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Markets

PSO daily sale increases by 122 percent

Published Updated

KARACHI: Average daily sale of Pakistan State Oil Company (PSO) has increased by 122 percent during June 2020.

"As the national oil marketing company, PSO continues to fulfill its obligations by ensuring an uninterrupted supply of petrol and diesel at PSO stations nationwide", a press release issued by the company here on Thursday said.

The Company's daily average sale and market share in both petrol and diesel have increased significantly in June'20 as compared to the last eleven months due to the shift in demand from other companies' outlets.

The current daily average sale of PSO has increased significantly by almost 122 percent in these days of June'20 as compared to last eleven months per day average sales in both products i.e. PMG and HSD. The, average sales of PSO is over 33,800 MT/per day against 15,200 MT/per day last eleven months.

Despite the strain on PSO's supply chain, as a responsible corporate citizen, PSO remains committed to fueling the nation under all circumstances, the press release said.-PR

Copyright Business Recorder, 2020

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