Another petroleum bombs ready for public again
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ISLAMABAD: Next week petroleum products are likely to be expensive up to rupees 15 per litre. Crude oil has become expensive by 5 dollars per barrel in world market during one week.
According to private TV, crude oil prices increased in global market and this has created fears of new inflationary storm in Pakistan.
If value of dollar does not decrease further, prices of petroleum products may increase further from September 16. According to report, price of crude oil in Gulf market increased from 88 dollars per barrel to 93 dollars.
Published in The Daily National Courier, September, 11 2023
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