Fuel prices may undergo major dip from 16th

 ISLAMABAD:

The prices of petrol and high-speed diesel (HSD) are expected to further decline significantly in Pakistan from October 16 after the reduction in the rates of petroleum products in the international market.

The global oil prices were on track on Friday to post their steepest losses in a week since March, after another partial lifting of Russia's fuel export ban compounded demand fears due to macroeconomic headwinds.