Oil Marketing Companies suffer Rs104bn loss over fuel pricing formula changes by government, OCAC seeks urgent policy review

ISLAMABAD – The Oil Companies Advisory Council (OCAC) has raised serious concerns over what it describes as continued unilateral government interventions in petroleum pricing, warning that recent decisions have inflicted heavy financial losses on the downstream oil sector and could undermine investor confidence. In a statement, the council said abrupt changes in pricing mechanisms over […] The post Oil Marketing Companies suffer Rs104bn loss over fuel pricing formula changes by government, OCAC seeks urgent policy review appeared first on Daily Pakistan English News.