OMC sales rise 7% MoM in June 2026
Oil Marketing Companies (OMC) sales volumes fell 20% YoY in June 2026 to 1.26 million tons MT (MT) , while rising 7% MoM from 1.17MT in May 2026. The yearly decline was primarily driven by higher MS and HSD retail prices, with HSD witnessing a sharper fall, likely due to a resurgence in cross-border smuggling amid elevated domestic prices. According to Arif Habib Limited (AHL) Research, cumulative FY26 OMC sales stood at 16.19MT, broadly flat YoY, as growth recorded during most of the year was offset by weaker demand in the final quarter following the onset of the US-Iran conflict.