ISLAMABAD (Staff Report) – Petroleum prices are expected to slash by Rs.15 for the month of February after Arab Light Crude Oil has reached a new low in last 13 years, sources in Ministry of Petroleum said on Saturday.

According to sources, the price of petrol is likely to go down by Rs 10.37 per liter, while high speed diesel would by Rs 15, high octane by Rs 9, kerosene oil by Rs 8, while price of light diesel would be slashed by Rs. 11 per liter.