Oil prices are likely to drop by Rs 12 per litre.

Under the influence of the global market, the government prepared to give another relief to the people.

According to media reports, a big drop in petroleum product prices is expected on June 15. The price of petrol in Pakistan is expected to decrease by Rs 12 per litre.

It should be noted that the crude oil prices increased on Friday after the OPEC Plus member countries assured to stop the production contracts, but overall, during the fixed period of oil price determination in the country, petrol in the global market remained unchanged. The price has come down significantly.

According to the report, due to the decrease of 5 dollars 14 cents in the global market, the price of petrol has reached the level of 89 dollars per barrel. Similarly, in the global market, diesel is trading at 93 dollars 88 cents after a decrease of four dollars.