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Deregulating the oil sector — II

The two biggest risks are demand-supply manipulation, creating shortages and manipulate prices. Shortages can be countrywide by importing or procuring less or in inner locations. In OECD countries, there is…

Unjust Fixation Of Petroleum Prices

Unjust fixation of petroleum prices

On February 1, 2016, Pakistanis were expecting a reduction of at least Rs 15 per litre in petrol's price as Arab Light Crude Oil reached a new low in the…