Markets » Energy

Energy

Oil prices fall on demand concerns, strong dollar

BEIJING: Oil prices fell in early trading on Friday on worries about demand growth in 2025, especially in top crude...

Published 20 Dec, 2024 07:49am

Energy

Energy reforms need of the hour: EEPF

KARACHI: The Energy and Economy Parliamentary Forum has convened its third meeting chaired by Dr Nafisa Shah, and co...

Published 20 Dec, 2024 02:43am

Energy

Oil makes gains on falling US crude inventories

NEW YORK: Oil prices rose slightly on Thursday, supported by falling US crude inventories, though gains were limited...

Published 20 Dec, 2024 02:43am

Energy

Gazprom to send 42.4 mcm of gas to Europe via Ukraine on Thursday

MOSCOW: Russian gas producer Gazprom said it would send 42.4 million cubic metres (mcm) of gas to Europe via Ukraine...

Published 19 Dec, 2024 02:02pm

Energy

PACRA upgrades SSGC’s credit ratings

KARACHI: Pakistan Credit Rating Agency (PACRA) has upgraded the credit ratings of Sui Southern Gas Company Limited...

Published 20 Dec, 2024 02:43am

Energy

Gas price hike: Ogra’s move to add to the woes of masses and industries alike: KCCI

KARACHI: Karachi Chamber of Commerce & Industry (KCCI) President Jawed Bilwani while strongly opposing the Oil...

Published 20 Dec, 2024 02:43am

Energy

Kunnar West Well-3: OGDCL announces commencement of production

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production...

Published 20 Dec, 2024 02:43am

Energy

Sinopec forecasts China’s petroleum consumption will peak by 2027

BEIJING: China’s petroleum consumption is expected to peak by 2027 at no more than 800 million metric tons, the...

Published 19 Dec, 2024 12:07pm

Energy

US natgas prices climb on lower output, rising LNG feedgas

NEW YORK: US natural gas futures climbed about 4% to a 13-month high on Thursday on lower output in recent days and...

Published 20 Dec, 2024 02:43am

Energy

OGDCL begins oil & gas production from Hyderabad

Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production (E&P) company,...

Updated 19 Dec, 2024 10:46pm

Energy

Power theft: LESCO recovers over Rs2.4m in a day

LAHORE: In a significant achievement, the Lahore Electric Supply Company (LESCO) has recovered a staggering Rs...

Published 19 Dec, 2024 08:02am

Energy

Production bonus terms: Senate panel dismisses OGDCL’s claims

ISLAMABAD: A parliamentary panel on Thursday dismissed claims made by the Oil and Gas Development Company Limited...

Published 20 Dec, 2024 02:43am

Energy

Miran Block: KPOGCL completes bidding for exploration, production

PESHAWAR: The Khyber Pakhtunkhwa Oil and Gas Company Limited (KPOGCL) has successfully completed the bidding process...

Published 19 Dec, 2024 08:03am

Energy

KE issues schedule for annual transmission network maintenance

KARACHI: K-Electric (KE) has issued a temporary power shutdown schedule for necessary maintenance of its ...

Published 19 Dec, 2024 08:06am

Energy

Oil slips on demand concerns after Fed signals slower rate cuts

Oil prices fell on Thursday after the U.S. Federal Reserve signalled it would slow the pace of interest rate cuts in...

Updated 19 Dec, 2024 06:03pm

Energy

Saudi Arabia crude exports reach four-month high in Oct

Saudi Arabia’s crude oil exports in October rose to their highest level in four months, data from the Joint...

Published 18 Dec, 2024 03:08pm

Energy

Qatar raises Feb al-Shaheen oil term price, sources say

SINGAPORE: QatarEnergy has raised the term price for al-Shaheen crude oil loading in February, setting it at a...

Published 18 Dec, 2024 01:31pm

Energy

Asia fuel oil prices capped in early 2025 but supply risks loom

SINGAPORE: Asia’s fuel oil premiums and refining margins will be capped by ample supply in early 2025, but cleaner...

Published 18 Dec, 2024 12:57pm

Energy

US natgas prices climb

NEW YORK: US natural gas futures climbed about 2% on Wednesday on rising flows to the nation’s liquefied natural...

Published 19 Dec, 2024 05:57am

Energy

Oil prices up after US crude stocks fall

HOUSTON Oil edged up on Wednesday after a drop in US crude inventories, and as investors eyed a potential interest...

Published 19 Dec, 2024 05:57am

Energy

OPEC+ wary of renewed US oil output rise under Trump, sources say

LONDON: OPEC+ is wary of a renewed rise in US oil output when Donald Trump returns to the White House, delegates...

Published 18 Dec, 2024 12:32pm

Energy

Pakistan’s power generation increases in November as cost inches up

Power generation in Pakistan clocked in at 8,032 GWh (11,156 MW) in November 2024, an increase of over 6% YoY...

Updated 18 Dec, 2024 10:56pm

Energy

Nov FCA: 63 paisas per unit negative adjustment sought

ISLAMABAD: The Central Power Purchasing Agency-Guaranteed (CPPA-G) has sought negative adjustment of paisa 63 per...

