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Americas Energy

Oil markets fret over supply shock as some buyers shun Russia

LONDON: While the West debates potential restrictions on Russian oil and gas, there are signs some buyers are...

Published 08 Mar, 2022 07:35pm

Energy

Iran's fuel reaches Venezuelan stations, fifth tanker headed to Caribbean

 As authorities in the country - which had enjoyed the world's cheapest gasoline for two decades - prepare to expand

Updated 09 Nov, 2021 12:38pm

Energy

Oil surges 5pc on US-China trade optimism, falling crude output

 US/Canadian oil &amp; gas rig count falls to record low 
 WTI posts record monthly gain of 88% 
 Brent up 40%

Published 29 May, 2020 08:00pm

Energy

Oil marketing firm Eighty-Eight oil declares force majeure

 The company declared force majeure after producers selling oil to them shut production, causing Eighty-Eight to be

Published 29 May, 2020 06:43pm

Energy

US/Canadian oil & gas rig count falls to record low

 The Canadian rig count fell by one to an all-time low of 20 this week, according to Baker Hughes. 
 That was 65

Published 29 May, 2020 06:05pm

Energy

US natural gas futures fall 3pc on big storage build, lower demand

 The US Energy Information Administration (EIA) said utilities injected 109 billion cubic feet (bcf) of gas into sto

Published 28 May, 2020 08:29pm

Energy

Fed's Kaplan sees global oil glut lasting well into 2021

 We think it will take probably until sometime in the second half of 2021, depending on economic growth, to work off

Published 28 May, 2020 08:00pm

Energy

Oil rises as higher US refinery rates offsets surprise crude build

 US crude stocks up 7.9 mln bbls, vs 1.9 mln-bbl draw forecast 
 US refinery runs rise, gasoline stocks unexpecte

Published 28 May, 2020 07:50pm

Energy

US natgas futures little changed ahead of weekly storage report

 Refinitiv slightly reduced its demand projections for the next two weeks, including exports, to 78.4 bcfd from 78.5

Published 28 May, 2020 03:05pm

Energy

US natgas futures edge up on higher cooling demand, slowing output

Analysts said they expect LNG buyers will cancel dozens of additional cargoes over the summer since US gas forwards

Published 22 May, 2020 07:00pm

Energy

US natgas futures little changed as falling output offset demand decline

Analysts expect those buyers will cancel dozens of additional cargoes over the summer since US gas forwards are tra

Published 22 May, 2020 03:35pm

Energy

US energy regulators authorize AGDC's proposed Alaska LNG project

"Today's federal authorization is a key step in determining if Alaska LNG is competitive and economically beneficia

Published 21 May, 2020 06:58pm

Energy

US natgas futures slip on weaker demand and export forecasts

The US Energy Information Administration (EIA) said utilities injected 81 billion cubic feet (bcf) of gas into stor

Published 21 May, 2020 02:56pm

Energy

US Cash Products-Chicago gasoline rises on refiner demand

Chicago CBOB gasoline gained 1.5 cents, trading 7.5 cents per gallon below gasoline futures on the New York Mercant

Published 20 May, 2020 09:28pm

Energy

US natgas futures slip 3pc as demand and exports decline

Front-month gas futures for June delivery on the New York Mercantile Exchange fell 5.9 cents, or 3.2%, to settle at

Published 20 May, 2020 08:43pm

Energy

Oil gains, stocks rally on renewed recovery hopes

Nasdaq 5% from all-time high as Amazon, Facebook hit records Recovery hopes drive higher prices in oil, equity

Published 20 May, 2020 08:26pm

Energy

Oil rises on lower US stocks, firmer demand

Brent crude futures were up 63 cents, or 1.8%, at $35.28 per barrel at 1:20 p.m. ET (1720 GMT) while July US crude

Published 20 May, 2020 07:32pm

Energy

Trump administration abruptly postpones New Mexico oil and gas auction

The parcels that were scheduled for sale are in New Mexico's southeast corner, overlaying part of the sprawling Per

Published 20 May, 2020 06:54pm

Energy

Argentina sets local crude oil price at $45 per barrel to shield domestic sector

Argentina was planning to set a higher local oil barrel price after oil demand collapsed around the world due to th

Published 19 May, 2020 01:10pm

Energy

PBF sees slow refining rebound as US gasoline demand creeps higher

The gasoline crack spread, which drifted negative in March as the coronavirus pandemic sharply cut air and road tra

Published 15 May, 2020 05:12pm

Energy

Brazil's Petrobras sees no need to reduce oil production, cites resilient overseas demand

On the same call, Downstream Chief Anelise Lara credited the firm's strong relationship with independent refineries

Published 15 May, 2020 04:13pm

Energy

Chevron says profits jump on asset sales, cuts 2020 spending plans again

Oil companies are cutting output and spending while people globally shelter at home for an indefinite period and oi

Published 01 May, 2020 12:30pm

Energy

Exxon posts quarterly loss on $3bn writedown

Oil giants have largely reported losses because of weaker margins and writedowns from an oil glut that has has sent

Published 01 May, 2020 12:28pm

Energy

US crude stocks up less than expected, gasoline inventories fall

Crude stocks at the Cushing, Oklahoma, delivery hub rose by 3.6 million barrels in the last week, EIA said. US

