ISLAMABAD: The profit margins of oil marketing companies (OMCs) and petroleum dealers are expected to be increased today as the federal government will announce the new fuel prices today (Sunday) for the next fortnight.
The federal government is expected to slash petrol by Rs36 and high speed diesel (HSD) by Rs19 per litre today due to a recent decline in the international oil prices and appreciation in the value of local currency against US dollar, effective October 16.