Pakistan’s oil sales drop by 8% year-on-year in August 2023
According to the latest data, Pakistan’s oil sales in August 2023 decreased by 8% compared to the same period last year, reaching 1.40 million tons from 1.52 million tons. The…
Oil marketing companies’ sales surge 39 percent in May 2020
KARACHI: Oil Marketing Companies (OMC) sales during the month of May 2020 witnessed an increase of 39 percent with the major contributor being Furnace oil (FO), numbers issued by Oil…
Petroleum products sales decline 29 percent in July-January of 2018/19
KARACHI: Pakistan’s both black and white oil volumetric sales declined during seven months (July-January 2018-19) with overall sales volumes of oil marketing companies (OMC) clocking-in at 10.70 million tons as…
Petroleum consumption declines 32 percent in October 2018
KARACHI: As per the latest petroleum sales data for the month of October 2018, total petroleum and lubricant sales clocked-in at 1.65 million tons, depicting a decline of 32 percent…
SHC to hear vehicle confiscation case on July 24
KARACHI: An appellate bench of High Court of Sindh (SHC) on Monday adjourned hearing of two identical petitions seeking release of two oil tankers. According to details, Anti- Smuggling Organization…
Pakistan petroleum products sales surge 10 percent in May
KARACHI: Petroleum, oil and lubricants (POL) sales clocked in at 2.43 million tons in May 2017, up by 10 percent on monthly basis. Cumulatively, the sales volume in eleven months…
Appellate Tribunal gives go ahead to PSO for acquiring shares in PRL
KARACHI: The Competition Appellate Tribunal has given a go ahead to Pakistan State Oil’s scheme of acquiring 84 million shares in Pakistan Refinery Limited (PRL), a statement issued by PSO…