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Petrol prices in Pakistan are likely to decrease from September 1, providing long-awaited relief to the public burdened by rising living costs. Sources within the energy sector suggest that a downward trend in global crude oil prices and a stronger rupee against the dollar have created room for a price cut.
The final decision will be announced by the government after reviewing recommendations from the Oil and Gas Regulatory Authority (OGRA). If approved, this reduction could ease inflationary pressure and bring some respite to transport and business sectors.
However, officials caution that future adjustments will continue to depend on international market fluctuations and local currency performance.
