Petrol price relief likely as global oil fallsPublished on: June 16, 2026 4:30 PM
Pakistan, June 16 -- Pakistani consumers could see relief at fuel stations in the coming weeks as international crude oil prices continue to decline after recent geopolitical tensions eased. The downward trend in global energy markets has increased expectations that domestic petroleum prices may also move lower during the next review period, offering some support to households and businesses facing elevated transportation and energy costs.
International benchmark oil prices have fallen by more than seven percent in recent days, reversing part of the sharp increases recorded during regional conflicts. United States crude oil is currently trading near $80 per barrel, while Brent crude has dropped to around $82 per barrel. These development...
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