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

News Image

MG News | March 04, 2025 at 10:01 AM GMT+05:00

0:00

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 138,412.25
167.69M
0.32%
447.43
ALLSHR 85,702.96
423.92M
0.15%
131.52
KSE30 42,254.84
82.09M
0.43%
180.24
KMI30 194,109.59
84.37M
0.15%
281.36
KMIALLSHR 56,713.67
217.03M
0.03%
16.37
BKTi 37,831.34
13.04M
1.62%
603.62
OGTi 27,440.63
3.93M
-0.09%
-23.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,455.00 119,440.00
118,145.00
160.00
0.14%
BRENT CRUDE 72.84 73.17
71.75
0.33
0.46%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 69.58 69.79
68.45
0.37
0.53%
SUGAR #11 WORLD 16.43 16.58
16.37
-0.16
-0.96%

Chart of the Day


Latest News
July 30, 2025 at 05:54 PM GMT+05:00

Pakistan BCI decreased by 1.2 points in July


July 30, 2025 at 05:17 PM GMT+05:00

Pakistan consumer confidence falls to 40.1 points in July


July 30, 2025 at 05:03 PM GMT+05:00

PKR rises by 10 paisa against USD


July 30, 2025 at 04:11 PM GMT+05:00

PSX Closing Bell: You Can’t Always Get What You Want



Top 5 things to watch in this week

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