KARACHI: The Petroleum Division on Monday sought the comments from the Oil and Gas Regulatory Authority (OGRA) over the demand of oil marketing companies (OMCs) to raise their margins on motor spirit (MS) and high speed diesel (HSD).
The Petroleum Division in a letter to OGRA stated that margins of OMCs were revised in August 2022 up to Rs6 on MS and HSD, while the Oil Companies Advisory Council (OCAC) has now sought revision in the margins up to Rs12/litre on both products.
The division asked OGRA to consider the issue under the provision of Petroleum Products (Petroleum Levy) Ordinance 1961 and give its input in this regard.
A trader can be seen at the Pakistan Stock Exchange building in Karachi. — PPI/FilesKARACHI The Pakistan Stock...
Engro Fertilizers Limited plant can be seen in this undated image. — LinkedIn/Engro Fertilizers Limited KARACHI:...
A representational image of a chemist looking for medicines in his store. — AFP/FileLAHORE: The Pakistan...
This image shows the SRB logo on a wall inside the building. — Facebook/Sindh Revenue Board, Government of...
This image shows the Logo of UBL at the building. — Facebook/UBL - United Bank LtdKARACHI: United Bank Limited , one...
IMF headquarters in Washington. — AFP/FileWASHINGTON: The International Monetary Fund urged countries on Wednesday...
