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Oil refineries

PD misses SIFC deadline to resolve issues facing oil refineries

ISLAMABAD: The Petroleum Division could not address oil refineries obstacles by November 10th, as mandated by the...

Updated 12 Nov, 2024 02:35pm

MPs for closure of refineries using Euro-2 standard

ISLAMABAD: A parliamentary panel on Thursday called for the closure of oil refineries producing Euro-2 and below...

Updated 27 Sep, 2024 09:12am

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

Business & Finance

Surplus of HSD stock: PSO asked to re-evaluate HSD quantities contracted with Kuwait Petroleum Company

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has directed Pakistan State Oil (PSO) to reevaluate the...

Updated 04 Sep, 2024 08:49am

Senate panel told: Ogra takes over oil demand-supply function

ISLAMABAD: An Oil and Gas Regulatory Authority (Ogra) official Friday apprised a parliamentary panel that the...

Updated 03 Aug, 2024 01:03pm

Cheap Russian oil: Musadik claims private sector made hefty profits

ISLAMABAD: Minister for Petroleum, Dr. Musadik Masood Malik has reportedly accused private sector of earning huge...

Updated 02 Aug, 2024 09:54am

Markets

‘Refineries upgrade at risk due to newly-introduced sales tax exemption’

The government has introduced a sales tax exemption in the Finance Act 2024 on petroleum products, which will...

Updated 23 Jul, 2024 08:04pm

Markets

HSD import permission to M/s GO: 5 refineries lodge protest with Ogra

ISLAMABAD: The country’s five refineries have protested with chairman Oil and Gas Regulatory Authority (OGRA) for...

Published 14 Jun, 2024 06:31am

Oil policy deadline: CCoE grants oil refineries 60-day extension

ISLAMABAD: The Cabinet Committee on Energy (CCoE) has granted a 60-day extension to oil refineries to meet the...

Updated 13 Dec, 2023 09:53am

Markets

OPEC oil output falls in January led by Iraq

LONDON: OPEC oil output fell in January, a Reuters survey found on Tuesday, as Iraqi exports declined and Nigerian...

Published 31 Jan, 2023 07:44pm

Markets

Putin and Saudi crown prince discuss OPEC+ cooperation to maintain price stability

MOSCOW: Russian President Vladimir Putin held a phone call with Saudi Crown Prince Mohammed Bin Salman on Monday to...

Published 30 Jan, 2023 08:39pm

Signing of deal in March: Refineries to get Russian oil by April-end

Russian and Pakistani companies would sign agreements on spot purchase and long-term LNG contracts under the energy security plan

Updated 27 Jan, 2023 09:02am

Opinion

Oily matters – I

Pakistan’s oil imports are the biggest drain on foreign exchange. Current year’s oil import bill has been...

Published 08 Dec, 2022 06:10am

Furnace oil: Slow upliftment may lead to closure of refineries

ISLAMABAD: Pakistan State Oil (PSO) and local refineries have raised serious concerns on slow upliftment of furnace...

Updated 05 Nov, 2022 11:37am

Opinion

Deregulating the oil sector — II

The two biggest risks are demand-supply manipulation, creating shortages and manipulate prices. Shortages can be...

Published 24 Aug, 2022 05:08am

Opinion

Deregulating the oil sector – I

There has often been talk of deregulating the petroleum sector. There are pros and cons which have been hotly...

Published 20 Aug, 2022 03:41am

Oil refineries’ estimates: POL products’ prices may soar by up to Rs16.48 per litre

OGRA will send summary to finance division seeking revision on Monday

Updated 14 Aug, 2022 04:53pm

Business & Finance

‘Pro-HEVs policies can bring substantial savings’

KARACHI: Pakistan can achieve substantial savings due to policies favouring Hybrid Electric Vehicles (HEVs). The...

