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August 31, 2005 Wednesday Rajab 25, 1426



Petrol price increase likely today



By Our Staff Reporter


ISLAMABAD, Aug 30: The federal government is likely to make a sizable increase in prices of petroleum products on Wednesday to partially pass on to consumers the impact of rising international oil prices, now touching $71 a barrel.

An official told Dawn on Tuesday that the government had decided to absorb part of rise in international oil prices and pass on to consumers some of this additional burden.



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