Oil sales rise 3% to 1.28m MTs in Dec

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MG News | January 02, 2025 at 10:58 AM GMT+05:00

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January 02, 2025 (MLN): The sales of oil marketing companies (OMCs) increased by 3.2% to 1.28 million Metric Tons (MTs) in December 2024 compared to 1.24m MTs in December 2023, data released by Oil Companies Advisory Council (OCAC) showed.

On the other hand, on a month-on-month basis, oil sales fell 19.1% compared to the sale of 1.58m MTs in November 2024.

Cumulatively in the ongoing fiscal year (6MFY25), sales stood at 8.03m MTs, up 4.5% against the sales of 7.68m MTs in the same period of last year.

Product-Wise

Product-wise, the sales of High-Speed Diesel (HSD) jumped by 11.9% YoY to stand at 0.57m MTs, respectively.

Meanwhile, the sale of Motor Spirit (MS), Furnace Oil (FO) decreased by 1%, 47.6% YoY and stood at 0.57m, 41,486 MTs.

On a month-on-month basis, the sales of FO have increased by 11.9% respectively.

Units Dec-24 Dec-23 YoY % Nov-24 MoM % 6MFY25 6MFY24 Cumulative %
Total 1,275,330 1,235,555 3.2% 1,576,202 -19.1% 8,028,952 7,684,972 4.5%
MS 565,885 571,723 -1.0% 666,080 -15.0% 3,750,436 3,567,846 5.1%
HOBC(95/97 RON) 24,826 7,043 252.5% 19,693 26.1% 100,582 46,005 118.6%
KERO 6,038 3,627 66.5% 4,945 22.1% 33,654 26,766 25.7%
JP-1 62,833 60,005 4.7% 58,690 7.1% 325,327 315,272 3.2%
JP-8 0 0 - 896 -100.0% 1,643 0 -
HSD 573,211 512,154 11.9% 788,157 -27.3% 3,462,580 3,158,643 9.6%
LDO 1,051 1,764 -40.4% 661 59.1% 7,644 8,850 -13.6%
FO 41,486 79,240 -47.6% 37,081 11.9% 347,086 561,591 -38.2%

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