Business

Proposed increase in profits of oil marketing companies and dealers

ISLAMABAD: The Petroleum Division has sent a summary of increase in profits of oil marketing companies and dealers to the Economic Co-ordination Committee of the Cabinet.

According to the document, a summary submitted by the Petroleum Division to the Economic Co-ordination Committee of the Cabinet has proposed to increase the profits of oil marketing companies and dealers by Rs 1.3 per liter on petrol.

In addition, it is proposed to increase the profits of oil marketing companies and dealers by 95 paise per liter of diesel.

A summary of the Petroleum Division will be on the agenda of today’s meeting of the Economic Co-ordination Committee.

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