Oil sales rise 3% to 1.28m MTs in Dec

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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