The government is expected to reduce petrol prices from December 16

The good news for the people of Pakistan is that the government can reduce the price of petrol by Rs 11 per liter from December 16.

According to sources, the price of diesel is expected to be reduced by Rs 9 per liter. It is hoped that the government will finalize the prices of petroleum products after raising or lowering the tax rate.

Crude oil prices have fallen worldwide.

Prices of petroleum products will be applicable from December 16.

On November 30, the government announced a decision to maintain the prices of petroleum products from December 1 to 15.

Kerosene and light diesel will be priced at Rs 116.53 and Rs 114.07 per liter, respectively.