Markets » Energy

Energy

OPEC+ production cuts may support oil prices in near term, Goldman Sachs says

Crude production from Iraq, Kazakhstan, and Russia has declined in compliance with OPEC+ production cuts, supporting...

Published 27 Nov, 2024 11:34am

Energy

PPL records significant boost in hydrocarbon production

Pakistan Petroleum Limited (PPL) has registered a notable increase in hydrocarbon production from its wells located...

Updated 27 Nov, 2024 07:44pm

Energy

Oil slips after surprise build in U.S. gasoline stocks

Oil prices edged lower on Wednesday as a large, surprise build in U.S. gasoline stocks outweighed easing supply...

Updated 27 Nov, 2024 09:07pm

Energy

LESCO collects Rs3.536bn from 119,187 defaulters

LAHORE: Lahore Electric Supply Company (LESCO) has recovered more than Rs3.536 billion from 119,187 dead defaulters...

Published 27 Nov, 2024 07:32am

Energy

120MW solar project: KE receives lowest bid from KAPCO

Power utility K-Electric (KE) received the lowest tariff bid from Kot Addu Power Company Limited (KAPCO) for its...

Updated 26 Nov, 2024 07:45pm

Energy

US natgas prices up

NEW YORK: US natural gas futures edged up about 1% to a fresh one-year high on Tuesday on forecasts for colder...

Published 27 Nov, 2024 06:44am

Energy

Oil prices make gains

HOUSTON: Oil prices rose on Tuesday as investors eyed OPEC+ discussions on output and weighed the potential impact ...

Published 27 Nov, 2024 06:44am

Energy

IEA chief Birol sees ‘comfortable’ oil markets, unless geopolitical shock

OSLO: The supply of oil and gas will be plentiful, with oil markets being “comfortable” this year and next unless...

Published 26 Nov, 2024 02:21pm

Energy

Oil falls after Israel agrees to ceasefire deal with Lebanon

HOUSTON: Oil prices slid on Tuesday, giving back early gains in choppy trade after Israel agreed to a ceasefire deal...

Updated 27 Nov, 2024 12:04am

Energy

Fuel shortage looms over Lahore, Islamabad & Pindi

ISLAMABAD: A potential fuel shortage looms over Lahore, Islamabad, and Rawalpindi as restrictions on city access are...

Published 26 Nov, 2024 05:49am

Energy

Punjab, ICT: OCAC seeks facilitation in POL transportation

ISLAMABAD: Oil Companies Advisory Council (OCAC) has requested the Punjab and Federal Capital administrations to...

Published 26 Nov, 2024 06:59am

Energy

Oil falls $2 on possible Mid-East peace deal

HOUSTON: Oil prices fell more $2 on Monday after multiple reports that Israel and Lebanon had agreed to the terms of...

Updated 25 Nov, 2024 09:25pm

Energy

US natural gas prices soar

NEW YORK: US natural gas futures jumped about 9% to a one-year high on Monday on forecasts for colder weather, ...

Published 26 Nov, 2024 05:49am

Energy

Oil prices fall on Israel-Lebanon ceasefire report

HOUSTON: Oil prices fell more $1 on Monday after Axios reported that Israel and Lebanon had agreed to the terms of a...

Published 26 Nov, 2024 05:49am

Energy

Iraq says 15-day halt in Iranian gas cuts 5.5 GW from national grid

BAGHDAD: Iraq’s electricity ministry said on Sunday that Iranian gas supplies had been completely halted for 15...

Published 25 Nov, 2024 06:15am

Energy

Oil prices settle up

NEW YORK: Oil prices climbed about 1% on Friday, settling at a two-week high, as the intensifying war in Ukraine ...

Published 24 Nov, 2024 03:08am

Commodities

Global LNG: Asian spot LNG gains amid colder weather, stronger Europe gas prices

SINGAPORE: Asian spot liquefied natural gas (LNG) prices rose this week to their highest level of the year so far,...

Published 22 Nov, 2024 05:26pm

Energy

Consortium withdraws bid to acquire majority stake in Engro Powergen Qadirpur

A consortium comprising textile companies has withdrawn its public announcement of intention (PAI) to acquire a...

Updated 22 Nov, 2024 11:02pm

Energy

Oil prices climb 1% to two-week high as Ukraine war intensifies

Oil prices climbed about 1% to a two-week high on Friday as the intensifying war in Ukraine this week boosted the...

Updated 23 Nov, 2024 12:35am

Energy

Oil price stability: Putin, Iraqi PM discuss OPEC+ coordination

MOSCOW/DUBAI: Russian President Vladimir Putin held a phone call with Iraqi Prime Minister Mohammed Shia al-Sudani ...

Published 22 Nov, 2024 03:03am

Energy

Oil climbs on supply jitters as Russia-Ukraine war escalates

HOUSTON: Oil climbed more than 1% on Thursday as Russia and Ukraine launched missiles at each other, an escalation ...

Published 22 Nov, 2024 03:03am

Energy

Oil jumps as Russia-Ukraine missile exchange outweighs US crude stocks

LONDON: Oil climbed more than 1% on Thursday after Russia and Ukraine launched missiles at each other, overshadowing...

