Petrol and diesel prices are expected to decrease from October 1.
Sources say that the price of petroleum products may decrease due to the stability of the rupee against the dollar.
Crude oil prices have also decreased in the global market.
According to the sources, the finance ministry will take the final decision after consulting the caretaker prime minister.
Earlier, some federal ministers also expressed the possibility of a reduction in the prices of petroleum products from next month.
On the other hand, in the statement issued by Ogra, the news of reduction in the prices of petroleum products was termed as speculation.
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