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OIL IMPORTS

Ongoing global oil price decline to benefit Pakistan: brokerage house

The ongoing decline in global oil price “benefits Pakistan” and will help its trade balance and inflation figures,...

Updated 05 Sep, 2024 10:32pm

3 Oct cargoes to be cancelled: Leading OMCs’ Sept cargo deferred

ISLAMABAD: Leading importing Oil Marketing Companies’ September cargo has been deferred and three cargoes in October...

Updated 05 Sep, 2024 09:07am

Markets

Oil edges up on upbeat US economic data

NEW YORK: Oil prices edged up on Thursday after strong US economic data stoked expectations for higher crude demand,...

Published 26 Jul, 2024 06:21am

Markets

China March crude oil imports at 49.05mn metric tons

BEIJING: China’s crude oil imports in March fell back from high levels a year earlier but remained strong as key...

Published 12 Apr, 2024 12:28pm

Markets

Malaysian palm oil flat on low supply concerns

SINGAPORE: Malaysian palm oil futures were little changed on Friday, as concerns over lower supply outweighed ...

Published 05 Nov, 2023 03:10am

Pakistan’s imports of Russian crude face port, refinery, currency constraints

KARACHI: Pakistan is unlikely to meet a target for Russian crude to make up two-thirds of its oil imports, despite...

Updated 01 Aug, 2023 08:56am

Business & Finance

Govt negotiating second cargo of discounted Russian crude

ISLAMABAD: The State Minister for Petroleum, Dr Musadik Malik, on Wednesday said that talks with Russia are...

Updated 13 Jul, 2023 09:11am

Jeddah-based ITFC signs deal to fund $1.4bn of Bangladesh oil imports

JEDDAH: The International Islamic Trade Finance Corporation (ITFC), which is based in Jeddah, signed a $1.4 billion...

Updated 09 Jul, 2023 09:05am

Business & Finance

80pc of oil imports ferried into Pakistan thru PNSC: chairman

KARACHI: Rear Admiral Jawad Ahmed, Chairman and CEO of the Pakistan National Shipping Corporation (PNSC), said a...

Published 23 Jun, 2023 06:00am

FO defends procurement of crude oil from Russia

ISLAMABAD: Foreign Office on Thursday defended Pakistan’s procurement of “affordable” crude oil from Russia as a...

Updated 16 Jun, 2023 09:03am

First-ever crude-laden Russian ship arrives

KARACHI/ISLAMABAD: The first-ever Russian oil ship carrying over 45,000 metric tons of crude has arrived at Karachi...

Updated 12 Jun, 2023 08:41am

FBR expresses reservations at PD’s policy guideline

ISLAMABAD: The Federal Board of Revenue (FBR) has reportedly expressed reservations at Petroleum Division’s policy...

Updated 07 Jun, 2023 08:55am

Opinion

Dwindling forex reserves and bravado

Consumer Price Index rose to 36.4 percent in April - a rise of one percent from March 2023, 23.7 percent from March...

Updated 15 May, 2023 08:15am

Markets

Newly-launched night navigation increases FOTCO’s terminal capacity by 30pc

Port Qasim, FOTCO successfully dock first-ever oil vessel at night

Updated 12 May, 2023 11:26am

NA told: Oil being imported on deferred payment only from KSA

ISLAMABAD: The National Assembly was informed on Friday that crude oil is being imported on a deferred payment basis...

Updated 08 Apr, 2023 01:48pm

Russian oil shipment to reach next month: Musadik

LAHORE: Pakistan is all set to import cheap oil from Russia and the first shipment will reach Pakistan next month...

Updated 03 Apr, 2023 08:42am

Markets

India’s 2022/23 vegoil imports seen at 15 million tonnes

SINGAPORE: India’s edible oil imports are forecast to climb to 15 million tonnes in the year to October 2023, up...

Published 05 Mar, 2023 03:36am

Markets

India’s Russian oil imports surge to a record in Jan

NEW DELHI: India’s Russian oil imports climbed to a record 1.4 million barrels per day (bpd) in January, up 9.2%...

Published 20 Feb, 2023 07:06am

Russian oil supply likely by April

Negotiations with Russia were finalised in 45 days: Petroleum State Minister Musadik Malik

Updated 04 Feb, 2023 09:13pm

Markets

Analysts weigh in: rupee’s latest depreciation has wider implications, outcomes

Experts believe LC issue will be resolved, inflation along with remittances to increase in short term

Updated 27 Jan, 2023 07:04pm

Markets

India’s sunoil imports rise to record as Russia-Ukraine fight for market share

MUMBAI: India’s January sunflower oil imports are set to surge to a record 473,000 tonnes, nearly triple average...

Published 27 Jan, 2023 11:22am

Pakistan

Pakistan, US in process of productive re-engagement: FO

ISLAMABAD: The Foreign Office on Thursday refrained from making a direct comment on the Biden administration’s...

Published 27 Jan, 2023 07:32am

Govt wants to meet 35pc of oil requirement through Russia: Musadik

ISLAMABAD: State Minister for Petroleum, Musadik Malik Friday said that Pakistan wanted to import 35 percent of its...

Updated 21 Jan, 2023 08:51am

Oil purchases from Russia: Payments will be in currencies of ‘friendly’ states

Russia’s energy minister says both sides have drafted an agreement to sort out issues like transportation, insurance, payments and loadings

Updated 21 Jan, 2023 08:58am

Crude oil and oil products: agreement to be signed by March

ISLAMABAD: Pakistan and Russia have decided to draft an agreement on crude oil and oil products supply by late March...

Updated 21 Jan, 2023 11:41am

Opinion

Power distribution sector’s performance – I

Circular debt and privatisation of power distribution companies are under active discussion these days in the...

Published 12 Jan, 2023 06:10am

Russia overtakes KSA as China’s top crude supplier in Nov

Markets

OPEC cuts oil demand growth forecast again as economic challenges mount

LONDON: OPEC on Monday cut its forecast for 2022 global oil demand growth for a fifth time since April and further...

Published 14 Nov, 2022 06:46pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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