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IEA

LPG adulteration

The Oil and Gas Regulatory Authority (Ogra) oversees Pakistan’s gas sector, including Liquefied Petroleum Gas...

Published 19 Dec, 2024 06:38am

Markets

Oil prices sharply up

NEW YORK: Oil prices climbed about 2% on Friday to settle at a three-week high, on expectations that additional...

Published 15 Dec, 2024 02:50am

Markets

IEA expects comfortably supplied oil market in 2025 despite demand hike

LONDON: The world oil market will be comfortably supplied in 2025, the International Energy Agency (IEA) said on...

Published 12 Dec, 2024 04:38pm

Markets

IEA sees 2025 oil market in supply surplus

LONDON: The world’s demand for oil will fall short of supply by more than 1 million barrels per day (bpd) in 2025...

Published 14 Nov, 2024 02:14pm

World

World heading into ‘the Age of Electricity’: IEA

PARIS: More than half of the world’s electricity will be produced by low-emission sources before 2030 but the...

Published 16 Oct, 2024 12:34pm

Business & Finance

Speakers advocates for balanced energy mix

ISLAMABAD: While acknowledging the past mistakes of successive governments, speakers at a seminar advocated for a...

Published 12 Oct, 2024 06:50am

Markets

China to remain world’s top LNG buyer in 2024-25, IEA says

HIROSHIMA: China is set to remain the world’s top buyer of liquefied natural gas (LNG) this year and next because of...

Published 07 Oct, 2024 12:10pm

Markets

Global oil demand growth slows as China slumps: IEA

PARIS: Global oil demand grew at its slowest pace since 2020 in the first half of 2024 due to China’s economic...

Published 12 Sep, 2024 02:25pm

Markets

Global oil demand growth slowing: IEA

PARIS: Global oil demand growth slowed in the second quarter of the year, primarily due to softer construction and...

Published 14 Aug, 2024 06:40am

Markets

Global oil demand growth slowing: IEA

PARIS: Global oil demand growth slowed in the second quarter of the year, primarily due to softer construction and...

Published 13 Aug, 2024 05:57pm

Markets

Oil demand growth slowing, China consumption dips: IEA

PARIS: The International Energy Agency trimmed its forecasts Thursday as it said world oil demand growth continues ...

Published 12 Jul, 2024 05:43am

Markets

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

Markets

Russia is China’s top oil supplier for a 12th month in April

Russia China’s top oil supplier in April for a 12th month, with volumes rising 30% from a year earlier, official...

Published 20 May, 2024 10:20am

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

Markets

IEA trims 2024 oil demand growth forecast, widens gap with OPEC

LONDON: The International Energy Agency (IEA) on Wednesday trimmed its forecast for 2024 oil demand growth, widening...

Published 15 May, 2024 08:57pm

Markets

Oil settles up on ME tensions

NEW YORK: Oil rose around 1% on Friday on geopolitical tensions in the Middle East but posted a weekly loss on a...

Published 13 Apr, 2024 03:49am

Markets

OPEC, IEA at most divided on oil demand since at least 2008

LONDON: Producer group OPEC and the International Energy Agency, the world’s most closely watched forecasters of...

Published 28 Mar, 2024 06:30am

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

Markets

Oil prices climb as attacks on Russian energy facilities intensify

LONDON: Oil benchmark Brent hovered just under the $86 a barrel mark on Monday, extending last week’s gains, as...

Updated 18 Mar, 2024 05:29pm

Business & Finance

IEA raises oil demand outlook again but still lags OPEC

LONDON: The International Energy Agency on Thursday raised its view on 2024 oil demand growth for a fourth time ...

Published 15 Mar, 2024 04:14am

World

Methane emissions from energy sector rose in 2023: IEA

PARIS: Planet-heating methane released by the fossil fuel industry rose to near record highs in 2023 despite...

Published 13 Mar, 2024 11:58am

Business & Finance

OPEC sticks to oil demand view, nudges up economic growth

LONDON: OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025, ...

Published 13 Mar, 2024 06:32am

Markets

Oil prices rise slightly as OPEC retains demand forecasts

NEW YORK: Oil prices rose slightly on Tuesday as the market weighed bearish U.S. economic data against OPEC’s demand...

Updated 12 Mar, 2024 09:56pm

Markets

Energy-related CO2 emissions hit record levels in 2023: IEA

PARIS: Energy-related carbon dioxide emissions rose to a record level in 2023, but the growth slowed from previous...

Published 01 Mar, 2024 11:48am

Markets

IEA to expedite 2025 oil demand forecast, OPEC also moves early

LONDON: The International Energy Agency is bringing forward publication of its first 2025 oil demand forecast to...

Published 26 Jan, 2024 04:58am

Markets

King coal set to lose crown for electricity production: IEA

PARIS: Renewables are set to displace coal as the top source of energy for electricity production globally in 2025,...

Published 24 Jan, 2024 12:53pm

Markets

Oil heads for weekly gain as Middle East tensions support

LONDON: Oil was little changed on Friday and heading for a weekly gain, as Middle East tensions and oil output...

Updated 19 Jan, 2024 05:19pm

Markets

Oil prices rise on global demand forecasts

NEW YORK: Oil prices rose on Thursday as the International Energy Agency (IEA) joined producer group OPEC in...

Published 19 Jan, 2024 05:37am

Markets

World added 50% more renewable energy capacity last year over 2022: IEA

PARIS: The world added 50 percent more renewable energy capacity in 2023 over the year before, the International...

Published 11 Jan, 2024 12:08pm

Markets

Oil prices on track for first weekly rise in two months

LONDON: Oil prices rose on Friday, on track to notch their first weekly rise in two months after benefiting from a...

Updated 15 Dec, 2023 03:36pm

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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