Government increases petrol and diesel prices following OGRA's revision.

The government announced a hike in petroleum and high-speed diesel prices, which impacts margins and inventory valuations for oil marketing companies.

Possible impact on PSX shares

• PSO Pakistan State Oil Company Limited▲ Could be positive

  As the largest state-owned oil marketing company, higher ex-depot prices could lead to inventory gains on existing petroleum stocks, supporting short-term earnings.

  Price when this was written: Rs 351.24 · Live price, chart and results

• APL Attock Petroleum Limited▲ Could be positive

  Attock Petroleum may see improved marketing margins following the OGRA price revision for high-speed diesel and petrol.

  Price when this was written: Rs 524.65 · Live price, chart and results

• SHEL Shell Pakistan Limited▼ Could be negative

  Higher retail prices for petroleum products may reduce overall consumer consumption volumes, impacting near-term sales performance.

  Price when this was written: Rs 185.01 · Live price, chart and results

Read the full report

Business Recorder: Govt increases diesel price by Rs2.16, petrol by Rs1.54 per litre