Trends - Fatih Birol - Business Recorder

Fatih Birol

Oil demand set to peak by 2029, major supply glut looms, IEA says

LONDON: Global oil demand will peak by 2029 and begin to contract the next year, the International Energy Agency...

Published 12 Jun, 2024 01:17pm

World

World falling short on 2030 renewables goal: IEA

PARIS: Nations are falling short of the goal agreed at UN climate talks to triple renewable energy capacity by 2030...

Published 04 Jun, 2024 01:02pm

World

IEA warns of key energy mineral shortage risk

PARIS: The sharp drop in prices for minerals critical to the green energy transition is masking a looming shortage...

Published 17 May, 2024 11:53am

World

Nuclear power absolutely needed to reach climate goals, IEA’s Birol says

BRUSSELS: Nuclear power is absolutely needed to reach worldwide climate goals, the head of the International Energy...

Published 21 Mar, 2024 01:35pm

Business & Finance

Trade barriers can slow energy transition: IEA chief

DAVOS: Trade barriers can slow the world’s energy transition but commerce also needs to be fair, International...

Published 18 Jan, 2024 05:54am

Markets

Oil and gas investment could halve by 2030 to meet climate goal: IEA

PARIS: The current $800 billion invested annually in the global oil and gas sector could be halved by 2030 if a goal...

Published 23 Nov, 2023 11:51am

World

Oil market on edge over Middle East crisis, IEA’s Birol says

OSLO: The oil market is “on edge” over the latest crisis in the Middle East, the head of the International Energy...

Published 21 Nov, 2023 03:01pm

Markets

Fossil fuel demand to peak this decade: IEA chief tells FT

PARIS: World demand for oil, gas and coal is forecast to peak this decade for the first time as the use of cleaner...

Published 12 Sep, 2023 02:13pm

World

Peak in oil demand ‘in sight’ before end of decade: IEA

PARIS: Global oil demand could peak before the end of this decade as the energy crisis has accelerated the...

Published 14 Jun, 2023 01:43pm

Markets

Renewable energy capacity additions to hit record: IEA

PARIS: Renewable power capacity will grow by a record number this year as high fossil fuel prices and energy ...

Published 05 Jun, 2023 03:27am

Markets

Oil supply won't be affected by stricter price cap enforcement: IEA

HIROSHIMA: The International Energy Agency (IEA) does not expect moves by the Group of Seven nations to counter the...

Published 21 May, 2023 11:01am

Business & Finance

Russia oil output exceeds expectation, but pressure looms: IEA

STAVANGER, (Norway): Russia’s oil output has exceeded expectations in the wake of the war in Ukraine but Moscow...

Published 30 Aug, 2022 06:21am

Markets

US, IEA urge Asian countries to diversify energy supply chains

SYDNEY: The United States and the International Energy Agency on Tuesday urged Asian countries to diversify their...

Published 13 Jul, 2022 05:48am

Markets

US, allies agree oil reserves release as oil prices soar

TOKYO: Members states of the International Energy Agency (IEA) agreed on Tuesday a coordinated release of 60 million...

Published 02 Mar, 2022 04:35am

World risks more years of high energy prices: IEA

PARIS: The world faces more years of high energy prices and emissions unless the electricity sector changes faster...

Published 15 Jan, 2022 05:50am

World

IEA chief pleads for 'real global action' on climate

PARIS: As head of the organisation that advises countries on energy policy, Fatih Birol has a blunt message to...

Published 12 Oct, 2021 04:44am

Opinion

Nuclear option: Earth's climate panacea or poison?

For its supporters, nuclear energy is the world's best - perhaps only - hope to avoid catastrophic climate change....

Published 12 Oct, 2021 04:44am

Markets

Clean investment surge needed to meet climate goals: IEA

He said in a statement accompanying the report that delivering cleaner emissions constituted "a massive investment opportunity" that would provide job opportunities.

Published 09 Jun, 2021 10:11am

No new fossil fuel projects for net-zero: IEA

PARIS: All future fossil fuel projects must be scrapped if the world is to reach net-zero carbon emissions by 2050...

Updated 19 May, 2021 10:13am

Markets

Renewable energy powers ahead in 2020: report

Installation of new photovoltaic solar panels should also continue to break records, hitting 160 GW by 2022.

Published 11 May, 2021 10:12am

World

CO2 emissions set to surge, IEA warns

The IEA expects both solar and wind to post their largest annual rises ever, at around 17 percent.

Published 20 Apr, 2021 11:22am

Markets

Oil demand to reach record by 2026: IEA

"By contrast, demand in many advanced economies, where vehicle ownership and oil use per capita are much higher, is not expected to return to pre-crisis levels," the IEA said.

Published 17 Mar, 2021 02:14pm

World

CO2 pollution returns, climate goals at risk: IEA

PARIS: Global CO2 emissions have returned to pre-pandemic levels and then some, threatening to put climate treaty...

Updated 03 Mar, 2021 09:37am

Markets

CO2 pollution bounces back, climate goals at risk: IEA

In India, they rose above 2019 levels from September as economic activity increased and Covid restrictions relaxed.

Published 02 Mar, 2021 11:37am

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 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

Markets →

Budget 2024-25: income tax calculator for FY25

Fatih Birol

Most Popular