Pakistan has cut the high-speed diesel crack spread to $38 from $41.89 per barrel.

The government and local refineries agreed to lower the high-speed diesel crack spread, which directly impacts the margins earned on refining crude into diesel.

Possible impact on PSX shares

• ATRL Attock Refinery Limited▼ Could be negative

  A cut in the HSD crack spread from $41.89 to $38 per barrel could reduce refining profitability on diesel production for ATRL.

  Price when this was written: Rs 1,217.50 · Live price, chart and results

• PRL Pakistan Refinery Limited▼ Could be negative

  PRL's operational margins could be negatively affected by the lowered crack spread benchmark for high-speed diesel.

  Price when this was written: Rs 104.44 · Live price, chart and results

• NRL National Refinery Limited▼ Could be negative

  With the HSD crack spread reduced to $38 per barrel, NRL may see weaker refining margins on its diesel output.

  Price when this was written: Rs 650.01 · Live price, chart and results

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ProPakistani: Govt, Refineries Agree to Cut Diesel Prices