Trends - fuel - Business Recorder

fuel

China issues 12.8 million tons refined fuel export quotas in 2nd batch of 2025, JLC and traders say

SINGAPORE: China has issued 12.8 million metric tons of refined fuel export quotas in its second batch of allowances...

Published 28 Mar, 2025 10:17am

Markets

More European oil refineries to close, convert in next 10 years, panel says

LONDON: European oil refineries will have to adapt to the energy transition or face a heightened risk of closure by...

Published 28 Mar, 2025 07:53am

Opinion

‘Sunshine gold’ dethrones ‘black gold’

Oil has been a dominant force shaping global economies over the past two centuries, acting as both a maker and...

Updated 02 Jan, 2025 08:19am

Markets

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 15	280.63
USD PKR Interbank Buying / Apr 15	280.43
USD to Japanese Yen / Apr 15	143.15
USD to Swiss Franc / Apr 15	0.81
Pound Sterling to USD / Apr 15	1.32
Euro to USD / Apr 15	1.14
UK LIBOR % / Apr 14	4.96

Stock	Volume
S&P 500 / Apr 14	5,405.97
Nasdaq / Apr 14	16,831.48
Dow Jones / Apr 14	40,524.79
India Sensex / Apr 15	76,780.06
Tokyo Nikkei / Apr 15	34,267.54
Hang Seng / Apr 15	21,470.46
FTSE 100 / Apr 15	8,209.09
Germany DAX 30 / Apr 15	21,175.70
France CAC40 / Apr 15	7,263.20

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 14	16,785
Gold 10 Grams PKR / Apr 14	290,466
Crude Oil USD/Barrel / Apr 15	61.77
Gold Spot USD/Ounce / Apr 15	3,224.76
Cotton US¢/pound / Apr 15	65.75
Petrol/Litre / Apr 16	254.63
Diesel/Litre / Apr 16	258.64

Gainers
Losers
Leaders

Stock	Price
PICIC Ins.Ltd. / Apr 15 PICIC Insurance Limited(PIL)	2.73 ▲ 0.58 (26.98%)
Gulshan Sp. / Apr 15 Gulshan Spinning Mills Limited(GSPM)	3.72 ▲ 0.55 (17.35%)
Tariq Corp.Pref. / Apr 15 Tariq Corporation Limited-Preference Shares(TCORPCPS)	8.29 ▲ 0.79 (10.53%)
Tariq Corporation / Apr 15 Tariq Corporation Limited(TCORP)	16.16 ▲ 1.47 (10.01%)
Sanghar Sugar / Apr 15 Sanghar Sugar Mills Limited(SANSM)	55.51 ▲ 5.05 (10.01%)
Redco Textile / Apr 15 Redco Textiles Limited(REDCO)	25.27 ▲ 2.3 (10.01%)
First Elite Cap.Mod / Apr 15 First Elite Capital Modaraba(FECM)	17.70 ▲ 1.61 (10.01%)
Chakwal Spinning / Apr 15 Chakwal Spinning Mills Limited(CWSM)	47.87 ▲ 4.35 (10%)
Gillette Pak / Apr 15 Gillette Pakistan Limited(GLPL)	153.62 ▲ 13.97 (10%)
Nimir Resins / Apr 15 Nimir Resins Limited(NRSL)	35.08 ▲ 3.19 (10%)

Stock	Price
Power Cem(Pref) / Apr 15 Power Cement (Pref)(POWERPS)	13.55 ▼ -1.28 (-8.63%)
Pak Gen.Ins. / Apr 15 The Pakistan General Insurance Co. Ltd.(PKGI)	8.32 ▼ -0.77 (-8.47%)
Zahid Jee Textile / Apr 15 Zahidjee Textile Mills Limited(ZAHID)	25.58 ▼ -2.35 (-8.41%)
Imperial Limited / Apr 15 Imperial Limited(IML)	13.50 ▼ -1.22 (-8.29%)
LSE Capital / Apr 15 LSE Capital Limited(LSECL)	5.05 ▼ -0.45 (-8.18%)
Pak Gulf Leasing / Apr 15 Pak-Gulf Leasing Company Limited(PGLC)	18.09 ▼ -1.41 (-7.23%)
Janana De Malucho / Apr 15 Janana De Malucho Textile Mills Limited(JDMT)	48.19 ▼ -3.66 (-7.06%)
Parmount Sp. / Apr 15 Paramount Spinning Mills Limited(PASM)	3.80 ▼ -0.28 (-6.86%)
Philip Morris Pak. / Apr 15 Philip Morris (Pakistan) Limited(PMPK)	1,175.87 ▼ -85.61 (-6.79%)
Ruby Textile / Apr 15 Ruby Textile Mills Limited(RUBY)	7.26 ▼ -0.51 (-6.56%)

Stock	Volume
Cnergyico PK / Apr 15 Cnergyico PK Limited(CNERGY)	32,091,019 ▼ -0.11
TRG Pak Ltd / Apr 15 TRG Pakistan Limited(TRG)	21,511,574 ▲ 4.01
B.O.Punjab / Apr 15 The Bank of Punjab(BOP)	20,785,866 ▼ -0.19
Dewan Cement / Apr 15 Dewan Cement Limited(DCL)	19,449,173 ▲ 0.27
Sui South Gas / Apr 15 Sui Southern Gas Company Limited(SSGC)	15,773,976 ▼ -0.37
Fauji Foods Ltd / Apr 15 Fauji Foods Limited(FFL)	15,546,598 ▲ 0.42
Engro Powergen / Apr 15 Engro Powergen Qadirpur Limited(EPQL)	15,491,518 ▲ 0.65
Secure Logistics / Apr 15 Secure Logistics Group Limited(SLGL)	13,589,909 ▲ 0.93
Pak Refinery / Apr 15 Pakistan Refinery Limited(PRL)	13,303,100 ▲ 0.14
At-Tahur Ltd. / Apr 15 At-Tahur Limited(PREMA)	11,659,459 ▲ 3.03

Markets →

Budget 2024-25: income tax calculator for FY25

fuel

Most Popular