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Petrol, diesel rates likely to decline
 


June 13, 2012 - Updated 1713 PKT
From Web Edition
 
 



KARACHI: Prices of petrol and diesel are expected to be brought down by Rs9 and 5 per litre from June 16 in the wake of a recent decrease in the international rates of crude oil.

 

The price of Compressed Natural Gas (CNG) may also be cut down.

 

Sources of Petroleum Ministry told Geo News today that it was being mulled to reduce the price difference between petrol and CNG from existing 55 percent to 60 percent.

 

The sources said that prices of POL products could witness a decline of 10 percent.

 
 
 
 
 
 
 
 
 
 
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