The federal government has significantly increased petroleum product prices across the country for the next 15 days. Petrol prices have been raised by Rs. 5.36 per liter, and diesel prices by Rs. 11.37 per liter.
The new rates came into effect on July 16 and will remain applicable for the next fortnight.
Officials clarified that the latest price hike is not due to any change in the petroleum levy but is based on current global market conditions. The government emphasized that the existing levy rates on both petrol and diesel remain unchanged.
According to available official data, a petroleum development levy of Rs. 75.52 per liter is currently applied on petrol, and Rs. 74.51 per liter on diesel, unchanged for several months.
