Analysts foresee massive rise in petrol, diesel prices next year
KARACHI: Analysts foresee a hefty price escalation of Rs20/litre to Rs25/litre in the retail prices of the motor spirit and high-speed diesel next year due to the present government’s ambitious target of Rs610 million Petroleum Development Levy (PDL) in FY22. “The targeted Rs610 billion in PDL collection roughly estimates to Rs30/litre on the sale of … Read more