Trends - PETROLEUM DIVISION - Business Recorder

PETROLEUM DIVISION

Govt reduces petrol price by Re1, keeps diesel price unchanged

The new prices come into effect from March 29

Published about 21 hours ago

Business & Finance

Reko Diq comes under renewed ECC focus

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet met on Tuesday with Federal Minister for Finance...

Published 26 Mar, 2025 05:25am

July-Feb 2024-25: More revenue likely by increasing PL by Rs10/litre

ISLAMABAD: The federal government anticipates generating additional revenue from March 15 to 31 by increasing the...

Updated 18 Mar, 2025 09:32am

Jet fuel supplies: ‘PSOCL’s outstanding amount from PIA accumulated to Rs28.88bn as of Feb’

ISLAMABAD: Minister for Energy (Petroleum Division) Ali Pervaiz Malik said that Pakistan State Oil Company Limited’s...

Updated 13 Mar, 2025 09:19am

Pakistan

Govt reduces petrol, diesel prices for next fortnight

New prices come into effect from March 1, 2025

Published 28 Feb, 2025 11:40pm

MoE, affiliated depts: PD panel examines budget proposals for PSDP

ISLAMABAD: A meeting of the Standing Committee on Energy (Petroleum Division) was convened on Thursday to examine...

Updated 28 Feb, 2025 09:15am

Business & Finance

OGDCL, E&P to organise ‘Minerals Investment Forum’

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production (E&P)...

Published 27 Feb, 2025 08:08am

PD set to clear ethanol-blending policy draft

ISLAMABAD: The Petroleum Division is all set to take up draft of volunteer-based ethanol-blending policy to reduce...

Updated 09 Feb, 2025 09:58am

Pakistan

Govt raises petrol price by Re1, HSD’s by Rs7 per litre

New prices come into effect from Feb 1, 2025

Published 31 Jan, 2025 11:41pm

Domestic consumers spared: Gas made costlier for captive power plants

ECC approves a gas tariff increase from Rs3,000 to Rs3,500 per mmbtu for captive power plants, effective from February 1, 2025

Updated 26 Jan, 2025 10:39am

Markets

Pakistan, World Bank agree to expedite implementation of Dasu Hydropower Project

Power minister seeks funds, investment for installation of smart metres at distribution level transformers

Updated 24 Jan, 2025 10:25pm

Gas cost equalisation: SNGPL seeks support of Petroleum Div

ISLAMABAD: Sui Northern Gas Pipeline Limited (SNGPL) has sought Petroleum Division’s support for finalisation of gas...

Updated 22 Jan, 2025 03:28pm

Pakistan

Govt hikes petrol price by Rs3.47, HSD’s by Rs2.61 per litre

New prices come into effect from January 16, 2025

Published 15 Jan, 2025 11:26pm

Case against PEL: FHL seeks PD’s support in enforcing SICC ruling

ISLAMABAD: Frontier Holdings Ltd (FHL), a foreign oil and gas exploration company, has requested assistance from the...

Updated 11 Jan, 2025 08:52am

Prioritising imported RLNG to domestic gas harms energy sector

ISLAMABAD: Pakistan’s energy sector is grappling with escalating financial issues, primarily driven by the forced...

Updated 02 Jan, 2025 09:42am

Pakistan

Govt increases petrol price by Re0.56, HSD’s by Rs2.96 per litre

New prices come into effect from January 1, 2025

Published 31 Dec, 2024 11:39pm

Timelines of bidding process sought from PD

ISLAMABAD: The Executive Committee (EC) of the Special Investment Facilitation Council (SIFC) has directed the...

Updated 30 Dec, 2024 03:41pm

Fertilizer plants: Subsidised gas supply fuels circular debt

Federal Cabinet discusses issue of supply of gas to local fertilizer industry

Updated 30 Dec, 2024 02:43pm

Gas supply resumption: SIFC directs JJCL, SSGCL to seal deal by Jan 15th

ISLAMABAD: The Special Investment Facilitation Council (SIFC) has directed Jamshoro Joint Venture Limited (JJCL) and...

Updated 28 Dec, 2024 03:09pm

Cabinet renews licences of four firms involved in explosives import, export

ISLAMABAD: The Federal Cabinet has extended licences of four existing firms engaged in export and import of...

Updated 28 Dec, 2024 02:41pm

Payables by power cos to gas utilities: LPS on GDS hits alarming mark

ISLAMABAD: The amount of Late Payment Surcharge (LPS) on Gas Development Surcharge (GDS) payables by power companies...

Updated 27 Dec, 2024 09:05am

Business & Finance

LCCI praises ministry for releasing imported chemicals from ports

LAHORE: The Lahore Chamber of Commerce & Industry has expressed deep appreciation to the Ministry of Energy’s...

Published 29 Nov, 2024 08:10am

Editorials

Selling gas to third parties

EDITORIAL: Whatever the pros and cons of the Petroleum Division’s decision to sell 35 percent of future gas...

Published 24 Nov, 2024 03:08am

Petroleum Div for selling 100mmcfd gas to third party

ISLAMABAD: Petroleum Division has prepared a summary for the Executive Committee of National Economic Council...

Updated 20 Nov, 2024 09:24am

Pakistan

Overlooked in decision making: Musadik takes aim at top bureaucrats

ISLAMABAD: Minister for Petroleum and Natural Resources, Senator Dr. Musadik Masood Malik is reportedly annoyed with...

Published 19 Nov, 2024 06:34am

Sale of 35pc of unallocated gas: Govt strikes deal to submit framework to Ecnec

ISLAMABAD: The high-powered committee of the federal government reached an in-principle agreement to submit a...

