Energy

OPEC chief urges members to reject any COP28 deal that targets fossil fuels

DUBAI: OPEC Secretary General Haitham Al Ghais has urged OPEC+ members to reject proposals for any text under...

Published 09 Dec, 2023 05:46am

Energy

OGDCL discovers gas, condensate in Tando Allah Yar

KARACHI: As a result of the aggressive exploration strategy, the Oil and Gas Development Company Limited (OGDCL) has...

Published 09 Dec, 2023 05:46am

Energy

India’s Russian oil purchases could rise as global oil prices ease

NEW DELHI: India’s purchases of Russian oil could rise due to easing global oil prices, a senior government official...

Published 08 Dec, 2023 01:43pm

Energy

OGDCL discovers hydrocarbon reserves in Sindh

Oil & Gas Development Company Limited (OGDCL), one of Pakistan’s leading exploration and production state-owned...

Updated 08 Dec, 2023 04:40pm

Energy

Oil heads for seven week decline for first time in five years

LONDON: Oil benchmarks were on track for a seven-week decline on Friday, their first in half a decade, on worries...

Updated 08 Dec, 2023 07:56pm

Energy

OGDCL, PPL and GHPL sign Decarbonisation Charter at COP28

ISLAMABAD: In a significant stride towards sustainable energy practices, Pakistan’s leading Exploration and...

Published 08 Dec, 2023 05:20am

Energy

US natgas drops as oil prices collapse

NEW YORK: US natural gas futures fell by about 5% on Wednesday to the lowest in nearly three months, pressured by a...

Published 08 Dec, 2023 05:20am

Energy

Oil drops to 6-month low on weak outlook

NEW YORK: Oil prices fell on Thursday to six-month lows, as investors worried about sluggish energy demand in the US...

Published 08 Dec, 2023 05:20am

Energy

Asia-Europe LNG spread at widest level in almost a year

SINGAPORE/LONDON: The Asia-Europe liquefied natural gas (LNG) spread has hit its widest level in about a year, data...

Published 07 Dec, 2023 07:03pm

Energy

Oil stages small recovery as weak economic outlook lingers

LONDON: Oil prices reclaimed some ground on Thursday after tumbling to a six-month low the previous day but...

Updated 07 Dec, 2023 02:47pm

Energy

China oil demand seen peaking by 2030

BEIJING: China’s oil demand is expected to peak by 2030 at between 780 and 800 million metric tons per year, a...

Published 07 Dec, 2023 10:00am

Energy

Appointment of Ogra chairman, member challenged

ISLAMABAD: The appointment of Chairman and Member (Oil) Oil and Gas Regulatory Authority (OGRA) by former Special...

Published 07 Dec, 2023 04:35am

Energy

Oil drops on demand worries

HOUSTON: Oil prices fell by 4% on Wednesday, and touched their lowest levels since June, as a larger-than-expected...

Published 07 Dec, 2023 04:35am

Energy

US gasoline pump prices at 11-month low

NEW YORK: US gasoline prices are the lowest they have been since January and by Christmas could fall below $3 a...

Published 07 Dec, 2023 04:35am

Energy

Saudi Arabia lowers Arab Light crude price to Asia

Top oil exporter Saudi Arabia has lowered prices for the flagship Arab light crude it sells to Asia in January for...

Published 06 Dec, 2023 11:36am

Energy

SNGPL seeks 137pc increase in prescribed gas price

ISLAMABAD: The Sui Northern Gas Pipeline Limited (SNGPL) has sought an increase in prescribed/cost of gas price by...

Published 06 Dec, 2023 04:27am

Energy

Oil drops on demand worries after US gasoline inventories swell

Brent crude futures fall $2.81 or 3.5% to $74.39 a barrel
US WTI crude futures drop by $2.74 or 3.8% to $69.58 a barrel

Updated 06 Dec, 2023 10:57pm

Energy

Russia’s 2023 LNG exports to Asia via Northern Sea Route unchanged

MOSCOW: Exports of Russian liquefied natural gas (LNG) along the eastern sector of the Northern Sea Route remained ...

Published 06 Dec, 2023 04:27am

Energy

Oil prices end little change

NEW YORK: Oil prices were little changed in volatile trade on Tuesday as a stronger US dollar and demand concerns...

Published 06 Dec, 2023 04:27am

Energy

Oct’23 FCA: NEPRA approves Rs3.07/unit hike for DISCOs

Increase will not be applicable to K.Electric (KE) consumers, Electric Vehicle Charging Stations (EVCS), and lifeline consumers

Published 05 Dec, 2023 09:34pm

Energy

Oil drops close to July low on scepticism over OPEC+ cuts

LONDON: Global benchmark Brent fell below $78 a barrel, not far off its July low, despite Saudi Arabia saying OPEC+...

Updated 05 Dec, 2023 07:06pm

Energy

Saudi Arabia says ‘absolutely not’ to oil phase down at COP28

DUBAI: Saudi Arabia’s energy minister has slammed the door shut to agreeing to phase down fossil fuels at the UN’s...

