Markets » Energy

Energy

Saudi crude oil supply to China to fall 5.8mn bbls in June from May, sources say

SINGAPORE: Chinese refiners will lift less Saudi crude oil in June than May, people with knowledge of the matter...

Published 10 May, 2024 01:34pm

Energy

Islamabad seeks Chinese assistance for completion of two hydropower projects

Planning minister Ahsan Iqbal says government intends to revive original momentum of CPEC projects and remains committed to high-quality development

Published 10 May, 2024 01:29pm

Energy

Oil benchmark Brent above $84 on perky US, China demand signals

LONDON: Global benchmark Brent hovered above $84 a barrel on Friday after data this week signalled growing demand in...

Updated 10 May, 2024 04:11pm

Energy

Govt’s balancing act: incentivise solar, but not too much?

KARACHI: Pakistan’s government has once again been caught in a tight spot. It wants to promote renewable energy –...

Updated 10 May, 2024 09:51am

Energy

Togh-02 well in KP: OGDCL announces commencement of production

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL), the operator of the Togh and ToghBala Development ...

Published 10 May, 2024 04:17am

Energy

Oil holds near one-week high on rising demand hopes after China, US data

NEW YORK: Oil prices held near a one-week high on Thursday as data from China and the U.S. that signalled demand in...

Updated 09 May, 2024 11:12pm

Energy

POGEE 2024: energy sector’s ‘largest’ exhibition begins in Lahore

LAHORE: The 18th edition of the ‘Pakistan Oil, Gas & Energy Exhibition’ (POGEE), the premier showcase of the...

Published 09 May, 2024 03:11am

Energy

Oil prices rise

NEW YORK: Oil prices edged higher on Wednesday after US oil storage data showed a larger-than-expected draw in crude...

Published 09 May, 2024 03:11am

Energy

US natgas prices edge up

NEW YORK: US natural gas futures edged up about 1% to a fresh 14-week high on Wednesday on another decline in output...

Published 09 May, 2024 03:11am

Energy

May power bills: NEPRA approves Rs2.83 per unit hike in FCA

Increase applies to all consumer categories of ex-Wapda distribution companies except EV charging stations and lifeline consumers

Updated 08 May, 2024 11:06pm

Energy

Egypt’s non-oil business shrinks for 41st straight month, PMI shows

CAIRO: Egypt’s non-oil private sector continued to shrink in April despite a $35 billion investment deal signed with...

Published 08 May, 2024 11:14am

Energy

Norway oil workers agree to wage deal, averting strike

OSLO: Wage talks between Norwegian oil firms and three labour unions ended in a deal on Wednesday, industry and...

Published 08 May, 2024 10:58am

Energy

Oil slides on rising US stockpiles, strong dollar

LONDON: Oil prices fell on Wednesday as industry data showed a rise in crude and fuel inventories in the U.S. and as...

Updated 08 May, 2024 05:01pm

Energy

US natgas prices hold near 14-week high

NEW YORK: US natural gas futures held near a 14-week high on Tuesday as a bullish decline in output and increase in...

Published 08 May, 2024 07:26am

Energy

Oil slides as easing supply concerns overshadow ME tensions

NEW YORK: Oil prices steadied on Tuesday as easing supply concerns and signs of weakening demand countered fears of...

Published 08 May, 2024 07:33am

Energy

Research shows how batteries, renewables can reshape power landscape

KARACHI: Battery energy storage systems (BESS) in combination with solar and wind power can bring down electricity...

Published 08 May, 2024 06:43am

Energy

Iran using Malaysian providers to bust oil sanctions: US

SINGAPORE: Iran has relied on Malaysian service providers to get around international sanctions and sell its oil in...

Published 08 May, 2024 06:43am

Energy

Oil steadies as weak physical markets balance Middle East tensions

LONDON: Oil steadied on Tuesday as weakness in the physical market countered concern about conflict in the Middle...

