OMC sales rise 5% YoY in March due to lower fuel prices

9MFY25 volumes up 4%, driven by recovery in diesel and petrol demand

Pakistan’s Oil Marketing Companies (OMCs) recorded sales of 1.2 million tons in March 2025, up 5% year-on-year and 7% month-on-month. The year-on-year rise was supported by lower petrol and diesel prices, while the monthly increase stemmed from a low base in February.

This took total sales for 9MFY25 to 11.77 million tons, marking a 4% YoY increase. Excluding furnace oil (FO), March volumes rose 5% YoY and 7% MoM to 1.16 million tons. Ex-FO sales for 9MFY25 came in at 11.25 million tons, up 7% YoY.

Product-wise, Motor Spirit (petrol) sales rose 1% YoY and 4% MoM to 577k tons, while High-Speed Diesel (HSD) sales increased 5% YoY and 14% MoM to 487k tons. FO sales jumped 22% YoY and 2% MoM to 54k tons. Meanwhile, HOBC hit an all-time high of 35k tons, aided by discounted pricing and a lower petroleum levy—though the levy was hiked by Rs20/litre from April.

Among companies, PSO led the market with 510k tons sold, up 9% MoM but down 14% YoY. Its overall market share rose to 41.87%. APL recorded 105k tons in sales, up 2% YoY. HASCOL posted a sharp 95% YoY jump to 50k tons, while WAFI clocked in at 88k tons.

So far, the government has collected Rs 817bn (64%) of its Rs 1.28tr petroleum development levy (PDL) target for FY25.

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