Pakistan, Aug. 12 -- The federal government has reduced petrol prices by Rs1.70 per litre from August 12. However, it increased the price of high-speed diesel by Rs1.39 per litre. Petrol will now cost Rs325.92 per litre. Diesel will be available at Rs382.25 per litre. The Petroleum Division announced the revised prices on Tuesday. The new rates will apply under the government's daily fuel pricing mechanism.

Read More: Govt cuts petrol price by Rs 1.70, raises diesel's by Rs 1.39

Meanwhile, the government charges Rs114 per litre in taxes on petrol. Taxes and duties on high-speed diesel remain at Rs100 per litre. The diesel levy increased by Rs2 to Rs76.28 per litre. However, the petrol levy remained unchanged at Rs80 per litre. The keros...