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Energy

Oil prices up on wildfires in Canada, US inventories drawdown expectations

TOKYO: Oil prices rose in early trade on Wednesday as large wildfires were threatening Canada’s oil sands and as the...

Published 15 May, 2024 10:01am

Energy

US natural gas prices turn negative

NEW YORK: US spot natural gas prices in Texas averaged below zero for Tuesday for the fourth time this month and the...

Published 15 May, 2024 05:47am

Energy

Oil down on inflation, supply risks in Mideast

HOUSTON: Oil prices fell on Tuesday, after fresh US data indicated inflation remains sticky, while potential risks ...

Published 15 May, 2024 05:47am

Energy

OPEC sticks to oil demand view, shifts key forecast to OPEC+

LONDON: OPEC stuck to its forecast for strong growth in global oil demand in 2024 on Tuesday and said it would...

Published 14 May, 2024 05:54pm

Energy

Oil dips as US data suggests inflation stickier than expected

LONDON: Oil prices edged lower on Tuesday, after US data suggested inflation remains sticky, while OPEC maintained...

Updated 14 May, 2024 07:47pm

Energy

Dar, Gezhouba Group chairman discuss ongoing projects in Pakistan

ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar met with the Chairman of Gezhouba Group on Mondayin...

Published 14 May, 2024 05:18am

Energy

US natgas prices little changed as rising demand offsets higher output

NEW YORK: US natural gas futures were little changed on Monday as forecasts for more demand next week than ...

Published 14 May, 2024 05:18am

Energy

Oil prices rise as attention shifts to US inflation

NEW YORK: Oil prices rose on Monday, as signs of improving demand in top importer China and potential supply...

Published 14 May, 2024 05:18am

Energy

Brent hovers above $83 as inflation data takes centre stage

LONDON: Oil prices edged higher on Monday after losing about $1 a barrel in the previous session on signs that U.S....

Updated 13 May, 2024 06:30pm

Energy

Chinese firms win licencing bids to explore Iraq oil, gas fields

BAGHDAD: Chinese companies won bids to explore five Iraqi oil and gas fields on Saturday in a licensing round for...

Published 12 May, 2024 03:09am

Energy

US natural gas up on rising demand forecasts, lower output

NEW YORK: US natural gas futures held near a 14-week high on Thursday on forecasts for more demand over the next two...

Published 12 May, 2024 03:09am

Energy

Oil slips on prospect of higher-for-longer US rates

NEW YORK: Oil prices fell by nearly $1 a barrel on Friday as comments from US central bank officials indicated...

Published 12 May, 2024 03:09am

Energy

Iraq hopes oil reserves will exceed 160bn barrels: minister

BAGHDAD: Iraq, one of the world’s biggest oil producers, aims to boost its crude reserves to more than 160 billion...

Published 11 May, 2024 06:34pm

Energy

‘Cost-side reforms’: IMF says Pakistan needs to revisit terms of power purchase agreements

Remarks come in staff report for the second and final review under $3-billion Stand-By Arrangement

Updated 11 May, 2024 08:08pm

Energy

Petroleum industry: OMAP, GOREX hold seminar to introduce AI-based safety steps

LAHORE: Oil Marketing Association of Pakistan (OMAP) in collaboration with GOREX organised a seminar to introduce...

Published 11 May, 2024 06:22am

Energy

Global LNG: Asian spot LNG prices rise on signs of stronger demand

LONDON: Asian spot liquefied natural gas prices rose this week on stronger demand amid high temperatures in north...

Published 10 May, 2024 05:48pm

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

Updated 10 May, 2024 08:28pm

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 11:57pm

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 14	278.27
USD PKR Interbank Buying / May 14	278.07
USD to Japanese Yen / May 14	156.37
USD to Swiss Franc / May 14	0.91
Pound Sterling to USD / May 14	1.26
Euro to USD / May 14	1.08

Stock	Volume
S&P 500 / May 14	5246.68
India Sensex / May 14	73104.61
Tokyo Nikkei / May 14	38552.29
Nasdaq / May 14	16511.18
Hang Seng / May 14	19073.71
FTSE 100 / May 14	8428.13
Dow Jones / May 14	39558.11
Germany DAX 30 / May 14	18716.42

Item	Value
Crude Oil USD/Barrel / May 14	78.51
Karachi Cotton PKR/37.32 KG / May 14	19935
Gold 10 Grams PKR / May 14	207733
Gold Spot USD/Ounce / May 14	2357
Cotton US¢/pound / May 14	73.78
Petrol/Litre / May 15	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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