Markets » Europe Energy

Europe Energy

UK to phase out Russian oil imports by end of 2022

LONDON: Britain will phase out imports of Russian oil and oil products by the end of 2022, Prime Minister Boris...

Published 08 Mar, 2022 10:05pm

Energy

Oil rises on tight inventories, demand worries limit gains

LONDON: Oil prices rose on Tuesday, supported by the prospect of tight inventories across the globe, although the...

Published 16 Nov, 2021 04:37pm

Energy

Algeria suggests bringing forward OPEC+ meeting to June 4

 Algeria's energy minister, Mohamed Arkab, said in the letter that he had held discussions with "some ministers" abo

Published 30 May, 2020 09:08pm

Energy

Oil prices steady, awaiting confirmation of surprise US inventory build

 After tumbling on Wednesday, Brent crude futures were down 0.06%, or 2 cents, at $34.72 a barrel at 1311 GMT after

Published 28 May, 2020 02:31pm

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

 Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon, are

Published 28 May, 2020 11:05am

Energy

US natgas futures little changed despite lower demand forecasts

 US LNG exports averaged 6.5 bcfd so far in May, down from a four-month low of 8.1 bcfd in April and a record 8.7 bc

Published 27 May, 2020 03:27pm

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

 Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon, are

Published 27 May, 2020 01:09pm

Energy

UK GAS-Prices fall on increased UKCS flows, reduced gas-for-power demand

 The day-ahead contract was down by 1.00 pence at 9.00 pence per therm by 0746 GMT, while the June contract was 0.65

Published 27 May, 2020 11:29am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

 Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon, are

Published 26 May, 2020 11:28am

Energy

UK GAS-Prices rebound from record lows as Yamal-Europe flows halt

 The within-day gas price was up 3.7 pence at 11.40 p/therm by 0921 GMT. 
 The day-ahead contract was up 1.70 pen

Published 26 May, 2020 10:33am

Energy

UK GAS-UK, Dutch prices plunge as strong wind, weak demand weighs

The day-ahead was down nearly 26pc at 6.50 pence per therm and the June contract was 13pc lower at 8.40 euros/MWh.

Published 22 May, 2020 09:50am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon, are

Published 22 May, 2020 09:43am

Energy

European gas prices hit new lows as demand weakens, supply rises

Producers and system operators are delaying non-essential spring and summer maintenance due to the coronavirus pand

Published 21 May, 2020 03:00pm

Energy

UK GAS-Prices slump on weak demand

The day-ahead contract was 1.25 pence lower at 9.25 pence per therm at 0855 GMT. The within-day contract dropp

Published 21 May, 2020 11:24am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon, are

Published 20 May, 2020 10:55am

Energy

UK GAS-Day-ahead down amid weak demand, oversupply and quiet trade

The system was oversupplied by 8 million cubic metres (mcm) with demand forecast at 173 mcm and flows at 182 mcm/da

Published 20 May, 2020 09:25am

Energy

Yamal LNG on fast boat to China as Northern route melts early

This year's opening is more than a month earlier compared to 2019, when first vessel to go via the route left Yamal

Published 19 May, 2020 03:52pm

Energy

Russia's Transneft, Rosneft in row over oil transport costs

Transneft and Rosneft are headed by allies of Russian President Vladimir Putin and have had a long history of diffe

Published 19 May, 2020 03:32pm

Energy

Oil steady on signs of output cuts but demand concerns weigh

June WTI contract hits 9-week high before Tuesday's expiry No sign of WTI plunge seen at previous month's expi

Published 19 May, 2020 03:19pm

Energy

Poland expects Russia to continue gas transit to Europe

The new mechanism entered into force on May 17 and there is a client who uses the new mechanism. One can assume tha

Published 19 May, 2020 02:08pm

Energy

Germany, Netherlands to sign deal to cooperate on electricity grids

The German and Dutch governments have been in talks on the matter for months but officials say Berlin has not decid

Published 19 May, 2020 01:33pm

Energy

Poland to use more LNG as coronavirus speeds coal's decline

The state-run PGNiG is a shareholder in PGG, Poland's biggest coal producer, which is struggling to survive the imp

Published 19 May, 2020 01:02pm

Energy

German parties end row over on-shore wind turbines, lift solar energy cap

"I'm happy that the parliamentary groups struck an agreement on this issue. This will give renewable energies the n

Published 18 May, 2020 04:15pm

Energy

Brent at one-month high, US oil tops $32 as lockdowns ease

June WTI contract hits 9-week high before Tuesday's expiry No sign of price plunge seen at last expiry Sa

Published 18 May, 2020 04:09pm

Energy

Gazprom starts work on Power of Siberia-2 pipeline to China

MOSCOW: Russian gas giant Gazprom has begun a feasibility study for its Power of Siberia-2 pipeline project that wou

Published 18 May, 2020 03:49pm

Energy

Brent at one-month high, US oil tops $31 as restrictions ease

June WTI contract hits 9-week high before Tuesday's expiry No sign of price plunge seen at last expiry Sa

