Karachi: Pakistan State Oil Company Limited (PSO) has officially addressed a recent article published in the electronic media, clarifying its position regarding the claims made in the piece. The article, titled "The Silent Transition in Circular Debt: Fiscal Year Closes, Market Awaits Clarity," was published by Metis Global Link News.

In a formal communication acknowledging the receipt of a letter dated July 03, 2025, PSO stated that it has no knowledge or information concerning the assertions made in the aforementioned article. The company emphasized its commitment to transparency, assuring that any relevant information will be reported in accordance with the Pakistan Stock Exchange (PSX) Regulations.

According to information available from the Pakistan Stock Exchange (PSX), PSO has taken steps to inform the TRE Certificate Holders of the Exchange about its stance on the article. The company reiterated its adherence to regulatory requirements, ensuring that stakeholders are kept informed with accurate and timely disclosures.

Market observers note that the circular debt issue remains a critical topic within the designated market category of energy, with stakeholders closely monitoring developments for potential impacts on the sector. The lack of clarity around the statements in the article has led to increased anticipation among market participants.

PSO's response underscores the company's commitment to addressing misinformation and maintaining regulatory compliance, as it continues to navigate the complexities of the energy market.