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اردو

Apr 24, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Markets » Energy

Oil prices climb amid US stocks decline, Middle East conflict

Energy

Oil prices climb amid US stocks decline, Middle East conflict

Oil prices extended gains on Wednesday after industry data showed a surprise drop in U.S. crude stocks last week, a...

Updated 24 Apr, 2024 12:18pm

Pakistan refiners warn $6bn upgrades at risk due to fuel price deregulation plan

Energy

Pakistan refiners warn $6bn upgrades at risk due to fuel price deregulation plan

KARACHI: Pakistan's plans to deregulate fuel prices could lead refiners to halt planned upgrades worth up to $6...

Updated 23 Apr, 2024 08:45pm

Technology transfer, license deal between SSGC, Itron Inc: CCP grants time bound approval to exemption application

Energy

Technology transfer, license deal between SSGC, Itron Inc: CCP grants time bound approval to exemption application

ISLAMABAD: The Competition Commission of Pakistan (CCP) has granted a time bound approval to the exemption...

Published 24 Apr, 2024 03:50am

PPL augments production

Energy

PPL augments production

KARACHI: Pakistan Petroleum Limited (PPL) has announced a substantial augmentation in its production output, with ...

Published 24 Apr, 2024 03:50am

Oil prices gain as dollar slips, focus shifts to economic data

Energy

Oil prices gain as dollar slips, focus shifts to economic data

NEW YORK: Oil prices rose a dollar a barrel on Tuesday as the US dollar index fell to its lowest in over a week and...

Published 24 Apr, 2024 03:50am

US natural gas prices ease on mild weather forecast

Energy

US natural gas prices ease on mild weather forecast

NEW YORK: US natural gas futures fell on Tuesday, pressured by forecasts for mild weather leading to lower gas ...

Published 24 Apr, 2024 03:50am

EU Commission expects gas prices to fall

Energy

EU Commission expects gas prices to fall

BRUSSELS: The European Commission expects gas prices to fall as the global suppply of liquefied natural gas (LNG)...

Published 24 Apr, 2024 03:50am

Oil falls back after robust EU data as Mideast tensions linger

Energy

Oil falls back after robust EU data as Mideast tensions linger

Oil prices slipped on Tuesday after a short-lived boost from stronger economic data out of Europe as the market...

Updated 23 Apr, 2024 08:23pm

US crude futures climb back into positive territory

Energy

US crude futures climb back into positive territory

HOUSTON: US crude futures returned to positive territory on Monday after falling on easing fears of a wider Mideast...

Published 23 Apr, 2024 03:41am

PPL sees significant boost in oil & gas production

Energy

PPL sees significant boost in oil & gas production

Pakistan Petroleum Limited (PPL) has registered a significant increase in hydrocarbon production from its wells...

Updated 22 Apr, 2024 04:06pm

First oil discovery made in Mari D&PL

Energy

First oil discovery made in Mari D&PL

Mari Petroleum Company Limited (MARI), one of Pakistan’s largest energy and exploration companies, has discovered...

Published 22 Apr, 2024 02:49pm

US crude futures climb back into positive territory

Commodities

US crude futures climb back into positive territory

HOUSTON: U.S. crude futures returned to positive territory on Monday after falling on easing fears of a wider...

Updated 22 Apr, 2024 09:07pm

US natural gas prices little changed as colder forecasts offset storage oversupply

Energy

US natural gas prices little changed as colder forecasts offset storage oversupply

NEW YORK: US natural gas futures were little changed on Friday as bullish forecasts for cooler weather and more...

Published 21 Apr, 2024 04:10am

China's imports of Russian oil near record high in March

Energy

China's imports of Russian oil near record high in March

BEIJING: Russia remained China’s top oil supplier in March, data showed on Saturday, as refiners snapped up stranded...

Published 20 Apr, 2024 06:30pm

Disconnects 121 illegal connections: SSGC countering gas theft incidences

Energy

Disconnects 121 illegal connections: SSGC countering gas theft incidences

KARACHI: The Sui Southern Gas Company has been fighting the menace of gas theft for the past couple of years. Ever...

Published 20 Apr, 2024 04:18am

Energy sector: Pakistan should implement broad-based structural reforms

Energy

Energy sector: Pakistan should implement broad-based structural reforms

ISLAMABAD: Pakistan has to bring and strictly implement broad-based structural reforms in the energy sector to get...

Published 20 Apr, 2024 04:18am

PSO & Railways inaugurate fuel management system

Energy

PSO & Railways inaugurate fuel management system

KARACHI: Marking a momentous occasion in the nation’s transportation infrastructure, the country’s leading ...

Published 20 Apr, 2024 04:18am

Global LNG: Asia spot LNG at fresh three-month high on supply concerns

Commodities

Global LNG: Asia spot LNG at fresh three-month high on supply concerns

LONDON: Asian spot liquefied natural gas (LNG) prices rose this week to a new three-month high due to supply...