Published 18 May, 2020 03:04pm

Energy

Oil majors slash output to help Kazakhstan comply with OPEC+ deal

Chevron-led Tengizchevroil (TCO), operator of the giant Tengiz oilfield, said on Friday it would follow Kazakhstan'

Published 15 May, 2020 05:21pm

Energy

Oil back at early April highs as demand shows signs of picking up

West Texas Intermediate (WTI) oil was up $1.06, or 3.85%, at $28.62 a barrel at 1347 GMT, after reaching $28.89, it

Published 15 May, 2020 04:39pm

Energy

Oil rises towards $27 as OPEC+ begins record cut

OPEC-led oil supply cut started on May 1 US crude inventories rise less than expected LONDON: Oil ro

Published 01 May, 2020 12:25pm

Energy

Oil heads for steep weekly slide after coronavirus turmoil

Continental to shut in most of its shale production Kuwait to begin production cuts ahead of May 1 L

Published 24 Apr, 2020 01:11pm

Energy

Oil rises as Trump plans to ease lockdown

Brent rose by 54 cents, or 1.9pc, to $28.36 a barrel by 1133 GMT, and US crude for June was up 4 cents, or 0.2pc, a

Published 17 Apr, 2020 12:50pm

Energy

OPEC says oil market undergoing 'historic shock'

The cartel now forecasts a "historical drop" of around 6.8 million barrels per day (mbd) in average daily demand fo

Published 16 Apr, 2020 03:27pm

Energy

Oil prices recover from sharp losses caused by US stockpile surge

Brent crude was down 19 cents, or 0.7pc, at $27.50 a barrel by 0754 GMT. WTI was up 7 cents, or 0.4pc, at $19.94.

Published 16 Apr, 2020 02:12pm

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon, are

Published 16 Apr, 2020 12:58pm

Energy

UK GAS-Prompt prices fall on warmer weather, higher wind power output

The day-ahead contract was 0.55 pence lower at 14.60 pence per therm by 0822 GMT. Peak wind generation was for

Published 15 Apr, 2020 01:22pm

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon, are

Published 15 Apr, 2020 01:08pm

Energy

Oil price strikes 2002 low, as demand set to crash

Shortly after, around 0920 GMT, WTI was down 2.3 percent at $19.66 per barrel and Brent showed a 3.6-percent loss a

Published 15 Apr, 2020 10:42am

Energy

Oil slips as producer cuts fail to banish demand fears

Brent futures fell 25 cents, or 0.8pc, to $31.49 a barrel by 0825 GMT after settling 0.8pc higher on Monday. U

Published 14 Apr, 2020 11:11am

Energy

UK GAS-Prices rise on colder weather, lower LNG supplies

The gas system was undersupplied by around 6 million cubic metres (mcm), with demand forecast at 227 mcm and flows

Published 14 Apr, 2020 11:05am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon, are

Published 14 Apr, 2020 11:03am

Energy

Russia's oil output down to 11.24 million bpd on April 1-12

Average oil production in Russia last month was at 11.29 million bpd. The energy ministry did not immediately

Published 13 Apr, 2020 01:56pm

Energy

Oil prices broadly shrug off output cut as demand worries weigh

Brent crude futures were up 14 cents, or 0.4%, at $31.62 a barrel by 1108 GMT, after opening at a session high of $

Published 13 Apr, 2020 01:45pm

Energy

OPEC+ oil deal lifts rouble but raises economic concerns

Oil prices ended Thursday's trade lower before a market holiday on Good Friday, with Brent, a global benchmark for

Published 10 Apr, 2020 01:40pm

Energy

IEA chief hopes G20 meeting will restore stability to oil markets

I hope that it will help restore some much-needed stability to oil markets," Birol said in a statement on Friday.

Published 10 Apr, 2020 01:07pm

Energy

Oil prices rise on hopes OPEC+ will agree supply cuts

Brent crude futures were up 4.9%, or $1.60, at $34.44 a barrel as of 1115 GMT after hitting a high of $34.83 early

Published 09 Apr, 2020 11:47am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon, are

Published 08 Apr, 2020 03:12pm

Energy

UK GAS-Prices rise as wind power dips, stronger oil boosts curve

Traders said the market remains fundamentally weak but expectations of higher demand for gas from power plants as w

Published 07 Apr, 2020 01:30pm

Energy

Oil rises as hopes build for global production cut

Worldwide oil demand has dropped by as much as 30pc, coinciding with moves by Saudi Arabia and Russia to flood mark

Published 07 Apr, 2020 11:50am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon, are

Published 06 Apr, 2020 04:28pm

Energy

UK GAS-Prices mixed amid oversupply, lower wind power forecasts

Britain's gas system was oversupplied by 8.8 million cubic metres (mcm) with demand forecast at 195.9 mcm and flows

Published 06 Apr, 2020 01:23pm

Energy

Oil falls after Saudi Arabia, Russia delay meeting

Brent crude fell more than $3 when Asian markets opened but recovered some ground, with traders hopeful that a deal

