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Petroleum prices likely to be decreased for next fortnightly owing to decrease in international market

Islamabad: Crude oil prices in the international market have reduced and it is likely that people of Pakistan will get relief for next 15 days from August 1.

Sources said that it is likely that petrol price will be decreased by Rs 5.50 per litre for next fortnightly while diesel prices likely to reduce by Rs 11 per litre.

Kerosene oil prices likely to be diminished by Rs 5.84 per litre. While light diesel price will also be expected to decrease Rs 5 per litre per, the sources adds.

The prices of petroleum product expected to be determined for next fortnightly on a zero exchange rate.