LOIC to withdraw from diesel sales to earn higher profits
Jun 1st, 2008 | By Admin | Category: Business‘Lanka’ (Sunday) newspaper states Lanka Indian Oil Company (LIOC)is considering to further increase its diesel price with the objective of withdrawing from diesel sales and focus on the more profitable petrol sales. After the government had granted the company permission to fix its prices LOIC has been increasing its diesel price without any control. Since [...]



