Oil sales rise 3% to 1.28m MTs in Dec
MG News | January 02, 2025 at 10:58 AM GMT+05:00
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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