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Oil steadies as economic slowdown signals contend with US rate-cut hopes

NEW YORK: Oil prices were roughly flat on Thursday as investors wrestled with mixed signals about crude demand, with...

Published 19 Jul, 2024 06:58am

Business & Finance

CCP approves product supply agreement between Aramco, GO Petroleum

ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted a time-bound exemption on the relevant clauses ...

Published 22 May, 2024 05:54am

Markets

China’s April gasoline exports fall to lowest level since July 2015 on recovering domestic demand

BEIJING: China’s gasoline exports in April fell to the lowest level since July 2015, customs data and Reuters...

Published 18 May, 2024 10:19am

Markets

Investors abandon bullish case for US gasoline: Kemp

LONDON: US gasoline prices and refining margins have come under pressure as inventories deplete more slowly than...

Published 16 May, 2024 06:28am

World

US consumer prices accelerate; seen delaying Fed rate cut

Third straight month of strong consumer price readings followed on the heels of news last week that job growth accelerated in March

Updated 12 Apr, 2024 09:28am

Markets

More than 20pc of global oil refining capacity at risk

LONDON: More than a fifth of global oil refining capacity is at risk of closure, energy consultancy Wood Mackenzie...

Published 31 Mar, 2024 02:53am

Markets

Russia increases gasoline imports from Belarus as domestic supplies shrink

MOSCOW: Russia has increased gasoline imports from neighbouring Belarus in March to tackle the risk of shortages in...

Published 29 Mar, 2024 04:45am

Business & Finance

Cnergyico says upgrading its both refineries

KARACHI: Cnergyico Friday announced to upgrade its both refineries to manufacture Euro V standards compliant ...

Published 09 Mar, 2024 04:59am

Markets

Cnergyico Pk anticipates investment of over $1bn in refinery upgradation

Cnergyico Pk Limited, formerly known as Byco Petroleum Pakistan Limited, sees its anticipated investment at over $1...

Updated 08 Mar, 2024 11:31pm

Markets

Oil falls 1% on Fed rate cut caution and stocks build

LONDON: Oil prices pulled back on Wednesday as the prospect of delays to U.S. interest rate cuts and a jump in U.S....

Updated 28 Feb, 2024 06:05pm

Markets

Oil falls on massive US fuel inventory builds

LONDON: Oil prices fell 2% on Thursday, largely unwinding an earlier rally, as massive weekly gasoline and ...

Published 05 Jan, 2024 03:12am

Markets

US gasoline pump prices at 11-month low

NEW YORK: US gasoline prices are the lowest they have been since January and by Christmas could fall below $3 a...

Published 07 Dec, 2023 04:35am

Markets

China October gasoline exports fall 20% on year, diesel shipments up

BEIJING: China’s gasoline exports fell 20% in October from a year earlier, data showed on Saturday, as domestic road...

Published 18 Nov, 2023 11:09am

Markets

Gasoline, food drive US producer prices higher

WASHINGTON: US producer prices increased more than expected in September amid higher costs for energy products and...

Published 12 Oct, 2023 05:57am

Markets

Asia naphtha lower, gasoline gains

NEW DELHI: Asia’s naphtha refining profit margin logged more than a 200% decline in June amid slow demand from...

Published 02 Jul, 2023 03:13am

Markets

Asia Naphtha, Gasoline-Naphtha margin gains as crude weakens

NEW DELHI: Asia’s naphtha refining profit margin rose for a second day on Wednesday after oil benchmarks weakened...

Published 29 Jun, 2023 04:19am

World

Qatar inks second long-term gas supply deal with China

DOHA: Qatar announced a second 27-year supply deal with a Chinese company on Tuesday as it expands production from...

Published 20 Jun, 2023 05:37pm

Markets

Asia’s naphtha margin slides, gasoline gains

NEW DELHI: Asia’s naphtha markets extended losses in contango structure on Monday, hitting the lowest since Sept....

Published 20 Jun, 2023 03:16am

Markets

Asia Naphtha, Gasoline margin rises, naphtha falls

NEW DELHI: Asia’s gasoline refining profit margin rose on Tuesday as demand remained strong in the region and...

Published 14 Jun, 2023 06:21am

Markets

Northwest European gasoline refining margins slipped

LONDON: Northwest European gasoline refining margins slipped further on Friday to around $20.70 a barrel on thin...

Published 04 Jun, 2023 03:35am

Markets

Asia’s gasoline refining margin rises

SINGAPORE: Asia’s gasoline refining profit margin rose on Thursday after US stocks posted a bigger-than-expected...

Published 19 May, 2023 06:17am

Markets

Asia naphtha, gasoline refining profit margins fall

NEW DELHI: Asia’s refining profit margins for naphtha and gasoline declined on Tuesday after tepid economic data...

Published 17 May, 2023 06:22am

Markets

Asia gasoline crack rises, naphtha at over 4-month low

NEW DELHI: Asia’s gasoline market extended gains on Monday amid expectations of firm summer season demand. The...

Published 16 May, 2023 03:23am

Markets

Northwest European gasoline refining margins lower amid weak exports

NEW DELHI: Northwest European gasoline refining margins dropped to $19.50 a barrel on Friday after sharp gains in...

Published 14 May, 2023 03:24am

Markets

Asia’s gasoline refining profit margin up

NEW DELHI: Asia’s gasoline refining profit margin rose for a second consecutive session on Thursday after US ...

Published 12 May, 2023 05:59am

Markets

PSO dominates challenging energy market

KARACHI: Pakistan State Oil (PSO) exhibited exceptional resilience and reported a net profit of Rs10.3 billion...

Published 29 Apr, 2023 06:04am

Markets

Gasoline complex posts weekly loss of 15%

NEW DELHI: Asia’s gasoline complex posted a weekly loss of over 15% even as strong pull from U.S. markets amid...

Published 16 Apr, 2023 03:36am

Markets

Gasoline crack falls

NEW DELHI: Asia’s gasoline refining margin dropped to its lowest in nearly a month on Wednesday as US stocks...

Published 13 Apr, 2023 06:37am

Markets

Parco shuts refinery for five days for maintenance

ISLAMABAD: Pak-Arab Refinery Ltd temporarily shut down its refinery operations for five days as part of its ...

Published 07 Apr, 2023 06:06am

Markets

Asia’s refining margin for gasoline falls

NEW DELHI: Asia’s refining margin for gasoline fell below $17 a barrel on Wednesday for the first time this week,...

Published 06 Apr, 2023 06:20am

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

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