Key facts
- Pakistan's major oil refineries reported a 1,860% rise in combined profit for the quarter through September, per the report.
- The report attributed the gain to rising refining margins during global energy disruptions.
- A standfirst on the report said Islamabad introduced a cap on refinery margins as retail prices hit consumers.
Pakistan's major oil refineries reported a combined profit increase of 1,860% for the quarter through September, according to a report dated November 1, 2026. The report attributed the result to rising refining margins during a period of disruption in global energy markets.
The report carried no absolute profit, revenue or margin figures, and did not name the refineries covered by the combined total. A standfirst on the report said Islamabad had introduced a cap on refinery margins as retail prices weighed on consumers; the article text supplied did not set out the terms of that cap or its timing.
Cnergyico Pk's refinery plant in Balochistan province was pictured with the report. The report said the industry faces hurdles ahead without specifying them in the text supplied.