The petroleum development levy on high-speed diesel (HSD) has been increased by Rs by the federal government. 2.50 cents per liter


The Oil and Gas Regulatory Authority (OGRA) had suggested that the cost of high-speed diesel drop slightly over the next two weeks. However, the government increased the petroleum development levy on HSD by Rs instead of distributing the relief to the public. 2.5 rupees per liter 35 milliliters.


Additionally, the petroleum development levy on kerosene has been increased by Rs by the government. 1.88 milliliters.


Additionally, the levy on light diesel oil has increased significantly; previously, the levy on light diesel oil was Rs. 8.56 rupees per liter, which has been raised to Rs. 30.45 cents per liter A Rs levy is already levied by the government. 50 cents per liter on the cost of gasoline.


It is pertinent to mention that Finance Minister Ishaq Dar declared earlier on Sunday that the prices of petroleum products would not change for the next two weeks.