Refinery audit may cut prices by Rs40-50/litre
KARACHI: Petroleum dealers have called for an immediate, transparent and comprehensive forensic audit of the country’s oil refineries, citing a sharp rise in sector profitability and saying that a review of their finances could allow cuts of Rs40-50 per litre in petroleum prices. According to Topline Securities, refinery sector profitability rose to Rs32.2bn in 1QFY27 from Rs1.6bn in 1QFY26 and…
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