Pakistan hikes petroleum levy on petrol, diesel; keeps retail prices unchanged
Islamabad, June 28 -- The Pakistan government on Saturday increased the petroleum levy on petrol and high-speed diesel (HSD) while leaving retail fuel prices unchanged for another week, despite a decline in international oil prices, The Express Tribune reported.
According to The Express Tribune, citing figures released by Pakistan's Petroleum Division, the petroleum levy on high-speed diesel (HSD) has been raised by PKR 6.57 per litre to PKR 79.54 per litre, while the levy on petrol has been increased by 39 paisa per litre to PKR 66.64 per litre.
The petroleum levy on kerosene oil remains unchanged at PKR 20.36 per litre.
The latest revision comes after the government decided not to pass on the benefit of lower global oil prices to con...
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