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Energy

Russia offers to provide LNG, crude oil to Vietnam

HANOI: Russia is willing to help develop Vietnam’s nuclear power sector and provide it with crude oil and LNG, the...

Published 15 Jan, 2025 03:36pm

Energy

IEA says new US sanctions could significantly disrupt Russian supply

LONDON: The latest round of US sanctions against Russian oil announced last Friday could significantly disrupt the...

Published 15 Jan, 2025 03:34pm

Energy

OGDCL begins oil & gas production from Khairpur’s Kharo-1 well

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

Updated 15 Jan, 2025 07:22pm

Energy

Govt cuts tariff on charging stations by 45%: Awais Leghari

Energy minister says decision will pave way for expansion of charging stations, and increase EV adoption in Pakistan

Updated 15 Jan, 2025 10:32pm

Energy

Tanker rates extend rally on sanctions, demand to load Mideast oil

SINGAPORE: Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from...

Published 15 Jan, 2025 12:04pm

Energy

Oil gains capped by uncertainty over sanctions impact

Oil prices crept higher on Wednesday as the market focused on potential supply disruptions from sanctions on Russian...

Updated 15 Jan, 2025 06:16pm

Energy

Russia, Vietnam sign nuclear energy deal

HANOI: Russia and Vietnam signed an agreement on nuclear energy on Tuesday during a visit by Prime Minister Mikhail...

Published 15 Jan, 2025 02:59am

Energy

US natural gas futures slide

NEW YORK: US natural gas futures slid about 3% on Tuesday on forecasts for less cold weather and lower heating ...

Published 15 Jan, 2025 02:59am

Energy

Oil prices slip

NEW YORK: Oil prices slipped on Tuesday from the previous day’s four-month highs but the market remained supported...

Published 15 Jan, 2025 02:59am

Energy

Shell Pakistan changes name to Wafi Energy Pakistan Limited

Shell Pakistan Limited (SHEL) has officially changed its name to ‘Wafi Energy Pakistan Limited’, effective January...

Updated 14 Jan, 2025 11:48pm

Energy

PetroVietnam Gas seeks 4 LNG cargoes for March-May delivery in tender document

SINGAPORE: PetroVietnam Gas has issued a tender seeking four cargoes of liquefied natural gas for delivery between...

Published 14 Jan, 2025 11:57am

Energy

Oil prices hover near 4-month highs as Russia sanctions stay in focus

Oil prices paused their rally on Tuesday, but remained near four-month highs, with the market’s attention focused on...

Updated 14 Jan, 2025 05:06pm

Energy

FESCO to launch ‘CCMS Plus’ to facilitate consumers

FAISALABAD: In line with the vision of the FESCO Board of Directors (BODs), the provision of convenience to ...

Published 14 Jan, 2025 03:12am

Energy

Oil prices climb to 4-month high on expectations

NEW YORK: Oil prices climbed about 2% to a four-month high on Monday on expectations that wider US sanctions on...

Published 14 Jan, 2025 03:12am

Energy

China’s crude oil imports fall in 2024, first time in two decades outside of COVID

China’s crude oil imports fell 1.9% in 2024, data showed on Monday, the first annual decline in two decades outside...

Published 13 Jan, 2025 11:20am

Energy

US natgas prices hold near 2-year high as lower flows to Freeport LNG offset cold weather forecasts

NEW YORK: US natural gas futures held near a two-year high on Monday as forecasts for colder weather and more ...

Published 14 Jan, 2025 03:12am

Energy

Oil jumps on expected hit to China and India’s Russian supplies

LONDON: Oil extended gains for a third session on Monday, with Brent crude rising above $80 a barrel to its highest...

Updated 13 Jan, 2025 05:31pm

Energy

Tougher US sanctions to curb Russian oil supply to China and India

NEW DELHI/SINGAPORE: Chinese and Indian refiners will source more oil from the Middle East, Africa and the Americas,...

Published 12 Jan, 2025 08:41pm

Energy

OGRA begins operation against sale of adulterated LPG in market

ISLAMABAD: Thousands of lives are at risk due to the sale of adulterated Liquefied Petroleum Gas (LPG) in the ...

Published 12 Jan, 2025 02:44am

Energy

US natural gas prices soar to two-year high on colder forecasts

NEW YORK: US natural gas futures soared about 8% to a two-year high on Friday on forecasts for colder weather and...

Published 12 Jan, 2025 02:44am

Energy

Oil prices rally as US hits Russian oil with tougher sanctions

NEW YORK: Oil prices rallied nearly 3% to their highest in three months on Friday as traders braced for supply...

Published 12 Jan, 2025 02:44am

Energy

Oil jumps more than 4% on concern over more sanctions on Russia

Brent crude futures gain $3.50, or 4.6%, to $80.42 a barrel

Updated 10 Jan, 2025 10:06pm

Energy

Captive power plants: No significant progress made in talks with IMF: official

ISLAMABAD: Dr Fakhre Alam Irfan, Secretary of the Power Division, has revealed that no significant progress has been...

Published 10 Jan, 2025 03:51am

Energy

Oil rises as cold snap drives winter fuel demand

HOUSTON: Oil prices gained more than 1% on Thursday as cold weather gripped parts of the US and Europe, driving up...

Published 10 Jan, 2025 03:51am

Energy

Saudi crude oil supply to China set to fall in Feb vs Jan, sources say

SINGAPORE: Saudi Arabia’s crude oil supply to China is set to decline in February from the prior month, trade...

Published 09 Jan, 2025 10:42am

Energy

Oil prices edge higher as markets weigh demand against US inventories

LONDON: Oil prices rose slightly on Thursday as investors factored in firm winter fuel demand expectations despite...

