Pakistan, May 4 -- Sale of total petroleum products in Pakistan clocked in at 1.1 million tons in April, a decline of 6% year-on-year as compared to 1.17 million tons in the same period of the previous year, showed data released by brokerage house Topline Securities on Friday.
This is the "lowest after six months," said the brokerage house, which comes on the back of lower petrol and Furnace Oil (FO) sales, according to the data. However, High-Speed Diesel (HSD) sales improved by 2% YoY in April 2024, amounting to 0.469 million tons, revealed Topline data. The sale of MS (petrol) fell 9% YoY, clocking in at 0.53 million tons in April. Meanwhile, volume of FO dipped significantly by 59% YoY, settling at 0.03 million tons in April 2024. "Thi...