Petroleum prices likely to go down

ISLAMABAD: Petroleum prices are likely to go down from June 01, SAMAA reported Friday.

The reduction in the prices has been taken after the decline in the prices in the international markets. About 15 dollar per barrel reduction in the petroleum prices has occurred during this month and the benefits of this would be given to local consumers.

Sources told that Oil and Gas Regulatory Authority (OGRA) has made the summary of price reduction and according to that price of kerosene will be reduced up to Rs 7. The prices of petrol and diesel will go down up to Rs 4 and Rs 5 respectively