OMCs sales surge

Published Updated

KARACHI: Pakistan’s Oil Marketing Companies (OMCs) recorded sales of 1.5 million tonnes in July, up 23pc year-on-year and 20pc month-on-month, posting the highest YoY growth in last 15 months.

The YoY increase was mainly attributable to reduced fuel smuggling amidst improved border controls and improving economic activity, Myesha Sohail of Topline Securities said.

Petrol sales increased 19pc YoY to 729,000 tonnes in July, up 19pc YoY and 12pc MoM. High-speed diesel (HSD) sales clocked in at 624,000 tonnes, up by 23pc YoY and 29pc MoM, respectively.

In July, petrol prices increased by 17pc YoY but were down 10pc MoM to an average of Rs315 per litre. Similarly, HSD prices averaged Rs343 per litre, representing a 23pc YoY rise but a 3pc MoM decrease.

She said OMCs sales are likely to grow by 8-10pc in FY27.

Published in Dawn, August 4th, 2026

Editorial

Updated 04 Aug, 2026

Swat bombing

IT is a bitter irony that terrorists struck a protest against violence in Swat on Sunday, causing at least 17...
04 Aug, 2026

Tariff blow

FOR an export sector already squeezed by high production costs, the additional 10pc tariff on top of the existing...
04 Aug, 2026

Perilous peaks

THE deaths of 10 climbers in an avalanche on Broad Peak is a sad reminder of the perils that many mountaineers face...
Updated 03 Aug, 2026

Farewell to arms?

PALESTINIAN resistance group Hamas recently made a major concession by agreeing to give up its weapons. It should be...
03 Aug, 2026

Unplanned future

A PROJECTION that Pakistan’s population could reach 400m by 2040 should not be treated as another dramatic number...
03 Aug, 2026

No more torture

EVEN the best laws on the books are worth little unless the state shows the willingness to enforce them. This is...