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China’s Oct refined fuel exports fall to 18-month low

BEIJING: China’s refined fuel exports fell to an 18-month low in October, customs data showed on Monday, as weak...

Published 18 Nov, 2024 02:14pm

Business & Finance

PSO witnesses decrease in supply cost

ISLAMABAD: Pakistan State Oil (PSO) witnessed a decrease in the cost of supplying fuel; however, the government...

Published 02 Nov, 2024 06:15am

Business & Finance

Fuel prices decline

ISLAMABAD: The federal government has announced a substantial reduction in petroleum prices effective from October...

Published 01 Oct, 2024 06:49am

Markets

Govt reduces petrol price by Rs10, HSD’s by Rs13.06 per litre

New prices come into effect from September 16, 2024

Published 15 Sep, 2024 11:12pm

Significant cut in fuel prices likely

ISLAMABAD: As international oil prices continue to fall, the government is poised for a significant reduction in...

Updated 14 Sep, 2024 05:05pm

Markets

Some reduction in fuel prices likely

ISLAMABAD: The federal government is likely to announce a reduction in fuel prices for the third consecutive...

Updated 30 Aug, 2024 09:51am

Business & Finance

July petroleum sales dip 11pc to 1.2m tons yoy

KARACHI: The total sales of petroleum products in the country have declined by 11 percent on year-on-year basis to...

Updated 03 Aug, 2024 08:58am

Markets

Hike in fuel prices termed death warrant for economy

KARACHI: Sharp increase in petrol and electricity prices has taken the traders by storm amid the historic inflation,...

Published 23 Jul, 2024 07:26am

Petrol, HSD prices likely to increase

ISLAMABAD: Petrol and high-speed diesel (HSD) prices are likely to increase in Pakistan from July 01, 2024....

Updated 28 Jun, 2024 09:21am

Pakistan

Govt reduces petrol price by Rs4.74, HSD’s by Rs3.86 per litre

New prices come into effect from June 1, 2024

Updated 01 Jun, 2024 12:46am

Fuel prices likely to decline again

ISLAMABAD: Fuel prices are expected to go down again. The federal government is likely to announce a decrease in...

Updated 25 May, 2024 04:20pm

Markets

India’s fuel demand rises

BENGALURU: India’s fuel consumption rose 8.2% year-on-year in January, government data showed on Thursday, helped...

Published 09 Feb, 2024 03:29am

Markets

Russian oil flows through Red Sea still face lower risks

LONDON: Tankers carrying Russian oil have continued sailing through the Red Sea largely uninterrupted by Houthi...

Published 01 Feb, 2024 12:08pm

Markets

Red Sea worries cause spike in refined fuel prices, but market will adjust: Russell

LAUNCESTON: The main impact from the escalating tensions in the Middle East and the threat to ships transiting the...

Published 30 Jan, 2024 10:21am

World

Iran Guards seize foreign vessel carrying ‘smuggled’ fuel

TEHRAN: Iran’s Revolutionary Guards seized Sunday a foreign oil tanker carrying around two million litres of...

Updated 28 Jan, 2024 10:49pm

Markets

China’s fuel exports fall in December amid tight quotas, higher domestic demand

BEIJING: China’s exports of three major fuel products fell across the board in December from the previous year,...

Published 18 Jan, 2024 11:03am

Markets

US distillate inventories normalize as fuel demand slows

CHICAGO: Recent builds in US distillate stocks have pushed inventories to normal levels for the first time since...

Published 14 Jan, 2024 03:13am

World

Protests, strikes, fuel shortages as pensions fury rages in France

PARIS: French citizens protested and downed tools again on Thursday, with transport and refineries grinding to a ...

Published 24 Mar, 2023 05:55am

Ministry given six weeks to draft fuel relief package

Petroleum Minister Musadik Malik says package is a pricing scheme and not a subsidy

Updated 24 Mar, 2023 09:02am

Markets

India plans to extend fuel export curbs

NEW DELHI: India plans to extend restrictions on the export of diesel and gasoline after the current fiscal year ...

Published 21 Mar, 2023 06:29am

Markets

India plans to extend fuel export curbs beyond March

NEW DELHI: India plans to extend restrictions on the export of diesel and gasoline after the current fiscal year...

Published 20 Mar, 2023 10:21am

Markets

Improving India demand boosts thermal coal prices in Asia

NEW DELHI: Signs of stronger import demand from India have arrested the decline in price of the thermal coal grades...

Published 28 Feb, 2023 06:15am

Opinion

Energy sector reforms – II: low-hanging fruit rotting

Building on previous op-eds, we are aware of Pakistan’s energy sector challenges and measures requiring execution in...

Published 25 Jan, 2023 06:25am

BR Research

Power generation remains under pressure

It does not make headlines anymore, but electricity generation continues to dwindle month after month. At 8 billion...

Published 20 Jan, 2023 09:07am

Business & Finance

PCJCCI for low-cost energy projects in collaboration with China

LAHORE: Pakistan China Joint Chamber of Commerce and Industry (PCJCCI) urged the federal government to initiate...

Published 17 Jan, 2023 06:02am

BR Research

Electricity saving: It isn’t broke; don’t fix

So, energy conservation is the new plan. Nothing was ever seen before, but least needed than ever before. The idea ...

Published 22 Dec, 2022 07:54am

Editorials

The revenue shortfall

EDITORIAL: Tax revenue shortfall is projected at 800 billion rupees as per former Finance Minister Dr Hafeez A. ...

Published 19 Dec, 2022 06:00am

Fuel requirement for summer discussed

ISLAMABAD: Ministry of Energy (Petroleum Division and Power Division) on Monday held a meeting to discuss fuel...

Updated 13 Dec, 2022 09:41am

Opinion

Russian oil sanctions fuel boom for old tankers

The market for old oil tankers is booming, and it’s all down to efforts by Western nations to curb trade in ...

Updated 06 Dec, 2022 06:32am

BR Research

Cement: Coal buffers

While the cement industry certainly has a coal habit to kick, it’s costs of production continue to be heavily...

Published 29 Nov, 2022 08:47am

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

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