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"Good News: Cheaper Fuel on the Horizon for Pakistan from December 1st

Fuel prices in Pakistan are expected to witness a significant reduction on December 1st, bringing relief to the public. This anticipated decrease is attributed to the continuous decline in global crude oil prices. Notably, the prices of US and British crude oil have been falling, and now, even Russian crude oil prices are on a downward trend.

International reports indicate that the price per barrel of Russian oil has dipped below $60 in the market, surpassing the European Union's set limit. Currently, crude oil prices are at their lowest in four months, paving the way for a substantial reduction in fuel prices across Pakistan.

It's crucial to note that the final announcement of petroleum product prices for the next 15 days will be subject to approval from the Prime Minister. Stay tuned for updates as Pakistan anticipates a positive shift in fuel costs, bringing relief to consumers.

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