- October 2, 2026
- Posted by: Tresmark
- Category:
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Pakistan’s petroleum product sales fell 2% year-on-year to 1.35 million tons in September 2026, mainly due to lower volumes of high-speed diesel (HSD) and motor spirit (MS), according to Topline Securities.
Excluding furnace oil (FO), oil marketing companies’ (OMCs) sales declined 8% YoY to 1.25 million tons during the month.
FO sales surged 601% YoY to 93,000 tons from 13,000 tons a year earlier. HSD sales dropped 11% to 525,000 tons, while MS volumes declined 5% to 652,000 tons. Sales of other petroleum products fell 8% to 76,000 tons.
On a monthly basis, overall petroleum sales increased 7%, supported by a 25% rise in HSD volumes. Topline attributed the increase in diesel demand to seasonal factors. FO sales fell 5%, while MS volumes declined 2%.
During 1QFY27, total OMC sales rose 6% YoY to 4.12 million tons, compared with 3.89 million tons a year earlier, mainly due to a 470% increase in FO sales. Excluding FO, sales remained unchanged at 3.85 million tons.
Among major OMCs, PSO’s September sales increased 12% YoY to 639,000 tons, supported by higher HSD and MS volumes. APL’s sales remained flat at 116,000 tons, while Wafi Energy’s volumes fell 6% to 110,000 tons and Hascol’s sales declined 14% to 37,000 tons.
For 1QFY27, PSO sales rose 18% YoY to 1.91 million tons, APL increased 11% to 364,000 tons, and Wafi Energy grew 6% to 348,000 tons, while Hascol declined 12% to 114,000 tons.
