Pakistan’s Oil Market Sees Significant Uptick in April Sales

Karachi: Pakistan’s oil marketing companies (OMCs) reported a notable increase in sales for April 2025, reaching a 13-month high with 1.46 million tons sold, marking a 32% rise compared to the previous year and a 20% increase from the previous month. This surge is attributed to a low-base effect from depressed volumes over the past year, combined with a resurgence in demand following the Ramazan season and reduced cross-border smuggling.

Pakistan State Oil (PSO), one of the leading OMCs, experienced a 12% year-on-year and a 22% month-on-month increase in sales, totaling 624,000 tons for April. This growth suggests that PSO is regaining some of its market share lost earlier in the fiscal year.

Looking ahead, AKD Securities Limited maintains a growth projection of 5% year-on-year for the sector’s sales in the fiscal year 2026. This forecast is supported by lower fuel prices and a recovery in commercial and industrial activities, despite the 6% growth observed during the first ten months of the fiscal year 2025.

The data was sourced from AKD Securities Limited, which analyzed the sector’s performance and provided insights into future trends.

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