Published 05 Dec, 2023 04:22pm

Energy

Saudi non-oil activity eases in November but outlook improves

DUBAI: Growth in non-oil business activity in Saudi Arabia eased in November from the previous month as a decline in...

Published 05 Dec, 2023 11:16am

Energy

Russia’s 2023 LNG exports to Asia via Northern Sea Route unchanged from last year

MOSCOW: Exports of Russian liquefied natural gas (LNG) along the eastern sector of the Northern Sea Route remained...

Published 05 Dec, 2023 11:00am

Energy

Expiry of initial PPA likely in 2028: LDPL approaches Nepra for inclusion in IGCEP for another 10-15 years

ISLAMABAD: Liberty Daharki Power Limited (LDPL) has approached National Electric Power Regulatory Authority (Nepra)...

Published 05 Dec, 2023 03:01am

Energy

Oil falls on demand fears, doubts over OPEC+ cuts

HOUSTON: Oil prices extended declines on Monday, pressured by investor scepticism over the latest OPEC+ decision on...

Published 05 Dec, 2023 03:01am

Energy

Saudi Arabia says OPEC+ output cuts can continue past March if needed: Bloomberg

OPEC+ oil production cuts can “absolutely” continue past the first quarter if needed, Saudi Energy Minister Prince...

Published 04 Dec, 2023 10:50pm

Energy

Aramco chief says renewables still not enough to cover demand

DUBAI: Saudi oil giant Aramco’s Chief Executive on Monday told a panel on the sidelines of the COP28 climate summit...

Published 04 Dec, 2023 06:39pm

Energy

Ceasing operations in Pakistan: Engro Corporation rejects ‘false’ assertion

Engro Corporation Limited, one of Pakistan’s largest conglomerates, on Monday rejected ‘false information’...

Published 04 Dec, 2023 11:47am

Energy

Oil falls on demand fears and doubts over OPEC+ cuts

LONDON: Oil prices extended declines on Monday, pressured by investor scepticism over the latest OPEC+ decision on...

Updated 04 Dec, 2023 06:59pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 9 786 Investments Limited(786)	5.74 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 9 Al-Abbas Sugar Mills Limited(AABS)	526 ▼ 0.00 (0.00%)
Agro Allianz / Dec 9 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 9 Allied Bank Limited(ABL)	90.51 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 9 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▼ 0.00 (0.00%)
Abson Ind. / Dec 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 9 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▼ 0.00 (0.00%)
Attock Cement / Dec 9 Attock Cement Pakistan Limited(ACPL)	105.15 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 9 786 Investments Limited(786)	5.74 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 9 Al-Abbas Sugar Mills Limited(AABS)	526 ▲ 0.00 (0.00%)
Agro Allianz / Dec 9 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 9 Allied Bank Limited(ABL)	90.51 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 9 Abbott Laboratories (Pakistan) Limited(ABOT)	500.43 ▲ 0.00 (0.00%)
Abson Ind. / Dec 9 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 9 Alfalah Consumer Index ETF.(ACIETF)	10.99 ▲ 0.00 (0.00%)
Attock Cement / Dec 9 Attock Cement Pakistan Limited(ACPL)	105.15 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Dec 9 K-Electric Limited(KEL)	342,535,258 ▲ 0.00
WorldCall Telecom / Dec 9 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.00
P.T.C.L. / Dec 9 Pakistan Telecommunication Company Ltd(PTC)	58,736,500 ▲ 0.00
Kohinoor Spining / Dec 9 Kohinoor Spinning Mills Limited(KOSM)	56,593,500 ▲ 0.00
Fauji Foods Ltd / Dec 9 Fauji Foods Limited(FFL)	47,998,197 ▲ 0.00
Cnergyico PK / Dec 9 Cnergyico PK Limited(CNERGY)	46,684,647 ▲ 0.00
B.O.Punjab / Dec 9 The Bank of Punjab(BOP)	32,876,325 ▲ 0.00
Pak Elektron / Dec 9 Pak Elektron Limited(PAEL)	29,819,540 ▲ 0.00
Hascol Petrol / Dec 9 Hascol Petroleum Limited(HASCOL)	27,935,500 ▲ 0.00
Pak Int.Bulk / Dec 9 Pakistan International Bulk Terminal(PIBTL)	25,443,500 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 8	284.30
USD PKR Interbank Buying / Dec 8	283.95
USD to Japanese Yen / Dec 8	144.95
USD to Swiss Franc / Dec 8	0.88
Pound Sterling to USD / Dec 8	1.25
Euro to USD / Dec 8	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
India Sensex / Dec 8	69825.60
Tokyo Nikkei / Dec 8	32307.86
Nasdaq / Dec 8	14403.97
Hang Seng / Dec 8	16334.37
FTSE 100 / Dec 8	7554.47
Dow Jones / Dec 8	36247.87
Germany DAX 30 / Dec 8	16759.22
France CAC40 / Dec 8	7526.55

Item	Value
Crude Oil USD/Barrel / Dec 8	71.23
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Gold Spot USD/Ounce / Dec 8	2004.67
Cotton US¢/pound / Dec 8	81.44

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