Published 06 Apr, 2020 11:08am

Energy

Brent crude rises above $32 on hopes of oil output deal

Brent soared as much as 47pc on Thursday for its highest intraday percentage gain on record. Russia and Saudi

Published 03 Apr, 2020 01:15pm

Energy

Oil rises as Trump talks up Saudi-Russia truce, recession fears limit gains

Benchmark Brent, which rose as much as 11pc in early trade, was up 7.6pc at $26.63 a barrel at 1330 GMT, while US c

Published 02 Apr, 2020 02:23pm

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon, are

Published 02 Apr, 2020 01:06pm

Energy

UK GAS-Prices rise on undersupplied market

The within-day contract was 1.20 pence higher at 18.50 pence per therm by 0905 GMT. Liquefied natural gas send

Published 02 Apr, 2020 12:52pm

Energy

Oil jumps as Trump talks up truce hopes for Saudi-Russia price war

US crude stockpiles rose 13.8 million barrels in their biggest weekly increase since 2016, and analysts expected st

Published 02 Apr, 2020 12:42pm

Energy

Oil falls towards $25 as oversupply fears mount with US inventory rise

Pledges of higher output from Saudi Arabia and Russia after a supply pact collapsed and a slide in demand due to th

Published 01 Apr, 2020 12:45pm

Energy

US natgas little changed as higher oil prices offset lower demand forecast

The amount of gas flowing to US LNG export plants eased to 9.1 bcfd on Monday from 9.3 bcfd on Sunday, according to

Published 31 Mar, 2020 03:35pm

Energy

UK GAS-Prompt prices fall, within-day drops to 2009 low

The within-day contract fell by 2.10 pence to 18.40 pence per therm by 1046 GMT, its lowest level since Oct. 2009.

Published 31 Mar, 2020 01:09pm

Energy

Oil rises after 18-year lows prompt US-Russia talks plan

Brent crude was up 87 cents, or 3.8pc, at $23.63 a barrel by 1106 GMT after closing on Monday at $22.76, its lowest

Published 31 Mar, 2020 12:50pm

Energy

US crude dips below $20 as lockdowns wipe out demand

The international benchmark for oil prices, was down $2.08, or 8.3pc, at $22.85 by 1127 GMT, after earlier dropping

Published 30 Mar, 2020 02:27pm

Energy

Italy's API suspends oil refinery output as coronavirus hits demand

"The depot will continue to operate and to provide products to the area," the spokesman added. LONDON: I

Published 27 Mar, 2020 08:45pm

Energy

Russian oil hold-up threatens Belarus price deal

Two of the sources said that Safmar received a right to export up to 300,000 tonnes of oil to Belarus over April-Ju

Published 27 Mar, 2020 07:05pm

Energy

UK GAS-Prices fall on rising Norwegian supplies, wind power output

The day-ahead contract was down 1.0 pence at 19.00 pence per therm by 0842 GMT. Total LNG send-out is nominate

Published 27 Mar, 2020 12:34pm

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon.

Published 27 Mar, 2020 12:27pm

Energy

Oil mixed on stimulus hopes and demands fears

Brent crude was on track for its fifth consecutive weekly drop. By 1029 GMT, it was down 39 cents, or 1.5pc, at $25

Published 27 Mar, 2020 11:32am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon, are

Published 26 Mar, 2020 11:46am

Energy

Oil falls as sinking demand outweighs stimulus hopes

West Texas Intermediate (WTI) crude futures fell 79 cents, or 3.1pc, to $23.70 a barrel. The US Senate on Wedn

Published 26 Mar, 2020 11:33am

Energy

UK GAS-Day-ahead up on colder weather, lower wind forecasts

The day-ahead contract was 0.50 pence higher at 22.15 pence per therm at 0914 GMT. Temperatures are expected t

Published 25 Mar, 2020 02:40pm

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon, are

Published 25 Mar, 2020 02:37pm

Energy

Oil prices fall as demand woes eclipse US stimulus

Brent crude was down 45 cents, or 1.66pc, at $26.70 per barrel at 1029 GMT after earlier rising to a high of $28.29

Published 25 Mar, 2020 12:29pm

Energy

Russia to boost April oil exports as wrestles Saudi for market share

The plans to increase production and boost overseas supplies follow the collapse early this month of a supply-cut p

Published 25 Mar, 2020 12:11pm

Energy

Oil jumps 3pc towards $28 on Fed steps to support economy

The expected stimulus pushed the US dollar lower against other currencies. A weaker dollar tends to support the pri

Published 24 Mar, 2020 03:38pm

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon.

Published 24 Mar, 2020 01:41pm

Energy

UK GAS-Day-ahead price edges higher with wind power output set to dip

Peak wind power generation is forecast at 11.3 gigawatts (GW) on Tuesday, falling to 8.9 GW on Wednesday. Gas

Published 24 Mar, 2020 11:55am

Energy

Oil jumps 5pc to over $28 on Fed steps to support economy

The Fed on Monday rolled out an array of programmes including backing for the first time corporate bond purchases.

