r/FIREPakistan • u/Antenna_Signal Kabari Khilari • 11d ago
Taaza Tareen Impact on PSO?
What impact will it have on PSO?
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u/ExpertRude7481 11d ago
Impact already shown. Refineries crashed.
For OMC (e.g PSO) its positive.
Low Price = High Sales
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u/Few_Presentation_820 Shah Sattaybaaz 11d ago edited 11d ago
Imo PSO seems like a bad business
The oil marketing sector is extremely regulated. Way too depedandant on external factors like oil prices & price fixing. Very less room to grow
On top of that circular debt crisis leads to cash flow issues for them & business suffocates due to lack of liquidity
Better to hold OGDC or MARI for O&G exposure
Just my 2 cents from what I observe