Achi news desk-
Islamabad (Newsdesk) After the drop in the prices of petroleum products in the world market, there is a possibility of a drop in the prices of petroleum products in Pakistan from May 1.
In the international market, petrol has become cheaper from 1.86 dollars to 107.16 dollars per barrel. After that, the price of petrol per liter in Pakistan is likely to decrease by 5 rupees.
After a drop of $4.30 in the global market, diesel price reached $104.76 per barrel, after which fast diesel in Pakistan is likely to be cheaper by Rs.7 per liter.
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In the same period of the previous financial year, foreign exchange was spent on imports of petroleum products of 13.083 billion dollars, in March 2024, the volume of imports of petroleum products spent foreign exchange of 1.506 billion dollars, which is 25% more than March last year.
In March last year, the volume of imports of petroleum products was recorded at 1.206 billion dollars Compared to February, imports of petroleum products have increased by 21% monthly In February, imports of petroleum products were 1.246 billion dollars.
