Islamabad: Crude Oil prices have been adopting bear trends in international markets during the current month.
According to experts the trends would remain same in the upcoming month of June. However in Pakistan, rumors are on hike that the government is going to increase petroleum levy in the next budget.
It is pertinent to mention here that the government is also charging Rs 3.16 per liter tax on POL prices, and has given Rs 40 billion subsidy on POL products during the current fiscal year.
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