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natural gas supply

Sindh asks Centre to increase supply of natural gas

KARACHI: Sindh Energy Minister Syed Nasir Hussain Shah has said that Sindh is currently the largest gas producing...

Published 23 Oct, 2024 06:22am

Business & Finance

PAC chairman for lifting ban on opening new petrol pumps

ISLAMABAD: The Public Accounts Committee (PAC) Chairman, Noor Alam Khan on Friday reiterated that the committee’s...

Published 15 Jul, 2023 06:08am

Business & Finance

KATI chief for special incentives to enhance exports

KARACHI: Faraz-ur-Rehman, President of the Korangi Association of Trade and Industry (KATI), has urged the ...

Published 22 Jun, 2023 05:45am

Pakistan

People’s issues must be resolved at their doorstep: NA speaker

ISLAMABAD: Speaker of National Assembly Raja Pervez Ashraf has said that resolving public issues at the people’s...

Published 03 Mar, 2023 06:12am

World

Global economic outlook has 'darkened significantly': IMF

WASHINGTON: The global economic outlook has "darkened significantly" and could deteriorate further, the IMF's...

Published 14 Jul, 2022 12:16am

Markets

US natural gas gains 3% on forecasts for colder weather, higher demand

US natural gas futures rose around 3% on Tuesday after falling for three days during a period of record volatility ...

Published 08 Feb, 2022 07:53pm

Markets

Courts in four Brazilian states suspend Petrobras natgas price hikes

RIO DE JANEIRO: Courts in four Brazilian states have suspended a 50% hike in natural gas prices planned by state-run...

Published 30 Dec, 2021 04:40am

Markets

US natural gas falls 3% to one-week low on milder weather forecasts

US natural gas futures fell about 3% on Friday to a one-week low on record output and forecasts for milder weather...

Published 17 Dec, 2021 06:36pm

Markets

US natural gas extends slide as milder weather outlook prevails

US natural gas futures extended declines to shed 7% on Tuesday, hurtling toward their worst month in about three...

Updated 30 Nov, 2021 07:41pm

Markets

US natural gas futures slide on rising output, lower demand forecast

US natural gas futures slid about 3% on Wednesday as output continues to rise and on forecasts for lower heating...

Published 17 Nov, 2021 06:33pm

Markets

US natural gas futures edge up on colder forecast, rising global prices

US natural gas futures edged up on Monday on forecasts for colder weather and higher heating demand over the next ...

Published 15 Nov, 2021 07:21pm

Markets

US natural gas futures soar 10% to 7-year peak on bullish demand view

Front-month gas futures for October delivery leapt as much as 10% to $5.010 per million British thermal units (mmBtu), their highest since February 2014

Published 08 Sep, 2021 08:20pm

Markets

US natural gas futures slip on forecasts for lower demand

Front-month gas futures fell 6.2 cents, or 1.9%, to $3.153 per million British thermal units (mmBtu) .
US pipeline exports to Mexico averaged 6.7 bcfd so far in June, putting them on track to top May's 6.2-bcfd record.

Published 21 Jun, 2021 06:41pm

Markets

India's natural gas consumption starts to rebound in June

"In the Indian market there was some slowdown, but the situation is not as bad as last year," Manoj Jain.
Due to falling local gas consumption in April and May, GAIL diverted two cargoes to international markets while Petronet deferred one cargo for delivery in June.

Published 09 Jun, 2021 06:52pm

Markets

US natgas futures slip on less hot forecasts, rising output

NEW YORK: US natural gas futures slipped on Monday on forecasts for less hot weather and a reduction in the amount ...

Published 08 Jun, 2021 04:09am

Markets

US natgas futures slip to 3-week low on big storage build

The US Energy Information Administration (EIA) said US utilities added 71 billion cubic feet (bcf) of gas into storage during the week ended May 14.
That injection boosted stockpiles to 2.100 trillion cubic feet (tcf), or 4.0% below the five-year average of 2.187 tcf for this time of year.

Published 20 May, 2021 09:10pm

Markets

North Dakota monthly natgas output rises in March

Monthly production touched an all-time high of 3.145 bcfd in November 2019.
Producers burned off, or flared, 0.184 bcfd of gas in March, down from 0.203 bcfd in February, the commission said, dropping the percentage of gas flared to 6% from 8%.

Published 20 May, 2021 07:00pm

Markets

US natgas futures little changed despite cooler forecasts next week

That lack of price movement also came despite a small decline in exports and an even smaller increase in output so far this month.
Front-month gas futures were unchanged at $2.932 per million British thermal units.

Published 07 May, 2021 06:43pm

Markets

US natgas futures rise for 5th day on cooler forecasts

Traders noted that even though temperatures may be lower, they were expected to remain around near-normal levels through late April.
Front-month gas futures rose 6.2 cents, or 2.4%, to $2.623 per million British thermal units.

Published 13 Apr, 2021 08:19pm

Markets

US natgas futures fall near 3pc on milder forecasts

Front-month gas futures fell 7 cents, or 2.7%, to $2.569 per million British thermal units.
After utilities started injecting gas into storage in late March, which was earlier than usual, speculators cut their net long positions on the New York Mercantile (NYMEX) and Intercontinental Exchanges for a sixth time in a row last week to their lowest since July 2020.

Published 05 Apr, 2021 08:11pm

Markets

US natgas rises on cooler forecasts, higher power generator demand

Traders also noted that price declines over the past four weeks have prompted power generators to burn more gas and less coal to produce electricity.
Front-month gas futures rose 1.8 cents, or 0.7%, to $2.526 per million British thermal units (mmBtu).

Published 24 Mar, 2021 07:10pm

Markets

US natgas futures slide ahead of expected small storage withdrawal

If correct, last week's decrease would cut stockpiles to 1.776 trillion cubic feet (tcf), which would be 5.3% below the five-year average of 1.875 tcf for this time of year.
Front-month gas futures fell 3 cents, or 1.2%, to $2.498 per million British thermal units.

Published 18 Mar, 2021 08:34pm

World

EU halts sanctions on Turkey oil executives as ties improve

TPAO executives to escape EU punishment over drilling.
EU March 25-26 summit no longer to be showdown over Turkey.
Turkey's Erdogan has changed tone since January.

Published 18 Mar, 2021 05:29pm

Business & Finance

Repsol makes first delivery of carbon-compensated LNG

Tradeable offset credits aim to balance the planet-warming effects of emissions by supporting projects such as forestation and renewable energy generation sites elsewhere in the world.
Repsol said it had supplied 430 cubic metres of LNG to a 150-metre long chemical tanker owned by Swedish firm Furetank Rederi at a terminal owned by system operator Enagas in southeastern Spain.

Published 12 Mar, 2021 07:04pm

Markets

US natgas futures slip on milder weather forecast, focus on storage report

If correct, last week's decrease would cut stockpiles to 1.807 trillion cubic feet (tcf), which would be 10.7% below the five-year average of 2.023 tcf for this time of year.
Front-month gas futures fell 3 cents, or 1.1%, to $2.786 per million British thermal units.

Updated 04 Mar, 2021 09:53pm

Markets

Mexico begins receiving LNG as gas supply via pipeline rises

The Marshall Island tanker Flex Courageous carrying US LNG docked on Friday at the Manzanillo terminal on the Pacific Coast, Refinitiv Eikon data showed.
A second cargo also from the United States on the tanker Seri Balhaf is waiting to discharge about 151,300 cubic meters of LNG at Mexico's Altamira terminal on the Gulf Coast.

Published 19 Feb, 2021 08:30pm

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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