ISLAMABAD (Web Desk) – The prices of crude products are likely to plummet from August as a summary in this regard will be sent off to the finance ministry on July 30.

Sources in federal petroleum ministry revealed petrol is expected to slump by Rs.1.30 per liter from the next month, high-speed diesel price by Rs.1.10 and light-speed diesel is likely to drop by Rs. 2.50/liter.

The sources said the kerosene oil also will fall by Rs.1.20/liter.

The finalised summary regarding the decrease in POL prices will be gone to finance ministry on July 30.