Petroleum dealer’s margin likely to increase again by Rs0.88

The federal government is preparing to increase petrol, diesel OMC and dealer’s margin again for the third consecutive time in a month, reported 24NewsHD TV channel on Sunday.

According to sources, the proposed increase in petrol and diesel margin by Rs0.88 per litre will be implemented from tomorrow.

Sources further said that oil companies' margins are proposed to increase by Rs0.47 per litre.

There is a proposal to increase dealer margin on petrol and diesel by Rs0.41 per litre, sources said.

It may be mentioned here that OMC and dealers' margin has already been increased to Rs1.76 a litre for September 16 and October 16.

At present, per litre of petrol the OMC margin is Rs6.94 while a margin of Rs7.82 per litre is being charged to petrol dealers and the OMC margin is Rs7.08 per litre of diesel, sources said.

Currently, dealers' margin is Rs7.82 per litre of diesel.

Reporter: Awais Kiyani