articles | 27 July 2022

Oil and gasoline sales decreased in June

A total decrease of 6.8% was recorded in the sale of petroleum products in June, falling to 55,061 tons. Total sales of gasoline for June were down 5.9%, while diesel sales were down 10.4%, according to statistics released by the National Bureau of Statistics on Wednesday.

Large decreases were also observed in asphalt sales, which recorded a 49.8% drop in June, and heavy fuel oil sales, by 10.8%.

However, according to the data, total sales of petroleum products in June increased by 14.5% compared to June 2021, reaching 126,041 tons. This was mainly due to aircraft and marine oil supplies, which increased by 143.1% and 20.4% respectively, as well as sales of kerosene, light fuel oil, and heating oil, with increases of 175.6%, 28.2% and 22%.

Total sales of petroleum products in the month of June 2022 compared to May 2022 increased by 4.2%. Indicatively, oil supplies to airplanes increased by 13.8%, sales of diesel by 1.8% and gasoline by 1.6%. Total oil inventories at the end of June 2022 increased by 1.3% compared to the end of the previous month.

In addition, during the period January – June 2022, total sales of petroleum products increased by 22.4% compared to the corresponding period of the previous year, mainly due to jet fuel which increased by 236.3% during this period.

Source: Knews

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