Weekly oil pricing mechanism to stay

• Oil firms assured of import premium-based pricing to minimise losses ISLAMABAD: The Petroleum Division of the Ministry of Energy on Tuesday assured angered executives of oil-marketing companies (OMCs) and refineries that upcoming price adjustments would be based on actual import premiums, while the weekly pricing mechanism would continue to minimise losses caused by recent policy changes. At a hurriedly called meeting, Petroleum Minister Ali Pervaiz Malik and Secretary Hamed Yaqoob Shaikh ...

By none@none.com (Khaleeq Kiani)