MOSCOW: The recent dip in international oil prices may translate into a potential reduction in petroleum product prices in Pakistan.
As reported by international media, Brent crude futures saw a decrease of 08 cents, settling at $77.12, while US crude oil experienced a 13-cent decline, reaching $72.19 per barrel.
It’s worth noting that global crude oil prices have hit their lowest point in five months due to the sustained downward trend.
With the ongoing impact of declining world market prices, there is a likelihood of a per-liter decrease in oil prices in Pakistan.