Business
Dealers’ margin on petrol, diesel rises 14pc
The dealers’ margin on petrol and diesel has been increased by 14 per cent with immediate effect and Rs1.34 per litre allowed for the dealers of both petroleum products.
The dealers’ profit has gone up from Rs8.64 to Rs9.98 per litre following the hike.
The rise in the dealers’ margin is effective from immediately.
The government had raised the price of fuel by Rs3.81 a litre the previous nite, bringing its new price to Rs341.59 a litre.
Likewise, the price of high-speed diesel was increased by Rs3.59 per litre, with the new price set at Rs368.29 per litre.