Pakistan’s petroleum product sales saw a significant 15% increase in November FY25

Pakistan’s petroleum product sales saw a significant 15% increase in November FY25, reaching 1.58 million tonnes, a 25-month high compared to 1.37 million tonnes in November 2023.

Petrol sales grew by 17%, while high-speed diesel (HSD) sales rose 21%, driven by strong local demand and a crackdown on smuggled petroleum products.

However, furnace oil (FO) sales declined by 55%, reflecting reduced demand for FO in power generation. Year-on-year (YoY), PSO’s total offtake grew by 12%, with increases in MS and HSD sales, while FO sales dropped sharply. PSO’s market share fell, while Shell and HASCOL recorded growth in their shares.