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10 Jun 2012

POL products likely to decrease Rs10 per liter

Updated :   Saturday  June  9 , 2012  8:24:49 PM
 
 Petroleum products are likely to decrease Rs 10 per liter by June 16 owing to decrease in oil prices in Arab Gulf market.

Sources said that in Arab Gulf market oil prices have reduced eight dollars per barrel.

In international market crude oil prices has touched to its lowest price in six years. Due to which petrol price is expected to decrease by nine rupees per liter, high speed diesel by five rupees per liter and high octane by 10 rupees per liter.

Meanwhile, light diesel is likely to decrease by four rupees per liter and Kerosene oil by Rs 4.90 per liter.

The decrease in international oil market will provide direct relief to  POL consumers.

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