Published 19 Apr, 2024 06:51pm

Oil slips after Iran plays down reported Israeli attack

Energy

Oil slips after Iran plays down reported Israeli attack

Oil slipped on Friday following an earlier price spike of more than $3 after Iran played down reported Israeli...

Updated 19 Apr, 2024 08:40pm

SSGC continues to make inroads into gas theft cases

Energy

SSGC continues to make inroads into gas theft cases

KARACHI: Sui Southern Gas Company (SSGC) continued to make inroads into gas theft cases through its regular raids in...

Published 19 Apr, 2024 05:07am

Industries, CNG stations in Sindh: SSGC’s 24-hour gas holiday

Energy

Industries, CNG stations in Sindh: SSGC’s 24-hour gas holiday

KARACHI: Sui Southern Gas Company (SSGC) has announced 24-hour gas holiday for industries including their power...

Published 19 Apr, 2024 05:07am

MPCL successfully drills, tests 3rd appraisal well in Ghazij

Energy

MPCL successfully drills, tests 3rd appraisal well in Ghazij

KARACHI: Mari Petroleum Company Limited (MPCL) has successfully drilled and tested the third appraisal well in the...

Published 19 Apr, 2024 05:07am

‘A resilient ESG strategy is no longer optional but a must’: KE CEO

Energy

‘A resilient ESG strategy is no longer optional but a must’: KE CEO

KARACHI: “Businesses are aware of sustainability as a responsibility which must be integrated into their core...

Published 19 Apr, 2024 05:07am

Oil holds near 3-week low

Energy

Oil holds near 3-week low

NEW YORK: Oil prices held near a three-week low on Thursday as investors weighed robust US jobs data and sanctions ...

Published 19 Apr, 2024 05:07am

Pakistan’s power generation falls over 8% year-on-year

Energy

Pakistan’s power generation falls over 8% year-on-year

Power generation in Pakistan clocked in at 8,023 GWh (10,784 MW) in March 2024, down 8.2% as compared to the same...

Published 18 Apr, 2024 03:23pm

MARI successfully drills another appraisal well in Sindh

Energy

MARI successfully drills another appraisal well in Sindh

Mari Petroleum Company Limited (MARI), one of Pakistan’s largest energy and exploration companies, has successfully...

Updated 18 Apr, 2024 04:31pm

Oil extends losses on easing Middle East tension, demand concerns

Energy

Oil extends losses on easing Middle East tension, demand concerns

LONDON: Oil prices fell to a three-week low on Thursday, extending losses on hopes of easing tensions in the key...

Updated 18 Apr, 2024 06:44pm

Conversion of power plants o Thar coal: PM urges Shanghai Group to invest

Energy

Conversion of power plants o Thar coal: PM urges Shanghai Group to invest

ISLAMABAD: Prime Minister Shehbaz Sharif has invited the Shanghai Electric Group to invest in shifting imported...

Published 18 Apr, 2024 03:24am

Saudi’s Feb crude exports edge up to 6.317mn bpd

Energy

Saudi’s Feb crude exports edge up to 6.317mn bpd

Saudi Arabia’s crude oil exports in February edged up to 6.317 million barrels per day (bpd) from 6.297 million bpd...

Published 17 Apr, 2024 04:45pm

Discos: minister irked by over-billing

Energy

Discos: minister irked by over-billing

KARACHI: Sindh Provincial Minister for Energy Syed Nasir Shah has expressed anger and concern over over-billing to...

Published 18 Apr, 2024 03:24am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 24	278.50
USD PKR Interbank Buying / Apr 24	278.25
USD to Japanese Yen / Apr 24	154.89
USD to Swiss Franc / Apr 24	0.91
Pound Sterling to USD / Apr 24	1.24
Euro to USD / Apr 24	1.07

Stock	Volume
S&P 500 / Apr 23	5070.55
Nasdaq / Apr 23	15696.64
Dow Jones / Apr 23	38503.69
India Sensex / Apr 24	73884
Tokyo Nikkei / Apr 24	38460.08
Hang Seng / Apr 24	17176.31
FTSE 100 / Apr 24	8079.79
Germany DAX 30 / Apr 24	18202.76

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Petrol/Litre / Apr 24	293.94
Crude Oil USD/Barrel / Apr 24	83.46
Gold Spot USD/Ounce / Apr 24	2319
Diesel/Litre / Apr 24	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Supertax on rich: SC concerned at ‘no final decision’ by high courts

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PM suspends CCIR for ‘deliberate delay in tax cases’

PM suspends CCIR for ‘deliberate delay in tax cases’

Pakistan refiners warn $6bn upgrades at risk due to fuel price deregulation plan

Pakistan refiners warn $6bn upgrades at risk due to fuel price deregulation plan

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Interaction with S&P and Fitch

Iran says ready to expand energy cooperation

Iran says ready to expand energy cooperation