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#petrolprice #reductions #petroleumprices #NewYearRelief #dieselprice #pakistaneconomy #inflationrelief #energyupdate #fuel
Petroleum Prices Likely to Drop Ahead of New Year
There is a strong possibility of a reduction in petroleum product prices on the occasion of the New Year. According to reports, proposals for lowering fuel prices have been put forward.Sources indicate that the price of kerosene oil is likely to decrease by Rs 8.92 per liter, while light diesel oil may become cheaper by Rs 6.62 per liter. If the proposed changes are approved, the price of petrol is expected to fall from the current Rs 263.45 per liter to approximately Rs 252.85 per liter.Similarly, the price of high-speed diesel is likely to drop from Rs 265.65 per liter to around Rs 257.06 per liter. In addition, kerosene oil prices are expected to decline from Rs 180.54 per liter to Rs 171.62 per liter.Officials say the final decision will be taken after approval by the relevant authorities. If implemented, the reduction in fuel prices would provide relief to consumers amid rising living costs and could have a positive impact on inflation.
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