Published 12 Jun, 2022 06:55am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 30	278.58
USD PKR Interbank Buying / Dec 30	278.43
USD to Japanese Yen / Dec 30	156.45
USD to Swiss Franc / Dec 30	0.90
Pound Sterling to USD / Dec 30	1.26
Euro to USD / Dec 30	1.04

Stock	Volume
S&P 500 / Dec 30	5,906.94
India Sensex / Dec 30	78,248.13
Tokyo Nikkei / Dec 30	39,894.54
Nasdaq / Dec 30	19,486.79
Hang Seng / Dec 30	20,111.38
FTSE 100 / Dec 30	8,121.01
Dow Jones / Dec 30	42,573.73
Germany DAX 30 / Dec 30	19,909.14

Item	Value
Crude Oil USD/Barrel / Dec 30	71.36
Karachi Cotton PKR/37.32 KG / Dec 30	17,785
Gold 10 Grams PKR / Dec 30	241,430.80
Gold Spot USD/Ounce / Dec 30	2,604.69
Cotton US¢/pound / Dec 30	68.76
Petrol/Litre / Dec 31	252.10

Gainers
Losers
Leaders

Stock	Price
Gulshan Sp. / Dec 31 Gulshan Spinning Mills Limited(GSPM)	4.70 ▲ 0.70 (17.50%)
Pak Int.Bulk / Dec 31 Pakistan International Bulk Terminal(PIBTL)	9.38 ▲ 1.00 (11.93%)
Gulistan Sp. / Dec 31 Gulistan Spinning Mills Limited(GUSM)	9.54 ▲ 0.92 (10.67%)
LSE Financial Serv. / Dec 31 LSE Financial Services Limited(LSEFSL)	15.70 ▲ 1.43 (10.02%)
Chakwal Spinning / Dec 31 Chakwal Spinning Mills Limited(CWSM)	64.67 ▲ 5.88 (10.00%)
Liven Pharma / Dec 31 Liven Pharma Limited(LIVEN)	150.54 ▲ 13.69 (10.00%)
Pak Datacom / Dec 31 Pak Datacom Limited(PAKD)	167.41 ▲ 15.22 (10.00%)
Shahtaj Sugar / Dec 31 Shahtaj Sugar Mills Limited(SHJS)	102.66 ▲ 9.33 (10.00%)
Suhail Jute / Dec 31 Suhail Jute Mills Limited(SUHJ)	131.86 ▲ 11.99 (10.00%)

Stock	Price
Khairpur Sug. / Dec 31 Khairpur Sugar Mills Limited(KPUS)	203.81 ▼ -22.65 (-10.00%)
Zephyr Textile / Dec 31 Zephyr Textiles Limited(ZTL)	10.55 ▼ -0.96 (-8.34%)
Jubilee Spinning / Dec 31 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	10.55 ▼ -0.95 (-8.26%)
Asia Ins. / Dec 31 Asia Insurance Company Limited(ASIC)	13 ▼ -0.99 (-7.08%)
Noon Sugar / Dec 31 Noon Sugar Mills Limited(NONS)	84.01 ▼ -6.33 (-7.01%)
Philip Morris Pak. / Dec 31 Philip Morris (Pakistan) Limited(PMPK)	699 ▼ -51.00 (-6.80%)
Faisal Sp. / Dec 31 Faisal Spinning Mills Limited(FASM)	301.02 ▼ -19.10 (-5.97%)
Cordoba Logistics / Dec 31 Cordoba Logistics & Ventures Limited(CLVL)	17.51 ▼ -1.05 (-5.66%)
TPL Insurance / Dec 31 TPL Insurance Limited(TPLI)	11.36 ▼ -0.46 (-3.89%)

Stock	Volume
Cnergyico PK / Dec 31 Cnergyico PK Limited(CNERGY)	125,613,935 ▲ 0.38
WorldCall Telecom / Dec 31 Worldcall Telecom Limited(WTL)	111,551,930 ▲ 0.02
B.O.Punjab / Dec 31 The Bank of Punjab(BOP)	84,182,656 ▼ -0.01
Silk Bank Ltd / Dec 31 Silkbank Limited(SILK)	48,777,302 ▲ 0.01
K-Electric Ltd. / Dec 31 K-Electric Limited(KEL)	45,320,218 ▲ 0.04
Pak Elektron / Dec 31 Pak Elektron Limited(PAEL)	36,348,761 ▼ -0.12
Sui South Gas / Dec 31 Sui Southern Gas Company Limited(SSGC)	30,315,237 ▼ -0.42
Fauji Foods Ltd / Dec 31 Fauji Foods Limited(FFL)	29,105,477 ▲ 0.43
Pak Int.Bulk / Dec 31 Pakistan International Bulk Terminal(PIBTL)	29,084,406 ▲ 1.00

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