Oil dealers in surprise turn to support price controls

A Total petrol station. FILE PHOTO | NMG

Oil marketers have asked the government to retain price controls on fuel in a surprise move that looks set to delay efforts to open up the industry for competition.

The companies, represented by the Petroleum Institute of East Africa (PIEA), have apparently swapped positions with the government which seven years ago introduced the price caps in an effort to tame exploitation of consumers.

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