Updated 07 May, 2024 04:53pm

Energy

Saudi Aramco maintains dividend despite lower net income in Q1

DUBAI: Saudi Arabia’s state-owned oil giant Aramco reported a 14.4% fall in first-quarter net profit on the back of...

Published 07 May, 2024 11:36am

Energy

World Bank's support for reforms in energy sector praised

ISLAMABAD: Federal Minister for Petroleum Dr Musadik Malik and Federal Minister for Power Awais Leghari held a...

Published 07 May, 2024 06:28am

Energy

KE’s renewable ambitions garner interest from developers

KARACHI: While Pakistan contributes less than 1.0 percent towards global carbon emissions, a combination of...

Published 07 May, 2024 06:55am

Energy

Oil climbs as Gaza tensions rise, KSA hikes prices

HOUSTON: Oil futures rose on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect...

Published 07 May, 2024 07:30am

Energy

US natgas flows to Freeport LNG in Texas rise to 2-month high

NEW YORK: The amount of natural gas flowing to Freeport LNG’s export plant in Texas rose to a two-month high on...

Published 07 May, 2024 07:31am

Energy

OMAP for formation of dedicated unit within SIFC

LAHORE: The Oil Marketing Association of Pakistan (OMAP) has proposed the establishment of a dedicated unit within...

Published 07 May, 2024 06:23am

Energy

Gasoline demand growth to slow this year on EV growth in China, US

NEW DELHI: Global petrol demand growth could halve in 2024, squeezing second-half refinery margins, analysts said,...

Published 06 May, 2024 11:51am

Energy

Oil climbs as Gaza tensions rise, Saudi Arabia hikes prices

LONDON: Oil futures climbed on Monday after Saudi Arabia hiked June crude prices for most regions and as the...

Updated 06 May, 2024 04:50pm

Energy

Minister says Thar coal best suited for gasification

KARACHI: Sindh Minister for Energy, Planning and Development Syed Nasir Hussain Shah presided over a meeting on ...

Published 06 May, 2024 05:30am

Energy

Saudi Arabia’s non-oil business activity growth steady in April-PMI

DUBAI: Saudi Arabia’s non-oil business activity grew at a steady rate in April despite a slowdown in new order...

Published 05 May, 2024 01:31pm

Energy

Coal power producer fails to stop regulator from en-cashing bank guarantee

LAHORE: A coal power producer has failed to stop the regulator from encashing performance bank guarantee, said...

Published 05 May, 2024 02:54am

Energy

Oil prices down on US jobs data

NEW YORK: Oil prices settled lower on Friday, and posted their steepest weekly loss in three months as investors...

Published 05 May, 2024 02:54am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 10	278.14
USD PKR Interbank Buying / May 10	277.97
USD to Japanese Yen / May 10	155.70
USD to Swiss Franc / May 10	0.91
Pound Sterling to USD / May 10	1.25
Euro to USD / May 10	1.08

Stock	Volume
S&P 500 / May 9	5214.08
Nasdaq / May 9	16346.27
Dow Jones / May 9	39387.76
India Sensex / May 10	72468.66
Tokyo Nikkei / May 10	38229.11
Hang Seng / May 10	18970.69
FTSE 100 / May 10	8438.19
Germany DAX 30 / May 10	18827.29

Item	Value
Petrol/Litre / May 10	288.49
Crude Oil USD/Barrel / May 10	79.87
Karachi Cotton PKR/37.32 KG / May 10	19935
Gold 10 Grams PKR / May 10	209019
Gold Spot USD/Ounce / May 10	2369.35
Diesel/Litre / May 10	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 10 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 10 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 10 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 10 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 10 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 10 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 10 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 10 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 10 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 10 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 10 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 10 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 10 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 10 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 10 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 10 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 10 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 10 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 10 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 10 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 10 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 10 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 10 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 10 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 10 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

Most Popular