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OMC sales: Recovery remains elusive
Pakistan’s oil marketing sector continues to show signs of weak underlying demand despite a modest increase in cumulative petroleum sales during 4MFY27. Total petroleum sales reached 5.59 million tons in July-October FY27, up 4 percent year-on-year. However, much of this growth came from furnace oil (FO), while demand for petrol and high-speed diesel (HSD) remained subdued. In Oct-26, petroleum sales stood at 1.48 million tons, declining by 1 percent year-on-year but increasing by 10 percent month-on-month. Excluding furnace oil, sales fell by 6 percent year-on-year. The picture is similar for...
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