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Energy

China’s CNOOC brings onstream Suizhong 36-2 oilfield 36-2 block development project

BEIJING: China’s CNOOC Limited said on Monday its Suizhong 36-2 oilfield 36-2 block development project has started...

Published 23 Dec, 2024 11:22am

Energy

Oil prices firm on hopes of US policy support for economic growth

SINGAPORE: Oil prices inched higher on Monday, along with other risk assets, after U.S. data showed cooling...

Published 23 Dec, 2024 08:18am

Energy

Pakistan joins fossil-fuel non-proliferation coalition

ISLAMABAD: Pakistan has joined a coalition of climate-vulnerable countries advocating for a global fossil-fuel...

Published 23 Dec, 2024 06:03am

Energy

No load-shedding in franchise areas: SSGC

KARACHI: At the outset it must be noted that SSGC is continuously experiencing gas shortages due to the yearly...

Published 23 Dec, 2024 06:03am

Energy

LESCO recovers over Rs8m from 446 defaulters

LAHORE: The Lahore Electric Supply Company (LESCO) recovered over Rs 8 million from 446 defaulters in collaboration...

Published 22 Dec, 2024 02:57am

Energy

SSGC’s operation girift: 4,962 illegal connections removed

KARACHI: Sui Southern Gas Company (SSGC) launched its operation girift campaign in 2016, with the objectives to...

Published 21 Dec, 2024 08:26am

Energy

US natural gas prices jump

NEW YORK: US natural gas futures jumped about 5% to a 23-month high on Friday on early forecasts for much colder...

Published 22 Dec, 2024 02:57am

Energy

Ogra notifies RLNG price cut for SNGPL, SSGCL

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Friday notified 2.72 percent and 1.99 percent RLNG price...

Published 21 Dec, 2024 08:37am

Energy

Oil prices steady as markets weigh Fed rate cut expectations, Chinese demand

HOUSTON: Oil prices settled little changed on Friday as markets weighed Chinese demand and interest rate-cut...

Published 22 Dec, 2024 02:57am

Energy

China’s Nov fuel oil imports extend gains to seven-month high

SINGAPORE: China’s fuel oil imports hit their highest in seven months for November, customs data showed on Friday,...

Published 20 Dec, 2024 11:58am

Energy

Oil falls on strong dollar, demand growth worries

HOUSTON: Oil prices eased on Friday due to a strong dollar and worries about demand growth in 2025, especially in...

Updated 20 Dec, 2024 09:45pm

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 23	252.10

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Askari Life Assur. / Dec 23 Askari Life Assurance Company Limited(ALAC)	6.30 ▲ 0.64 (11.31%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Treet Corp / Dec 23 Treet Corporation Limited(TREET)	24.38 ▲ 2.22 (10.02%)
Dawood Hercules / Dec 23 Dawood Hercules Corporation Limited(DAWH)	223.96 ▲ 20.36 (10.00%)
Engro Corp / Dec 23 Engro Corporation Limited(ENGRO)	435.67 ▲ 39.61 (10.00%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	49.95 ▲ 4.54 (10.00%)
Ghandhara Ind. / Dec 23 Ghandhara Industries Limited(GHNI)	577.96 ▲ 52.54 (10.00%)
Leiner Pak Gelat / Dec 23 Leiner Pak Gelatine Limited(LPGL)	119.99 ▲ 10.91 (10.00%)

Stock	Price
First Elite Cap.Mod / Dec 23 First Elite Capital Modaraba(FECM)	6 ▼ -0.85 (-12.41%)
Al-Khair Gadoon / Dec 23 Al-Khair Gadoon Limited(AKGL)	41.71 ▼ -4.63 (-9.99%)
Olympia Mills / Dec 23 Olympia Mills Limited(OML)	34.60 ▼ -3.82 (-9.94%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
Leather Up Ltd. / Dec 23 Leather Up Limited(LEUL)	27.55 ▼ -2.63 (-8.71%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	38.27 ▼ -3.64 (-8.69%)
Quetta Textile / Dec 23 Quetta Textile Mills Limited(QUET)	18 ▼ -1.56 (-7.98%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.61 ▼ -0.78 (-6.85%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.09
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.11
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.15
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▼ -0.35
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	30,423,419 ▲ 0.47
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.02
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	23,717,939 ▲ 2.17
Symmetry Group / Dec 23 Symmetry Group Limited(SYM)	21,897,051 ▲ 0.16
Hub Power Co. / Dec 23 The Hub Power Company Limited(HUBC)	20,727,996 ▲ 1.90

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