ISLAMABAD: Pakistan’s oil import bill showed minimal growth, while petroleum products exports surged during the first eight months of the current fiscal year.

According to data released by the Pakistan Bureau of Statistics on Thursday, the oil import bill experienced an uptick of 1.2 per cent to $10.71 billion in 8MFY25 from $10.58bn in the corresponding period last year.

In stark contrast, exports of petroleum products witnessed a surge of 96 per cent to $358.15 million during 8MFY25 from $183.33m a year ago.

According to the PBS data, higher crude oil imports prompted local refineries to produce more petroleum products than anticipated.

Preliminary estimates suggest that........

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