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Russian oil and gas

India’s Russian oil buying scales new highs in May

NEW DELHI: India’s rising imports of Russian oil hit a record high of about 1.95 million barrels per day (bpd) in...

Published 21 Jun, 2023 06:23pm

Markets

Oil gains for the week as supply cuts balance demand concerns

NEW YORK: Oil rose on Friday and posted a weekly gain, as higher Chinese demand and OPEC+ supply cuts lifted prices,...

Published 19 Jun, 2023 06:55am

World

Russia halts pipeline oil supplies to Poland, PKN Orlen CEO says

WARSAW: Russia has halted supplies of oil to Poland via the Druzhba pipeline, Daniel Obajtek, chief executive...

Published 25 Feb, 2023 07:27pm

Markets

Russia plans deep March oil export cuts

MOSCOW/LONDON: Russia plans to cut oil exports from its western ports by up to 25% in March versus February,...

Published 22 Feb, 2023 09:48pm

Russian oil and gas will start reaching this year: govt

LAHORE: Minister of State for Petroleum Division Dr Musadiq Masood Malik has said under the Pak-Russia agreement,...

Updated 20 Feb, 2023 08:52am

Markets

EU seeks agreement on Russian fuel price caps

BRUSSELS: EU member states looked to reach a deal on Friday on price caps for Russian petroleum products, ahead of...

Published 03 Feb, 2023 05:39pm

Markets

Russia boosts LNG exports to Europe by 20% in 2022

MOSCOW: Russia supplied Europe with some 17 million tonnes of liquefied natural gas (LNG) last year, up about 20%...

Published 31 Jan, 2023 07:08pm

Business & Finance

Russian gas supply hit pushes India’s GAIL to scout for long-term LNG

NEW DELHI: GAIL (India) Ltd is scouting for long-term gas import deals and hopes to sign one contract shortly to...

Published 30 Jan, 2023 08:21pm

Markets

White House says discussions have begun with India on Russia gas cap implementation

ABOARD AIR FORCE ONE: White House national security adviser Jake Sullivan said on Tuesday discussions have begun...

Published 28 Jun, 2022 07:18pm

Editorials

Energy: From Russia with love

EDITORIAL: A Business Recorder exclusive notes that the Shehbaz Sharif-led government has begun to consider ...

Updated 28 Jun, 2022 08:06am

Markets

Gazprom’s gas exports to Europe via Ukraine remain steady

Russian gas producer Gazprom said its supply of gas to Europe through Ukraine via the Sudzha entry point was seen at...

Published 04 Jun, 2022 12:56pm

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

Markets

Cash-strapped Sri Lanka gets Russian oil to ease shortages

COLOMBO: Cash-strapped Sri Lanka took delivery Saturday of Russian oil -- which could soon be subject to a European...

Published 28 May, 2022 09:06pm

Markets

India’s GAIL open to buying Russian oil and gas assets, chair says

NEW DELHI: India’s largest gas transmitter GAIL is open to buying Russian oil and gas assets shunned by Western...

Published 27 May, 2022 07:52pm

Markets

Ukraine finance minister calls for total embargo on Russian oil and gas

KYIV: Ukrainian Finance Minister Serhiy Marchenko called on Friday for a complete international embargo on Russian...

Published 06 May, 2022 05:31pm

Markets

Russian oil output falls below 10mn bpd, lowest since July 2020

Russian oil and gas condensate production fell below 10 million barrels per day (bpd) on Monday to its lowest since...

Published 12 Apr, 2022 09:32pm

World

US and NATO allies pledge more arms to Ukraine

BRUSSELS: The United States will send new weapon systems to Ukraine, Washington's top diplomat said on Thursday ...

Published 07 Apr, 2022 10:45pm

Editorials

Country needs an ‘energy emergency’

EDITORIAL: The US-led West is placing sanctions on Russia. These have global repercussions in terms of energy ...

Published 14 Mar, 2022 07:01am

Markets

Russian annual oil output recovers in 2021 after slump

MOSCOW: Russia’s annual oil production rose by more than 2% last year thanks to the easing of output cuts by the...

Published 03 Jan, 2022 06:42am

Markets

Russian oil output rises to 10.22mn bpd in March 1-28

The rise in production has followed a slump in February, when Russian oil and gas condensate production declined from 10.16 million in January.
A source familiar with Russia's thinking said on Monday Russia would support broadly stable oil output by OPEC+ group of leading global oil producers in May.

Published 29 Mar, 2021 06:09pm

Business & Finance

Russian offline primary oil refining capacity revised up for April

The revision follows adjustments to maintenance schedules by some refineries.
The expected offline capacity for March, on contrary, has been revised downwards to 1.779 million tonnes, down by 0.8% from the previous schedule.

Published 29 Mar, 2021 06:07pm

Markets

Russia's January oil and gas condensate output rises to 10.16mn bpd

Starting from February, Russia is due to raise its oil output by another 65,000 bpd.

Published 02 Feb, 2021 11:51am

Markets

Surgut, Paramount sell March-loading ESPO crude at higher spot premiums

The Surgut cargoes were offered to load over Mar. 17-24, Mar. 20-27, Mar. 24-29 and Mar. 28-31.

Published 20 Jan, 2021 11:58am

Markets

Russia has boosted oil output by 150,000 bpd so far in Jan

Oil and gas condensate production stood at 10.04 million bpd on average in December.
Russia has said it would raise its crude oil production in January by around 125,000 bpd as curbs by the OPEC+ group of leading global oil producers were tapered off.

Published 15 Jan, 2021 06:12pm

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
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
Cotton US¢/pound / Nov 21	70.60
Petrol/Litre / Nov 22	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 22 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 22 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 22 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 22 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 22 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 22 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 22 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 22 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 22 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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