Petrol, diesel to be priced at Rs 50 per liter, PML-N

Petrol, diesel to be priced at Rs 50 per liter, PML-N

Posted on Apr 21, 2020

The Pakistan Muslim League-N demanded that the reduction of oil prices globally should be made available to the people and the price of petrol and diesel should be reduced to Rs 50 per liter.

After a party meeting in Islamabad, former prime ministers Shahid Khaqan Abbasi and Khawaja Asif discussed the media with other leaders and demanded a reduction in oil prices.

Shahid Khaqan Abbasi, senior vice-president of the PML-N, said, "Today, there is a need to provide relief to the people and at this time the price of oil in the international market has come to a record level".

Referring to the drop in oil prices globally, he said, "If this relief was made available to the people, it would have reduced the business and salaries of the people today and could provide considerable relief to the problems they face." '.

"We demand that the price of petrol and diesel be reduced to Rs 50 per liter which is in line with the government's procedure," he said.

oil prices

Shahid Khaqan Abbasi said, "This month's deals will be at the same price which will provide relief to the people and reduce inflation."

"If electricity and gas prices are not half, then at least a third can be done and the people should be given relief," he said.

Referring to the Chinese and flour crisis investigations, he said: "The Chinese Investigation Commission has been formed and we have heard that the NAB has taken notice, but we do not trust the NAB and the FIA ​​as they approach the real issue. 

The former prime minister said, "If the mill owners have done anything, they should be caught, but the real problem has been the government's own performance and policy".

"The purpose of this commission and the NAB inquiry is only to save Imran Khan, who is actually responsible," he said.

It may be recalled that yesterday, US crude oil prices went negative for the first time in history, after which Wall Street saw a sharp trend.

According to reports, the US benchmark West Texas Intermediate (WTI) closed negatively at $ 37.63 a barrel for May delivery.

That is, crude oil sellers have been forced to pay the buyer $ 37.63 a barrel in addition to oil, while today is the last day for next month's deals.

According to experts, the reduction in oil prices in the global market will benefit Pakistan, which could reduce business losses and curb the corona virus's economic impact.


Mian Tajamul

Blog Author

Related Posts