Published 24 Mar, 2020 11:25am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon.

Published 23 Mar, 2020 11:25am

Energy

UK GAS-Prompt prices fall on weak demand, oversupply

Peak wind generation is forecast to remain above normal levels at around 11.3 gigawatts (GW) both on Monday and Tue

Published 23 Mar, 2020 10:37am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon, are

Published 20 Mar, 2020 01:22pm

Energy

UK GAS-Prices fall on higher LNG send-out, Norwegian flows

Gas for immediate delivery fell by 2.00 pence to 23.00 pence per them by 0853 GMT. The system was oversupplied

Published 20 Mar, 2020 01:09pm

Energy

Oil gains as governments pile on the economic stimulus

U.S. crude futures for April rose $2.23 to $27.45. The front-month contract expires later on Friday. The more

Published 20 Mar, 2020 12:16pm

Energy

Oil prices set for biggest weekly drop since 2008

Oil prices bounce 7% on hopes of economic stimulus Analysts slash 2020 oil price forecasts - survey Virus

Published 13 Mar, 2020 01:23pm

Energy

Oil slides by 4pc after Russia rejects steeper OPEC+ cut

OPEC aims to cut output by extra 1.5 mln bpd to end-2020 Wants non-OPEC producers to contribute 500,000 bpd cu

Published 06 Mar, 2020 01:37pm

Energy

Oil up on slowing pace of coronavirus, Venezuela sanctions

Brent was up by 81 cents at $58.56 a barrel by 1309 GMT. The Organization of the Petroleum Exporting Countries

Published 19 Feb, 2020 01:58pm

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon.

Published 19 Feb, 2020 10:34am

Energy

UK GAS-Prompt prices mixed amid LNG delays, milder weather forecast

Britain's gas system was undersupplied by 25.2 million cubic metres (mcm), with demand forecast at 279.3 mcm and su

Published 19 Feb, 2020 09:56am

Energy

Oil drops below $57 on coronavirus impact and OPEC+ delay

OPEC+ has shown no sign yet of reacting to the virus-related slump in demand by making additional production cuts.

Published 18 Feb, 2020 01:46pm

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon, are

Published 18 Feb, 2020 09:57am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon, are

Published 17 Feb, 2020 10:55am

Energy

UK GAS-Prices mixed amid subdued trading

UK gas system was 23.3 million cubic metres (mcm) undersupplied, with demand expected at 262.2 mcm and supply at 23

Published 17 Feb, 2020 10:27am

Energy

Oil prices steady as coronavirus-related demand concerns weigh

Brent crude was at $57.29 a barrel, down 5 cents by 0946 GMT after rising 5.2pc last week, the biggest weekly gain

Published 17 Feb, 2020 10:24am

Energy

Oil prices rise more than 1pc, on course for weekly gain

U.S. West Texas Intermediate (WTI) was 70 cents or 1.4pc higher at $52.12 a barrel, up 3.6pc for the week. The

Published 14 Feb, 2020 01:48pm

Energy

UK GAS-Prices fall as storm Dennis boosts wind power

The within-day contract was down 0.80 pence at 20.70 p/therm by 0858 GMT. The March gas price at the Dutch TTF

Published 14 Feb, 2020 10:39am

Energy

Oil prices steady, on course for weekly gain

Brent crude was up 6 cents or 0.1pc at $56.40 a barrel by 0911 GMT, and has risen 3.4pc since last Friday, its firs

Published 14 Feb, 2020 10:30am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon.

Published 14 Feb, 2020 10:23am

Energy

COVID-19 causing first drop in oil use in decade: IEA

"Global oil demand has been hit hard by the novel coronavirus (COVID-19) and the widespread shutdown of China's eco

Published 13 Feb, 2020 10:29am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon, are

Published 13 Feb, 2020 09:38am

Energy

OPEC says coronavirus to trim 2020 oil demand, weighs output cut

OPEC said 2020, demand for its crude will average 29.30 million barrels per day (bpd), 200,000 bpd less than previo

Published 12 Feb, 2020 04:14pm

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon, are

Published 12 Feb, 2020 02:00pm

Energy

UK GAS Prices mostly decline on high wind output

The day-ahead contract was 0.17 pence lower at 22.03 pence per therm by 0913 GMT. Gas for immediate delivery r

Published 11 Feb, 2020 10:59am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon, are

Published 11 Feb, 2020 10:41am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon.

Published 10 Feb, 2020 12:31pm

Energy

UK GAS Prices fall on soaring wind power, looming LNG supply

The within-day contract was down 0.75 pence at 22.00 p/therm by 0926 GMT. Six more LNG tankers were added to N

Published 10 Feb, 2020 11:43am

Energy

Oil slips on weaker Chinese demand, traders await OPEC+ cuts

Brent crude slipped to $54.23 a barrel by 0945 GMT, down 24 cents or 0.4pc. U.S. West Texas Intermediate fell

Published 10 Feb, 2020 11:21am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon.