Updated 09 Jan, 2025 06:06pm

Energy

US natgas prices climb on rising demand ahead of storage report

NEW YORK: US natural gas futures climbed about 4% on Wednesday on forecasts for more heating demand this week than...

Published 09 Jan, 2025 07:42am

Energy

MPCL’s name changed to Mari Energies

KARACHI: The name of Mari Petroleum Company Limited (MPCL) has been changed to Mari Energies Limited (MEL) with...

Published 09 Jan, 2025 06:19am

Energy

PRL approves acquisition of loan facility from PSO

KARACHI: The board of directors of Pakistan Refinery Limited (PRL) has approved the acquisition of a loan facility...

Published 09 Jan, 2025 06:19am

Energy

Iran pushes China to let it sell $1.7 billion worth of stranded oil, sources say

LONDON: Iran is pushing to recoup 25 million barrels of oil from China that has been stuck for six years in Chinese...

Published 08 Jan, 2025 02:33pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 15	278.85
USD PKR Interbank Buying / Jan 15	278.70
USD to Japanese Yen / Jan 15	157.36
USD to Swiss Franc / Jan 15	0.91
Pound Sterling to USD / Jan 15	1.22
Euro to USD / Jan 15	1.03

Stock	Volume
S&P 500 / Jan 14	5,842.91
Nasdaq / Jan 14	19,044.39
Dow Jones / Jan 14	42,518.28
India Sensex / Jan 15	76,746.81
Tokyo Nikkei / Jan 15	38,379.49
Hang Seng / Jan 15	19,223.49
FTSE 100 / Jan 15	8,250.76
Germany DAX 30 / Jan 15	20,345.48

Item	Value
Gold 10 Grams PKR / Jan 9	237,483
Karachi Cotton PKR/37.32 KG / Jan 14	18,785
Crude Oil USD/Barrel / Jan 15	77.93
Gold Spot USD/Ounce / Jan 15	2,681.51
Cotton US¢/pound / Jan 15	67.42
Petrol/Litre / Jan 16	252.66

Gainers
Losers
Leaders

Stock	Price
First Elite Cap.Mod / Jan 15 First Elite Capital Modaraba(FECM)	6.67 ▲ 1.00 (17.64%)
Parmount Sp. / Jan 15 Paramount Spinning Mills Limited(PASM)	5 ▲ 0.50 (11.11%)
Service Textile / Jan 15 Service Industries Textiles Limited(SERT)	15.13 ▲ 1.38 (10.04%)
Power Cem(Pref) / Jan 15 Power Cement (Pref)(POWERPS)	12.29 ▲ 1.12 (10.03%)
Gulistan Sp. / Jan 15 Gulistan Spinning Mills Limited(GUSM)	11.65 ▲ 1.06 (10.01%)
Arif Habib Ltd. / Jan 15 Arif Habib Limited(AHL)	60.96 ▲ 5.54 (10.00%)
BF Biosciences / Jan 15 BF Biosciences Limited(BFBIO)	231.30 ▲ 21.03 (10.00%)
Dandot Cement / Jan 15 Dandot Cement Company Limited(DNCC)	14.74 ▲ 1.34 (10.00%)
LSE Financial Serv. / Jan 15 LSE Financial Services Limited(LSEFSL)	17.49 ▲ 1.59 (10.00%)

Stock	Price
Fateh Ind. / Jan 15 Fateh Industries Limited(FIL)	120.60 ▼ -13.34 (-9.96%)
Idrees Tex. / Jan 15 Idrees Textile Mills Limited(IDRT)	13.50 ▼ -1.49 (-9.94%)
Al-Khair Gadoon / Jan 15 Al-Khair Gadoon Limited(AKGL)	34 ▼ -3.39 (-9.07%)
PICIC Ins.Ltd. / Jan 15 PICIC Insurance Limited(PIL)	3.07 ▼ -0.30 (-8.90%)
United Brands / Jan 15 United Brands Limited(UBDL)	21.03 ▼ -2.05 (-8.88%)
Sana Ind / Jan 15 Sana Industries Limited(SNAI)	30.50 ▼ -2.93 (-8.76%)
Universal Ins. / Jan 15 The Universal Insurance Company Limited(UVIC)	9.85 ▼ -0.94 (-8.71%)
Calcorp Ltd / Jan 15 Calcorp Limited(CASH)	29.10 ▼ -2.65 (-8.35%)
Diamond Ind. / Jan 15 Diamond Industries Limited(DIIL)	18.23 ▼ -1.59 (-8.02%)

Stock	Volume
WorldCall Telecom / Jan 15 Worldcall Telecom Limited(WTL)	68,146,464 ▲ 0.02
Pak Refinery / Jan 15 Pakistan Refinery Limited(PRL)	56,632,089 ▲ 1.60
Cnergyico PK / Jan 15 Cnergyico PK Limited(CNERGY)	43,068,457 ▼ -0.16
K-Electric Ltd. / Jan 15 K-Electric Limited(KEL)	33,447,471 ▼ -0.07
TRG Pak Ltd / Jan 15 TRG Pakistan Limited(TRG)	29,612,532 ▲ 2.51
Sui South Gas / Jan 15 Sui Southern Gas Company Limited(SSGC)	26,679,632 ▼ -1.17
Hascol Petrol / Jan 15 Hascol Petroleum Limited(HASCOL)	26,398,810 ▼ -0.28
Telecard Limited / Jan 15 Telecard Limited(TELE)	19,836,175 ▼ -0.31
Fauji Foods Ltd / Jan 15 Fauji Foods Limited(FFL)	17,696,558 ▼ -0.32

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