Markets » Energy

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

Energy

Oil falls on US fuel stocks build

NEW YORK: Oil prices fell more than 1% on Wednesday as a stronger dollar and large builds in US fuel inventories ...

Published 09 Jan, 2025 06:19am

Energy

Shell warns of weaker fourth quarter LNG, oil trading

LONDON: Shell trimmed its liquefied natural gas production outlook for the fourth quarter on Wednesday and said oil...

Published 08 Jan, 2025 02:30pm

Energy

China may trim fuel oil imports amid 2025 tax hike, sources say

SINGAPORE: China’s fuel oil imports are expected to drop in early 2025 following a hike in the product’s import tax...

Published 08 Jan, 2025 02:20pm

Energy

Oil trims gains on dollar strength, tight supplies provide support

Oil prices trimmed earlier gains on Wednesday as the dollar strengthened but continued to find support from a...

Updated 08 Jan, 2025 07:21pm

Energy

Minister highlights wind, solar energy projects

KARACHI: Sindh’s Minister for Energy, Nasir Hussain Shah has stated that providing affordable green energy in line...

Published 08 Jan, 2025 07:05am

Energy

Global crude exports dip as trade routes reshuffle again

HOUSTON: The volume of global crude exports in 2024 declined 2%, the first fall since the COVID-19 pandemic,...

Published 07 Jan, 2025 01:28pm

Energy

Oil prices rise on demand, possible disruption

HOUSTON: Oil prices gained on Tuesday driven by concerns over tighter supply from Russia and Iran because of Western...

Published 08 Jan, 2025 06:26am

Energy

German greenhouse gas emissions fall 3% in 2024: study

BERLIN: German greenhouse gas emissions fell in 2024 but at a slower rate than previous years due to gaps in green...

Published 07 Jan, 2025 12:32pm

Energy

Exxon sues California AG, environmental groups over attacks on recycling efforts

Exxon Mobil, filed a lawsuit on Monday against California Attorney General Rob Bonta and several environmental...

Published 07 Jan, 2025 08:37am

Energy

Oil prices rise as concerns grow over supply disruptions

Oil prices climbed on Tuesday reversing earlier declines, as fears of tighter Russian and Iranian supply due to...

Updated 07 Jan, 2025 06:02pm

Energy

US natural gas prices jump 9pc as winter storms boost heating demand

NEW YORK: US natural gas futures soared 9% in volatile trade on Monday as winter storms battered the eastern half of...

Published 07 Jan, 2025 05:55am

Energy

Oil prices edge up to 12-week high on US winter storm

NEW YORK: Oil prices edged up to a 12-week high on Monday as a winter storm boosted demand for energy to heat US...

Published 07 Jan, 2025 05:55am

Energy

PPL’s subsidiary receives $6mn settlement from Iraq’s Midland Oil Company

PPL Asia E&P B.V. (PPL Asia), a subsidiary of Pakistan Petroleum Limited (PPL), has received a settlement amount...

Updated 06 Jan, 2025 09:31pm

Energy

Iran lowers January light crude price to Asia

Iran has set the official selling price (OSP) for its light crude oil grade for Asian buyers at $1.35 a barrel above...

Published 06 Jan, 2025 11:01am

Energy

Oil resists dollar pressure to hold at three-month high

LONDON: Oil prices eased on Monday, pressured by a strong dollar, but remained at their highest since mid-October as...

Updated 06 Jan, 2025 03:50pm

Energy

LESCO collects Rs6m from 97 defaulters

LAHORE: Lahore Electric Supply Company (LESCO) has recovered Rs6.005 million from 97 defaulters in all the five...

Published 06 Jan, 2025 05:47am

Energy

Saudi Arabia’s non-oil private sector keeps growing solidly in December, PMI shows

Strong demand drove growth in Saudi Arabia’s non-oil business sector in December, albeit at a slightly slower pace...

