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oil reserves

Brent hovers above $83 as inflation data takes centre stage

LONDON: Oil prices edged higher on Monday after losing about $1 a barrel in the previous session on signs that U.S....

Updated 13 May, 2024 06:30pm

Markets

Iraq hopes oil reserves will exceed 160bn barrels: minister

BAGHDAD: Iraq, one of the world’s biggest oil producers, aims to boost its crude reserves to more than 160 billion...

Published 11 May, 2024 06:34pm

Business & Finance

June oil reserves decline 17pc to 193m bbl YoY

KARACHI: The country’s oil reserves declined by 17 percent to stand at 193 million bbl in June 2023 as compared to...

Updated 09 Sep, 2023 07:01am

Markets

OGDCL’s KP well sees major boost in production

Oil & Gas Development Company Limited (OGDCL), the country’s largest hydrocarbon exploration firm, has achieved...

Updated 30 Aug, 2023 07:43pm

Markets

OGDCL commences oil & gas production from KPK field

Company is set to start production from its Wali (Bettani) Gas Field, integrating it into the national grid

Published 15 Jun, 2023 03:48pm

Opinion

Riyal politic

Once again Saudi Arabia is using its position as the financial superpower of the Middle East – it sits on top of ...

Updated 25 May, 2023 07:12am

Markets

US oil may retest support at $77.16

SINGAPORE: U.S. oil may retest a support at $77.16 per barrel, a break below which could open the way towards...

Published 23 Dec, 2022 10:51am

Markets

OGDCL discovers oil & gas reserves in Sindh

Oil and Gas Development Company Limited (OGDCL), the largest oil and gas exploration company in Pakistan, on Monday...

Updated 19 Dec, 2022 04:36pm

Markets

OGDCL discovers oil reserves in Punjab

Company says latest oil discovery further extends hydrocarbon play area in Pothohar basin

Updated 27 Oct, 2022 03:54pm

Saudi blasts release of oil reserves ‘to manipulate markets’

RIYADH: Saudi Arabia’s energy minister on Tuesday blasted the release of emergency oil stocks as an attempt to...

Updated 26 Oct, 2022 09:28am

Markets

Biden to release 15m barrels from US oil reserves

WASHINGTON: President Joe Biden will announce Wednesday he’s putting the final 15 million barrels on the market...

Published 20 Oct, 2022 05:36am

Markets

Biden, battling high gas prices, says US will tap, refill oil reserve

WASHINGTON: President Joe Biden said Wednesday the United States will sell 15 million barrels from the nation's...

Published 19 Oct, 2022 11:17pm

Business & Finance

June oil reserves decline 7pc to 233m bbl YoY

KARACHI: The oil reserves have reduced by 7.0 percent on year-on-year basis, arriving at 233 million bbl during June...

Published 26 Aug, 2022 06:00am

Pakistan

IMF being lenient with current government: Shaukat Tarin

Former finance minister says global lender asked PTI to match policy rate with headline inflation instead of core inflation

Updated 22 Jun, 2022 06:28pm

Markets

OGDCL discovers oil, gas reserves in Sindh and Punjab

Discoveries made in Rajanpur, Punjab and district Tando Allah Yar, Sindh

Published 22 Jun, 2022 11:47am

Markets

Russian isolation won’t spark ‘acute’ oil supply crunch: IEA

PARIS: Russia’s growing isolation will not create an “acute” global oil supply crunch as production from other...

Published 13 May, 2022 05:59am

Markets

Most Gulf markets recoup losses; Abu Dhabi gets Etisalat boost

DUBAI: Most Gulf markets ended flat or slightly higher on Thursday, recovering from earlier losses after oil prices...

Published 01 Apr, 2022 05:41am

Markets

India indicates readiness to release more oil reserves

NEW DELHI: India will take “appropriate” steps to calm the rise in oil prices, triggered by Russia’s invasion...

Updated 15 Mar, 2022 06:36am

Markets

India to release additional crude from its stocks

NEW DELHI: India is prepared to release additional crude from its national stocks in support of efforts by other...

Published 27 Feb, 2022 06:39am

World

China boosts oil reserves, ignoring US push for global release

LONDON: China has ramped up purchases into its oil reserves this year even as oil prices soared, despite calls from...

Published 26 Feb, 2022 04:37am

Markets

India to release 5mn bbls oil from strategic reserves in coordination with other buyers

NEW DELHI: India will release 5 million barrels of oil from its strategic reserves in coordination with other buyers...

Published 23 Nov, 2021 05:46pm

Markets

Japan PM confirms oil reserves may be released to curb prices

TOKYO: Japan is considering releasing oil from its reserves for the first time to curb surging oil prices, Kyodo ...

Published 21 Nov, 2021 04:19am

Markets

Japan considers releasing oil reserves to curb prices

TOKYO: Japan's government is considering releasing oil from its reserves in response to rising crude oil prices,...

Published 20 Nov, 2021 10:40am

Asia looks to release oil reserves after US request

TOKYO: The world’s biggest economies said on Thursday they were looking into releasing oil from their strategic...

Published 19 Nov, 2021 04:35am

World

White House: US is discussing joint release of oil reserves with other countries

WASHINGTON: The United States has discussed with China and a wide range of other countries the possibility of a ...

Updated 19 Nov, 2021 01:46am

Pakistan

‘Policy shift needed to build up edible oil stocks’

ISLAMABAD: A major policy shift is needed to build up local edible oil reserves/ stocks and motivate farmers for...

Published 09 Nov, 2021 04:48am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Karachi Cotton PKR/37.32 KG / Nov 16	18,085
Petrol/Litre / Nov 17	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 17 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 17 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 17 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 17 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 17 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 17 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 17 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 17 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 17 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

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