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Tag: Oil sales

Petrol-02

Pakistan’s March petroleum sales slump 35-month low

April 3, 2023April 3, 2023Faisal Shahnawaz

Pakistan’s petroleum sales have slumped 35-month low in March 2023 owing to slowdown in overall economic activity.

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Petrol-02

Pakistan oil sales drop 14pc in Dec 2022 due to economic slowdown

January 3, 2023January 3, 2023Faisal Shahnawaz

KARACHI: Pakistan domestic oil sales have dropped by 14 per cent in Month on Month (MoM) in December 2022 due to overall slowdown in the economy.

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Petrol-02

Pakistan petroleum sales plunge by 23% in 1QFY23

October 3, 2022October 3, 2022Faisal Shahnawaz

KARACHI: Pakistan sales of petroleum products have plunged by 23 per cent in first quarter (July – September) of the current fiscal year 2022/2023, official data revealed on Monday. The petroleum sales fell to 4.49 million tons during the first quarter of the fiscal year 2022/2023 as compared with 5.86 million tons in the same […]

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petroleum

Pakistan petroleum sales slump by 24% in 2MFY23

September 2, 2022September 2, 2022Hamza Shahnawaz

KARACHI: Petroleum sales in Pakistan registered 24 per cent decline during first two months (July – August) 2022/2023, according to data released by Oil Companies Advisory Council (OCAC). According to details, the sales of all petroleum products fell to 2.96 million tons during first two months of the current fiscal year as compared with 3.90 […]

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petroleum

Pakistan high petroleum prices massively cut oil sales in July

August 2, 2022August 2, 2022Faisal Shahnawaz

KARACHI: A big jump in petroleum prices in Pakistan has reduced the domestic sales of oil for the month of July 2022. According to details released on Tuesday Pakistan oil sales commenced the fiscal year 2022/2023 with a decline of 26 per cent MoM to clock in at 1.44 million tons in July 2022 (lowest […]

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petroleum

Domestic oil sales grow by 14% in 8MFY22

March 3, 2022March 3, 2022Faisal Shahnawaz

KARACHI: The domestic sales of petroleum products has increased by 14 per cent to 14.44 million tons during 8MFY22 – first eight months (July – February) 2021/2022. The total consumption during the same period of the last fiscal year was 12.67 million tons. READ MORE: Domestic oil sales surge by 18% in 5MFY22 Total Petroleum […]

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petroleum

Domestic oil sales surge by 18% in 5MFY22

December 1, 2021December 1, 2021Faisal Shahnawaz

KARACHI: The domestic oil sales have surged by 18 per cent to 9.6 million tons during first five months (July – November) of fiscal year 2021-2022 – 5MFY22 as compared with 8.16 million tons in the corresponding months of the last fiscal year. Analysts at Arif Habib Limited said that double digit growth was witnessed […]

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petroleum

Pakistan’s October oil sales highest after May 2018

November 3, 2021November 3, 2021Faisal Shahnawaz

KARACHI: Pakistan’s domestic oil sales in October 2021 recorded 1.99 million tons, which is the highest since May 2018, analysts at Topline Research said on Tuesday. Pakistan’s oil sales have increased by 17 per cent YoY to 1.99 million tons in October 2021 (and also up 3 per cent MoM), which is the highest monthly […]

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petroleum

Pakistan oil sales increase by 26% in September

October 1, 2021October 1, 2021Hamza Shahnawaz

KARACHI: Pakistan oil sales have increased by 26 percent Year on Year (YoY) to 1.93 million tons in September 2021 as compared with 1.52 tons in the same month of the last year, a report suggested on Friday. The same is likely to remain largely similar on a Month on Month (MoM) basis due to […]

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oil exploration

Pakistan oil sales jump up by 26% in August

September 2, 2021September 2, 2021Faisal Shahnawaz

KARACHI: Pakistan’s domestic oil sales have jumped up by 26 percent to 1.97 million tons, which is the highest since May 2018. Analysts at Topline Securities said that oil sales are also up 1 percent Month on Month (MoM), whereas oil sales during the first two months of the fiscal year 2021/2022 clocked in at […]

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