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Pakistan’s oil marketing companies (OMCs) reported a rebound in sales during October 2025, driven by higher diesel consumption amid the Kharif crop harvesting season. Total sales reached 1.5 million tons, marking a 9 percent increase from September.
According to research, overall volumes remained unchanged compared to the same month last year. In the first four months of FY26, cumulative sales climbed to 5.4 million tons, up 4 percent from 5.2 million tons during the same period of FY25.
Excluding furnace oil, monthly sales stood at 1.47 million tons, reflecting an 8 percent month-on-month and 2 percent year-on-year rise. Total ex-furnace oil volumes for FY26 so far have reached 5.3 million tons, showing an 8 percent annual growth.
Motor spirit sales, however, declined 2 percent year-on-year and 4 percent from the previous month to 657,000 tons. In contrast, high-speed diesel volumes surged 21 percent month-on-month and 4 percent year-on-year to 714,000 tons.
Furnace oil demand continued to weaken, dropping 52 percent year-on-year. Despite this, monthly volumes more than doubled to 28,000 tons, with PSO, CYNERGY, and Pearl PARCO leading the segment.
Among key players, Pakistan State Oil (PSO) saw a 13 percent month-on-month increase in sales to 643,000 tons, although yearly performance declined 8 percent. PSO’s market share rose to 42.95 percent in October from 41.57 percent in September, supported by stronger diesel sales.
Attock Petroleum sold 124,000 tons, up 7 percent from the previous month and steady year-on-year, maintaining an 8.4 percent market share in petrol and diesel. Wafi Energy reported a 14 percent annual increase in sales to 121,000 tons, while Hascol’s volumes slipped 9 percent to 42,000 tons.
Fuel prices also edged higher in October. Petrol averaged Rs. 265.85 per liter, up Rs. 1.24, while diesel climbed Rs. 4.73 to Rs. 276.11 per liter compared with September.
Topline Research expects oil sales in FY26 to grow between 7 and 10 percent, supported by a rebound in transport and agriculture activity. The government has targeted Rs. 1.47 trillion in Petroleum Development Levy for the fiscal year, collecting Rs. 493 billion, around 34 percent, in the first four months.
