Prices of petroleum products likely to drop from December

Govt slashes petrol price by Rs15 and diesel by Rs27.15 per liter

ISLAMABAD: Petroleum Oil Lubricants (POL) prices in Pakistan are expected to drop to record low this year after a decline in international market.
According to details, the oil markets fell again on Wednesday, extending losses from a 7-8 percent plunge the previous session as surging supply and the specter of faltering demand scared off investors.
According to experts, following the drop in the oil prices in international market, petroleum prices are likely to decrease to lower level of current year.


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