Petrol Sales Break All Previous Records

Industries

The petrol sales for the month of July had increased by almost 12.5 percent to a record 0.81 million tons as compared to 0.72 million tons during the same period last year.

This was revealed in a report compiled by Arif Habib Limited (AHL).

“Highest ever MoGas (petrol) sales of 0.81 million tons were recorded during July 2021, up by 12.5% compared to 0.72 million in the same month last year,” Arif Habib Limited (AHL) said in a statement.

The sequential growth was mainly led by a “rebound in overall economic activities” that had resulted in increased transportation activities that are driving the demand for oil products among the masses.

Additionally, the AHL findings and the sale of other petroleum products (including diesel and furnace oil) had risen by 10 percent to 1.94 million tons in July as compared to 1.66 million tons in the same month last year.

For reference, the sale numbers of furnace oil had jumped by 54 percent to 0.37 million tons this July as compared to 0.24 million tons during the same period in 2020.

Diesel sales had made a few waves across the oil and gas playing field as well, surging by seven percent to 0.72 million tons in July as compared to 0.68 million tons last July.

 

Source: Pro Pakistani