Published 07 Feb, 2020 10:44am

Energy

UK GAS Prices fall as soaring wind power curbs demand

Peak wind power generation is forecast at 12.7 gigawatts (GW) on Friday and 13.3 GW on Saturday, Elexon data showed

Published 07 Feb, 2020 10:21am

Energy

UK GAS Prices plunge as weak LNG prices add pressure to oversupplied market

China National Offshore Oil Corp (CNOOC) has declared force majeure on prompt LNG deliveries from at least three su

Published 06 Feb, 2020 12:14pm

Energy

Oil rises for a second day as OPEC+ weighs coronavirus action

U.S. West Texas Intermediate (WTI) futures gained 69 cents to $51.44 a barrel after rising 2.3pc on Wednesday.

Published 06 Feb, 2020 10:52am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon.

Published 06 Feb, 2020 10:46am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon.

Published 05 Feb, 2020 10:57am

Energy

UK GAS Prompt prices rise on colder weather, lower wind output

Gas supply was robust, however, with flows from Norway increasing by 10 mcm day-on-day to 78 mcm on Wednesday, Gass

Published 05 Feb, 2020 09:50am

Energy

Oil jumps 3pc on reports of effective coronavirus drug

Brent crude oil futures were up $1.76, or 3.2pc, at $55.72 a barrel by 0919 GMT. U.S. West Texas Intermediate

Published 05 Feb, 2020 09:48am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon.

Published 04 Feb, 2020 10:24am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon.

Published 03 Feb, 2020 12:28pm

Energy

UK GAS Prices fall as LNG and Norwegian supplies increase

The day-ahead contract fell by 0.10 pence to 25.00 pence per therm by 0940 GMT. Liquefied natural gas (LNG) se

Published 03 Feb, 2020 10:25am

Energy

Oil falls as coronavirus hits Chinese crude demand

U.S. West Texas Intermediate (WTI) crude fell 5 cents to $51.51 a barrel, after earlier hitting a session low of $5

Published 03 Feb, 2020 10:20am

Energy

UK GAS Prices decline due to weaker demand and oversupply

Milder weather has reduced heating demand and strong wind output is forecast which reduces demand from gas-to-power

Published 31 Jan, 2020 11:46am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon.

Published 31 Jan, 2020 10:58am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Some tankers heading for Belgium and Britain may be loading at the terminal. Estimated arrival dates, often re

Published 30 Jan, 2020 11:41am

Energy

UK GAS Milder weather puts more pressure on prices

The day-ahead contract was down 0.70 pence at 25.50 p/therm by 0930 GMT. Wind generation is robust, which usua

Published 30 Jan, 2020 10:40am

Energy

Oil rises as markets wait on virus impact and U.S. stockpiles fall

Brent crude rose 45 cents, or 0.8pc, to $59.96 a barrel by 1150 GMT. U.S. crude was up 33 cents, or 0.6pc, at

Published 29 Jan, 2020 01:19pm

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon.

Published 29 Jan, 2020 12:10pm

Energy

UK GAS Prices fall as temperatures turn warmer and wind power rises

The within-day contract was down 1.00 pence at 27.75 p/therm by 0845 GMT. The day-ahead contract was down 1.40

Published 29 Jan, 2020 11:18am

Energy

Oil rises as markets wait on virus impact, U.S. stocks fall

Brent crude rose 66 cents, or 1.1pc, to $60.17 a barrel by 0951 GMT. U.S. crude was up 62 cents, or 1.2pc, at

Published 29 Jan, 2020 10:51am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon.

Published 28 Jan, 2020 11:05am

Energy

UK GAS Prices rise on cold weather demand, LNG supply drop

The within-day contract rose 0.45p to 28.25 p/therm by 0920 GMT. The UK gas system was 22.4 million cubic metr

Published 28 Jan, 2020 10:22am

Energy

Oil rout extends to sixth day as China virus death toll rises

Saudi and other OPEC producers, however, sought to downplay demand concerns resulting from the virus outbreak.

Published 28 Jan, 2020 10:16am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon.

Published 27 Jan, 2020 10:58am

Energy

Oil drops below $60 as China virus drives demand concern

Brent crude fell by $1.79 a barrel, or 2.95pc, to $58.90 by 0903 GMT, its lowest since late October. The losse

Published 27 Jan, 2020 10:34am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon.

Published 24 Jan, 2020 11:35am

Energy

Oil slips to $62, heads for weekly loss on China virus concerns

China is the world's second-largest oil consumer so any slowdown in travel would show up on demand forecasts.

