Pakistani stocks close at four-year high as inflation hits 33-month low

[Ali_Syed]

Re: Pakistani stocks close at four-year high as inflation hits 33-month low

@Southie

32 gallons per barrel
Brent 92 $/ barrell
Or $2.9 per gal.
Refined gasoline 3.9/ gal

So mark up 1/2.9*100 = 36%

Brent 70 cents per lit
Petrol sold at 102 cents per lit

Mark up 32/70 = 46% in Pak.

So higher mark up in Pak but not by much

We need to remember we dont buy Brent, we get oil from Gulf at much cheaper rates. At the moment the country is running on oil prices, as the government has failed to diversify and increase the tax collection.