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International Energy Agency

Global coal consumption expected to hit record high in 2024, IEA says

PARIS: Global coal consumption is expected to hit a record high this year and stay near that level until 2027 as...

Published 18 Dec, 2024 12:43pm

World

Chinese firms take on EV truck challenges

SUZHOU: Dominant in the electric car sector, Chinese companies have been quietly consolidating their position in the...

Published 15 Dec, 2024 11:36am

Markets

Oil climbs 1% to 3-week high as more sanctions loom on Russia, Iran

Brent futures rise 67 cents, or 0.9%, to $74.08 a barrel

Updated 13 Dec, 2024 09:57pm

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 chief Birol sees ‘comfortable’ oil markets, unless geopolitical shock

OSLO: The supply of oil and gas will be plentiful, with oil markets being “comfortable” this year and next unless...

Published 26 Nov, 2024 02:21pm

Markets

IEA sees oil surplus looming, reassures on Iran supply risk

LONDON: The world oil market is heading for a sizeable surplus in the new year, the International Energy Agency said...

Updated 15 Oct, 2024 02:47pm

Markets

Asia’s crude oil imports drop in July as China stays weak: Russell

LAUNCESTON: Asia’s crude oil imports dropped to the lowest in two years in July as demand remained weak in top...

Published 01 Aug, 2024 01:14pm

Markets

Rising cooling demand to keep coal plants online this year, IEA says

PARIS: Global electricity demand is set to grow at its fastest pace in nearly 20 years this year, spurred by...

Published 19 Jul, 2024 10:36am

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

IEA sees oil demand growth slowing as China’s share ebbs

LONDON: Global oil demand growth will slow to just under a million barrels per day (bpd) this year and next, the...

Published 11 Jul, 2024 02:32pm

Markets

Solar investment outstrips all other power forms: IEA

PARIS: More money is pouring into solar power than all other electricity sources combined, with investments set to...

Published 06 Jun, 2024 12:39pm

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 oil demand forecast on weakness in wealthier countries

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

Published 12 Apr, 2024 02:10pm

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

Markets

Oil dips as questions remain around demand

LONDON: Oil prices fell on Tuesday, with an uncertain outlook for global demand knocking value off crude futures...

Updated 20 Feb, 2024 06:21pm

Markets

Oil slides 1% as weaker IEA demand outlook offsets rate cut hopes

LONDON: Oil fell by about 1% on Friday as slowing demand forecast by the International Energy Agency (IEA) offset...

Updated 16 Feb, 2024 07:13pm

Markets

IEA raises 2024 oil demand growth forecast again

LONDON: The International Energy Agency (IEA) made a further upward revision to its 2024 oil demand growth forecast...

Published 18 Jan, 2024 03:05pm

Markets

Oil prices rise on strong IEA and OPEC demand estimates

LONDON: Oil prices rose on Thursday as the IEA joined producer group OPEC in forecasting relatively strong growth in...

Updated 18 Jan, 2024 04:55pm

Markets

Oil rises as Middle East tensions offset economy concerns

LONDON: Oil rose around 1% on Wednesday in a second day of gains as Middle East supply concerns arising from the...

Updated 10 Jan, 2024 09:23pm

Markets

Global coal use at all-time high in 2023: IEA

PARIS: Global coal use is expected to reach a record high in 2023 as demand in emerging and developing economies...

Published 15 Dec, 2023 12:18pm

Markets

Palm extends gains on output concerns, falling stocks

MUMBAI: Malaysian palm oil futures extended gains on Friday, with market participants worried about a likely decline...

Published 15 Dec, 2023 11:03am

Markets

Oil firms face ‘moment of truth’ in climate crisis: IEA

PARIS: Oil and gas firms will face a crucial choice at UN climate talks next week between contributing to the ...

Published 24 Nov, 2023 05:29am

World

Fossil fuels in the crosshairs at pivotal COP28 talks

PARIS: World leaders will face a reckoning over humanity’s failure to curb climate-heating emissions and polluting...

Published 23 Nov, 2023 12:12pm

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

Bullish IEA, OPEC oil demand forecasts at odds with modest gains in Asia’s imports: Russell

LAUNCESTON: The International Energy Agency (IEA) and producer group OPEC are sticking to bullish forecasts for...

Published 16 Nov, 2023 10:36am

Markets

Oil dips on prospect of peak US production, despite strong demand signals

LONDON: Oil prices dipped on Wednesday amid signs the United States, the world’s biggest oil producer, is at peak...

Updated 15 Nov, 2023 03:56pm

Markets

IEA raises oil demand growth forecasts, despite economic gloom ahead

LONDON: The International Energy Agency (IEA) on Tuesday raised its oil demand growth forecasts for this year and...

Published 14 Nov, 2023 03:05pm

Markets

Oil climbs as IEA lifts demand growth forecast, US inflation cools

LONDON: Oil prices firmed on Tuesday after the International Energy Agency (IEA) raised its demand growth forecasts,...

Updated 14 Nov, 2023 08:39pm

World

India unlikely to join global cooling pledge at COP28

NEW DELHI/LONDON: India is unlikely to sign onto a global pledge to reduce cooling-related emissions at the COP 28...

Published 27 Oct, 2023 11:11am

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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