Islamabad: Due to a decline in crude oil prices in the international market, there is a possibility of a reduction in petroleum product prices in Pakistan from January 16. According to sources, petroleum prices in Pakistan may be reduced by up to Rs 4.59 per liter from January 16. The price of petrol is likely to decrease by Rs 4.59 per liter, while high-speed diesel may become cheaper by Rs 2.70 per liter.

