Levy increased on petrol, diesel

ISLAMABAD: The federal government has increased the petroleum levy to keep petrol and diesel prices unchanged despite a decline in global oil prices.

The petrol price remains at Rs254.63 per liter, while diesel stands at Rs258.64 per liter. According to sources, the decrease in petroleum products prices was offset by increasing the petroleum levy by Rs8.72 per liter on petrol (from Rs70 to Rs78.72 per liter) and on diesel it increased by Rs7.01 per liter (from Rs70 to Rs77.01 per liter). The increase in the petroleum levy was made through a Presidential Ordinance, sources said.