Pakistan Petroleum Dealers Association (PPDA) called off their nationwide strike on Thursday after successful negotiations with the federal government over an increase in their profit margin.
Sources privy to the matter said that an increase of Rs0.99 in petroleum dealers margin is expected soon.
On Wednesday, the PPDA had announced to go on a countrywide strike from today (November 25) to register their protest at what they call "low-profit margins."
The association had said they will not hold talks with authorities till their profit margins on the sale of petroleum products are not increased by 6%.