Big Relief for Public: Government Further Reduces Petroleum Levy

November 14, 2026 2 min read

Providing further relief to a public burdened by inflation, the government has reduced the petroleum levy by an additional 1.65 rupees.

Following this latest reduction, the levy burden on citizens per liter of petrol has decreased to 63.64 rupees.

Official departmental documents indicate that the benefits of the changes made to the formula for determining petrol prices are now becoming clearly apparent.

It should be noted that a trend of consistent decline in the prices of petroleum products has persisted across the country over the past week, with the price of petrol seeing a cumulative reduction of more than 35 rupees.

Petrol price reduced by Rs 2 per litre; diesel price remains unchanged; notification issued

The government has reduced the price of petrol by another Rs 2 per liter, setting the new price at Rs 330, while the price of diesel remains unchanged at Rs 360 per liter.

According to a notification issued by OGRA (Oil and Gas Regulatory Authority), the new prices will be effective from November 14 to November 16. Previously, on November 13, petrol was being sold at Rs 332 per liter, and diesel at Rs 360 per liter.

Meanwhile, the government has also further reduced the petroleum levy by Rs 1.65 per liter. Following this reduction, the levy burden on petrol has decreased to Rs 63.64 per liter.

Read also: Trend of declining petroleum product prices continues; diesel becomes cheaper by Rs 4 and petrol by Rs 3 per liter.

According to departmental documents, the effects of changes made to the formula for determining petrol prices are now becoming apparent.

Over the past week, a consistent downward trend in the prices of petroleum products has persisted, with the price of petrol dropping by a total of more than Rs 35 during this period.

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