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Slowing global jet fuel consumption adds to oil demand concern

NEW YORK: Global jet fuel demand is poised to soften as a slowdown in consumer spending hits travel budgets, a shift...

Published 15 Aug, 2024 05:59am

Markets

Diesel release valve: China poised to save West from shortages again

As the northern hemisphere heads into winter, the U.S. and European oil sectors are counting on rising exports from...

Published 13 Oct, 2023 08:43pm

Business & Finance

PSO receivables reach all-time high of Rs740bn

ISLAMABAD: The Pakistan State Oil’s (PSO) receivables reached an all-time high of Rs740 billion, with the Sui...

Updated 24 Aug, 2023 09:33am

Markets

Asia distillates

SINGAPORE: Asia’s jet fuel market snapped more than a month’s silence and recorded its first deal for a July ...

Published 21 Jun, 2023 05:21am

Markets

Asia distillates: Gasoil premiums fall after cautious buying

SINGAPORE: The uptrend in spot premiums for Asia 10 ppm sulphur gasoil paused after five sessions of gains as buying...

Published 07 Jun, 2023 06:05am

Markets

Asia distillates

SINGAPORE: Asia’s spot premiums for 10 ppm sulphur gasoil received support and rose for the third straight session...

Published 01 Jun, 2023 03:34am

Markets

Asia Distillates: Gasoil spot differentials flip to premium after two weeks

SINGAPORE: Asia’s 10 ppm sulphur gasoil cash differentials recorded gains through the latter half of the week as...

Published 21 May, 2023 04:00am

Markets

Gasoil, jet fuel margins up for 2nd day

SINGAPORE: Asia’s 10-ppm sulphur gasoil and jet fuel margins climbed for a second consecutive trading session on...

Published 18 May, 2023 06:10am

Markets

Asia distillates: Gasoil, jet fuel margins firm on supply worries

SINGAPORE: Asia’s 10 ppm sulphur gasoil and jet fuel margins surged by almost $1.50 a barrel tracking overnight...

Published 17 May, 2023 06:22am

Markets

Asia gasoil, jet fuel margins extend fall on ample supply concerns

SINGAPORE: Asia’s 10-ppm sulphur gasoil and jet fuel refining margins fell for the third consecutive trading...

Published 16 May, 2023 03:23am

Markets

Asia Distillates: Gasoil, jet fuel margins rise

SINGAPORE: Asia’s 10ppm sulphur gasoil and jet fuel margins rose on Thursday, as demand sentiment improved after...

Published 12 May, 2023 05:59am

Markets

Asia’s 10ppm sulphur gasoil refining margins up

SINGAPORE: Asia’s 10ppm sulphur gasoil refining margins rose on Wednesday, supported by falling crude prices, even...

Published 11 May, 2023 05:54am

Markets

Asia Distillates: Gasoil, jet fuel margins little changed amid thin trade

SINGAPORE: Asia’s 10ppm sulphur gasoil and jet fuel margins were little changed on Monday amid thin trade, even as...

Published 09 May, 2023 05:37am

Markets

Asia Distillates: Gasoil, jet fuel margins post gain

SINGAPORE: Asia’s 10-ppm sulphur gasoil margins and jet fuel margins posted their first weekly gains in seven on...

Published 07 May, 2023 03:21am

Markets

Gasoil, jet fuel margins fall for sixth straight week

SINGAPORE: Asia’s 10-ppm sulphur gasoil margins and jet fuel margins posted their sixth consecutive week-on-week...

Published 30 Apr, 2023 05:10am

Markets

Asia’s 10 ppm sulphur gasoil margins lower

SINGAPORE: Asia’s 10 ppm sulphur gasoil margins kicked off the week on a low note of $17.60 a barrel in thin...

Published 11 Apr, 2023 03:44am

Markets

Gasoil, jet fuel cracks rebound but still post weekly losses

SINGAPORE: Asia’s 10 ppm sulphur gasoil margins and jet fuel cracks on Friday recouped losses suffered in the past...

Published 07 Apr, 2023 06:06am

Markets

Downtrend for cracks continues amid cautious sentiment

SINGAPORE: Asia’s 10-ppm sulphur gasoil and jet fuel margins fell for the third consecutive trading session as a...

Published 06 Apr, 2023 06:20am

Markets

Gasoil margins remain at more than one-year low

SINGAPORE: Asia’s 10-ppm sulphur gasoil margins fell to the lowest level for March and remained at more than a one...

Published 02 Apr, 2023 03:02am

Markets

Gasoil, jet fuel cracks down

SINGAPORE: Asia’s 10 ppm sulphur gasoil margins and jet fuel cracks fell again, hitting a new low since more than ...

Published 31 Mar, 2023 06:45am

Markets

Gasoil, jet fuel cracks decline

SINGAPORE: Asia’s 10-ppm sulphur gasoil and jet fuel margins fell for the third consecutive day due to thin...

Published 30 Mar, 2023 06:35am

Markets

Gasoil, jet fuel cracks extend losses

SINGAPORE: Asia’s 10-ppm sulphur gasoil margins and jet fuel cracks extended losses for a second consecutive day...

Published 29 Mar, 2023 06:27am

Markets

Asia’s regrade posts gain on increased buying

SINGAPORE: Asia’s regrade spread, the differential between 10 ppm gasoil and jet fuel cracks, pared the entire...

Published 26 Mar, 2023 03:19am

Markets

Gasoil, jet fuel cracks up

SINGAPORE: Asia’s 10-ppm sulphur gasoil margins firmed by almost 15% on week, completely erasing early-week ...

Published 19 Mar, 2023 03:33am

Markets

Asia’s gasoil margins little changed

SINGAPORE: Asia’s 10-ppm sulphur gasoil margins were mostly steady as stronger buying interest for physical ...

Published 15 Mar, 2023 06:01am

Markets

Gasoil cracks surge on volatile oil futures

SINGAPORE: Asia’s 10-ppm sulphur gasoil margins snapped a five-day losing streak on Monday and surged by around ...

Published 14 Mar, 2023 03:18am

Markets

Asia’s gasoil market

SINGAPORE: Asia’s 10-ppm sulphur gasoil activity stayed muted on Monday for the sixth consecutive session without...

Published 07 Mar, 2023 03:16am

Markets

Gasoil margins almost steady

SINGAPORE: Asia’s 10-ppm sulphur gasoil margins were broadly steady day-on-day at $25.57 a barrel as muted market...

Published 02 Mar, 2023 06:23am

Markets

Gasoil, jet fuel margins fall on weak fundamentals

SINGAPORE: Asia’s 10 ppm sulphur gasoil and jet fuel margins fell for the second consecutive month as persistently...

Published 01 Mar, 2023 06:21am

Markets

Gasoil margins up as some buyers make a comeback

SINGAPORE: Asia’s 10 ppm sulphur gasoil margins opened the week firmer by 7% to $24.22 per barrel, compared with...

Published 28 Feb, 2023 06:15am

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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