| GEO Business | | Petrol pumps stop buying petroleum products | Updated at: 1158 PST, Wednesday, July 08, 2009
KARACHI: The petrol pumps owners stop buying petroleum products after imposition after Supreme Court’s interim order on Tuesday suspended the imposition of carbon tax on petroleum products.
Industries sources told Geo News petroleum dealers stop buying petroleum products right after the decision and selling present stocks. The oil marketing companies would likely faces huge losses due to immediate drop in petroleum prices, they added.
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