Islamabad: Prices of petroleum products are likely to be changed for next 15 days from August 16 in view of fall in prices of oil in international market.

As per media reports the reduction in prices of high speed diesel is estimated at Rs 11.75 per liter by respective authorities. On the other side price of petrol is likely to be raised by Rs 1.32 per liter. Reduction of Rs 6.25 per liter in the prices of kerosine oil and Rs 7.11 per liter in price of light diesel oil is expected.

If these proposals are accepted then new price of high speed diesel cane be reduced from Rs 282.83 per liter to Rs 274.08 per liter.