ISLAMABAD: Pakistan’s crude oil imports increased by approximately 12% to 2.78 million tonnes during the first quarter of fiscal year 2026–27, according to industry figures reported on October 23.
The reported volume compares with 2.48 million tonnes imported during the corresponding July–September period of the previous financial year.
Crude oil is imported by Pakistani refineries for processing into petroleum products, including petrol, diesel and other fuels used by households, transport operators and businesses.
Changes in crude import volumes can reflect refinery operations, domestic fuel demand, maintenance schedules and the availability of locally produced oil.
The reported increase comes at a time when international petroleum markets remain sensitive to geopolitical developments and supply concerns.
Pakistan relies heavily on imported energy, making changes in global oil prices and shipment volumes important for the country’s external payments.
The figures refer specifically to crude oil rather than all petroleum products imported into Pakistan.
Refined petroleum imports are tracked separately and may follow a different trend depending on domestic refinery output and market demand.
For policymakers and energy companies, the relationship between crude imports, refinery production and fuel consumption remains important when assessing the country’s petroleum supply requirements.