Citizens get ready for the additional burden of petroleum product prices, the federal cabinet approved to increase the margin of oil companies by 63%.
According to the sources, the increase in OMC margin on petrol and diesel by 2 rupees 32 paise per liter was approved by the federal cabinet through circulation.
In this regard, it was further informed by the sources that the OMC margin on petrol and diesel has been approved to be increased from Rs.3.68 to Rs.6 per liter respectively.
According to the sources, the increase will be subject to the prior approval of the Ministry of Finance after the revision in the prices of petroleum products.
