Govt cuts petrol levy and shifts higher import costs to local refineries.

To keep domestic retail petrol prices unchanged, the government reduced the petroleum levy and mandated that local refineries absorb higher petrol import costs.

Possible impact on PSX shares

• PRL Pakistan Refinery Limited▼ Could be negative

  Shifting higher petrol import costs onto domestic refiners may pressure PRL's operating margins and profitability.

  Price when this was written: Rs 96.96 · Live price, chart and results

• ATRL Attock Refinery Limited▼ Could be negative

  ATRL could see lower margins as refineries are made to absorb the impact of increased petrol import costs.

  Price when this was written: Rs 1,088.78 · Live price, chart and results

• NRL National Refinery Limited▼ Could be negative

  Forcing refineries to cover the petrol cost difference to maintain prices may negatively affect NRL's earnings.

  Price when this was written: Rs 555.44 · Live price, chart and results

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ProPakistani: Govt Cuts Petrol Levy, Makes Refineries Pay to Keep Prices Unchanged