Petrol price likely to cut by Rs12 per litre

The government is all set to give another big relief to the masses by further reducing the prices of petroleum products.

Sources said that due to decrease in the price of petrol in the international market by $5.14, the price in Pakistan is likely to cut by Rs12 rupees per litre.

They added that the price of petrol in the global market has reached the level of $89 per barrel.

Similarly, in the international market, diesel is trading at $93. 88 after a cut of four dollars.