Trends - Russian oil price cap

Russian oil price cap

Putin exempts ‘friendly’ countries from Russian price cap response

MOSCOW: Russian President Vladimir Putin signed a decree exempting the current contracts with so-called “friendly”...

Published 28 Apr, 2023 09:03pm

Markets

Oil exports from Russia’s western ports hit 4-year high in April

MOSCOW: Oil loadings from Russia’s western ports in April will rise to the highest since 2019, above 2.4 million...

Published 19 Apr, 2023 08:25pm

Business & Finance

G7 coalition to keep Russian oil price cap at $60 per barrel

WASHINGTON: The Group of Seven (G7) coalition will keep a $60 per barrel price cap on seaborne Russian oil, a...

Published 18 Apr, 2023 06:21am

Markets

India not obliged to follow Russian oil price cap: ministry source

NEW DELHI: India is not obliged to follow the Russian oil price cap set by the Group of Seven leading economies(G7)...

Updated 14 Mar, 2023 06:45pm

Business & Finance

Indian refiners pay traders in dirhams for Russian oil

NEW DELHI: Indian refiners have begun paying for most of their Russian oil purchased via Dubai-based traders in...

Updated 04 Feb, 2023 10:15am

Markets

Russia set to export large volume of diesel before EU sanctions

Russia is set to increase its diesel exports next month before European Union sanctions on crude oil start in...

Published 30 Dec, 2022 06:21pm

World

Poland ready for Russian oil ban, says minister

WARSAW: Poland is prepared for a Russian ban on oil sales to countries implementing a price cap, the climate...

Published 29 Dec, 2022 06:15pm

Business & Finance

Russia did not consult OPEC+ over oil cap response: Kremlin

MOSCOW: Russia did not consult with OPEC+ on its response to a Western price cap on Russian oil, Kremlin spokesman...

Updated 29 Dec, 2022 08:48am

Markets

‘No practical effect’ of Russian oil exports ban on Germany

BERLIN: A Russian decree that bans the supply of crude oil and oil products to countries abiding by a Western price...

Published 28 Dec, 2022 05:17pm

Markets

Putin bans Russian oil exports to countries that imposed price cap

MOSCOW: President Vladimir Putin on Tuesday delivered Russia’s long-awaited response to a Western price cap, signing...

Published 27 Dec, 2022 10:01pm

Markets

Russia may cut oil output in response to price caps: report

Russia may cut oil output by 5%-7% in early 2023 as it responds to price caps on its crude and oil products by...

Published 23 Dec, 2022 10:37am

Opinion

Russian oil sold to India below price cap in buyers’ market

Russia’s flagship Urals crude has been sold at deeper discounts this month following a European ban on Russian oil...

Published 15 Dec, 2022 06:45am

Markets

Saudi minister sees no clear results yet from Russia price cap

RIYADH: Saudi energy minister Prince Abdulaziz bin Salman said on Sunday the impact of European sanctions on Russian...

Published 12 Dec, 2022 06:55am

World

Saudi energy minister sees no clear results yet from Russia price cap

RIYADH: Saudi energy minister Prince Abdulaziz bin Salman said on Sunday the impact of European sanctions on Russian...

Published 11 Dec, 2022 08:58pm

World

‘Every one of them will be punished’: Kherson hunts for traitors

KHERSON: “Hands in the air! Documents out!” shouted Ukrainian policemen as they levelled their guns at two suspected...

Published 11 Dec, 2022 10:22am

World

Russia oil embargo, price cap disrupts tankers

LONDON: The European Union embargo on Russia's oil and an international cap on the price of the country's crude is...

Updated 11 Dec, 2022 11:24am

Russia could cut oil production over West’s ‘stupid’ price cap

MOSCOW: Russia, the world’s biggest exporter of energy, could cut oil production and will refuse to sell oil to any...

Updated 10 Dec, 2022 09:56am

World

Putin says Russia may cut oil production over West’s price cap

MOSCOW: Russia, the world’s biggest exporter of energy, may cut oil production and will refuse to sell oil to any...

Updated 09 Dec, 2022 08:12pm

Markets

China buys Russian oil at multi-month low discounts, brushes off price cap

SINGAPORE: China is paying the deepest discounts in months for Russian ESPO crude oil amid weak demand and poor...

Published 09 Dec, 2022 05:58am

Markets

Russia’s Jan-Nov oil output up 2% ahead of EU ban, price caps

MOSCOW: Russia’s January-November oil and gas condensate production rose 2.2% from a year earlier to 488 million...

Published 06 Dec, 2022 08:46pm

Oil falls nearly 3pc after data raises Fed interest rate worries

NEW YORK: Oil prices fell nearly 3% on Monday, following US stock markets lower, after US service sector data raised...

Published 06 Dec, 2022 05:58am

Markets

OPEC+ will keep oil policy unchanged in review talks: sources

LONDON/DUBAI: OPEC+ will likely stick to its oil output targets when it meets on Sunday, five OPEC+ sources said on...

Updated 03 Dec, 2022 10:09pm

World

Russia: price cap is ‘dangerous’ and will not curb demand for our oil

Russia said on Saturday it would continue to find buyers for its oil, despite what it said was a “dangerous” attempt...

Published 03 Dec, 2022 02:14pm

World

Zelenskiy’s chief of staff: Price cap on Russian oil should be lowered to $30 a barrel

KYIV: The price cap on Russian seaborne crude oil agreed to by the Group of Seven nations and Australia on Friday...

Published 03 Dec, 2022 01:39pm

Business & Finance

OPEC set to stick or cut more amid plan to cap Russian oil price

LONDON: Major oil producers are expected to stick to their current output strategy or even slash production further...

Updated 03 Dec, 2022 09:58am

World

The G7’s price cap on Russian oil begins to take shape

WASHINGTON: The Group of Seven countries is working to cap the price of Russian oil in an attempt to limit Moscow’s...

Published 12 Sep, 2022 05:46pm

Markets

US says Russia oil price cap should reflect historical prices, curb Putin profit

SINGAPORE/WASHINGTON: The price cap that G7 countries want to impose on Russian oil to punish Moscow should be set...

Published 09 Sep, 2022 09:02pm

Markets

EU to propose price cap on Russian gas, von der Leyen says

BRUSSELS: The European Commission will propose a price cap on Russian gas, alongside measures including a mandatory...

Published 07 Sep, 2022 04:47pm

Markets

Putin says Russia to stop supplying energy if Western price caps imposed

VLADIVOSTOK: President Vladimir Putin on Wednesday threatened to cut off energy supplies if price caps are imposed...

Published 07 Sep, 2022 04:43pm

Markets

A cap on Russian oil prices? G7 eyes untried, risky plan

NEW YORK: Capping the price of Russian oil, an approach G7 members said Friday they want to pursue “urgently,” would...

Published 04 Sep, 2022 11:06am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

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Russian oil price cap

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