The Pakistan government announced a series of oil price decreases amid the fall in international oil prices and a deprecation in the dollar value.
The Oil and Gas Regulatory Authority has started working on a new summary, which is likely to propose a Rs15 reduction in petroleum-line prices.
The government may provide relief to the masses by decreasing petroleum levies and other taxes.
Experts predict that the price of petrol will decrease by Rs12 and diesel by Rs15.
Ogra will send their report on the proposed new prices on August 13th, following which the pricing change will be announced on August 15th by the prime minister.
