OMCs Record 1.57M Tons Sales in June 2025

Islamabad, July 02, 2025, 08:36 PM PKT — Oil marketing companies (OMCs) in Pakistan have reported a robust sales volume of 1.57 million tons in June 2025, a staggering 8% year-on-year surge and 2% rise from May, per industry data compiled by Topline Research, fueled by gradual economic recovery and reduced smuggling from Iran amid regional tensions. Cumulative FY25 sales hit 16.32 million tons, a 7% increase over 15.28 million tons in FY24, with non-furnace oil (FO) sales at 1.44 million tons in June, up 7% year-on-year but down 1% month-on-month, and 15.05 million tons for FY25, a 9% rise.

Product-wise, motor spirit (MS) sales soared to 732,000 tons—a near three-year high since May 2022—with 5% growth both year-on-year and month-on-month. High-speed diesel (HSD) sales climbed 9% year-on-year to 618,000 tons but dropped 8% from May, a seasonal dip post-harvest. Furnace oil (FO) sales exploded 22% year-on-year and 62% month-on-month to 129,000 tons—the highest in 17 months—led by CYNERGY and Pearl PARCO, driven by pre-buying before the Petroleum Development Levy (PDL) on FO kicks in July 1, 2025.

Among listed firms, Attock Petroleum Limited (APL) logged 132,000 tons, up 2% year-on-year but down 4% month-on-month, with HSD sales dropping 20%, and market shares of 7.85% (MS) and 8.31% (HSD) slipping. Pakistan State Oil (PSO), the market leader, reported 661,000 tons, up 2% year-on-year and 3% month-on-month, boosting its overall share to 42.2% from 41.91%, with MS share up 287 basis points to 43.3% but HSD share down 29 basis points to 43.9%. Wafi Energy Pakistan Limited (WAFI) hit 127,000 tons, a 19% year-on-year and 3% month-on-month rise—its highest in 32 months—while Hascol Petroleum Limited (HASCOL) sold 43,000 tons, up 15% year-on-year but down 19% from May.

Analysts forecast FY26 oil sales growth of 7-10%, banking on economic recovery and normalized fuel demand. Web context reveals historical sales volatility (e.g., 27% FY23 decline), while posts found on X show optimism—some cheer growth, others question sustainability. Critically, the narrative of “economic recovery” may mask fragile gains—web data points to import dependency, and X sentiment suggests distrust in long-term stability, hinting at underlying risks.