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petroleum

Petroleum levy target: a Rs215 billion cut

The IMF Article IV Report detailing the contours of Pakistan’s latest Extended Financing Facility (EFF) is finally...

Published 15 Oct, 2024 09:12am

Exchange rate for calculating petroleum prices adjusted

ISLAMABAD: The government adjusted the exchange rate used for calculating petroleum products prices with effect from...

Updated 17 Sep, 2024 03:34pm

BR Research

Petroleum imports snapshot

The previous fiscal year, FY23, witnessed a slump in petroleum product imports as the demand for petroleum products...

Published 19 Aug, 2024 07:49am

Prices of petrol, diesel slashed

ISLAMABAD: Finance Division has notified reduction in petroleum prices up to Rs8.47 per litre with effect from...

Updated 14 Aug, 2024 10:14am

Markets

PPL augments production

KARACHI: Pakistan Petroleum Limited (PPL) has announced a substantial augmentation in its production output, with ...

Published 24 Apr, 2024 03:50am

Business & Finance

Jul-Mar petroleum group imports dip 7.63pc

ISLAMABAD: Petroleum group imports have decreased by 7.63 per cent to $12.084 billion during July-March 2024 from...

Published 19 Apr, 2024 05:07am

Business & Finance

March sales of petroleum products jump 4pc YoY

KARACHI: The total sales of petroleum products in the country increased by 4 percent on year-on-year basis to 1.15...

Published 03 Apr, 2024 05:29am

Gas from new discoveries: SNGPL opposes giving half share to ‘third party players’

ISLAMABAD; Sui Northern Gas Pipeline Company Limited (SNGPL) has opposed allocation of 50 per cent indigenous gas...

Updated 29 Jan, 2024 09:37am

Business & Finance

Petroleum concession deals, exploration licences signed

ISLAMABAD: Petroleum Concession Agreements (PCAs) and Exploration Licences (ELs) over block no Kotra East (2867-8),...

Updated 25 Jan, 2024 09:41am

Jul-Dec: Petroleum group imports down 13.78pc YoY

ISLAMABAD: Petroleum group imports witnessed a negative growth of 13.78 per cent during the first half...

Updated 20 Jan, 2024 08:30am

Dec petroleum products’ sales fall 7pc YoY

KARACHI: Total sales of petroleum products in the country declined by 7.0 percent on year-on-year basis to 1.24...

Updated 03 Jan, 2024 09:28am

Govt decides to revise oil prices on weekly basis

Updated 26 Nov, 2023 09:40pm

Markets

Jul-Oct: Petroleum group imports register negative growth of 16.93pc

ISLAMABAD: Petroleum group imports witnessed a negative growth of 16.93 percent during the first four months...

Published 18 Nov, 2023 06:03am

Markets

POL sales plunge 24% YoY amid high prices, economic distress

Sale of total petroleum products clocked in at 1.26 million tons in October

Updated 02 Nov, 2023 05:11pm

Business & Finance

Mideast conflict: Oil investors rotate from WTI to Brent: Kemp

LONDON: Portfolio investors tiptoed back into the petroleum market last week, after three weeks of heavy selling, as...

Published 24 Oct, 2023 05:05am

BR Research

Wholesale price hike: Far from over

If petroleum does not do it, electricity will. That has been the story of wholesale prices for a while as WPI index...

Published 04 Aug, 2023 08:25am

Pakistan

MPCL drills, tests another well in Daharki

KARACHI: Mari Petroleum Company Limited (MPCL) has successfully drilled and tested a second horizontal development...

Published 28 Jul, 2023 03:03am

Business & Finance

Petroleum dealers’ margin: Final report to be released tomorrow

KARACHI: The State Minister for Petroleum Dr Musadaik Malik has said that increase in petroleum dealers’ margin...

Published 23 Jul, 2023 03:25am

Business & Finance

Bonded Bulk Storage Policy will end fuel hoarding, reduce pressure on rupee: Musadik Malik

Minister says second Russian oil shipment has reached Pakistan

Updated 28 Jun, 2023 08:16pm

Opinion

Managing energy imports to save forex reserves

Pakistan relies on imports for 49 percent of its primary energy supplies, which strains its already limited foreign...

Updated 22 Jun, 2023 06:12am

Markets

Pakistan’s petroleum sales plummet 40% year-on-year in May

Sale of petroleum products in Pakistan clocked in at 1.3 million tons in May 2023, a decline of over 40%...

Published 02 Jun, 2023 04:42pm

Business & Finance

Recovery of Rs445bn GIDC: Petroleum Div seeks help of AGP

ISLAMABAD: The Petroleum Division has sought the Attorney General of Pakistan (AGP)’s assistance in recovering Rs...

Published 07 Mar, 2023 03:16am

Business & Finance

Jul-Jan petroleum group imports show negative growth

ISLAMABAD: Petroleum group imports witnessed a negative growth of 9.27 percent during the first seven months...

Published 18 Feb, 2023 03:33am

Editorials

Fixing power sector will be a long haul

EDITORIAL: Pakistan’s energy imports - petroleum, LNG, LPG, and coal-stood at $25 billion in the last fiscal ...

Published 10 Feb, 2023 03:56am

BR Research

Petroleum consumption ebbing

The downward streak in petroleum consumption continues as January 2023 sales by the oil marketing companies fall by...

Published 03 Feb, 2023 09:30am

Markets

PD seeks extension in D&PL for Hala Block

ISLAMABAD: Petroleum Division has sought extension in Adam X-1 Development and Production lease (D&PL) for Hala...

Published 25 Jan, 2023 06:25am

Business & Finance

Petroleum group imports show negative growth

ISLAMABAD: Petroleum group imports witnessed a negative growth of 8.80 percent during the first half (July-December)...

Published 20 Jan, 2023 06:10am

Fuel prices kept unchanged amid speculation

Government adjusts rates of petroleum levy (PL) with effect from today

Updated 16 Jan, 2023 09:40am

Business & Finance

No change in prices of petroleum products: Ishaq Dar

Price of petrol will remain at Rs214.80 and diesel will remain at Rs227.80

Published 15 Jan, 2023 03:54pm

Markets

Petroleum products: sales down 11% year-on-year to 1.33mn tons in December

Sales of total petroleum products clocked in at 1.33 million tons in December 2022, a decline of over 11% on a...

Published 03 Jan, 2023 03:37pm

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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