The Economic Coordination Committee (ECC) has approved an increase in margins for Oil Marketing Companies (OMCs) and petrol dealers, which will result in consumers bearing an additional burden of up to Rs2.56 per litre on petroleum products.
Sources divulged that following the decision on margin increases, a burden of Rs1.28 per litre would be immediately passed on to the public. The OMC margin on petrol will rise by Rs1.22 per litre, while the commission for dealers on diesel will increase by Rs1.34 per litre.
The ECC has approved an increase of 5 to 10 per cent in margins for dealers and OMCs. Half of the increase will take effect immediately, while the remainder is linked to digitalisation.
According to sources, the Petroleum Division has been directed to submit a report on the implementation of digitalisation to the ECC by June 1, 2026.
