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Russian crude

Pakistan seeks deal to import up to 1mn tons of Russian oil per year: TASS

MOSCOW: Mohammad Ali, Pakistan’s caretaker energy minister, said on Thursday that Islamabad was considering signing...

Updated 12 Oct, 2023 10:43pm

Markets

Cnergyico imports Pakistan’s first private-sector Russian crude cargo

KARACHI: Pakistan refiner Cnergyico has imported the country’s first private-sector shipment of Russian crude oil,...

Updated 02 Oct, 2023 03:50pm

World

Russia shoots down six Ukrainian drones over southern and western regions

MOSCOW: Russia said on Sunday that air defences had shot down five Ukrainian drones over the western Smolensk region...

Updated 01 Oct, 2023 09:41pm

Business & Finance

11.8-kg LPG cylinder: OGRA notifies Rs246.15 price increase for October

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA), on Saturday notified 8.7 percent or Rs246.15 increase in...

Published 01 Oct, 2023 02:59am

Markets

Pakistan receives first shipment of Russian LPG, Russian embassy says

Shipment, which the embassy says was delivered with Iranian help, comes after Pakistan received its first-ever delivery of Russian crude under a deal struck earlier this year

Updated 27 Sep, 2023 04:40pm

Markets

Abundant, cheap Iranian oil supply to cap Russian prices in China

SINGAPORE: Rising prices of a popular Russian crude sold to China are poised to peak soon as more independent...

Published 27 Aug, 2023 03:05am

Markets

China hugely boosts crude stockpiling on cheap Russian oil

LAUNCESTON, (Australia): China boosted its stockpiling of crude oil to the highest level in three years in June,...

Published 27 Jul, 2023 06:26am

Govt to import 100,000 tons of Russian oil every month

KARACHI: In a bid to ensure cheap energy in the country, the government will import 100,000 tons of Russian crude ...

Updated 23 Jul, 2023 10:34am

Markets

Oil rises on US crude draw, Iraqi supply risks

LONDON: Oil prices rose on Thursday as a surprise drop in US crude stockpiles and a halt in exports from Iraq’s...

Updated 30 Mar, 2023 06:18pm

Markets

West African crude

LONDON: Offers for some varieties of West African crude climbed on Thursday on relatively high refining margins in...

Published 27 Jan, 2023 06:15am

Markets

Oil prices rise further on stronger China outlook

LONDON: Oil prices rose by 1% on Monday to $88.50 a barrel, extending last week’s gains on the back of a stronger...

Updated 23 Jan, 2023 06:21pm

Markets

Oil heads for second week of gains on China demand outlook

LONDON: Oil rose on Friday and was heading for a second straight weekly gain, spurred largely by brightening...

Updated 20 Jan, 2023 08:38pm

Markets

Europe boosts Russian diesel buying ahead of ban set to rock market

LONDON: European traders are rushing to fill tanks with Russian diesel as the clock runs down on a Feb. 5 European...

Published 16 Jan, 2023 09:37pm

Markets

Discounted oil: Russian delegation to reach Pakistan tomorrow

A high-level delegation from Russia, including its minister for energy, will reach Pakistan on Tuesday (January 17)...

Published 16 Jan, 2023 04:54pm

Business & Finance

‘OPEC+ faces oil market volatility in both supply & demand’

CAIRO: OPEC+ is facing “volatile prospects” in oil markets both in supply and demand, UAE energy minister Suhail...

Published 15 Jan, 2023 04:01am

Markets

India to remain top buyer of Russia’s Urals crude in Dec

MOSCOW: India is taking most of Russia’s Urals crude oil loading in December as it remains top buyer for a second...

Published 16 Dec, 2022 07:36pm

Pakistan

Musadik Malik reiterates Russia will provide Pakistan crude at ‘discounted rates'

State minister says govt working with Azerbaijan on a gas purchase framework agreement as well

Updated 16 Dec, 2022 07:24pm

World

Ukraine slams India for buying Russian oil

NEW DELHI: Ukraine’s foreign minister condemned India’s ramping up of Russian oil purchases following Moscow’s...

Published 06 Dec, 2022 05:58pm

Markets

Oil dips ahead of OPEC+ meeting

HOUSTON: Oil futures slipped by about $1 a barrel in choppy trading on Friday ahead of a meeting of the Organization...

Published 04 Dec, 2022 03:37am

Markets

Gasoil margins, premiums fall

SINGAPORE: Asia’s 10 ppm sulphur gasoil margins and premiums extended losses on Tuesday as oil futures surged at a...

Published 30 Nov, 2022 05:53am

Markets

Saudi Arabia may cut Jan Arab Light price for Asia to 10-month low

SINGAPORE: Top oil exporter Saudi Arabia may cut crude prices for Asia in January following a bearish trading cycle...

Published 29 Nov, 2022 09:56am

Markets

Yellen to travel to India, G20 summit as forum struggles with Ukraine war

WASHINGTON: US Treasury Secretary Janet Yellen will travel to India and the Group of 20 Summit in Indonesia next...

Published 04 Nov, 2022 02:16pm

Markets

Oil prices slide, hit 9-month lows as dollar strengthens

LONDON: Oil prices hit nine-month lows on Monday in choppy trade, pressured by a strengthening dollar as market...

Published 27 Sep, 2022 04:06am

Markets

Oil edges up as strong economic data feeds hopes for demand

Front-month Brent prices last week hit the lowest since February

Updated 08 Aug, 2022 08:54pm

US to let Eni, Repsol ship Venezuela oil to Europe for debt

HOUSTON/WASHINGTON: Italian oil company Eni SpA and Spain’s Repsol SA could begin shipping Venezuelan oil to ...

Updated 06 Jun, 2022 09:37am

Markets

Indian private refiners profit from cheap Russian crude, state refiners suffer

NEW DELHI: There’s a split emerging in India’s refining sector as private refiners tap cheap Russian crude and boost...

Published 01 Jun, 2022 07:29pm

Perspectives

Oil prices: the biggest tail-risk for Pakistan’s economy

A tail-risk is an event that has an extremely low probability of occurring but when it does, the loss is severe and...

Published 01 Jun, 2022 07:22pm

India’s imports of cheap Russian crude surge

NEW DELHI: India has received 34 million barrels of discounted Russian oil since Moscow invaded Ukraine on Feb. 24,...

Published 31 May, 2022 05:11am

Markets

Russia sends record volumes of oil to India, China

KARACHI: While Europe shuns Russian oil amid sanctions and expectations of an oil embargo on Russian oil imports,...

Published 28 May, 2022 05:11am

Markets

China’s Iranian oil imports ease on poor margins, lure of Russian oil

SINGAPORE/LONDON: China’s Iranian oil imports in April came off peak volumes seen in late 2021 and early 2022 as...

Published 09 May, 2022 11:38am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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