Major drop in petroleum prices expected

Islamabad: The prices of petroleum products are likely to fall sharply for the next 15 days from Sunday, February 16.

The relevant authorities have worked on reducing the prices of petroleum products by Rs2.49 to Rs9.11 per liter.

According to government and industry authorities, the price of petrol is likely to fall by Rs2.49 per liter, and high-speed diesel is expected to fall by Rs9.11 per liter.

The fundamentals of the international oil market are stable.