OMC sales rise 7% MoM in June 2026

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MG News | July 02, 2026 at 10:27 AM GMT+05:00

July 02, 2026 (MLN): Oil Marketing Companies (OMC) sales volumes fell 20% YoY in June 2026 to 1.26 million tons MT (MT) , while rising 7% MoM from 1.17MT in May 2026.

The yearly decline was primarily driven by higher MS and HSD retail prices, with HSD witnessing a sharper fall, likely due to a resurgence in cross-border smuggling amid elevated domestic prices.

According to Arif Habib Limited (AHL) Research, cumulative FY26 OMC sales stood at 16.19MT, broadly flat YoY, as growth recorded during most of the year was offset by weaker demand in the final quarter following the onset of the US-Iran conflict.

Mn Ton

Jun-26

May-26

MoM

Jun-25

YoY

FY26

FY25

YoY

Industry

MS

0.65

0.62

5%

0.73

-11%

7.68

7.60

1%

HSD

0.50

0.45

9%

0.62

-20%

6.85

6.89

-1%

FO

0.04

0.03

41%

0.13

-68%

0.60

0.81

-26%

Total

1.26

1.17

7%

1.57

-20%

16.19

16.32

-1%

Industry-wide, HSD volumes declined 20% YoY while MS fell 11% YoY, reflecting the impact of elevated retail fuel prices on demand.

FO sales dropped sharply by 68% YoY, extending a persistent downtrend in furnace oil consumption.

Mn Ton

Jun-26

May-26

MoM

Jun-25

YoY

FY26

FY25

YoY

PSO

MS

0.25

0.25

2%

0.32

-21%

2.98

3.13

-5%

HSD

0.21

0.21

3%

0.27

-22%

2.98

3.15

-6%

FO

0.00

0.00

-10%

0.01

-83%

0.11

0.11

1%

Total

0.53

0.52

2%

0.66

-20%

6.87

7.19

-4%

 

PSO's total sales declined 20% YoY to 0.53MT in June 2026, broadly in line with the industry trend, with both MS and HSD posting over 20% YoY declines.

On a full-year basis, PSO's FY26 volumes were down 4% YoY.

Mn Ton

Jun-26

May-26

MoM

Jun-25

YoY

FY26

FY25

YoY

APL

MS

0.05

0.05

8%

0.06

-7%

0.62

0.63

-2%

HSD

0.04

0.04

6%

0.05

-16%

0.58

0.61

-5%

FO

0.00

0.00

-6%

0.02

-78%

0.07

0.13

-43%

Total

0.10

0.10

7%

0.13

-21%

1.33

1.43

-7%

 

APL's total volumes fell 21% YoY in June 2026, with FO sales posting the steepest decline of 78% YoY. FY26 volumes for the company remained down 7% YoY.

Mn Ton

Jun-26

May-26

MoM

Jun-25

YoY

FY26

FY25

YoY

WAFI

MS

0.07

0.06

9%

0.07

0%

0.73

0.71

3%

HSD

0.05

0.04

23%

0.05

-5%

0.52

0.42

23%

FO

-

-

nm

-

nm

-

-

nm

Total

0.12

0.10

13%

0.13

-8%

1.32

1.20

10%

WAFI stood out as an exception, with MS sales remaining flat YoY and FY26 total volumes rising 10% YoY, outperforming the broader industry trend of declining sales.

Mn Ton

Jun-26

May-26

MoM

Jun-25

YoY

FY26

FY25

YoY

HASCOL

MS

0.02

0.02

21%

0.03

-9%

0.28

0.31

-10%

HSD

0.02

0.01

41%

0.02

29%

0.21

0.20

5%

FO

-

-

nm

-

nm

0.00

0.02

nm

Total

0.04

0.03

29%

0.04

0%

0.50

0.55

-8%

HASCOL's total sales remained flat YoY in June 2026, with HSD sales rising 29% YoY even as MS sales fell 9% YoY. On a full-year basis, the company's volumes were down 8% YoY.

 

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