Govt likely to cut petrol prices by Rs 5

ISLAMABAD: Petroleum Oil Lubricants (POL) prices declined in International Market by $50. The Government of Pakistan likely to decrease the Petrol Prices by Rs. 5 in January 2019.

Petrol and diesel prices are likely to decline by Rs.5 in Pakistan by January 1st, 2019.

Read More: Petrol Prices in December 2018 [Update]

The OGRA will forward the summary to the Finance Ministry on 30th December 2018.

Brent crude LCOc1, the global benchmark, was up 43 cents at $50.90 at 0949 GMT. It earlier fell to $49.93, the lowest since July 2017, and posted a 6.2 percent slide in the previous session.

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