As per details, the petroleum levy on petrol has been increased by Rs 8.02 per liter, bringing the total levy on petrol to Rs 78.02 per liter.
The levy on high-speed diesel has been raised by Rs 7.01 per liter, taking it to Rs 77.01 per liter.
For kerosene oil, the petroleum levy has been increased by Rs7.99 per liter, making the total levy Rs18.95 per liter.
The petroleum levy on light diesel oil has been hiked by Rs 7.62 per liter, reaching Rs 15.37 per liter.
Additionally, the levy on HOBC (High Octane Blending Component) has also been raised by Rs 8.02 per liter, taking the total to Rs 78.02 per liter.
‘Govt to use oil price savings for N-25 upgrade, Balochistan uplift’
On Tuesday, the federal government announced that it would keep the prices of petroleum products unchanged for the next fortnight in Pakistan.
As per a notification issued, the price of petrol was kept unchanged at Rs254.63 per litre for the next 15 days.
The price of high-speed diesel also remained unchanged at Rs258.64 per liter.
The announcement follows a statement from Prime Minister (PM) Shehbaz Sharif, who said the prices would not be reduced for the next fortnight. Instead, he said that the benefits of declining global oil prices to consumers would be passed through uplift projects.
Mutib Khalid is a skilled content writer and digital marketer with a knack for crafting compelling narratives and optimizing digital strategies. Excel in creating engaging content that drives results and enhances online presence. Passionate about blending creativity with data-driven approaches, Mutib Khalid helps brands connect with their audience and achieve their goals.