The price of the petroleum products is expected by 27 rupees per litre as the price of crude oil has reportedly been decreased by 23 per cent in the international market.
According to the report, after the price of the crude oil gone down by 23 per cent, it is expected that the price of the petroleum products in Pakistan will also be decreased.
The petroleum experts of the country said that in order to provide relief to the people, the government of Pakistan should take the price of the petroleum products down.
If the price of crude oil in the international market decreased by 23 per cent, the price of the petroleum products in Pakistan is expected to decrease by 27 rupees per litre.
It is pertinent to mention here that the federal government had rejected the summary moved by the Oil and Gas Regulatory Authority (OGRA) seeking to reduce petrol price and decided to keep the prices of petrol and diesel same for the month of February.