Petroleum sales drop 16% MoM to 1.26m tons in August
MG News | September 02, 2026 at 10:28 AM GMT+05:00
September 2, 2026 (MLN): Sales volumes of petroleum products by oil marketing companies (OMCs) fell 3% year-on-year to 1.26 million tons in August 2026, from 1.30 million tons in the same month last year, data released by the Oil Companies Advisory Council (OCAC) showed.
On a month-on-month basis, industry sales dropped 16%
compared to 1.51m tons in July 2026.
Motor spirit (MS) sales stood at 0.67m tons in August, down
9% from the previous month and roughly flat year-on-year, as elevated fuel
prices weighed on consumption.
High-speed diesel (HSD) sales declined sharply, falling 32%
month-on-month and 19% year-on-year to 0.42m tons. Furnace oil (FO) sales, by
contrast, surged 429% year-on-year and 26% month-on-month to 0.10m tons, though
from a low base.
On a cumulative basis, industry sales for 2MFY27 rose 10%
year-on-year to 2.77m tons, compared to 2.52m tons in 2MFY26.
Among individual companies, Pakistan State Oil (PSO) posted
total sales of 0.57m tons in August, up 4% year-on-year but down 19%
month-on-month.
Attock Petroleum (APL) recorded sales of 0.12m tons, up 8% year-on-year and down 5% month-on-month. WAFI's sales came in at 0.11m tons, up 1% year-on-year and down 18% month-on-month, while Hascol Petroleum (HASCOL) reported sales of 0.04m tons, down 16% both year-on-year and month-on-month.
OMC sales volume Unit: Mn tons
|
Company |
MS |
HSD |
FO |
Total (Aug'26) |
MoM |
YoY |
|
Industry |
0.67 |
0.42 |
0.1 |
1.26 |
-16% |
-3% |
|
PSO |
0.31 |
0.2 |
0 |
0.57 |
-19% |
4% |
|
APL |
0.05 |
0.03 |
0.03 |
0.12 |
-5% |
8% |
|
WAFI |
0.07 |
0.04 |
- |
0.11 |
-18% |
1% |
|
HASCOL |
0.02 |
0.02 |
0 |
0.04 |
-16% |
-16% |
Source: OCAC
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