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Consumers deprived of full relief on petroleum prices | The Express Tribune – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

Consumers deprived of full relief on petroleum prices | The Express Tribune

Consumers deprived of full relief on petroleum prices | The Express Tribune
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The government has adjusted transport charges and margins for oil companies, partially offsetting the relief in petroleum product prices announced earlier, Express News reported.

Due to these changes, consumers lost Rs 1.42 per litre in petrol relief and Rs 0.50 per litre in diesel relief.

According to official documents, freight charges on petrol increased by Rs 1.42 per litre, raising the total freight cost to Rs 5.79 per litre from the previously set Rs 4.37 on February 1.

The petroleum levy on petrol remains unchanged at Rs 60 per litre, while the Oil Marketing Companies (OMC) margin remains at Rs 7.87 per litre. Similarly, dealer margins on petrol remain fixed at Rs 8.64 per litre.

For high-speed diesel, freight charges and additional margins have also been raised. Freight charges on diesel rose by Rs 0.27 per litre, increasing from Rs 2.65 to Rs 2.92 per litre, while the extra margin on diesel was raised by Rs 0.23 per litre.

The adjustments come a day after the government announced a reduction in petroleum prices, cutting petrol prices by Rs 1 per litre and high-speed diesel by Rs 4 per litre.

 

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