Govt adopts a new formula allowing refineries to set ex-refinery prices to reduce petrol rates.

danioPSX · 1 November 2026 at 20:17 PKT · based on a report by ProPakistani

The government is taking steps to lower fuel costs by permitting local oil refineries to determine ex-refinery prices under a new pricing formula.

Possible impact on PSX shares

PRL Pakistan Refinery Limited◆ Mixed
Allowing refineries to determine ex-refinery prices offers pricing flexibility, but the policy drive to bring down fuel prices could test realized margins.
Price when this was written: Rs 96.96 · Live price, chart and results
ATRL Attock Refinery Limited◆ Mixed
ATRL could gain more control over its product pricing, though government efforts to cut petrol rates may limit potential margin upsides.
Price when this was written: Rs 1,088.78 · Live price, chart and results
NRL National Refinery Limited◆ Mixed
A revised pricing formula allows refineries to set ex-refinery rates, creating uncertainty over margins while the state aims to lower fuel costs.
Price when this was written: Rs 555.44 · Live price, chart and results
CNERGY Cnergyico PK Limited◆ Mixed
Changes to how ex-refinery prices are determined could shift CNERGY's revenue dynamics as authorities push for cheaper retail fuel.
Price when this was written: Rs 13.64 · Live price, chart and results

Education only, not investment advice. The likely direction is a reading of the news, not a forecast; prices can move the other way.

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