Published 24 Jan, 2020 10:36am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Some tankers heading for Belgium and Britain may be loading at the terminal. Estimated arrival dates, often re

Published 22 Jan, 2020 11:55am

Energy

UK GAS Falling demand drags prompt prices down

Gas-for-power demand is expected to drop significantly over the weekend due to a rise in wind generation. Liqu

Published 22 Jan, 2020 10:55am

Energy

Oil slides as IEA surplus forecast overshadows Libya disruption

Brent crude was down 43 cents, or 0.7pc, at $64.16 a barrel at 0941 GMT. The head of the IEA, Fatih Birol, sai

Published 22 Jan, 2020 10:44am

Energy

Oil market shrugs off Libya crisis

Brent crude was down 92 cents at $64.28 a barrel by 1016 GMT, having risen to its highest in more than a week on Mo

Published 21 Jan, 2020 01:19pm

Energy

Oil rises as Libyan oilfields shut down

Brent crude was up 41 cents, or 0.6pc, at $65.26 by 1116 GMT, having earlier touched $66 a barrel. The West Te

Published 20 Jan, 2020 12:12pm

Energy

Russia and Ukraine finalise gas transit deal just before deadline

About 18 percent of the European Union's annual natural gas consumption comes from Russia via Ukraine, which put pr

Published 31 Dec, 2019 12:29pm

Energy

Bulgaria to get Russian gas supplies via TurkStream

New route via the TurkStream pipeline would be more economically viable and could result in around a 5% decrease in

Published 30 Dec, 2019 12:11pm

Energy

Oil prices fall as Russia touts easing OPEC+ output

Russia says OPEC+ may consider easing output cuts, Kuwait-Saudi Neutral Zone dispute nears resolution Hopes of

Published 23 Dec, 2019 12:52pm

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon.

Published 19 Dec, 2019 11:47am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon.

Published 18 Dec, 2019 01:39pm

Energy

UK GAS-Weakening gas demand drives prompt prices down

Temperatures across Britain are expected to average above the season's norm in the next two days. Gas demand f

Published 18 Dec, 2019 11:40am

Energy

Oil falls as U.S. inventories rise but demand hopes stem bigger drop

U.S. crude inventories climbed 4.7 million barrels in the week to Dec. 13 to 452 million. Data from the U.S. E

Published 18 Dec, 2019 11:31am

Energy

UK GAS-Prompt gas prices rise on lower LNG supplies, rising demand

The average temperature in Britain is expected at 3.8 degrees Celsius on Tuesday. Gas for power generation was

Published 17 Dec, 2019 03:09pm

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon.

Published 17 Dec, 2019 12:24pm

Energy

Oil edges further above $65 on trade hopes, supply cuts

The prolonged trade dispute has been a dampener for oil demand and weighed on prices. Banks including JP Morga

Published 17 Dec, 2019 11:53am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon.

Published 16 Dec, 2019 11:00am

Energy

UK GAS Prompt prices rise on undersupply, LNG supply dip

The within-day contract was up 1.50 pence at 32.75 p/therm by 0925 GMT. The temperatures were 0.4 degrees and

Published 16 Dec, 2019 10:33am

Energy

Oil prices near three month highs on U.S.-China trade deal

Brent crude oil futures rose 17 cents or 0.3pc to $65.39 a barrel by 0940 GMT. Amid rising U.S. oil output, en

Published 16 Dec, 2019 10:08am

Energy

UK GAS Prompt prices fall as temperatures turn warmer

The within-day contract was down 2.50 pence at 33.50 p/therm by 0915 GMT. The January gas price at the Dutch T

Published 13 Dec, 2019 12:36pm

Energy

Oil hits 3-month high as trade hopes, UK election lift sentiment

U.S. sources said on Thursday that Washington has set its terms for a trade deal with Beijing. The alliance, k

Published 13 Dec, 2019 12:00pm

Energy

Oil prices rise on OPEC deficit forecast

OPEC and others including Russia agreed last week to rein in output by an extra 500,000 bpd in the first quarter of

Published 12 Dec, 2019 02:14pm

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Some tankers heading for Belgium and Britain may be loading at the terminal. Estimated arrival dates, often re

Published 11 Dec, 2019 01:52pm

Energy

Oil prices drop as trade war concerns haunt market

Crude prices have fallen this week as a Dec. 15 deadline for the next round of US tariffs on Chinese imports loomed

Published 10 Dec, 2019 11:55am

Energy

UK GAS Prices fall as traders expect Russia-Ukraine transit deal

UK market is also pressured by a busy arrival schedule of liquefied natural gas (LNG) tankers. Current deal be

Published 10 Dec, 2019 11:46am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon.

