Markets / Energy

Oil prices stabilise as investors weigh Iran war end, Hormuz reopening uncertainty

Published 17 Jun, 2026 07:19am

Brent crude futures gained 47 cents, or 0.6%, to $79.43 a barrel

Energy firms brace for ‘new era’ despite Hormuz deal

Published 17 Jun, 2026 05:36am

PARIS: Oil and gas majors have high hopes for a quick reopening of the Strait of Hormuz, but they have few illusions...

Oil prices fall 5pc to 3-month low

Published 17 Jun, 2026 05:36am

NEW YORK: Oil prices fell about 5 percent for a second day in a row to a three-month low on Tuesday as details...

US natgas futures steady as oil price drop

Published 17 Jun, 2026 05:36am

NEW YORK: US natural gas futures held steady on Tuesday as a bearish drop in oil prices offset bullish forecasts for...

Oil prices fall 4% to three-month low on hopes interim US-Iran deal will reopen Hormuz

Updated 16 Jun, 2026 09:29pm

Brent crude futures fell $3.29 to $79.88 a barrel at 10:48 a.m. ET (1448 GMT)

Weaker oil, bearish weather view drive US natgas futures to more than two-week low

Published 16 Jun, 2026 04:12am

NEW YORK: U.S. natural gas futures hit a more than two-week low on Monday, in step with a sharp oil price drop, and...

Pioneer Cement approves 28 MW solar power plant at Punjab facility

Published 15 Jun, 2026 03:19pm

Funded by internal cash, the plant promises substantial energy cost savings and a strong commitment to sustainability

LNG tanker Disha carrying Qatari cargo crosses Hormuz strait

Published 15 Jun, 2026 10:46am

Data from Kpler and LSEG showed the vessel picked up its cargo at Qatar's Ras Laffan on March 1-2 and had been west of the strait since

Oil falls 5% to three-month low as US, Iran reach peace deal to reopen Strait of Hormuz

Updated 15 Jun, 2026 08:26pm

Brent crude futures fall $4.38, or 5.02%, to $82.95 a barrel

Australia tribunal rejects move by Japan's Inpex to stop LNG strike

Published 14 Jun, 2026 10:30am

The strike at the 9.3-million-ton-per-year facility will now run until June 23 with a ban on the loading of all cargoes

Brent falls to lowest since March on likely peace deal

Updated 14 Jun, 2026 06:56am

HOUSTON: Brent crude prices fell to their lowest levels since early March as traders grew more confident about an...

Petrol price cut by Rs4, HSD’s by Rs2

Published 13 Jun, 2026 06:17am

ISLAMABAD: Domestic rates of petrol and high speed diesel (HSD) have been declined in line with the drop in global...

Oil nears two-month lows on reports of imminent US-Iran peace deal

Updated 12 Jun, 2026 09:22pm

Brent futures were down $3.34, or 3.7%, at $87.04 a barrel

Oil prices settle lower

Published 12 Jun, 2026 06:08am

NEW YORK: Oil prices settled lower on Thursday after US President Donald Trump cancelled plans to strike Iran within...

‘29.7pc drop in LNG import volumes delays decisions on new terminals’

Published 12 Jun, 2026 06:51am

ISLAMABAD: A 29.7 percent drop in LNG import volumes has prompted prospective investors to delay decisions on...

Uniform UoSC plan: Power regulator questions cross-subsidy component

Published 12 Jun, 2026 06:08am

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Wednesday raised serious questions over the...

Vessel carrying 73,000 MT of crude oil to arrive at KPT

Published 12 Jun, 2026 07:28am

KARACHI: A vessel, P Aliki, carrying 73,000 metric tons of crude oil, is set to arrive at Karachi Port Trust (KPT)...

US natgas prices slip as output grows, storage remains high

Published 12 Jun, 2026 06:08am

NEW YORK: US natural gas futures slid about 2percent to a two-week low on Thursday on a slight increase in daily...

Pakistan-bound LNG tanker among vessels exits Strait of Hormuz

Updated 11 Jun, 2026 01:55pm

The tankers then reappeared on ship-tracking data on June 10

Oil gains after Trump says US will hit Iran 'very hard tonight'

Updated 11 Jun, 2026 06:20pm

Brent futures rose 46 cents, or 0.5%, to $93.56 a barrel

Oil settles up nearly USD2

Published 11 Jun, 2026 05:06am

NEW YORK: Oil prices closed up nearly USD2 on Wednesday after President Donald Trump said the US is going to attack...

Power regulator drops show-cause notice against LPCL

Published 11 Jun, 2026 05:06am

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has closed show cause notice issued to Lalpir Power...

Cherat Packaging commissions 2.7MW solar power plant at Khyber Pakhtunkhwa

Published 10 Jun, 2026 11:10am

Says plant will contribute towards cost savings

$4.5bn greenfield refinery project planned in Balochistan

Updated 10 Jun, 2026 11:20am

Groundwork for the project has already commenced, and future implementation strategies are currently being finalised

Oil prices rise after Trump says Iran must pay price

Updated 10 Jun, 2026 06:17pm

Brent futures were up $1.32, or 1.44%, at $92.77 a barrel

Oil prices fall to seven-week low

Published 10 Jun, 2026 05:53am

NEW YORK: Oil prices fell about 3 percent to a seven-week low on Tuesday after Iran and Israel said they had halted...

