ISLAMABAD: The federal government Saturday announced that the prices of petroleum products will be maintained at the current rate by adjusting the petroleum levy (PL) rates for the next fortnight with effect from October 16 till 31st. Federal Minister for Finance and Revenue, Ishaq Dar, who is currently in Washington to attend the annual meetings of the International Monetary Fund (IMF) and World Bank, announced the development via a video message. Rejecting the Oil and Gas Regulatory Authority (Ogra) recommendations to decrease petrol price and increase high speed diesel (HSD), kerosene oil (SKO) and light diesel oil (LDO) prices, he said government has decided to keep the prices at existing level.

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