Pakistan May Reduce Domestic Oil Prices, Recorder Reports

By Khalid Qayum

Oct. 24 (Bloomberg) -- Pakistan may cut domestic oil prices after the global crude costs declined, the Business Recorder newspaper reported, citing President Asif Ali Zardari.

Pakistan reviews local oil prices fortnightly in line with global costs.

To contact the reporters on this story: Khalid Qayum in Singapore at kqayum@bloomberg.net.