Updated 19 Nov, 2024 03:12pm

Pakistan

Govt keeps petrol, diesel prices unchanged

Prices of petrol and HSD to remain at Rs248.38, and Rs255.14 per litre, respectively

Updated 16 Nov, 2024 12:36am

PD misses SIFC deadline to resolve issues facing oil refineries

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 28	281.85
USD PKR Interbank Buying / Mar 28	279.71
USD to Japanese Yen / Mar 28	149.88
USD to Swiss Franc / Mar 28	0.88
Pound Sterling to USD / Mar 28	1.29
Euro to USD / Mar 28	1.08
UK LIBOR % / Mar 27	4.96

Stock	Volume
S&P 500 / Mar 28	5,580.94
India Sensex / Mar 28	77,414.92
Tokyo Nikkei / Mar 28	37,120.33
Nasdaq / Mar 28	17,322.99
Hang Seng / Mar 28	23,426.60
FTSE 100 / Mar 28	8,658.85
Dow Jones / Mar 28	41,583.90
Germany DAX 30 / Mar 28	22,461.52
France CAC40 / Mar 28	7,916.08

Item	Value
Gold 10 Grams PKR / Mar 27	275,205
Crude Oil USD/Barrel / Mar 28	69.10
Karachi Cotton PKR/37.32 KG / Mar 28	17,085
Gold Spot USD/Ounce / Mar 28	3,117.20
Cotton US¢/pound / Mar 28	66.90
Petrol/Litre / Mar 29	255.63
Diesel/Litre / Mar 29	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel (R) / Mar 27 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	4.01 ▲ 1 (33.22%)
Parmount Sp. / Mar 27 Paramount Spinning Mills Limited(PASM)	4.10 ▲ 0.59 (16.81%)
Shaheen Ins. / Mar 27 Shaheen Insurance Company Limited(SHNI)	7.50 ▲ 0.97 (14.85%)
Popular Islamic / Mar 27 Popular Islamic Modaraba(PIM)	15.02 ▲ 1.37 (10.04%)
Diamond Ind. / Mar 27 Diamond Industries Limited(DIIL)	33.83 ▲ 3.08 (10.02%)
Sardar Chemical / Mar 27 Sardar Chemical Industries Limited(SARC)	35.95 ▲ 3.27 (10.01%)
J.K.Spinning / Mar 27 J.K. Spinning Mills Limited(JKSM)	69.58 ▲ 6.33 (10.01%)
Data Agro / Mar 27 Data Agro Limited(DAAG)	106.28 ▲ 9.66 (10%)
Leiner Pak Gelat / Mar 27 Leiner Pak Gelatine Limited(LPGL)	121.88 ▲ 11.08 (10%)
Allawasaya Tex / Mar 27 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	1,429.95 ▲ 130 (10%)

Stock	Price
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	11.60 ▼ -98.09 (-89.42%)
Elahi Cot. / Mar 27 Elahi Cotton Mills Limited(ELCM)	135.93 ▼ -15.1 (-10%)
Khalid Siraj / Mar 27 Khalid Siraj Textile Mills Limited(KSTM)	8.03 ▼ -0.87 (-9.78%)
PIA Holding Co.B / Mar 27 PIA Holding Company Limited B(PIAHCLB)	874.01 ▼ -93.68 (-9.68%)
Saritow Spinning / Mar 27 Saritow Spinning Mills Limited(SSML)	18.90 ▼ -1.75 (-8.47%)
Cordoba Logistics / Mar 27 Cordoba Logistics & Ventures Limited(CLVL)	12.61 ▼ -1.15 (-8.36%)
Sally Textile / Mar 27 Sally Textile Mills Limited(SLYT)	11.01 ▼ -0.99 (-8.25%)
Masood Textile / Mar 27 Masood Textile Mills Limited(MSOT)	49.06 ▼ -4.27 (-8.01%)
Universal Ins. / Mar 27 The Universal Insurance Company Limited(UVIC)	9.57 ▼ -0.73 (-7.09%)
Al-Khair Gadoon / Mar 27 Al-Khair Gadoon Limited(AKGL)	42 ▼ -3.1 (-6.87%)

Stock	Volume
Cnergyico PK / Mar 27 Cnergyico PK Limited(CNERGY)	45,325,056 ▲ 0.31
Pak Elektron / Mar 27 Pak Elektron Limited(PAEL)	29,179,304 ▲ 0.67
P.S.O. / Mar 27 Pakistan State Oil Company Limited(PSO)	26,879,128 ▲ 1.58
Arif Habib Corp / Mar 27 Arif Habib Corporation Limited(AHCL)	20,499,919 ▼ -98.09
WorldCall Telecom / Mar 27 Worldcall Telecom Limited(WTL)	16,191,931 ▼ -0.03
B.O.Punjab / Mar 27 The Bank of Punjab(BOP)	16,148,304 ▼ -0.2
Pak Petroleum / Mar 27 Pakistan Petroleum Limited(PPL)	15,934,134 ▼ -1.85
Engro Fert. / Mar 27 Engro Fertilizers Limited(EFERT)	14,419,464 ▲ 0.5
Fauji Cement / Mar 27 Fauji Cement Company Limited(FCCL)	14,194,696 ▲ 0.53
Maple Leaf Cement / Mar 27 Maple Leaf Cement Factory Limited(MLCF)	11,282,647 ▲ 0.09

Markets →

Budget 2024-25: income tax calculator for FY25

PETROLEUM DIVISION

Most Popular