OPEC’s share in India’s annual oil imports rises after 8-year drop NEW DELHI: OPEC’s share in India’s crude oil imports edged up in 2024, rising for the first time in nine years,... Published 17 Jan, 2025 02:04pm
Markets Russia offers to provide LNG, crude oil to Vietnam HANOI: Russia is willing to help develop Vietnam’s nuclear power sector and provide it with crude oil and LNG, the... Published 15 Jan, 2025 03:36pm
Markets 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
BR Research Pakistan Refinery Limited Pakistan Refinery Limited (PSX: PRL) is a hydro-skimming refinery based in Karachi, Pakistan. Established in 1960,... Published 08 Jan, 2025 07:37am
Markets PMEX daily trading report KARACHI: On Thursday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 33.095 ... Published 05 Jan, 2025 02:45am
BR Research Pakistan Petroleum Limited Pakistan Petroleum Limited (PSX: PPL) stands as a cornerstone of the country’s energy sector and a leading supplier... Published 03 Jan, 2025 08:17am
BR Research Pakistan Oilfields Limited Pakistan Oilfields Limited (PSX: POL) is involved in the exploration, drilling, and production of crude oil and gas... Published 02 Jan, 2025 08:24am
Markets Oil prices stable on Monday as data offsets surplus concerns LONDON: Oil prices stabilised on Monday after losses last week as lower-than-expected U.S. inflation data offset... Updated 23 Dec, 2024 04:52pm
Business & Finance KP produces 30,000 bpd of crude oil per day PESHAWAR: Khyber Pakhtunkhwa produces 30,000 barrel of crude oil per day, which is 42% of the total national... Published 23 Dec, 2024 06:03am
Markets 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
Markets China’s crude oil imports rebounded in November, but so did storage flows: Russell LAUNCESTON: China’s crude oil imports in November hit a 14-month high, but much of the additional volume is likely... Published 16 Dec, 2024 10:48am
Markets Oil rises 1% as EU agrees further sanctions threatening Russian oil flows Oil prices rose more than 1% on Wednesday after the European Union agreed an additional round of sanctions... Updated 11 Dec, 2024 09:50pm
Markets China Nov crude oil imports up 14% to 48.52mn metric tons SINGAPORE: China’s November crude oil imports rose 14.3% from a year earlier to 48.52 million metric tons, customs... Published 10 Dec, 2024 11:04am
Markets Saudi Arabia cuts crude oil prices for Asia amid nascent demand recovery: Russell LAUNCESTON: It’s always tempting to try and over-analyse changes in the crude oil market and Saudi Arabia’s decision... Published 09 Dec, 2024 11:44am
Markets OPEC+ expected to extend oil supply cuts VIENNA: The OPEC oil cartel and its allies are expected Thursday to extend their supply cuts to avoid a sharp drop... Published 05 Dec, 2024 12:57pm
Markets Oil pares some gains after source says OPEC+ to delay output hike LONDON: Oil prices pared some gains on Thursday after a source told Reuters OPEC+ has agreed to delay a planned oil... Updated 05 Dec, 2024 06:15pm
BR Research PRL: Slippery start to FY25 FY25 started on a heavy note for Pakistan Refinery Limited (PSX: PRL) as the company experienced a challenging... Published 05 Dec, 2024 08:03am
Business & Finance Talks under way to import Russian oil: minister ISLAMABAD: Pakistan and Russia are actively negotiating the structure of a deal for the import of Russian oil by... Published 05 Dec, 2024 06:47am
Markets PMEX daily trading report KARACHI: On Monday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 28.802 billion... Published 04 Dec, 2024 03:14am
Markets Oil rises on Chinese data, Middle East tensions HOUSTON: Oil prices rose on Monday, as strong factory activity in China buoyed hopes of higher demand, and as... Updated 02 Dec, 2024 09:32pm
Markets PMEX daily trading report KARACHI: On Thursday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 12.359 ... Published 01 Dec, 2024 03:13am
Markets 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
Markets Saudi crude oil supply to China to fall in December on weak demand SINGAPORE: Saudi Arabia’s crude oil supply to China is set to fall to about 36.5 million barrels in December, trade... Published 11 Nov, 2024 02:50pm
Markets Oil prices climb as US reserve bid lends support Oil prices rose on Tuesday after tumbling 6% in the previous session, as a U.S. plan to buy oil for the Strategic... Updated 29 Oct, 2024 04:51pm
BR Research OGDC 1QFY25: Profit slips, optimism drills deep After strong earnings in FY24, Oil & Gas Development Company Limited (PSX: OGDC) posted a profit after tax of Rs... Published 29 Oct, 2024 08:44am
Markets Oil slides 5% after limited Israeli retaliatory attack on Iran Brent futures down $4.13, or 5.43%, at $71.92 a barrel Updated 28 Oct, 2024 08:16pm
Markets Oil set for 3% weekly gain, investors weigh Middle East risk HOUSTON: Oil prices were on track to gain around 3% on the week as Friday’s prices ticked up, with investors taking... Updated 25 Oct, 2024 09:43pm
Markets Malaysia’s crude oil supplies to China continue to surge in September BEIJING/SINGAPORE: China’s crude oil imports from Malaysia, its third-largest supplier, rose 17.5% in September from... Published 20 Oct, 2024 09:58am
Markets Oil prices fall, on track for 8% weekly decline on China demand woes HOUSTON: Oil futures fell on Friday and were on track for a weekly drop of 8% after data showed China’s economic... Updated 18 Oct, 2024 08:53pm
Markets Saudi Arabia’s crude oil exports in August hit one-year low Saudi Arabia’s crude oil exports in August fell to their lowest level in a year, data from the Joint Organizations... Published 17 Oct, 2024 03:27pm