By bno – Mumbai Office The sale of total petroleum products in Pakistan for August reached 1.22mn tonnes, marking a 14% year-on-year decline, according to a report by Business Recorder. The decrease is attributed to the availability of smuggled petroleum products from Iran and increased rainfall during the period, the newspaper added. Petrol offtake fell by 7% y/yin August, amounting to 0.62mn tonnes, while high-speed diesel (HSD) dispatches dropped by 17% y/y to 0.46mn tonnes. Furnace oil sales experienced a significant reduction of 45% y/y, falling to 0.06mn tonnes. On a month-on-month basis…