Petroleum sales drop 16% MoM to 1.26m tons in August

News Image

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

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 162,374.88
110.96M
-0.95%
-1549.44
ALLSHR 98,620.11
386.58M
-0.91%
-906.77
KSE30 47,823.16
51.47M
-1.02%
-490.65
KMI30 232,733.99
57.93M
-1.23%
-2903.19
KMIALLSHR 63,955.68
197.75M
-1.12%
-727.41
BKTi 44,724.17
14.61M
-1.01%
-457.04
OGTi 33,033.72
5.00M
-1.08%
-361.88
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 80,945.00 81,450.00
80,440.00
-260.00
-0.32%
BRENT CRUDE 117.38 117.45
112.74
4.21
3.72%
RICHARDS BAY COAL MONTHLY 128.50 0.00
0.00
-1.10
-0.85%
ROTTERDAM COAL MONTHLY 147.10 0.00
0.00
1.10
0.75%
USD RBD PALM OLEIN 1,182.50 1,182.50
1,182.50
0.00
0.00%
CRUDE OIL - WTI 103.44 103.92
98.84
3.97
3.99%
SUGAR #11 WORLD 20.26 20.51
20.02
0.13
0.65%

Chart of the Day


Latest News
October 23, 2026 at 05:11 PM GMT+05:00

Pioneer Cement profit surges 73% to Rs2bn


October 23, 2026 at 05:02 PM GMT+05:00

PSX Closing Bell: The Red Sequel


October 23, 2026 at 04:50 PM GMT+05:00

Gold price in Pakistan falls Rs7,000 per tola



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg