ECC approves increase in profit margins for petrol dealers

MG News | December 01, 2021 at 05:31 PM GMT+05:00

0:00

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

Name	Price/Vol	%Chg/NChg
KSE100	162,102.92 254.63M	-0.51% -834.01
ALLSHR	98,424.06 767.06M	-0.39% -385.08
KSE30	49,178.66 92.71M	-0.54% -267.15
KMI30	231,230.31 69.98M	-0.64% -1485.54
KMIALLSHR	64,033.87 360.75M	-0.55% -353.80
BKTi	43,997.64 36.18M	0.12% 50.75
OGTi	32,027.34 12.90M	-0.69% -223.49

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	85,250.00	88,150.00 80,750.00	-1190.00 -1.38%
BRENT CRUDE	62.51	63.10 61.87	-0.87 -1.37%
RICHARDS BAY COAL MONTHLY	85.00	0.00 0.00	0.25 0.30%
ROTTERDAM COAL MONTHLY	96.25	0.00 0.00	0.15 0.16%
USD RBD PALM OLEIN	1,082.50	1,082.50 1,082.50	0.00 0.00%
CRUDE OIL - WTI	57.98	58.80 57.38	-1.02 -1.73%
SUGAR #11 WORLD	14.77	14.83 14.56	0.11 0.75%