KARACHI-The price of essential food products are expected to decrease at the utility stores outlets following a decrease in the price of petroleum products.

The price of cooking oil is expected to decrease by Rs 10 per liter while the prices of pulses will decrease by Rs 5-8 per kilo.

During the last two months the price of cooking oil has already decreased by Rs 15-22 per kilo. The new prices of food products are expected to go into effect from January 1.