Prices of deregulated petroleum products, including kerosene oil, light diesel oil (LDO) and high-octane blending component (HOBC), have also increased following the government's recent hike in petrol and high-speed diesel (HSD) prices and a rise in international oil prices. Although the government maintains that kerosene oil, LDO and HOBC are deregulated products whose prices are not directly fixed by the state, changes in the petroleum development levy have contributed to the increase in their rates. The price of kerosene oil has been increased by Rs130.08 per litre to Rs318.81 per litre. Similarly, LDO has become costlier by Rs67.82 per litre, with its new price set at Rs235.01 per litre. A petroleum levy of Rs20.36 per litre has been imposed on kerosene oil, while Rs15.84 per litre levy is being charged on LDO. In addition, the price of HOBC has been raised to Rs338 per litre.
from Pakistan News, Latest News Pakistan, Pakistan Headline | The Express Tribune https://ift.tt/paSrDP3
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