Tag: LPG Prices
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Global LPG Prices Have Fallen—Why Are Consumers Still Paying More?
By Mian Adeel Ashraf. Pakistan appears to be operating under a peculiar economic principle. Whenever global crude oil or LPG prices rise, domestic prices increase almost immediately. Distributors and retailers justify these hikes by claiming that future imports will be more expensive, so even existing stock must be sold at higher prices. However, when global…