Pakistan’s oil marketing companies (OMCs) recorded a 10 percent monthly increase in fuel sales in October 2026, recovering from September’s slowdown as total petroleum product sales reached 1.48 million tons.
However, sales remained 1 percent lower than October 2025, as declining petrol and diesel consumption continued to weigh on the industry despite the monthly recovery.
According to data compiled by Arif Habib Limited, total industry sales increased from 1.35 million tons in September to 1.48 million tons in October.
Excluding furnace oil, petroleum product sales increased 10.3 percent month-on-month but remained 5.9 percent lower year-on-year. Higher fuel prices and weaker demand continued to affect petrol and diesel consumption.
Cumulative petroleum product sales during the first four months of FY27 reached 5.59 million tons, up 4 percent from 5.39 million tons in the corresponding period of the previous fiscal year.
Petrol and Diesel Sales Show Mixed Recovery
Petrol sales stood at 640,000 tons in October, down 2 percent compared with both September 2026 and October 2025.
Despite the monthly decline, cumulative petrol sales increased 2 percent year-on-year to 2.69 million tons during the first four months of FY27, compared with 2.63 million tons in the same period last year.
High-speed diesel (HSD) sales recorded a stronger monthly recovery, increasing 26 percent to 660,000 tons from 530,000 tons in September.
However, diesel sales remained 7 percent below October 2025 levels of 710,000 tons. Cumulative HSD sales also declined 4 percent year-on-year to 2.23 million tons during 4MFY27.
Furnace oil recorded the strongest annual growth, with sales surging 243 percent to 90,000 tons in October from 30,000 tons a year earlier. Monthly sales increased 2 percent.
Cumulative furnace oil sales jumped 386 percent to 360,000 tons during the first four months of FY27, compared with just 70,000 tons in the corresponding period last year.
PSO Leads Pakistan’s Fuel Sales Recovery
Pakistan State Oil (PSO) remained the country’s largest oil marketing company, recording sales of 690,000 tons in October, up 9 percent month-on-month and 8 percent year-on-year.
The company’s petrol sales declined 6 percent monthly to 280,000 tons, while diesel sales increased 22 percent to 330,000 tons. Furnace oil sales stood at 10,000 tons.
PSO’s cumulative sales reached 2.60 million tons during 4MFY27, representing 15 percent growth compared with the same period last year.
Attock Petroleum Limited (APL) recorded sales of 120,000 tons in October, up 6 percent month-on-month, while remaining broadly unchanged year-on-year.
Its petrol sales increased 1 percent to 50,000 tons, while diesel sales rose 17 percent to 40,000 tons. Furnace oil sales reached 30,000 tons, up 3 percent from September.
APL’s cumulative sales increased 8 percent year-on-year to 490,000 tons during the first four months of FY27.
Wafi Energy Pakistan Limited (WAFI) posted one of the strongest monthly performances, with sales increasing 22 percent to 130,000 tons in October. Sales were also 11 percent higher than a year earlier.
Petrol sales increased 8 percent month-on-month to 70,000 tons, while diesel sales surged 51 percent to 60,000 tons.
WAFI’s cumulative sales reached 480,000 tons during 4MFY27, up 7 percent year-on-year.
Hascol Petroleum Sales Decline 10% in Four Months
Hascol Petroleum recorded sales of 40,000 tons in October, increasing 5 percent month-on-month but declining 6 percent year-on-year.
Petrol sales rose 14 percent monthly to 20,000 tons, while diesel sales fell 5 percent to the same volume. The company recorded no meaningful furnace oil sales during the month.
Hascol’s cumulative sales declined 10 percent year-on-year to 150,000 tons during the first four months of FY27, compared with 170,000 tons in the corresponding period last year.
Its cumulative petrol sales fell 20 percent year-on-year, although diesel sales increased 11 percent.