Published 10 Dec, 2019 11:34am

Energy

UK GAS Prompt prices rise as system heavily undersupplied

The day-ahead gas price at the Dutch TTF hub was down 0.60 euro at 13.60 euros per megawatt hour. The undersup

Published 09 Dec, 2019 11:05am

Energy

Oil prices slip as weak China exports highlight trade war impact

The price drops also put an end to a strong run in previous sessions fuelled by hopes for the OPEC+ production curb

Published 09 Dec, 2019 10:59am

Energy

OPEC agrees oil output cuts after much 'brain squeezing'

World oil prices surged in response, with US benchmark WTI and its European counterpart Brent both rising two perce

Published 06 Dec, 2019 08:20pm

Energy

Oil dips as OPEC weighs deeper output cuts

Brent crude futures were down 14 cents, or 0.22pc, to $62.86 a barrel at 0845 GMT. Oil prices surged on Wednes

Published 05 Dec, 2019 11:12am

Energy

OPEC and allies prepare to deepen oil output cuts

OPEC+ has curbed supply since 2017 to counter booming output from the United States. The current cuts expire i

Published 05 Dec, 2019 11:02am

Energy

UK GAS Warming temperatures push British gas prices lower

The LNG (liquefied natural gas) arrival rate and current storages status ensure sendout will remain high. Aver

Published 05 Dec, 2019 10:35am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon.

Published 04 Dec, 2019 01:07pm

Energy

Oil rises 1pc before OPEC meeting to discuss output pact

Oil prices are being held back by the uncertainty over prospects for a trade deal between the United States and Chi

Published 04 Dec, 2019 11:23am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Some tankers heading for Belgium and Britain may be loading at the terminal. Estimated arrival dates, often re

Updated 13 Jan, 2020 11:09pm

Energy

Oil higher as Saudi pushes for further supply cuts

OPEC ministers will meet in Vienna on Thursday and the wider OPEC+ group will gather on Friday. While OPEC may

Published 03 Dec, 2019 10:57am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Some tankers heading for Belgium and Britain may be loading at the terminal. Estimated arrival dates, often re

Published 02 Dec, 2019 02:14pm

Energy

Oil jumps above $61 on talk of further OPEC+ supply curbs

OPEC's ministers will meet in Vienna on Thursday and the wider OPEC+ group will gather on Friday. The so-calle

Published 02 Dec, 2019 01:29pm

Energy

Turkey and Azerbaijan mark completion of TANAP pipeline to take gas to Europe

TANAP comprises the longest stretch of the $40 billion Southern Gas Corridor, a series of pipelines that will carry

Published 30 Nov, 2019 08:15pm

Energy

OPEC November oil output slips before Aramco IPO, policy meeting

Saudi oil output edges lower after Oct recovery, Nigeria still exceeds quota by largest margin Angolan output

Published 29 Nov, 2019 08:30pm

Energy

Russia's Gazprom posts 45pc fall in Q3 net profit on lower export prices, volumes

Gazprom, the world's top conventional gas producer, said its total sales were 1.6 trillion roubles in the third qua

Published 29 Nov, 2019 11:48am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Estimated arrival dates, often revised by port authorities and AIS Live ship-tracking data on Refinitiv Eikon.

Published 29 Nov, 2019 11:13am

Energy

UK GAS Prompt prices rise as temperatures turn cooler

The day-ahead gas price at the Dutch TTF hub was up 0.65 euro at 16.25 euros per megawatt hour. Peak wind powe

Published 29 Nov, 2019 10:47am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Some tankers heading for Belgium and Britain may be loading at the terminal. Estimated arrival dates, often re

Published 28 Nov, 2019 01:16pm

Energy

UK GAS Most prices edge lower on expectation of milder cold spell

The within-day contract dropped 0.45 pence to 41.25 p per therm by 0940 GMT. Gas-for-power demand is also expe

Published 28 Nov, 2019 12:59pm

Energy

Oil falls as US rights bill fuels tensions with China

Brent crude was down 26 cents, or 0.4pc, at $63.80 a barrel by 1038 GMT. West Texas Intermediate crude fell 27

Published 28 Nov, 2019 11:23am

Energy

UK GAS Prices edge up as supplies, temperatures dip

The day-ahead contract moved 0.35 pence higher to 41.20 pence per therm by 0845 GMT. November's LNG imports to

Published 27 Nov, 2019 11:21am

Energy

Oil steadies as trade optimism counterweighs U.S. stockpile build

Oil had risen for the last two days on expectations that China and the United States. The producers, known as

Published 27 Nov, 2019 10:37am

Energy

Oil firms as optimism returns to US-China trade talks

The international benchmark for oil prices, was up 20 cents at $63.85 at 0958 GMT. The call took place amid he

Published 26 Nov, 2019 01:38pm

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Some tankers heading for Belgium and Britain may be loading at the terminal. Estimated arrival dates, often re

Published 26 Nov, 2019 11:49am

Energy

UK GAS Prices mixed as chill due to set in later in week

Britain's LNG imports are set to triple this year compared to 2018 due to a surge in LNG production globally.

