Markets » Energy

Energy

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A consortium comprising textile companies has withdrawn its public announcement of intention (PAI) to acquire a...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 06:12pm

Energy

Oil heads for weekly gains as Ukraine war intensifies

Oil prices were set for their biggest weekly rise in almost two months on Friday, gaining 4% as an intensifying war...

Updated 22 Nov, 2024 07:53pm

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

Energy

US natgas prices slid 2pc on mild weather and lower demand

NEW YORK: US natural gas futures slid about 2% on Tuesday on forecasts for mild weather and less heating demand over...

Published 20 Nov, 2024 07:46am

Energy

Oil steadies as Sverdrup field restart counters geopolitical concerns

NEW YORK: Oil prices steadied on Tuesday as Norway’s Johan Sverdrup oilfield restarted production while there were...

Published 20 Nov, 2024 07:49am

Energy

ECC approves power relief package for winter

Consumers to be charged a flat rate of Rs26.07 per unit for electricity usage above benchmark consumption

Updated 19 Nov, 2024 08:45pm

Energy

Bangladesh’s RPGCL seeks LNG cargo for Dec delivery

SINGAPORE: Bangladesh’s Rupantarita Prakritik Gas Co Ltd (RPGCL) is seeking a liquefied natural gas (LNG) cargo for...

Published 19 Nov, 2024 10:36am

Energy

Oil steadies as Sverdrup field restart counters geopolitical concerns

LONDON: Oil prices steadied on Tuesday as the restart of production at Norway’s Johan Sverdrup oilfield offset...

Updated 19 Nov, 2024 08:11pm

Energy

Oct power generation soars 7.2pc to 13,793MW YoY

KARACHI: Power generation increased by 7.2 percent YoY to arrive at 10,262 GWh (13,793 MW) during October 2024,...

Published 19 Nov, 2024 08:24am

Energy

KE removes over 6,000kgs of illegal connections in 3 months

KARACHI: K-Electric, in collaboration with the law-enforcement agencies, acted against electricity theft and...

Published 19 Nov, 2024 07:42am

Energy

Consumers in Pindi enjoying adequate supply of gas: SNGPL

ISLAMABAD: Consumers of Rawalpindi city are enjoying adequate supply of gas. Round the clock (24/7) complaints...

Published 19 Nov, 2024 08:00am

Energy

Pakistan’s power generation increases in October as cost surges

Power generation in Pakistan stood at 10,262 GWh (13,793 MW) in October 2024, an increase of over 7% YoY compared to...

Published 18 Nov, 2024 03:20pm

Energy

China’s Oct refined fuel exports fall to 18-month low

BEIJING: China’s refined fuel exports fell to an 18-month low in October, customs data showed on Monday, as weak...

Published 18 Nov, 2024 02:14pm

Energy

Sinopec, Aramco start building petrochemical complex in China’s Fujian

SINGAPORE: Sinopec Corp said on Monday that the company and Saudi Aramco have started constructing a refinery and...

Published 18 Nov, 2024 11:32am

Energy

US natural gas prices up

NEW YORK: US natural gas futures edged up about 2% on Monday on forecasts for colder weather and more heating demand...

Published 19 Nov, 2024 06:34am

Energy

Oil prices up nearly 3pc

NEW YORK: Oil prices gained about $2 a barrel on Monday after news of halted crude production at Norway’s Johan...

Published 19 Nov, 2024 06:34am

Energy

Oil prices tick higher as Russia-Ukraine tensions escalate

LONDON: Oil prices edged up on Monday after fighting between Russia and Ukraine intensified over the weekend,...

Updated 18 Nov, 2024 04:49pm

Energy

LESCO collects over Rs7m from 301 defaulters in 24 hours

LAHORE: Lahore Electric Supply Company (LESCO) has recovered Rs 7.098 million from 301 dead defaulters in all the...

Published 18 Nov, 2024 02:54am

Energy

HSD, petrol prices unchanged: Govt reduces adjustments in exchange rate, IFEM components

ISLAMABAD: The government has decided against implementing a significant increase in fuel prices as recommended by...

Published 17 Nov, 2024 05:10am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 22	154.78
USD to Swiss Franc / Nov 22	0.89
Pound Sterling to USD / Nov 22	1.26
Euro to USD / Nov 22	1.05

Stock	Volume
S&P 500 / Nov 21	5,948.71
Nasdaq / Nov 21	18,972.42
Dow Jones / Nov 21	43,870.35
India Sensex / Nov 22	78,147.34
Tokyo Nikkei / Nov 22	38,283.85
Hang Seng / Nov 22	19,170.91
FTSE 100 / Nov 22	8,202.46
Germany DAX 30 / Nov 22	19,225.74

Item	Value
Petrol/Litre / Nov 22	248.38
Crude Oil USD/Barrel / Nov 22	70.18
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Gold Spot USD/Ounce / Nov 22	2,691.90
Diesel/Litre / Nov 22	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.15 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▼ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	69.40 ▼ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	115 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▼ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.15 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▲ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	69.40 ▲ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	115 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▲ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 22 Worldcall Telecom Limited(WTL)	95,563,962 ▲ 0.00
Pace (Pak) Ltd. / Nov 22 Pace (Pakistan) Limited(PACE)	51,499,190 ▲ 0.00
Kohinoor Spining / Nov 22 Kohinoor Spinning Mills Limited(KOSM)	48,260,119 ▲ 0.00
K-Electric Ltd. / Nov 22 K-Electric Limited(KEL)	44,585,332 ▲ 0.00
Treet Battery / Nov 22 Treet Battery Limited(TBL)	42,849,466 ▲ 0.00
Waves Home Appliances / Nov 22 Waves Home Appliances Limited(WAVESAPP)	41,650,133 ▲ 0.00
PIA Holding Co.Ltd / Nov 22 PIA Holding Company Limited(PIAHCLA)	33,841,692 ▲ 0.00
Fauji Foods Ltd / Nov 22 Fauji Foods Limited(FFL)	25,303,681 ▲ 0.00
Cnergyico PK / Nov 22 Cnergyico PK Limited(CNERGY)	25,120,112 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

Most Popular