ECC Approves Increase in Oil Marketing Companies’ Profits, Impacting Petrol and Diesel Prices

Islamabad (Qudrat Daily) — The Cabinet’s Economic Coordination Committee (ECC) has approved an increase in profits for oil marketing companies (OMCs) and dealer commissions, a move that will place an additional financial burden on citizens.

The ECC has sanctioned a rise of Rs 2.56 per liter on petrol and diesel, covering both OMC profits and dealer commissions. After final approval from the federal cabinet, half of the increase—Rs 1.28 per liter—will be immediately included in the retail prices of petrol and diesel. The remaining half will be linked to the digitalization of the petroleum sector, with a deadline set for June 2026.

Currently, OMC profits and dealer commissions on petrol stand at Rs 16.51 per liter. With the approved increase, this will rise to Rs 17.79 per liter, including Rs 0.61 for OMC profits and Rs 0.67 for dealer commissions.

Similarly, for diesel, the combined profit and commission will increase from Rs 16.51 to Rs 17.79 per liter, with Rs 0.61 for OMC profits and Rs 0.67 for dealers. The final approval for these adjustments will be granted by the federal cabinet.