Oil Marketing Companies: Mar’25 Volumes surge 7%MoM, up 4%YoY - By Taurus Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Petroleum products off-take for Mar&rsquo;25 stood at approximately 1.22Mn tons, reflecting a monthly growth of 7%. Correspondingly, on a yearly basis, volumes were up 4%YoY.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The MoM increase in volumes was primarily attributed to reduction in POL prices along with controlled smuggling activities.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Specifically, volumes for MS increased 4%MoM and 1%YoY. HSD volumes witnessed a huge 14%MoM and 5%YoY hike. Along with that, FO sales exhibited a positive trend, increasing 2%MoM, and 22%YoY. The increase in FO sales was mainly due to reduction in crude oil prices ...