Analysis: Pakistan Refineries GRMs improved in 1QFY11-12

Analysis: Pakistan Refineries GRMs improved in 1QFY11-12

Gross Refinery Margins (GRMs) for local refineries improved by 11 percent quarter on quarter (QoQ) at $3 per barrel in the first quarter of the financial year 2011-2012 (1QFY11-12) as compared to $2.7 per barrel reported in the previous quarter.

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