Petroleum product consumption in Pakistan has recorded a noticeable increase during the first seven months of the current fiscal year, reflecting stronger fuel demand across the country.
Industry figures show total petroleum sales reached 9.67 million tons from July to January, compared to 9.41 million tons during the same period last year — a 3% year-on-year rise.
January Shows Strong Performance
In January alone, sales stood at 1.52 million tons, marking a 10% increase compared to January of the previous year. On a month-to-month basis, January sales were also around 12% higher than December, when 1.35 million tons were recorded.
Product-Wise Breakdown
During the seven-month period:
- Petrol: 4.50 million tons
- High-Speed Diesel (HSD): 4.24 million tons
- Furnace Oil: 0.26 million tons
Last year, petrol and diesel volumes were lower, while furnace oil usage was significantly higher.
Changing Energy Consumption Pattern
Petrol and diesel sales increased by 3% and 4%, respectively, showing higher transportation and economic activity. However, furnace oil sales dropped sharply by 36%, indicating a shift away from furnace oil in power generation and industrial use.
Economic Signal
Analysts consider fuel consumption trends an important indicator of economic movement. Rising petrol and diesel sales usually suggest:
- Increased travel and transport
- Growth in industrial operations
- Higher logistics and trade activity
