The interim federal government has recently announced a marginal decrease in the price of petrol, while maintaining the existing price for high-speed diesel. The cost of petrol will see a reduction of Rs. 8 per liter, bringing the new price to Rs. 259.34. In contrast, the price of high-speed diesel will remain steady at Rs. 276.21 per liter.

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The fluctuation in fuel prices in the country is primarily influenced by global oil prices and the prevailing exchange rate. Notably, a significant factor contributing to the current pricing structure is the petroleum development levy.

Presently, the government imposes a levy of Rs. 60 on each liter of both petrol and high-speed diesel.

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