The breakdown of the petrol price suggests that the ex-refinery price of petrol stood at Rs75.83 on May 1, 2021. Governments across the world set petrol price keeping in view a number of factors in their respective economies including people’s purchasing power and per capita income. The breakdown of the petrol price suggests that the ex-refinery price of petrol stood at Rs75.83 on May 1, 2021. The government has kept the petrol price unchanged for the first 15 days of May despite an increase in ex-refinery price by Rs5 per litre. The government has continued to reduce collection of levy to keep petrol prices low in the country.

Source: The Express Tribune May 09, 2021 03:21 UTC