Pakistan’s oil marketing companies (OMCs) recorded a strong rebound in January 2026, with total industry sales reaching 1.5 million tons, marking a 10 percent increase year on year and a 12 percent rise compared with December, according to data released by Topline Securities.

The improved monthly performance pushed cumulative OMC sales for the first seven months of FY26 to 9.7 million tons, reflecting a 3 percent increase compared with the same period last year.

Excluding furnace oil, industry sales stood at 1.4 million tons in January, showing growth of 7 percent year on year and 9 percent month on month. On a cumulative basis, ex-furnace oil sales during 7MFY26 reached 9.4 million tons, up 5 percent year on year.

High-speed diesel remained the largest contributor to overall volumes, with January sales of 664,000 tons, up 11 percent year on year and 20 percent from December. Motor spirit sales increased 3 percent year on year to 641,000 tons, while furnace oil volumes jumped to 102,000 tons on a low base.

At the company level, Pakistan State Oil recorded total January sales of 626,000 tons, rising 6 percent year on year and 17 percent month on month. Diesel sales improved, while motor spirit volumes declined slightly.

Also Read: Govt appoints Dr Usman Anwar as new FIA chief

Attock Petroleum posted sales of 134,000 tons, while WAFI Energy Pakistan emerged as a strong performer with a 20 percent year-on-year increase. Hascol Petroleum, however, saw volumes decline on an annual basis.

Analysts said the recovery reflects improving transport activity and higher diesel consumption, while furnace oil demand remains structurally weak.