• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Saturday, March 14, 2026
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

Petroleum dealers demand govt increase margins

March 14, 2026
in Markets
Petroleum dealers demand govt increase margins
Share on FacebookShare on TwitterWhatsapp

KARACHI: Pakistan Petroleum Dealers Association (PPDA) on Friday demanded of the government to increase the dealers’ margin to eight percent, warning that petrol pumps across the country will be shut down from March 27 if their demand is not accepted by March 26.

Addressing a press conference at the Karachi Press Club, PPDA Chairman Abdul Sami Khan, Vice Chairman Tariq Hassan and other representatives said it has become impossible for dealers to continue operating petrol pumps under the existing margin due to rising operational costs.

They said petroleum product prices have witnessed an extraordinary increase of Rs 55 last week and it has not only burdened the public but also created serious financial difficulties for petroleum dealers as now they have to pay more for the purchase or petroleum products. The association criticized the continuous increase in petroleum levy and product prices, calling it unjustified.

The dealers claimed that the price of petroleum products has increased by about Rs55 per litre recently, of which Rs21 per litre was added as petroleum levy, questioning where the remaining amount had gone.

They also accused oil marketing companies of imposing a quota system and capping supplies, alleging that dealers are not being provided petroleum products according to their demand. The association further alleged that some companies were involved in illegal hoarding of fuel.

The representatives said the association has written letters to the President, Prime Minister, Chief of Army Staff and the Petroleum Minister, requesting an inquiry into the matter. They demanded that the investigation should include senior officials as well as representatives of the Pakistan Petroleum Dealers Association.

Tariq Hasan said strict legal action should be taken against those found responsible, adding that if any petroleum dealer is also found involved in irregularities, action should be taken against them as well.

He reiterated that the dealers’ margin should be increased to eight percent, arguing that the cost of investment and operations has risen significantly over the past few years. He said the association has been requesting the petroleum minister for the past two years to revise the margin, but no concrete steps have been taken.

The dealers urged the government to immediately accept their demand, warning that if the petroleum ministry fails to increase the margin to eight percent by March 26, petrol pumps across Pakistan will be closed from March 27, 2026.

Tariq Said as the Eid is scheduled next week, so the dealers have decided to go on strike by March 27, 2026.

Copyright media, 2026

Tags: Abdul Sami Khanfuel hoardingoil marketing companiesPakistanPakistan Petroleum Dealers Associationpetrol pricespetrol pumpsPetroleum dealersPetroleum dealers marginpetroleum levyPetroleum Ministrypetroleum product pricespetroleum sectorPPDATariq Hasan
Share15Tweet10Send
Previous Post

Iran defiant, US vows even heavier bombing

Next Post

https://tribune.com.pk/story/2597396/dr-nabiha-ali-khan-urges-rajab-butt-to-reconsider-divorce-with-eman-fatima

Related Posts

China, Hong Kong stocks drop on Trump’s fresh tariff threats, tech drag
Markets

UAE stocks extend loss as Mid-east conflict lingers

March 13, 2026
Iran’s new supreme leader wounded, likely disfigured, Hegseth says
Markets

Iran’s new supreme leader wounded, likely disfigured, Hegseth says

March 13, 2026
India’s equity benchmarks confirm correction on Iran war, crude prices; technicals weaken
Markets

India’s equity benchmarks confirm correction on Iran war, crude prices; technicals weaken

March 14, 2026
India proposes ‘economic stabilisation fund’ to tackle global headwinds
Markets

India proposes ‘economic stabilisation fund’ to tackle global headwinds

March 13, 2026
India’s forex reserves fall most in over a year on central bank’s rupee defence
Markets

India’s forex reserves fall most in over a year on central bank’s rupee defence

March 13, 2026
China, Hong Kong stocks drop on Trump’s fresh tariff threats, tech drag
Markets

Dubai crypto event cancelled amid Iran conflict

March 14, 2026

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    127 shares
    Share 51 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    55 shares
    Share 22 Tweet 14
  • Capacity utilisation of Pakistan’s cement industry drops to lowest on record

    49 shares
    Share 20 Tweet 12
  • Inflation is down in Europe. But the European Central Bank is in no hurry to make more rate cuts

    49 shares
    Share 20 Tweet 12
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.