Petroleum Archives - CarSpiritPK

Pakistan’s Oil and Gas Reserves to End in 15 Years

September 10, 2023 - by News Desk - Leave a Comment

Since there haven’t been any significant hydrocarbon discoveries in a long time, Pakistan’s oil and gas reserves have decreased by …

Oil Consumption Shrunk to the Lowest Ever Mark

July 13, 2023 - by News Desk - Leave a Comment

With the exception of the COVID year FY20, when the overall amount of oil industry products sold was at about …

As Inflation Bites, Petroleum Sales Fall by Half in April

May 5, 2023 - by News Desk - 2 Comments.

Overall oil sales in Pakistan fell 47% year over year in April to 1.171 million tonnes, while total sales fell 24% to 13.970 million tonnes in the July to April period of FY23.

Demand for Petroleum Products Drops by 16.5%

November 3, 2022 - by UsmanAnsari - Leave a Comment

The overall demand for petroleum products in Pakistan has remained sluggish at 1.66 million tonnes amid an economic slowdown in the month ended October 31, 2022. This is a 16.5% drop when compared to the same period of last year.

Sales of Oil Products Drop to Six-and-a-Half-Year Low

October 4, 2019 - by UsmanAnsari - Leave a Comment

Sales of petroleum products dropped to a six-and-a-half-year low at 4.42 million tons in the quarter ended September 30, 2019, according to a report published in The Express Tribune.