AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: OMC reported a 10% year-on-year decline in sales volume for November 2025, with totals reaching 1.4 million tons. This downturn affected key products, including Motor Spirit (MS), which saw a 9% year-on-year drop, and Hi-Speed Diesel (HSD), which decreased by 13% over the same period. Furnace Oil (FO) experienced the most significant reduction in sales, plummeting by 32%.
Despite the monthly decline, the cumulative sales volumes for OMC during the first five months of the fiscal year 2026 showed a 1% year-on-year growth, indicating a modest recovery in the broader market.
Pakistan State Oil (PSO), a major player in the market, has seen stabilization in its market share. In November 2025, PSO’s market share climbed to 45%, marking its highest level in nearly a year and an improvement from the previous 41-43% range observed over the past ten months.
The collection from the Petroleum Development Levy (PDL) for the first five months of the fiscal year 2026 is estimated to be approximately Rs642 billion. Analysts believe that with the current elevated levy rates for MS and HSD, the annual revenue target is likely to be met, even with the current sales volumes.