The Economic Coordination Committee (ECC) has approved plans to increase profit margins for oil-marketing companies (OMCs) and fuel dealers a decision expected to drive up petrol and diesel prices nationwide.
Under the proposal, margins would rise by roughly Rs 1.20–1.30 per litre, which could translate into a pump-price hike of up to Rs 2.40 per litre for consumers when implemented.
Industry sources say the revision aims to help cover increased operational costs and support ongoing digitization at fuel pumps. The change will take effect once the federal cabinet ratifies the ECC’s decision.
Consumers should expect updated retail fuel prices in the next pricing cycle, possibly adding to the inflationary pressure already affecting households.