The prices of petrol products are expected to decrease by Rs3 rupees per liter, while the price of diesel may decrease by Rs8.50 per liter.
As per media reports, the price of kerosene is expected to decrease by 9 rupees and 11 paisa per liter.
The reduction in prices likely be due to the decrease in global crude oil prices, and work on adjusting the prices of petroleum products has begun.
OGRA would be sending the final summary regarding the prices of petroleum products to the government.
The finance minister would announce the new prices of petroleum products on July 31, following the instructions of the prime minister.
