Diesel Price Raised Despite Lower Cost as Petroleum Levy Increased by Rs2 Per Litre

Diesel Price Raised Despite Lower Cost as Petroleum Levy Increased by Rs2 Per LitreFederal government increases petroleum levy on high-speed diesel by Rs2 per litre. High-speed diesel price increased by Rs1.39 per litre for August 12. Petrol continues to carry an Rs80 per litre petroleum levy, while a separate Rs5 climate support levy applies to both fuels. The documents show that the petroleum levy on high-speed diesel has been increased by Rs2 to Rs76.28 per litre. Despite the reduction in the international cost, consumers did not receive the benefit because of the higher petroleum levy.