Published 18 Dec, 2024 08:08am

Energy

Oil steady ahead of US Fed rate decision, 2025 outlook

Oil prices traded in a narrow range on Wednesday as investors stayed cautious ahead of a potential interest rate cut...

Updated 18 Dec, 2024 06:12pm

Energy

KP govt hosts roadshow to showcase energy sector projects

PESHAWAR: The KP government in collaboration with the Sustainable Energy and Economic Development (SEED) programme,...

Published 18 Dec, 2024 06:37am

Energy

OGDC considers disconnecting CPPs next month

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has considered the disconnection of Captive Power Plants...

Published 18 Dec, 2024 06:37am

Energy

Oil prices slide 2pc to one-week low

NEW YORK: Oil prices slid about 2% to a one-week low on Tuesday on demand worries following the release of negative...

Published 18 Dec, 2024 06:37am

Energy

Chevron Australia signs long-term gas supply deal with Alcoa

US oil giant Chevron’s Australian unit said on Tuesday it would supply a total of 130 petajoules of gas to aluminium...

Published 17 Dec, 2024 11:46am

Energy

Abu Dhabi’s ADNOC Gas appoints Fatema Al Nuaimi as new CEO

DUBAI: Abu Dhabi’s ADNOC Gas said on Tuesday that it has appointed Fatema Al Nuaimi as its new chief executive,...

Published 17 Dec, 2024 10:47am

Energy

Oil dips on demand concerns as investors await Fed meeting

LONDON: Oil prices fell on Tuesday as Chinese economic data renewed demand concerns while investors remained...

Updated 17 Dec, 2024 09:12pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 19	278.55
USD PKR Interbank Buying / Dec 19	278.35
USD to Japanese Yen / Dec 19	157.36
USD to Swiss Franc / Dec 19	0.90
Pound Sterling to USD / Dec 19	1.25
Euro to USD / Dec 19	1.04

Stock	Volume
S&P 500 / Dec 19	5,881.33
India Sensex / Dec 19	79,218.05
Tokyo Nikkei / Dec 19	38,813.58
Nasdaq / Dec 19	19,394.44
Hang Seng / Dec 19	19,752.51
FTSE 100 / Dec 19	8,105.32
Dow Jones / Dec 19	42,466.83
Germany DAX 30 / Dec 19	19,969.86

Item	Value
Crude Oil USD/Barrel / Dec 19	69.91
Karachi Cotton PKR/37.32 KG / Dec 19	17,585
Gold 10 Grams PKR / Dec 19	234,311
Gold Spot USD/Ounce / Dec 19	2,615.30
Cotton US¢/pound / Dec 19	67.91
Petrol/Litre / Dec 20	252.10

Gainers
Losers
Leaders

Stock	Price
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.80 ▲ 1.00 (26.32%)
Leather Up Ltd. / Dec 20 Leather Up Limited(LEUL)	32.35 ▲ 2.94 (10.00%)
Liven Pharma / Dec 20 Liven Pharma Limited(LIVEN)	85.06 ▲ 7.73 (10.00%)
Masood Textile / Dec 20 Masood Textile Mills Limited(MSOT)	55 ▲ 5.00 (10.00%)
Premium Textile / Dec 20 Premium Textile Mills Limited(PRET)	385 ▲ 35.00 (10.00%)
Al-Khair Gadoon / Dec 20 Al-Khair Gadoon Limited(AKGL)	50.96 ▲ 4.62 (9.97%)
Chashma / Dec 20 Chashma Sugar Mills Limited(CHAS)	73.94 ▲ 6.60 (9.80%)
Hafiz Ltd. / Dec 20 Hafiz Limited(HAFL)	256 ▲ 22.00 (9.40%)
Mehmood Tex / Dec 20 Mehmood Textile Mills Limited(MEHT)	739.74 ▲ 62.45 (9.22%)

Stock	Price
Frontier Ceram / Dec 20 Frontier Ceramics Limited(FRCL)	29.94 ▼ -3.33 (-10.01%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.20 ▼ -7.21 (-9.96%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.60 ▼ -3.82 (-9.94%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.40 ▼ -1.25 (-9.88%)
Sindh Abadgar / Dec 20 Sindh Abadgar's Sugar Mills Limited(SASML)	36.80 ▼ -3.87 (-9.52%)
Tandlianwala Sugar / Dec 20 Tandlianwala Sugar Mills Limited(TSML)	77 ▼ -8.00 (-9.41%)
Gammon Pak / Dec 20 Gammon Pakistan Limited(GAMON)	48.59 ▼ -4.89 (-9.14%)
Jubilee Spinning / Dec 20 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.02 ▼ -0.98 (-8.91%)
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	42.43 ▼ -4.05 (-8.71%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▼ -0.02
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▼ -0.15
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▼ -0.18
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▼ -0.48
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▼ -0.82
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	37,757,587 ▼ -4.05
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▼ -0.30
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -1.19
Aisha Steel Mill / Dec 20 Aisha Steel Mills Limited(ASL)	28,556,537 ▼ -0.14

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular