Petrol prices in Pakistan likely to decrease massively before Eid

ISLAMABAD: In a bid to provide relief to the public on the advent of Eidul Azha the Pakistan government is likely to reduce the petrol and diesel prices by as much as Rs12.

The expected reduction in petrol prices is being attributed to the global market.

K-electric power rates hiked up

The global market has seen a decrease of $5.14 in prices, and as a result, prices in Pakistan are also expected to drop by up to 12 rupees.

After the reduction in global market prices for petrol, the price has now settled at $89 per barrel.