Pakistan's OMC sales drop 18% MoM in Feb 2025, see 2% YoY growth

By MG News | March 04, 2025 at 10:01 AM GMT+05:00
March 04, 2025 (MLN): The sales volume of oil marketing companies (OMCs) in Pakistan declined by 18% month-on-month (MoM) in February 2025, reaching a total of 1.14 million tons, while the year-on-year (YoY) increase was marginal at 2%.
For the 8MFY25, OMC sales totaled 10.55m tons, marking a 4% YoY increase.
Product-wise Performance
Motor Spirit (MS) sales stood at 0.56m tons, showing a 2% YoY increase but an 11% MoM decline from January 2025.
High-Speed Diesel (HSD) sales reached 0.43 m tons, declining by 4% YoY and 29% MoM.
Furnace Oil (FO) sales rose significantly by 7% YoY to 0.05m tons, with a 9% MoM drop.
In 8MFY25, MS and HSD grew 4% and 9% YoY, respectively, while FO declined 42% YoY, reinforcing the trend of diminishing furnace oil consumption in the country.
Company-wise Breakdown
Pakistan State Oil (PSO) maintained its market leadership with total sales of 0.47m tons, down 17% YoY and 21% MoM.
MS sales stood at 0.21m tons, reflecting a 13% YoY decline, while HSD sales dropped to 0.18m tons, showing a 24% YoY decrease.
FO sales also witnessed a sharp drop of 79% YoY.
Attock Petroleum Limited (APL) reported total sales of 0.10m tons, reflecting a 10% YoY decline and a 23% MoM drop.
MS sales were recorded at 0.05m tons, down 14% YoY, while HSD sales stood at 0.04m tons, declining 12% YoY. FO sales also decreased by 11% YoY.
Wafi Energy (WAFI) recorded total sales of 0.08m tons, reflecting a 6% YoY decrease and a 17% MoM drop.
MS sales were 0.05m tons, marking a 9% YoY decline, whereas HSD sales stood at 0.03m tons, dropping 18% YoY.
Hascol Petroleum Limited (HASCOL) saw the highest YoY growth of 113%, reaching 0.06m tons.
MS sales increased 43% YoY to 0.02m tons, while HSD sales declined 22% YoY to 0.01m tons. FO sales were recorded at 0.02m tons.
Copyright Mettis Link News
Related News
Name | Price/Vol | %Chg/NChg |
---|---|---|
KSE100 | 127,466.79 127.51M |
1.46% 1839.48 |
ALLSHR | 79,341.28 397.41M |
0.96% 756.57 |
KSE30 | 38,810.19 37.16M |
1.72% 656.40 |
KMI30 | 186,973.53 49.51M |
1.13% 2087.03 |
KMIALLSHR | 54,138.91 212.80M |
0.70% 375.10 |
BKTi | 32,515.84 27.99M |
1.86% 594.16 |
OGTi | 27,845.01 1.96M |
0.26% 71.02 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 107,155.00 | 108,105.00 107,145.00 |
-1080.00 -1.00% |
BRENT CRUDE | 66.49 | 66.63 66.34 |
-0.25 -0.37% |
RICHARDS BAY COAL MONTHLY | 97.00 | 97.00 97.00 |
1.05 1.09% |
ROTTERDAM COAL MONTHLY | 107.65 | 107.65 105.85 |
1.25 1.17% |
USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
CRUDE OIL - WTI | 64.81 | 65.02 64.67 |
-0.30 -0.46% |
SUGAR #11 WORLD | 16.19 | 16.74 16.14 |
-0.52 -3.11% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
Name | Last | Chg/%Chg |
---|
Name | Last | Chg/%Chg |
---|