Petrol Price Levy Increase Creates Public Reaction
The petrol price is stable, but the levy on petrol has increased, which is the real reason behind the price hike. This has created a public reaction, with the public demanding more reduction from the government. Hafiz Naeem urges the government to abolish the petroleum levy.
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Updated: 5:03 PM PKT — June 6, 2026
The ex-depot price of petrol has been reduced by Rs. 4 per litre to Rs. 377.78, while the price of high-speed diesel remains unchanged at Rs. 380.78 per litre. This marks the fourth consecutive reduction in petrol prices.
However, the benefit to consumers has been largely offset by a simultaneous increase in the petroleum levy on petrol, which was raised by Rs. 24.74 to Rs. 116.08 per litre. In contrast, the levy on high-speed diesel was reduced by Rs. 24.34 per litre. The adjustments are part of a fiscal strategy to balance government revenue with fluctuations in global oil markets.
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