Loading the latest PSX data…
Loading the latest PSX data…
danioPSX · · based on a report by Business Recorder
The government's changes to the petrol pricing mechanism may cause heavy losses for local refiners, raising serious doubts about the viability of multibillion-dollar upgradation projects.
An estimated Rs49 per litre loss on petrol could squeeze refining margins and undermine multibillion-dollar upgrade plans.
Price when this was written: Rs 1,088.78 · Live price, chart and results
The pricing mechanism changes could cause sharp losses per litre, clouding the viability of refinery upgradation projects.
Price when this was written: Rs 96.96 · Live price, chart and results
Domestic refineries face projected losses of Rs49 per litre on petrol, which may weigh on operational margins and upgrades.
Price when this was written: Rs 555.44 · Live price, chart and results
Expected losses under the updated petrol pricing formula could threaten refinery cash flows and planned upgrade investments.
Price when this was written: Rs 13.64 · Live price, chart and results
Business Recorder: Petrol pricing changes may cause refineries Rs49/litre loss
Education only, not investment advice. The likely direction is a reading of the news, not a forecast; prices can move the other way.