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Petrol strike: How a lot revenue do pumps make on petrol per litre?

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Petrol strike: How much profit do pumps make on petrol per litre?

Particulars of the earnings made by petrol pumps on petroleum merchandise have come to mild in a report by Geo Information.

In line with sources, petrol pumps earn Rs3.91 per litre on petrol and Rs3.30 per litre on diesel.

Sources mentioned that the revenue made by petrol pumps per litre is 2.75% which the Pakistan Petroleum Sellers Affiliation (PPDA) has demanded be elevated to six%.

If this demand is met, the revenue made by pumps on petrol will likely be Rs8.75 per litre and Rs8.5 on diesel.

The sources mentioned that other than petrol and diesel, separate oil advertising firms additionally make a revenue of Rs2.97 per litre.

Panic grips Pakistan as most petrol pumps stay closed

Lengthy queues, brawls and visitors jams have been witnessed at petrol stations throughout Pakistan Thursday morning as a strike introduced by petroleum sellers triggered panic shopping for.

The PPDA had introduced they might go on strike from right now (Thursday) until an indefinite interval to demand a rise within the margin on the sale of petroleum merchandise.

“Petrol pumps across the country will remain closed today,” mentioned the Petroleum Sellers Affiliation secretary. “The government did not accept our demands. Till the government does not increase the dealers’ margin to 6%, we will not negotiate with them,” he added.

He alleged that the federal government had supplied assurances of fulfilling sellers’ calls for however to this point, had not spoken to them.

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