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Energy

Oil rises more than 2pc on firm yuan, expectations of more OPEC cuts

NEW YORK: Oil jumped more than 2% on Thursday on expectations that falling prices could lead to production cuts, cou

Published 08 Aug, 2019 07:54pm

Energy

Petrobras delays delivery of bids for LPG unit to next week

RIO DE JANEIRO: Brazil's state-controlled oil company Petroleo Brasileiro SA has delayed until next week the delivery of

Published 08 Aug, 2019 01:07pm

Energy

Oil dives nearly 5pc to 7-month low on surprise US stock build, trade war

HOUSTON: Oil prices tumbled more than 4.5% on Wednesday to a seven-month low, extending recent heavy losses followin

Published 07 Aug, 2019 08:25pm

Energy

Cuba to defend itself in US court over ExxonMobil lawsuit

HAVANA: Cuba announced Tuesday it would defend itself in US court against oil giant ExxonMobil, which has accused two co

Published 07 Aug, 2019 11:28am

Energy

Brent oil in bear market as China-US trade tensions mount

NEW YORK: Oil prices fell more than 1% on Tuesday, with Brent crude settling near seven-month lows below $60 a barre

Published 06 Aug, 2019 09:45pm

Energy

US Gulf oil output slowdown in July cuts 2019 output growth

NEW YORK: US oil output is expected to rise 1.28 million barrels per day to 12.27 million bpd this year, the US Ener

Published 06 Aug, 2019 08:25pm

Energy

Oil slightly lower as US-China trade tensions weigh

NEW YORK: Oil prices fell slightly on Tuesday, with Brent crude remaining near seven-month lows just below $60 a bar

Published 06 Aug, 2019 07:35pm

Americas Energy

US natgas drops to new 3-year low on record output, falling LNG exports

US natural gas futures fell to a fresh 38-month low on Monday after production rose to record highs over the weekend

Published 05 Aug, 2019 09:33pm

Energy

Oil falls 2pc as trade war concerns hit demand outlook

NEW YORK: Global oil benchmark Brent futures fell more than 2% on Monday on global growth concerns after US Presiden

Published 05 Aug, 2019 08:25pm

Energy

Brazil's Petrobras starts process to sell exploration, production assets

RIO DE JANEIRO: Brazilian state-run oil company Petroleo Brasileiro, or Petrobras, said in a statement on Monday it had

Published 05 Aug, 2019 02:01pm

Energy

US crude exports rise to monthly record of 3.16mn bpd in June -US Census

NEW YORK: US crude oil exports surged 260,000 barrels per day (bpd) in June to a monthly record of 3.16 million bpd

Published 02 Aug, 2019 07:11pm

Energy

US shale boosts output as Exxon Mobil, Chevron report mixed results

NEW YORK: US oil giants Exxon Mobil and Chevron reported mixed results Friday, as lower oil and natural gas prices blunt

Published 02 Aug, 2019 04:07pm

Energy

Imperial Oil's quarterly profit surges on Alberta tax benefit

Canada's Imperial Oil Ltd reported a more than six-fold rise in quarterly profit on Friday, helped by a C$662 million be

Published 02 Aug, 2019 01:55pm

Energy

Exxon Mobil reports lower earnings but higher oil output

NEW YORK: Exxon Mobil reported a drop in second-quarter earnings Friday due to lower crude prices and a hit from refiner

Published 02 Aug, 2019 01:18pm

Americas Energy

Venezuela oil exports slid 17.5pc in July as client portfolio shrank

Venezuela's oil exports fell 17.5% in July to their second-lowest level since Washington imposed sanctions on the na

Published 01 Aug, 2019 09:11pm

Energy

Canadian Natural Resources eyes Alberta rail contracts amid pipeline congestion

Canadian Natural Resources, the country's biggest oil and gas producer, is looking at taking on the Alberta provinci

Published 01 Aug, 2019 09:07pm

Energy

Oil slumps 7pc as Trump announces additional tariffs on Chinese imports

NEW YORK: Oil prices plummeted more than 7% on Thursday, with the US benchmark posting its worst day in more than fo

