Pakistan oil sales drop 14pc in Dec 2022 due to economic slowdown
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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Tag: Oil sales
Pakistan petroleum sales plunge by 23% in 1QFY23
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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Pakistan petroleum sales slump by 24% in 2MFY23
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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Pakistan high petroleum prices massively cut oil sales in July
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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Domestic oil sales grow by 14% in 8MFY22
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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Domestic oil sales surge by 18% in 5MFY22
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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Pakistan’s October oil sales highest after May 2018
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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Pakistan oil sales increase by 26% in September
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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Pakistan oil sales jump up by 26% in August
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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Domestic oil sales surge by 57pc in April
KARACHI: Sales of oil marketing companies (OMCs) recorded 57 percent increase in April 2021 over the same month of the last year. The sales of petroleum products were at 1.67 million tons in April 2021 as compared with 1.07 million in the corresponding month of the last year. Analysts at Topline Securities said that Pak […]
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