Petrol prices falling below crude oil globally could compress refining margins for Pakistani refiners.

International petrol prices dropping below crude oil prices creates negative or compressed refining margins, which directly hits profitability for domestic refineries.

Possible impact on PSX shares

• ATRL Attock Refinery Limited▼ Could be negative

  Lower international petrol prices relative to crude oil could compress refining margins and weigh on earnings.

  Price when this was written: Rs 982.16 · Live price, chart and results

• NRL National Refinery Limited▼ Could be negative

  A drop in petrol prices below crude oil costs could hurt overall refining margins and pressure profitability.

  Price when this was written: Rs 474.45 · Live price, chart and results

• PRL Pakistan Refinery Limited▼ Could be negative

  Negative or squeezed petrol crack spreads relative to crude input costs could weaken PRL's earnings outlook.

  Price when this was written: Rs 85.55 · Live price, chart and results

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ProPakistani: Pakistan's Refineries Hit by a Rare Problem as Petrol Prices Fall