Oil marketers revive push to increase profit margins

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A customer attendant serves a client at Rubis Energy along Koinange Street Nairobi on June 14, 2023. 

Photo credit: File | Nation Media Group

Oil dealers have revived the push for an increase in their profit margins on fuel amid concerns that this will further increase the cost of fuel.

The oil marketing companies say the current fuel pricing formula has not been reviewed for six years during which their costs have skyrocketed, hitting their earnings.

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