Karachi, June 3, 2025 — Pakistan’s oil sales experienced a significant boost in May 2025, surging by 10% year-on-year (YoY), according to the latest data released on Tuesday. This upswing reflects a positive shift in fuel consumption, driven by improved economic activity, lower fuel prices, and seasonal factors.
Oil Marketing Companies (OMCs) across the country collectively recorded oil sales of 1.53 million tons in May 2025 — a 10% YoY and 5% month-on-month (MoM) increase. Analysts at Topline Securities attributed the growth in oil demand to a drop in petrol and diesel prices, increased High-Speed Diesel (HSD) usage due to wheat harvesting, a crackdown on smuggling, and gradual economic recovery.
Cumulatively, Pakistan’s oil sales for the first eleven months of FY25 (11MFY25) reached 14.76 million tons, marking a 7% YoY increase from 13.83 million tons in the same period last year.
Excluding Furnace Oil (FO), oil sales in May 2025 totaled 1.45 million tons — up 10% YoY and 6% MoM. Ex-FO sales for 11MFY25 stood at 14.08 million tons, showing a solid 9% YoY rise, highlighting growing demand for mainstream fuels such as Motor Spirit (MS) and HSD.
Product-wise, MS sales rose 15% YoY and 6% MoM to 700,000 tons, while HSD volumes increased 5% YoY and 8% MoM to 672,000 tons in May. FO sales, though only 80,000 tons, saw a 16% YoY rise but declined 5% MoM.
Among individual OMCs, Attock Petroleum Limited (APL) reported oil sales of 137,000 tons, down 2% YoY but up 9% MoM, led by strong growth in HSD. Pakistan State Oil (PSO) posted 642,000 tons in oil sales, down 3% YoY but slightly up 3% MoM, with its overall market share dipping from 42.78% in April to 41.91% in May 2025.
Wafi Energy Pakistan Limited (WAFI) marked a strong recovery with oil sales of 123,000 tons, up 23% both YoY and MoM — a 2.5-year high. Meanwhile, HASCOL’s oil sales rose to 54,000 tons, a 31% YoY and 13% MoM increase — its highest in nearly two years.
The government, meanwhile, has collected Rs1.08 trillion — or 84% — of its Rs1.28 trillion Petroleum Development Levy (PDL) target for FY25, reflecting sustained oil consumption and fiscal inflows.