AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi: Oil Marketing Companies (OMC) in Pakistan experienced a 5% year-on-year increase in volumes for March 2025, according to the latest report. This growth comes amid a 7% month-on-month rise, with total volumes reaching 1.22 million tons.
During March, sales of Motor Spirit (MS) and High-Speed Diesel (HSD) also grew, marking a 1% and 5% increase year-on-year, respectively. The uptick is largely attributed to increased travel during the Eid holidays, which saw a 4% month-on-month increase in MS and a notable 14% rise in HSD.
Pakistan State Oil (PSO), however, reported a decline in its year-on-year sales, with volumes down by 14% to 510,000 tons. Despite this, PSO’s sales showed an 8% recovery on a sequential basis.
In terms of market share for March 2025, PSO maintained a leading position with 41.9%, followed by Attock Petroleum Limited (APL) at 8.6%, WAFI at 7.2%, and Cnergyico with 4.2%.
AKD Securities Limited, the source of this report, maintains its projection of a 5% year-on-year growth in OMC sector sales for the fiscal year 2026. This forecast is supported by expectations of lower fuel prices and a recovery in commercial and industrial activities. This follows a 3% growth observed during the first nine months of fiscal year 2025.