Re: Petrol bomb unleashed
Oil prices are dictated by a few factors.
- Quality of oil being imported.
- Refining cost (which is higher for oil with high sulfur content).
- Transport cost.
India’s transport costs are higher than Pakistan, which is why the local price would be higher in India as compared to Pakistan. Secondly, Pakistan gets its oil from friendly countries, specially from Saudi, at a discounted rate. So technically petrol in Pakistan should be cheaper.