KARACHI: Total oil sales dipped by one per cent to 16.2 million tonnes in FY26 from 16.3m tonnes in FY25.
However, June recorded a 20pc year-on-year decline to 1.26m tonnes, but was up 7pc month-on-month.
The YoY decrease was seen due to relatively higher prices, while sales recovered in June after fuel costs eased from unprecedented levels, Myesha Sohail of Topline Securities said.
In June, petrol prices increased by 32pc YoY to an average of Rs338 per litre from Rs256 per litre in the same period last year. Similarly, high-speed diesel (HSD) prices averaged Rs346, a 34pc YoY increase from Rs259 per litre.
On MoM basis, petrol and diesel prices in June fell by 16pc and 14pc, respectively.
She said petrol sales dipped 11pc YoY while up 5pc MoM to 649,000 tonnes in June. Total petrol sales during FY26 stood at 7.677 million tonnes, up by 1pc YoY.
HSD sales saw a 20pc YoY fall and 9pc MoM rise to 497,000 tonnes in June. HSD sales in FY26 fell by 1pc to 6.851m tonnes YoY.
Furance oil sales fell 68pc YoY while rose 41pc MoM to 41,000 tonnes, while FY26 sales plunged 26pc to 599,000 tonnes.
Fertiliser
Urea sales in June remained almost flat on YoY basis with 584,000 tonnes, while up by 39pc MoM.
The MoM recovery in June is primarily driven by the peak of the kharif application season, compelling farmers to resume purchases after the temporary pause and delayed buying observed in May.
Total DAP sales in June were likely to be down by 59pc YoY and 23pc MoM to 47,000 tonnes. This takes 1H2026 DAP sales to 484,000 tonnes, up by 6pc YoY.
Published in Dawn, July 3rd, 2026