ECC approves increase in profit margins for petrol dealers
MG News | December 01, 2021 at 05:31 PM GMT+05:00
December 1, 2021 (MLN): The Economic Coordination Committee (ECC) of the federal cabinet on Wednesday has approved a proposal tabled by the Ministry of Energy (Petroleum Division) to raise profit margins of dealers on petrol by Rs0.99 per litre to Rs 4.90, according to the sources.
Moreover, the ECC has increased the profit margin on high-speed diesel (HSD) for dealers by Rs0.83 per liter to Rs4.13.
To note, on November 25, the Pakistan Petroleum Dealers Association (PPDA) had called off the strike after the assurance from the government that profit margins will be increased by Rs0.99 per litre or 25 percent.
Copyright Mettis Link News
Related News
_20260101112329999_0153db_20260209062258909_9180ec.webp?width=280&height=140&format=Webp)
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 173,962.82 313.69M | 1.30% 2237.52 |
| ALLSHR | 104,178.62 550.40M | 0.93% 964.13 |
| KSE30 | 52,166.33 164.58M | 1.26% 649.19 |
| KMI30 | 250,496.48 141.11M | 1.59% 3930.77 |
| KMIALLSHR | 67,844.06 318.73M | 1.20% 801.29 |
| BKTi | 47,430.11 44.68M | 0.28% 130.40 |
| OGTi | 36,386.96 9.01M | 0.13% 45.59 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 73,980.00 | 74,535.00 72,595.00 | 360.00 0.49% |
| BRENT CRUDE | 90.85 | 92.95 89.93 | -1.85 -2.00% |
| RICHARDS BAY COAL MONTHLY | 110.00 | 0.00 0.00 | -7.90 -6.70% |
| ROTTERDAM COAL MONTHLY | 112.85 | 0.00 0.00 | -0.05 -0.04% |
| USD RBD PALM OLEIN | 1,157.50 | 1,157.50 1,157.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 87.18 | 89.02 86.35 | -1.72 -1.93% |
| SUGAR #11 WORLD | 14.07 | 14.35 13.90 | 0.14 1.01% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
× ![]()