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Tag: import of petroleum products

Business
  • Web Desk Karachi
  • Mar 05, 2025
March diesel imports may diminish refinery efficiency and foreign reserves, oil industry warns

Officials from the oil sector indicate that February proved to be a challenging month for refineries regarding product demand and distribution, and the outlook for March remains bleak due to declining prices and anticipated low demand, as oil marketing companies (OMCs) seek to mitigate inventory losses.

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