Notification Issued for Changes in Petroleum Product Prices
Islamabad (Qudrat Daily) — OGRA has announced changes in the prices of petroleum products. According to the notification issued by the Petroleum Division, the price of petrol has been increased by Rs2.93, while the price of diesel has been reduced by 61 paise per liter. The new price of petrol has been set at Rs395.37 and the price of high-speed diesel at Rs396.35.
The new prices will take effect from 12 midnight tonight. On the other hand, at the start of the business week in international markets, crude oil and gold prices declined, while agricultural commodity rates showed a mixed trend. According to a Bloomberg report, on Monday, futures for US West Texas Intermediate (WTI) fell by 71 cents to $91.14 per barrel, while Brent North Sea crude contracts settled at $104.17 per barrel, down 55 cents.
The price of gold fell by $13.57 to $4,180.67 per ounce, while the price of silver was recorded at $61.19 per ounce, up 14 cents. In the agricultural commodities market, corn rose by $1.50 to $481.25 per bushel, wheat fell by 75 cents to $670.25 per bushel, cotton declined by 30 cents, while the price of live cattle rose by $3.50 per unit.
