POL prices likely to go down by Rs435 per litre in September

ISLAMABAD: The petroleum prices are likely to be slashed by Rs4.35 per litre in the upcoming month of September.According to sources, the price of petrol is likely to be reduced by Rs2.60 per litre.Likewise, the prices of High Speed Diesel (HSD) Rs3.46, High Octane Blending Component (HOBC) Rs4.35 and Light Diesel Oil (LDO) Rs2.80 per liters are likely to be reduced.The price of kerosene which is used for cooking in rural areas is likely to be dropped by Rs3 per litre.However, the Finance Ministry is considering increasing petroleum levy and General Sales Tax (GST) due to which the public will be deprived of relief.