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Queries as oil firms seek higher prices

A car being fueled at a fuel pump.

Oil marketing companies want the Government to protect them by allowing them to sell fuel at high prices despite the crash in crude oil prices in March.

In a letter to the Government sent by the Supply Coordination Committee (SupplyCor), the oil marketers want the regulator, the Energy and Petroleum Regulatory Authority (EPRA), to compute the prices for May and June based on crude oil prices for February and March when prices were higher.

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