In Islamabad, there is anticipation that petrol prices in Pakistan may experience a further reduction starting May 16, driven by
Ogra is expected to recommend lower petrol and diesel prices for the second half of May, pending official approval. a recent easing of inflation following the establishment of a stable federal government.
The government has taken proactive measures to alleviate the burden on the public, and if approved, this would mark the second consecutive decrease in petrol prices within a month. While the Oil and Gas Regulatory Authority has not yet submitted a formal summary to the Finance Division, preliminary reports suggest that it is likely to recommend a decrease in petrol and diesel prices for the second half of May 2024.
Experts have pointed out a significant drop in international oil prices, indicating that the government is poised to transfer these benefits to the public in the upcoming pricing review scheduled for May 15. This potential reduction in petrol prices aligns with ongoing efforts to provide economic relief and stability to the citizens of Pakistan.Reports indicate that the Oil and Gas Regulatory Authority is likely to propose a substantial reduction of Rs 12 per liter in petrol prices and Rs 9.70 per liter in diesel prices. However, it’s important to note that the final decision rests with the government, which will consider various factors before making an official announcement.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
Similar News:آپ اس سے ملتی جلتی خبریں بھی پڑھ سکتے ہیں جو ہم نے دوسرے خبروں کے ذرائع سے جمع کی ہیں۔
Petrol prices drop: Expected petrol price in Pakistan starting May 1After reaching a record high, petrol prices in Pakistan are expected to decline in the first half of May 2024. The federal government
مزید پڑھ »
Petrol, Diesel Prices Might Decrease in Pakistan By May 1, 2024As Pakistan grapples with rising inflation, there may be a glimmer of hope on the horizon. Recent fluctuations in the global oil market
مزید پڑھ »
Petrol Price in Pakistan – Expected Petrol Rate from May 1, 2024In May 2024, prices of petrol, diesel, and other petroleum products are anticipated to decrease, bringing some relief to people..
مزید پڑھ »
Petroleum prices in Pakistan likely to decrease in biweekly reviewPetroleum prices in Pakistan are expected to decrease in the upcoming biweekly review as global oil prices continue to decline
مزید پڑھ »
Big drop in Pakistan fuel prices expected -- over Rs12 for petrol and Rs8 for dieselIt is result of declining rates in global market
مزید پڑھ »
Anticipated Petrol Prices in Pakistan Starting May 1, 2024Amidst Pakistan's struggle with inflation and economic challenges, a glimmer of hope emerges on the horizon. Fluctuations in the
مزید پڑھ »