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Daily petrol price fluctuations
EDITORIAL: A financial loss of 35 rupees per litre due to the government’s decision to incorporate pre-Middle East conflict premiums and incidentals into Motor Spirit pricing and an additional 14 rupees per litre from their day recoveries to reduce the petroleum levy would place a burden of 49 rupees per litre on domestic refineries, according to the Chief Executive Officer of Attock Refinery Limited. He lamented the lack of consultation with the industry and warned that the decision could undermine investor and lender confidence at a time when refineries were seeking financing for their proje...
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