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Tag: OMCs

OMC sales
Latest
  • WEB DESK
  • Sep 02, 2025
Pakistan OMCs report 7pc increase in sales in August 2025

This YoY growth in OMC sales was supported by gradual economic recovery and reduced smuggling from Iran, along with decline in petrol prices.

oil sales
Latest
  • Web Desk Karachi
  • Mar 12, 2025
Oil sector urges new petroleum minister to address key industry challenges

The Oil Companies Advisory Council (OCAC), an independent entity that represents refineries, Oil Marketing Companies (OMCs), and a pipeline company, has formally made this request in a letter addressed to the minister.

The federal government reduced the price of petrol by Re1 per litre, effective Saturday, but it comes with a twist!
Latest
  • Web Desk Karachi
  • Mar 10, 2025
OMCs challenge Ogra’s ‘Take or Pay’ policy, citing financial risks, market imbalances

The introduction of the ‘Take or Pay’ mechanism follows repeated complaints from local refineries about excessive fuel imports, which they argued undermine domestic production and result in reduced operational capacity.

Latest
  • Web Desk Karachi
  • Mar 05, 2025
March diesel imports may diminish refinery efficiency and foreign reserves, oil industry warns

Officials from the oil sector indicate that February proved to be a challenging month for refineries regarding product demand and distribution, and the outlook for March remains bleak due to declining prices and anticipated low demand, as oil marketing companies (OMCs) seek to mitigate inventory losses.

petroleum import bill drops
Latest
  • WEB DESK
  • Mar 02, 2024
OMCs grapple with 19% dip in petroleum sales

AHL reveals a significant downturn in the sales performance of oil marketing companies (OMCs) during the month of February 2024.

oil prices
Latest
  • Zafar Ali
  • Oct 15, 2023
Plan afoot to increase profit margin of oil companies, dealers

Sources said that a proposal has been put forth to introduce an additional 88 paisa per liter increase in profits of OMCs and dealers, starting from October 16

Latest

Zelenskiy says Russia preparing to deploy 30,000 N Korean troops in Ukraine war
  • WEB DESK
  • 10 Hours ago
Zelenskiy says Russia preparing to deploy 30,000 N Korean troops in Ukraine war
The Petroleum Division has clarified that the existing prices of petroleum products will remain unchanged on July 26 and 27.
  • WEB DESK
  • 11 Hours ago
Petrol, diesel prices remain unchanged until July 27
Attack on South Waziristan check post foiled, four terrorists killed
  • WEB DESK
  • 11 Hours ago
Attack on South Waziristan check post foiled, four terrorists killed
PTA issues security advisory for WhatsApp users to prevent hacking
  • WEB DESK
  • 11 Hours ago
PTA issues security advisory for WhatsApp users to prevent hacking
Houthis fire on Saudi oil sites; no US strike on Iran for first time in two weeks
  • Reuters
  • Today
Houthis fire on Saudi oil sites; no US strike on Iran for first time in two weeks
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