Published 01 Aug, 2019 08:37pm

Energy

US natural gas futures extend gains on warm forecasts ahead of storage report

US natural gas futures extended gains on Thursday after soaring over 4pc on Wednesday from a three-year low as meteorolo

Published 01 Aug, 2019 03:46pm

Energy

Canadian oil companies buy ads to pressure politicians ahead of election

WINNIPEG, Manitoba: Three Canadian oil producing companies are buying newspaper advertisements ahead of an autumn federa

Published 01 Aug, 2019 08:59am

Energy

Oil rises as US crude stocks fall, market awaits US Fed rate cut

NEW YORK: Oil prices rose for a fifth day on Wednesday, supported by a larger-than-expected drop in US inventories a

Published 31 Jul, 2019 08:08pm

Energy

US crude stocks slump 8.5mn bbls in seventh straight weekly fall

US crude oil stockpiles fell for the seventh straight week, falling to their lowest levels since November even as produc

Published 31 Jul, 2019 03:26pm

Energy

Oil rises as market awaits US Fed rate cut

LONDON: Oil prices rose for a fifth day on Wednesday, supported by a drop in US inventories and investor expectations th

Published 31 Jul, 2019 01:46pm

Americas Energy

Oil prices seen steady as demand woes mitigate supply risks

Oil prices are expected to be range-bound near current levels this year as slowing economic growth and a protracted trad

Published 31 Jul, 2019 01:45pm

Energy

Ontario Power to buy three power plants from TC Energy for $2.18bn

Ontario Power Generation Inc said on Tuesday its unit had entered a deal with affiliates of pipeline company TC Ener

Published 30 Jul, 2019 10:40pm

Energy

Oil rises on expectations of Fed rate cut, another U.S crude drawdown

NEW YORK: Oil prices rose on Tuesday, on track to close at a two-week high, on optimism the US Federal Reserve will

Published 30 Jul, 2019 07:15pm

Energy

Brazil's Emae seeks partners for $1.7bn power project

SAO PAULO: Brazilian energy company Empresa Metropolitana de Águas e Energia (Emae) is seeking partners for a $1.7 b

Published 29 Jul, 2019 09:15pm

Energy

Oil edges up on prospect of US interest rate cut

NEW YORK: Oil prices edged higher on Monday as the prospect of an expected interest rate cut by the US Federal Reser

Published 29 Jul, 2019 07:49pm

Energy

US natural gas futures slip to fresh 3-year low on rising production

US natural gas futures eased to a fresh three-year low on Monday with spot prices at their lowest in years, production r

Published 29 Jul, 2019 02:19pm

Energy

Chile's pristine Patagonia hit by oil spill

SANTIAGO: Some 40,000 litres (10,500 gallons) of oil have spilt into the sea from a terminal on a remote island in Patag

Published 28 Jul, 2019 12:14pm

Americas Energy

Argentina's June gas production hits highest level in 11 years

BUENOS AIRES: Argentina's gas production rose to 140 million cubic meters a day in June, the highest level in 11 yea

Published 27 Jul, 2019 07:28pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 9	278.20
USD PKR Interbank Buying / May 9	278
USD to Japanese Yen / May 9	155.57
USD to Swiss Franc / May 9	0.91
Pound Sterling to USD / May 9	1.25
Euro to USD / May 9	1.07

Stock	Volume
S&P 500 / May 8	5187.67
Nasdaq / May 8	16302.76
FTSE 100 / May 8	8354.05
Dow Jones / May 8	39056.39
Germany DAX 30 / May 8	18498.38
France CAC40 / May 8	8131.41
India Sensex / May 9	72965.17
Tokyo Nikkei / May 9	38260.75

Item	Value
Karachi Cotton PKR/37.32 KG / May 7	19935
Gold 10 Grams PKR / May 8	205075
Petrol/Litre / May 9	288.49
Crude Oil USD/Barrel / May 9	79.44
Gold Spot USD/Ounce / May 9	2318.17
Diesel/Litre / May 9	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 9 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 9 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 9 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 9 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 9 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 9 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 9 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 9 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 9 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 9 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 9 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 9 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 9 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 9 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 9 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 9 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 9 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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