Oil Marketing Companies: OMC Dec 2024 sales up 3% YoY and down 19% MoM 1HFY25 sales up 4% YoY – By Topline Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Pakistan's Oil Marketing Companies (OMCs) recorded sales of 1.28mn tons in Dec 2024. This represents a 3% YoY increase, driven by lower petroleum product prices, macroeconomic stabilization, and a decline in smuggling.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Total sales for 1HFY25 totaled at 8mn tons, a 4% YoY rise compared to 7.7mn tons in 1HFY24.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Excluding Furnace Oil (FO) sales in Dec 2024 were 1.2mn tons, reflecting a 7% YoY rise while a 20% MoM decline. For 1HFY25, Ex-FO sales totaled 7.7mn tons, an 8% YoY rise.</span></li></ul><p></p>