Karachi: Pakistan ke petroleum sector ne November 2025 me 10% YoY decline record kiya, jiske baad total industry sales 1.42 million tons par aa gayi. Demand me girawat ki wajah high base effect, kam farm activity, retail fuel prices me izafa aur FO-based power generation me sharp decline bataya ja raha hai.
Motor Spirit (MS) ki sales November me 8.7% YoY kam ho gayi, jabke High-Speed Diesel (HSD) me 13.4% YoY decline record hua. HSD ki girawat ka sabab kam agricultural movement aur cross-border demand me slowdown bataya gaya.
Furnace Oil (FO) sales sabse zyada pressure me rahi, jahan volumes 32% YoY gir gaye, kyun ke power generation sector FO se door hota ja raha hai.
Company-Wise Performance
PSO
Pakistan State Oil ne November me 19.5% YoY decline record kiya. MS sales –19.6% aur HSD –23.5% rahi. FO volumes bhi 30% YoY neeche chale gaye. 5MFY26 me PSO ki total sales 6.6% YoY down rahi hain.
APL
Attock Petroleum ki November sales me 16.9% YoY drop aya. MS –5.5% aur HSD –22.8% gir gaye. FO volumes me 83% YoY ki tezi se girawat report hui.
WEPL (Wafi Energy)
Industry ka only bright spot WEPL raha, jahan November me sales 8% YoY barh gayi. Is growth ko HSD me 24% YoY jump aur “Others” category me strong demand ne support kiya. 5MFY26 me WEPL ki growth 16.6% YoY rahi.
HPL
HPL ne November me 2% YoY growth record ki. HSD me 38.7% YoY izafa dekha gaya, jab ke MS volumes 23% down rahe. MoM basis par HPL ki sales 19.3% gir gayi.
Overall Trend
Industry ke mutabiq November me MoM basis par bhi 5.2% decline record hua, jisse demand slowdown aur seasonal factors clear nazar aate hain.
5MFY26 me total industry sales 0.8% YoY barh kar 6.81mn tons tak pahunchi hain — lekin trend abhi bhi mixed hai.
Experts ka kehna hai ke rising retail prices, slower economic activity aur FO se shift industry ke volumes ko pressure me rakh rahe hain.