Published 29 Apr, 2020 03:47pm

Energy

US oil futures end in positive territory at $10.01/barrel

But WTI futures for delivery in June plunged 43 percent to $11.57 a barrel, the lowest ever since the contract was

Published 21 Apr, 2020 10:29pm

Energy

US crude oil prices at 19-year lows

Trump unveils plans to end coronavirus shutdown US drillers slash most oil rigs since Feb 2015 -Baker Hughes

Published 17 Apr, 2020 08:03pm

Energy

Mexico says US to help it make oil cuts aimed at global reduction

Lopez Obrador said Mexico, which is an OPEC ally, had been pressed to make cuts of 400,000 barrels per day (bpd), b

Published 10 Apr, 2020 08:40pm

Energy

US natgas futures rise to 4-week high on cool forecasts and slowing output

Front-month gas futures for May delivery on the New York Mercantile Exchange rose 3.7 cents, or 2.0pc, to $1.889 pe

Published 08 Apr, 2020 04:51pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	157.10
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.25
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 23	5,974.07
India Sensex / Dec 23	78,540.17
Tokyo Nikkei / Dec 23	39,055.35
Nasdaq / Dec 23	19,764.89
Hang Seng / Dec 23	20,105.38
FTSE 100 / Dec 23	8,102.72
Dow Jones / Dec 23	42,906.95
Germany DAX 30 / Dec 23	19,848.77

Item	Value
Crude Oil USD/Barrel / Dec 23	69.60
Karachi Cotton PKR/37.32 KG / Dec 23	17,785
Gold 10 Grams PKR / Dec 23	241,087.80
Gold Spot USD/Ounce / Dec 23	2,617.29
Cotton US¢/pound / Dec 23	69.11
Petrol/Litre / Dec 24	252.10

Gainers
Losers
Leaders

Stock	Price
Mandviwala / Dec 24 Mandviwala Mauser Plastic Industries(MWMP)	16.59 ▲ 1.51 (10.01%)
Liven Pharma / Dec 24 Liven Pharma Limited(LIVEN)	102.93 ▲ 9.36 (10.00%)
MithchellsFruit / Dec 24 Mitchells Fruit Farms Limited(MFFL)	248.61 ▲ 22.60 (10.00%)
Pak Datacom / Dec 24 Pak Datacom Limited(PAKD)	152.17 ▲ 13.83 (10.00%)
Pak Paper Prod / Dec 24 Pakistan Paper Products Limited(PPP)	102.38 ▲ 9.31 (10.00%)
Rupali polyester / Dec 24 Rupali Polyester Limited(RUPL)	24.31 ▲ 2.21 (10.00%)
Al-Khair Gadoon / Dec 24 Al-Khair Gadoon Limited(AKGL)	50.96 ▲ 4.62 (9.97%)
Maqbool Tex. / Dec 24 Maqbool Textile Mills Limited(MQTM)	34.15 ▲ 3.09 (9.95%)
Suhail Jute / Dec 24 Suhail Jute Mills Limited(SUHJ)	90 ▲ 8.14 (9.94%)

Stock	Price
Dewan Textile / Dec 24 Dewan Textile Mills Limited(DWTM)	6.31 ▼ -0.80 (-11.25%)
First Elite Cap.Mod / Dec 24 First Elite Capital Modaraba(FECM)	6.12 ▼ -0.72 (-10.53%)
Aisha Steel(ConPS) / Dec 24 Aisha Steel(ConPS)(ASLPS)	11.60 ▼ -1.29 (-10.01%)
Olympia Mills / Dec 24 Olympia Mills Limited(OML)	36 ▼ -4.00 (-10.00%)
Arctic Textile / Dec 24 Arctic Textile Mills Limited(ARCTM)	21.62 ▼ -2.40 (-9.99%)
J.A.Textile / Dec 24 J.A. Textile Mills Limited(JATM)	33.95 ▼ -3.77 (-9.99%)
Leather Up Ltd. / Dec 24 Leather Up Limited(LEUL)	25.41 ▼ -2.82 (-9.99%)
Crescent Fib. / Dec 24 Crescent Fibres Limited(CFL)	39.60 ▼ -4.37 (-9.94%)
Asia Ins. / Dec 24 Asia Insurance Company Limited(ASIC)	12.65 ▼ -1.34 (-9.58%)

Stock	Volume
WorldCall Telecom / Dec 24 Worldcall Telecom Limited(WTL)	71,053,052 ▲ 0.00
Cnergyico PK / Dec 24 Cnergyico PK Limited(CNERGY)	66,471,663 ▼ -0.12
Pak Elektron / Dec 24 Pak Elektron Limited(PAEL)	38,651,653 ▼ -0.23
K-Electric Ltd. / Dec 24 K-Electric Limited(KEL)	36,108,956 ▲ 0.05
Fauji Foods Ltd / Dec 24 Fauji Foods Limited(FFL)	35,018,939 ▲ 0.56
P.T.C.L. / Dec 24 Pakistan Telecommunication Company Ltd(PTC)	33,030,118 ▼ -0.36
Sui South Gas / Dec 24 Sui Southern Gas Company Limited(SSGC)	29,230,026 ▼ -0.26
Pace (Pak) Ltd. / Dec 24 Pace (Pakistan) Limited(PACE)	28,106,970 ▼ -0.01
Pak Refinery / Dec 24 Pakistan Refinery Limited(PRL)	25,914,203 ▼ -0.41

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