Petroleum sales surge 5% in March due to Ramazan and Eid

Pakistan’s petroleum consumption witnessed a robust year-on-year growth of 5% in March 2025, with total sales climbing to 1.22 million tons, according to a detailed research report by Arif Habib Ltd (AHL). Authored by equity research analysts Muhammad Iqbal and Menka Kirpalani, the report attributes the surge to a confluence of seasonal demand, price-driven consumption, and tighter control over smuggled petroleum products.

The analysts noted that Ramadan and Eid festivities played a pivotal role in this upswing, as intercity travel and economic activity surged, particularly during the latter half of the month. With March marking both the end of Ramadan and the onset of Eid holidays, road and freight traffic rose significantly, boosting demand for motor spirit (MS) and high-speed diesel (HSD).