US
In case of shortfall, country may have to import large quantities of expensive diesel
Pricey imports of energy products expose millions to back-breaking inflation
Pakistan needs economic reforms, particularly in energy sector, export industries
Govt should send right signals to investors by removing red tape, archaic regulations
Instead of determining prices, govt should concentrate on collecting fuel taxes
Overburdened by policies, oil sector has become unattractive for investment
Jump in trade deficit has weighed heavily on current account, forex reserves and rupee
Refinery margins jump to record highs as demand for fuel rises sharply
Oil firms finding it difficult to import crude oil, petroleum products at high prices
Govt needs to deregulate oil market where refiners, OMCs could compete freely