Published 05 Jan, 2025 10:21am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 10	278.78
USD PKR Interbank Buying / Jan 10	278.58
USD to Japanese Yen / Jan 10	157.84
USD to Swiss Franc / Jan 10	0.92
Pound Sterling to USD / Jan 10	1.22
Euro to USD / Jan 10	1.02

Stock	Volume
S&P 500 / Jan 10	5,824.15
India Sensex / Jan 10	77,378.91
Tokyo Nikkei / Jan 10	39,100.40
Nasdaq / Jan 10	19,146.19
Hang Seng / Jan 10	19,064.29
FTSE 100 / Jan 10	8,248.49
Dow Jones / Jan 10	41,910.26
Germany DAX 30 / Jan 10	20,214.79

Item	Value
Gold 10 Grams PKR / Jan 9	237,483
Crude Oil USD/Barrel / Jan 10	76.56
Karachi Cotton PKR/37.32 KG / Jan 10	18,785
Gold Spot USD/Ounce / Jan 10	2,716.80
Cotton US¢/pound / Jan 10	67.01
Petrol/Litre / Jan 13	252.66

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 10 Chenab Limited(CHBL)	8.34 ▲ 1.00 (13.62%)
Pak Gen.Ins. / Jan 10 The Pakistan General Insurance Co. Ltd.(PKGI)	8.67 ▲ 0.89 (11.44%)
Tariq Corp.Pref. / Jan 10 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.76 ▲ 0.88 (11.17%)
Ist.Capital Sec / Jan 10 First Capital Securities Corporation(FCSC)	2.22 ▲ 0.22 (11.00%)
Sakrand Sugar / Jan 10 Sakrand Sugar Mills Limited(SKRS)	12.27 ▲ 1.12 (10.04%)
Dadex Eternit / Jan 10 Dadex Eternit Limited(DADX)	70.40 ▲ 6.40 (10.00%)
D.M. Textile / Jan 10 D.M. Textile Mills Limited(DMTX)	70.54 ▲ 6.41 (10.00%)
Khairpur Sug. / Jan 10 Khairpur Sugar Mills Limited(KPUS)	137.50 ▲ 12.50 (10.00%)
Mehmood Tex / Jan 10 Mehmood Textile Mills Limited(MEHT)	658.91 ▲ 59.90 (10.00%)

Stock	Price
First Capital Equities / Jan 10 First Capital Equities Limited(FCEL)	5.52 ▼ -0.67 (-10.82%)
S.G.Power / Jan 10 S.G. Power Limited(SGPL)	8.47 ▼ -1.00 (-10.56%)
JS Mom. Factor ETF / Jan 10 JS Momentum Factor ETF(JSMFETF)	13.42 ▼ -1.58 (-10.53%)
Liven Pharma / Jan 10 Liven Pharma Limited(LIVEN)	144.61 ▼ -16.07 (-10.00%)
Olympia Mills / Jan 10 Olympia Mills Limited(OML)	32.40 ▼ -3.60 (-10.00%)
Suhail Jute / Jan 10 Suhail Jute Mills Limited(SUHJ)	126.67 ▼ -14.07 (-10.00%)
Ali Asghar / Jan 10 Ali Asghar Textile Mills Limited(AATM)	63.85 ▼ -7.09 (-9.99%)
Blue-Ex Ltd / Jan 10 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Aisha Steel(ConPS) / Jan 10 Aisha Steel(ConPS)(ASLPS)	11 ▼ -1.20 (-9.84%)

Stock	Volume
WorldCall Telecom / Jan 10 Worldcall Telecom Limited(WTL)	195,296,323 ▼ -0.06
K-Electric Ltd. / Jan 10 K-Electric Limited(KEL)	48,682,503 ▼ -0.01
Cnergyico PK / Jan 10 Cnergyico PK Limited(CNERGY)	35,460,848 ▲ 0.06
Fauji Foods Ltd / Jan 10 Fauji Foods Limited(FFL)	31,825,296 ▲ 0.77
Pace (Pak) Ltd. / Jan 10 Pace (Pakistan) Limited(PACE)	23,629,459 ▲ 0.34
Pak Elektron / Jan 10 Pak Elektron Limited(PAEL)	23,144,464 ▲ 1.09
Lotte Chemical / Jan 10 Lotte Chemical Pakistan Limited(LOTCHEM)	19,944,268 ▼ -0.24
Air Link Com. / Jan 10 Air Link Communication Limited(AIRLINK)	15,918,682 ▼ -5.65
B.O.Punjab / Jan 10 The Bank of Punjab(BOP)	15,645,082 ▲ 0.01

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular