{"id":117117,"date":"2026-07-03T19:15:01","date_gmt":"2026-07-03T14:15:01","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=117117"},"modified":"2026-07-03T19:15:01","modified_gmt":"2026-07-03T14:15:01","slug":"petrol-prices-likely-to-drop-tonight-in-pakistan","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/petrol-prices-likely-to-drop-tonight-in-pakistan\/","title":{"rendered":"Petrol prices likely to drop tonight in Pakistan"},"content":{"rendered":"

ISLAMABAD: A significant decline in crude oil prices<\/a> has been recorded in the global market, as a result of which the price of Brent crude oil has reached its lowest level in the last four months, due to which a major decline in the prices of petroleum products is expected in Pakistan as well.<\/p>\n

The cautious strategy of investors during business in the global energy market, concerns about a slowdown in the global economy, and a possible decline in oil demand continued to put pressure on crude oil prices.<\/p>\n

Inflation remained higher than our expectations due to the increase in the prices of petroleum products, the Governor of the State Bank said.<\/p>\n

The price of Brent crude oil in the international market fell by 73 cents, or 1.02 percent, after which Brent crude oil closed at $ 70.65 per barrel.<\/p>\n

Experts say that continuous fluctuations in crude oil prices have been seen in the global market in recent weeks; however, the latest decline has brought prices to the lowest level in the last four months.<\/p>\n

According to economic analysts, concerns about the slowdown in industrial activity in the world\u2019s major economies, global trade uncertainty, and a possible decline in oil demand in the future have forced investors to adopt a cautious approach.<\/p>\n

In addition, the possibility of increasing production by some oil-producing countries is also being cited as an important reason for the decline in prices.<\/p>\n

Global oil prices are low; petrol prices in Pakistan should be reduced to Rs 225 per liter, Hafiz Naeem-ur-Rehman
\nExperts say that the recent decline in crude oil prices may provide financial relief to oil-importing countries, as there is a possibility of a reduction in import bills.<\/p>\n

If this trend of price decline in the global market continues, it may also have a positive impact on the prices of petroleum products in different countries.<\/p>\n

On the other hand, experts associated with the energy sector say that in the next few days, global economic indicators, policies of major oil-producing countries, supply and demand situation, and geopolitical situation will determine the direction of crude oil prices.<\/p>\n

Investors are also focusing on these factors, as they could lead to further declines or stabilization in global oil prices in the coming weeks.<\/p>\n","protected":false},"excerpt":{"rendered":"

ISLAMABAD: A significant decline in crude oil prices has been recorded in the global market, as a result of which the price of Brent crude oil has reached its lowest level in the last four months, due to which a major decline in the prices of petroleum products is expected in Pakistan as well. The […]<\/p>\n","protected":false},"author":9,"featured_media":106745,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,9],"tags":[1833],"class_list":["post-117117","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-latest-news","tag-petrol-prices"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/117117","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=117117"}],"version-history":[{"count":1,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/117117\/revisions"}],"predecessor-version":[{"id":117118,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/117117\/revisions\/117118"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/106745"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=117117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=117117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=117117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}