OCAC Warns of Potential Industrial Collapse as Furnace Oil Prices Set to Rise by 80%
Jul 3, 2025
The Oil Companies Advisory Council (OCAC) has warned that new petroleum and climate support levies on furnace oil will increase its price by over 80 percent, making its use unviable for key industries, shipping companies, and power producers. OCAC Chairman Adil Khattak, in