Pakistan plans to join INSTC, eyes Gwadar link with Russia

Published 09 Jun, 2026 03:34pm

INSTC is a 7,200-kilometre multimodal transit network

Fifth Qatari-controlled LNG tanker exits Hormuz

Brent futures fall $3.40, or 3.6%, to $90.85 a barrel at 10:28am EDT (1428 GMT)

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 16	278.50
USD PKR Interbank Buying / Jun 16	278.30
USD to Japanese Yen / Jun 16	160.39
USD to Swiss Franc / Jun 16	0.79
Pound Sterling to USD / Jun 16	1.34
Euro to USD / Jun 16	1.16
SOFR % / Jun 16	3.65

Stock	Volume
S&P 500 / Jun 16	7,511.35
India Sensex / Jun 16	76,808.48
Tokyo Nikkei / Jun 16	69,404.50
Nasdaq / Jun 16	26,376.34
Hang Seng / Jun 16	24,493.95
FTSE 100 / Jun 16	10,494.21
Dow Jones / Jun 16	51,999.67
Germany DAX 30 / Jun 16	24,910.41
France CAC40 / Jun 16	8,447.27

Item	Value
Gold 10 Grams PKR / Jun 15	389,600
Crude Oil USD/Barrel / Jun 16	76.52
Karachi Cotton PKR/37.32 KG / Jun 16	20,280
Gold Spot USD/Ounce / Jun 16	4,335.39
Cotton US¢/pound / Jun 16	77.75
Petrol/Litre / Jun 17	373.78
Diesel/Litre / Jun 17	378.78

Gainers
Losers
Leaders

Stock	Price
First Fid. Leasing / Jun 16 First Fidelity Leasing Modaraba(FFLM)	15.36 ▲ 2.67 (21.04%)
Pak. P.V.C. / Jun 16 Pakistan PVC Limited(PPVC)	34.60 ▲ 6.01 (21.02%)
Pak Stock Exchange / Jun 16 Pakistan Stock Exchange Limited(PSX)	52.70 ▲ 9.15 (21.01%)
Crescent Steel / Jun 16 Crescent Steel & Allied Products Limited(CSAP)	116.84 ▲ 20.28 (21%)
National Silk / Jun 16 The National Silk & Rayon Mills Limited(NSRM)	195.13 ▲ 33.87 (21%)
Service Textile / Jun 16 Service Industries Textiles Limited(SERT)	42.82 ▲ 7.43 (20.99%)
MACPAC Films / Jun 16 MACPAC Films Limited(MACFL)	72.73 ▲ 12.61 (20.97%)
Power Cem(Pref) / Jun 16 Power Cement (Pref)(POWERPS)	28.77 ▲ 4.97 (20.88%)
Ansari Sug. / Jun 16 Ansari Sugar Mills Limited(ANSM)	24.39 ▲ 4.1 (20.21%)
Nets Internat.Comm. / Jun 16 Nets International Communication Limited(GEMNETS)	33.43 ▲ 5.53 (19.82%)

Stock	Price
Ideal Spinning / Jun 16 Ideal Spinning Mills Limited(IDSM)	69.48 ▼ -8.96 (-11.42%)
Askari Life Assur. / Jun 16 Askari Life Assurance Company Limited(ALAC)	23.10 ▼ -2.44 (-9.55%)
Universal Ins. / Jun 16 The Universal Insurance Company Limited(UVIC)	22.60 ▼ -2.28 (-9.16%)
Frontier Ceramics / Jun 16 Frontier Ceramics Limited(FRCL)	74.97 ▼ -6.17 (-7.6%)
Idrees Tex. / Jun 16 Idrees Textile Mills Limited(IDRT)	46.69 ▼ -3.41 (-6.81%)
Data Agro / Jun 16 Data Agro Limited(DAAG)	91.73 ▼ -6.34 (-6.46%)
Gulshan Sp. / Jun 16 Gulshan Spinning Mills Limited(GSPM)	6.11 ▼ -0.39 (-6%)
GOC (Pak) / Jun 16 GOC (Pak) Limited.(GOC)	117.18 ▼ -5.82 (-4.73%)
Sakrand Sugar / Jun 16 Sakrand Sugar Mills Limited(SKRS)	26.05 ▼ -1.22 (-4.47%)
D.S. Ind. Ltd. / Jun 16 D.S. Industries Limited(DSIL)	10.86 ▼ -0.48 (-4.23%)

Stock	Volume
Lotte Chemical / Jun 16 Lotte Chemical Pakistan Limited(LOTCHEM)	108,119,661 ▼ -0.25
Pak Int.Bulk / Jun 16 Pakistan International Bulk Terminal(PIBTL)	49,523,210 ▲ 0.84
Siddiqsons Tin / Jun 16 Siddiqsons Tin Plate Limited(STPL)	43,732,572 ▲ 0.46
Sui South Gas / Jun 16 Sui Southern Gas Company Limited(SSGC)	42,975,274 ▲ 3.46
K-Electric Ltd. / Jun 16 K-Electric Limited(KEL)	40,115,690 ▲ 0.09
B.O.Punjab / Jun 16 The Bank of Punjab(BOP)	40,078,444 ▲ 1.77
WorldCall Telecom / Jun 16 Worldcall Telecom Limited(WTL)	37,091,776 ▲ 0.02
TPL Corp Ltd / Jun 16 TPL Corp Limited(TPL)	34,505,206 ▲ 2.1
TPL Properties / Jun 16 TPL Properties Limited(TPLP)	31,351,342 ▲ 0.37
Maple Leaf Cement / Jun 16 Maple Leaf Cement Factory Limited(MLCF)	28,293,781 ▲ 7.15

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