Petroleum prices may be slashed from August 2015 due to reduction of the oil in the international markets.
According to sources of the Oil and Gas Regulatory Authority (OGRA) a reduction in domestic fuel prices is under consideration from the month of August.
According to the initial report, petrol prices are likely to be reduced by Rs3.44 per liter, HOBC by Rs5.60 per liter, diesel by Rs2.78 a liter and kerosene oil by Rs2.10 a liter.
