There is a possibility of a reduction in the prices of petroleum products before the implementation of the budget.
Sources claimed from June 16, the prices of petroleum products are likely to decrease by more than 9 rupees and the price of kerosene may decrease by Rs2, light diesel by Rs4.10.
The price of petrol is expected to decrease by Rs9.28.
The price of high-speed diesel is likely to decrease by Rs4 per liter.
OGRA will send the summary of petroleum products to the government tomorrow. The Prime Minister will take the decision to reduce the prices in consultation with the Ministry of Finance.
The government will decide keeping in mind the revenue requirements.
