+- LifeStyle Review.PK - Share Your Experience! (https://lifestylereview.pk)
+-- Forum: Review Zone [Share Your Experience - Sharing Is Caring] (https://lifestylereview.pk/Forum-Review-Zone-Share-Your-Experience-Sharing-Is-Caring)
+--- Forum: Business (https://lifestylereview.pk/Forum-Business)
+--- Thread: 00- All Over The Pakistan Expected Petrol Price Reduction from 16 November (/Thread-00-All-Over-The-Pakistan-Expected-Petrol-Price-Reduction-from-16-November)
Expected Petrol Price Reduction from 16 November - Muhammad Fahim - 11-13-2023
Unconfirmed reports hint at a potential drop in petrol prices in Pakistan amid global fuel price declines. The interim government, led by Kakar, will review prices on November 15, 2023, with a final decision expected. Globally, petrol prices have fallen around 3%, reaching a three-month low due to decreased demand. Brent crude settled at $79.54 per barrel, and US crude oil declined to $75.33. Sluggish sales indicate reduced consumer demand, raising concerns about a possible recession. Despite earlier speculations, the caretaker government refrained from reducing petrol prices two weeks ago.
Source: Karakoram Plus