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ISLAMABAD:
Prices of deregulated petroleum products, including kerosene, light diesel oil (LDO) and high octane blend 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 petroleum oil, LDO and HOBC are deregulated products whose prices are not directly set by the government, changes in the oil development tax have contributed to the increase in their rates.
The price of kerosene oil has been increased by Rs 130.08. per liter at Rs 318.81. per litres. Similarly, LDO has become dearer by Rs67.82 per litre, with its new price set at Rs235.01 per litre.
A kerosene tax of Rs 20.36 per liter has been levied on kerosene oil, while Rs15.84 per liter tax is levied on LDO.
Additionally, the price of HOBC has been raised to Rs 338 per litre.