Published 25 Nov, 2019 11:14am

Energy

UK GAS Prices rise as storage withdrawals, LNG supplies fall

The within-day contract rose 0.75 pence to 43.00 pence per therm at 0845 GMT. The day-ahead contract was yet t

Published 22 Nov, 2019 11:48am

Energy

UK GAS Prices rise as supplies from LNG terminals drop

Traders said send-out from many from some of the country's LNG terminals was much lower on Thursday. The day-a

Published 21 Nov, 2019 11:07am

Energy

Oil drops as US-China standoff extends beyond trade

The Organization of the Petroleum Exporting Countries meets on Dec. 5 in Vienna. US President Donald Trump is

Published 21 Nov, 2019 10:40am

Energy

LNG tankers heading to Britain, Belgium and the Netherlands

Some tankers heading for Belgium and Britain may be loading at the terminal. Those likely to perform ship-to-s

Published 20 Nov, 2019 01:26pm

Energy

Oil prices extend losses on supply, trade war fears

Crude inventories in the United States rose by 6 million barrels last week to 445.9 million. U.S. crude demand

Published 20 Nov, 2019 01:13pm

Energy

UK GAS Prompt falls due to milder weather; strong wind power, LNG feed demand

Gas for within-day delivery was 0.25 pence lower at 39.50 pence/therm. Strong power generation from wind turbi

Published 20 Nov, 2019 01:08pm

Energy

Russian 2019 oil output seen at 11.17-11.25mn bpd

Russia, which is part of a global deal to curb oil production, will aim to stick to its commitments under the deal

Published 20 Nov, 2019 12:07pm

Energy

Oil prices little changed amid concerns about rising supplies

IEA sees major challenge to OPEC+ oil demand in 2020 Prospects rise for extension of OPEC+ cuts White Hou

Published 15 Nov, 2019 02:09pm

Energy

Oil prices creep higher on tentative US-China hopes

Iranian Oil Minister was quoted as saying that he expects further production cuts to be agreed at the next meeting

Published 04 Nov, 2019 12:55pm

Energy

Oil falls on weak Chinese industrial data

Brent crude down 23 cents, or 0.4%, at $61.79 a barrel by 1147 GMT, having gained more than 4% last week, its best

Published 28 Oct, 2019 12:47pm

Energy

Oil prices steady, on track for large weekly gain

US crude stocks fell unexpectedly last week OPEC and allies consider deeper oil cuts Weak economic outloo

Published 25 Oct, 2019 12:20pm

Energy

Oil slips below $61 as weak demand outlook weighs

US crude inventories register surprise drop Sentiment dented by economic outlook Prospects of further act

Published 24 Oct, 2019 11:03am

Energy

Oil slips as US stocks rise; prospect of OPEC action supports

US crude stocks rose by 4.5 mln bbls - API, OPEC, allies to mull deeper production cuts. Weak demand growth

Published 23 Oct, 2019 12:03pm

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 23	154.78
USD to Swiss Franc / Nov 23	0.89
Pound Sterling to USD / Nov 23	1.25
Euro to USD / Nov 23	1.04

Stock	Volume
S&P 500 / Nov 22	5,969.34
India Sensex / Nov 22	79,117.11
Tokyo Nikkei / Nov 22	38,283.85
Nasdaq / Nov 22	18,003.65
Hang Seng / Nov 22	19,229.97
FTSE 100 / Nov 22	8,262.08
Dow Jones / Nov 22	44,296.51
Germany DAX 30 / Nov 22	19,322.59

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Petrol/Litre / Nov 23	248.38
Crude Oil USD/Barrel / Nov 23	71.24
Gold Spot USD/Ounce / Nov 23	2,716.19
Diesel/Litre / Nov 23	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▼ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▼ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▼ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 23 786 Investments Limited(786)	6.82 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 23 Al-Abbas Sugar Mills Limited(AABS)	593.76 ▲ 0.00 (0.00%)
Agro Allianz / Nov 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 23 Ali Asghar Textile Mills Limited(AATM)	70.89 ▲ 0.00 (0.00%)
Allied Bank / Nov 23 Allied Bank Limited(ABL)	120.21 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 23 Abbott Laboratories (Pakistan) Limited(ABOT)	1,023.10 ▲ 0.00 (0.00%)
Abson Ind. / Nov 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 23 Alfalah Consumer Index ETF.(ACIETF)	12.55 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 23 Worldcall Telecom Limited(WTL)	177,135,830 ▲ 0.00
K-Electric Ltd. / Nov 23 K-Electric Limited(KEL)	124,131,268 ▲ 0.00
Hascol Petrol / Nov 23 Hascol Petroleum Limited(HASCOL)	105,013,176 ▲ 0.00
Fauji Foods Ltd / Nov 23 Fauji Foods Limited(FFL)	77,697,371 ▲ 0.00
Treet Battery / Nov 23 Treet Battery Limited(TBL)	43,783,366 ▲ 0.00
B.O.Punjab / Nov 23 The Bank of Punjab(BOP)	36,573,763 ▲ 0.00
Sui South Gas / Nov 23 Sui Southern Gas Company Limited(SSGC)	32,719,678 ▲ 0.00
PIA Holding Co.Ltd / Nov 23 PIA Holding Company Limited(PIAHCLA)	27,969,689 ▲ 0.00
Cnergyico PK / Nov 23 Cnergyico PK Limited(CNERGY)	25,874,820 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25