KARACHI: In December, oil sales reached 1.28 million tons, down 19% month-over-month and up 3% year-over-year.
Compared to 7.68 million tonnes during the same period previous year, sales increased by 4% to eight million tonnes during 1HFY25.
Sales of petroleum products increased 2 percent to 15.62 million tons in CY24, according to Arif Habib Ltd. (AHL).
In December, gasoline sales decreased 15% month-over-month and 1% year-over-year to 0.57 million tonnes, while they increased 5% to 3.75 million tonnes in 1HFY25.
Sales of high-speed diesel dropped 27% month over month and increased 12% year over year to 0.57 million tons in December.
In December, furnace oil sales increased 12 percent month over month but down 48 percent year over year to 0.04 million tonnes.