Updated 21 Nov, 2024 09:18pm

Energy

LESCO detects 598 power pilferers in 24 hours

LAHORE: The Lahore Electric Supply Company (LESCO) has detected a total of 598 connections from pilfering ...

Published 21 Nov, 2024 07:16am

Energy

OPEC Secretary General tells COP29 oil is a gift from God

BAKU: OPEC Secretary General Haitham Al Ghais on Wednesday told the COP29 climate summit in Baku that crude oil and...

Published 20 Nov, 2024 10:02pm

Energy

US natural gas prices climb 4pc

NEW YORK: US natural gas futures climbed about 4% to a five-month high on Wednesday on forecasts for colder weather...

Published 21 Nov, 2024 05:51am

Energy

Oil prices firm

HOUSTON: Oil prices were steady on Wednesday as the escalating war between major oil producer Russia and Ukraine...

Published 21 Nov, 2024 05:51am

Energy

LESCO detects 598 power pilferers in 24 hours

LAHORE: The Lahore Electric Supply Company (LESCO) has detected a total of 598 connections from pilfering ...

Published 21 Nov, 2024 05:51am

Energy

Expanding renewables: Kohat Cement installs 5.34 MW solar power plant

Kohat Cement Company Limited (KOHC) has installed and commissioned a 5.34 MW on-grid solar power plant. The cement...

Updated 20 Nov, 2024 03:31pm

Energy

Iraq’s fuel oil exports head for record year after Oct volumes jump

SINGAPORE: Iraq’s fuel oil exports are on track to hit all-time highs this year after the country ramped up...

Published 20 Nov, 2024 12:23pm

Energy

Oil steady as Ukraine escalation offsets US crude, gasoline stock build

HOUSTON: Oil prices were steady on Wednesday as the escalating war between major oil producer Russia and Ukraine...

Updated 20 Nov, 2024 09:38pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 27	277.03
USD PKR Interbank Buying / Nov 27	277.83
USD to Japanese Yen / Nov 27	151.96
USD to Swiss Franc / Nov 27	0.88
Pound Sterling to USD / Nov 27	1.26
Euro to USD / Nov 27	1.05

Stock	Volume
S&P 500 / Nov 26	6,021.63
Nasdaq / Nov 26	19,175.58
Dow Jones / Nov 26	44,860.31
India Sensex / Nov 27	80,416.35
Tokyo Nikkei / Nov 27	38,134.97
Hang Seng / Nov 27	19,595.16
FTSE 100 / Nov 27	8,261.85
Germany DAX 30 / Nov 27	19,236.54

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 26	17,685
Gold 10 Grams PKR / Nov 26	239,716
Petrol/Litre / Nov 27	248.38
Crude Oil USD/Barrel / Nov 27	69.12
Gold Spot USD/Ounce / Nov 27	2,647.32
Diesel/Litre / Nov 27	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 27 786 Investments Limited(786)	6.48 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 27 Al-Abbas Sugar Mills Limited(AABS)	610.84 ▼ 0.00 (0.00%)
Agro Allianz / Nov 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 27 Ali Asghar Textile Mills Limited(AATM)	68.52 ▼ 0.00 (0.00%)
Allied Bank / Nov 27 Allied Bank Limited(ABL)	125.50 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 27 Abbott Laboratories (Pakistan) Limited(ABOT)	917.87 ▼ 0.00 (0.00%)
Abson Ind. / Nov 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 27 Alfalah Consumer Index ETF.(ACIETF)	11.82 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 27 786 Investments Limited(786)	6.48 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 27 Al-Abbas Sugar Mills Limited(AABS)	610.84 ▲ 0.00 (0.00%)
Agro Allianz / Nov 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 27 Ali Asghar Textile Mills Limited(AATM)	68.52 ▲ 0.00 (0.00%)
Allied Bank / Nov 27 Allied Bank Limited(ABL)	125.50 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 27 Abbott Laboratories (Pakistan) Limited(ABOT)	917.87 ▲ 0.00 (0.00%)
Abson Ind. / Nov 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 27 Alfalah Consumer Index ETF.(ACIETF)	11.82 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 27 K-Electric Limited(KEL)	101,636,133 ▲ 0.00
B.O.Punjab / Nov 27 The Bank of Punjab(BOP)	92,023,190 ▲ 0.00
Hascol Petrol / Nov 27 Hascol Petroleum Limited(HASCOL)	73,320,431 ▲ 0.00
Fauji Foods Ltd / Nov 27 Fauji Foods Limited(FFL)	54,116,789 ▲ 0.00
Sui South Gas / Nov 27 Sui Southern Gas Company Limited(SSGC)	54,088,119 ▲ 0.00
Treet Battery / Nov 27 Treet Battery Limited(TBL)	49,797,748 ▲ 0.00
Pace (Pak) Ltd. / Nov 27 Pace (Pakistan) Limited(PACE)	47,465,434 ▲ 0.00
WorldCall Telecom / Nov 27 Worldcall Telecom Limited(WTL)	44,206,223 ▲ 0.00
Cnergyico PK / Nov 27 Cnergyico PK Limited(CNERGY)	34,058,498 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular