The federal government is reportedly considering another price increase on petroleum products, potentially adding a fresh burden on consumers in the coming days.
Sources say officials are reviewing a proposal to raise oil marketing companies (OMC) and dealer margins by Rs. 1.10 to Rs. 1.28 per liter on both petrol and diesel.
If approved, the combined increase in margins would amount to around Rs. 1.20 per liter, which could translate into an additional cost of up to Rs. 2.40 per liter for consumers at the pump.
According to sources, approval for the adjustment will be sought from the Economic Coordination Committee (ECC). A summary is expected to be presented in an upcoming ECC meeting.
If the ECC grants approval, the proposal will then be forwarded to the federal cabinet for final endorsement.
Currently, OMCs and dealers are charging Rs. 16.51 per liter in margins on both petrol and diesel — including Rs. 7.87 per liter profit for oil marketing companies and Rs. 8.64 per liter commission for dealers.
Officials say the revised margins would directly impact retail fuel prices, raising concerns at a time when inflation remains a major challenge for households and transport operators across Pakistan.
Via: city42
