Govt revises prices of petroleum productsOctober 16, 2021
The government has increased the prices of petroleum products in view of their increase in the global market.
According to the notification issued by the Finance Ministry, the price of petrol has been increased by 10.49 rupees per liter, high speed diesel by 12.44 rupees , Kerosene by 10.95 rupees and Light Diesel Oil by 8.84 rupees per liter.
At present, oil prices have risen around 85 dollars a barrel, which are the highest since October 2018.
The notification further said that in the current scenario, the government has absorbed the pressure and provided maximum relief to the consumers by keeping Petroleum Levy and Sales Tax to minimum.
Source: Radio Pakistan