OMC Sales Reach 25-Month High Amid Strong Diesel Demand

Oil Marketing Companies (OMCs) in Pakistan achieved a milestone in November 2024, recording sales of 1.58 million tons—the highest monthly figure in 25 months. This robust performance marks a 15% year-on-year (YoY) growth, driven by lower petroleum prices, macroeconomic stabilization, and a crackdown on fuel smuggling. The strong demand for diesel, especially during seasonal agricultural …

Govt Considers Adjusting Petroleum Prices from Dec 1

The federal government is considering revising petroleum product prices for the fortnight starting December 1, 2024. This move is linked to rising global oil prices, according to Oil Marketing Companies (OMCs). Petrol prices may increase by Rs3.00 per litre, rising from Rs248.38 to Rs251.38 per litre. High-speed diesel (HSD) prices could also climb by Rs2.87 …

Exit mobile version