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Tag: Oil sales

Petroleum Prices in Pakistan increase decrease

Petroleum Sales Surge in December Amid Anti-Smuggling Drive

January 2, 2025January 2, 2025Shahnawaz Akhter

Karachi, January 2, 2025 – Pakistan’s petroleum sales recorded a notable 3% year-on-year (YoY) increase in December 2024, bolstered by strict measures to curb smuggling from Iran.

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petroleum

Petroleum Sales Surge to 25-Month High in November 2024

December 3, 2024December 3, 2024Shahnawaz Akhter

Karachi, December 3, 2024 – Pakistan’s petroleum sales climbed to a remarkable 25-month high of 1.58 million tons in November 2024, marking a 15% year-on-year (YoY) increase, according to analysts at Arif Habib Limited. This significant growth is attributed to heightened demand driven by curbs on smuggled Iranian petroleum products and a 12-15% YoY reduction […]

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petroleum

Pakistan’s Petroleum Sales Surge by 20% YoY in September 2024

October 1, 2024October 1, 2024Shahnawaz Akhter

Karachi, October 1, 2024 – Pakistan’s petroleum sales witnessed a significant surge of 20% year-on-year (YoY) in September 2024, reaching a total of 1.27 million tons, according to data released by analysts at Arif Habib Limited.

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petroleum

Pakistan Registers 14% Fall in Oil Sales YoY in August 2024

September 3, 2024September 3, 2024Shahnawaz Akhter

Karachi, September 3, 2024 – Pakistan oil sales have recorded a notable decline of 14% year-on-year (YoY) for August 2024, according to an analysis by Topline Securities.

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petroleum

High Petroleum Prices Cut Sales 11% YoY in July 2024

August 2, 2024August 2, 2024Shahnawaz Akhter

Karachi, August 2, 2024 – High petroleum prices have significantly impacted the oil sector, reducing sales by 11% year-on-year (YoY) in July 2024, according to research analysts at Arif Habib Limited. Total petroleum sales for the month stood at 1.20 million tons, reflecting the challenging market conditions.

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petroleum prices in pakistan

Pakistan Records Lowest Annual Petroleum Sales in FY24

July 1, 2024July 1, 2024Shahnawaz Akhter

Karachi, July 1, 2024 – Pakistan has recorded the lowest annual petroleum sales for the fiscal year 2023-24, according to data available since the fiscal year 2005-06.

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Petrol Pumps

Pakistan Witnesses 9% Dip in Petroleum Sales During 11MFY24

June 4, 2024June 4, 2024Shahnawaz Akhter

PkRevenue.com — Pakistan has recorded a 9 percent decline in petroleum sales during the first 11 months (July–May) of the fiscal year 2023-24 compared to the same period in the previous fiscal year.

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Petrol pumps filling

Pakistan’s Petroleum Sales Dip by 11% in 10 months of FY24

May 3, 2024May 3, 2024Faisal Shahnawaz

In a concerning turn of economic events, Pakistan has witnessed an 11 percent year-on-year decrease in petroleum sales in the first ten months of fiscal year 2023-24, according to industry reports.

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petroleum

Pakistan Witnesses 11% Drop in Petroleum Sales in 9MFY24

April 2, 2024April 2, 2024Faisal Shahnawaz

Karachi, April 2, 2024 – Pakistan’s petroleum sector has encountered a significant decline in sales during the first nine months of the fiscal year 2023-24, recording an 11 percent drop compared to the same period last year.

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oil import pakistan

Pakistan’s Petroleum Sales Plummet by 13% in 8MFY24

March 2, 2024March 2, 2024Shahnawaz Akhter

Karachi, March 2, 2024 – Pakistan’s petroleum industry has witnessed a substantial 13% decline in sales during the first eight months (July – February) of fiscal year 2023-24, compared to the same period in the previous fiscal year.

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