Delayed announcement of new oil prices

Delayed announcement of new oil prices

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Islamabad: The announcement of the price change of petroleum products was delayed as Prime Minister Shahbaz Sharif fought in Uzbekistan where he attended a meeting. Shanghai Cooperation Organization summit

POL prices are revised weekly with the Prime Minister’s approval. But due to his busy schedule The decision was therefore suspended. The source said geography news.

PM Shehbaz is in Samarkand, attending the SCO Council of Heads of State (CHS) Summit, where he meets with Russia’s Vladimir Putin, Turkey’s Recep Tayyip Erdogan and others.

“The Ministry of Finance is waiting for the advice of the Prime Minister. When the Prime Minister decides on the conclusions sent to him Then a new price will be issued,” the source said.

according to report by newsOil prices are likely to drop from Rs.235.98 per liter to Rs.226.36 after a reduction of Rs 9.62 per liter in the next two weeks.

However, diesel prices are expected to increase slightly by Rs 3.04 per liter, rising from Rs 247.26 per liter to Rs 250.30 during the period.

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