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Petrol costs more likely to lower from October 16: sources

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Petrol prices likely to decrease from October 16: sources

ISLAMABAD: Petrol costs in Pakistan can lower barely from October 16, in accordance with sources, if the federal government mulls slashing the quantity of petroleum levy it prices, Geo News reported on Wednesday.

A abstract of petrol costs has been forwarded by the Oil and Gas Regulatory Authority to the Petroleum Division on this regard.

The authorities is at the moment amassing Rs30/litre petroleum levy on diesel and Rs27.32/litre on petrol. On the opposite hand, the quantity of petroleum levy on kerosene oil imposed is Rs11.43.

The ultimate costs of petroleum merchandise, nevertheless, can be determined by the Ministry of Finance after bearing in mind Prime Minister Imran Khan’s suggestions.

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