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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 nudges higher after Saudi Arabia hikes prices

SINGAPORE: Oil futures edged up on Monday after Saudi Arabia hiked June crude prices for most regions and as the...

Published 06 May, 2024 10:04am

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

Energy

US natural gas futures jump on rising LNG feedgas

NEW YORK: US natural gas futures jumped by about 5% on Friday and a record 33% for the week to a 13-week high as the...

Published 05 May, 2024 02:54am

Energy

OPEC+ likely to extend production cuts in June

LONDON: Saudi Arabia and its allies in OPEC+ are likely to keep oil production unchanged for a further three months...

Published 05 May, 2024 02:54am

Energy

Industries, CNG stations: SSGC announces 24-hour gas holiday on 5th

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

Published 04 May, 2024 05:48am

Energy

Apr POL products’ sales down 6pc YoY

KARACHI: The petroleum products sales in Pakistan recorded a decline of 6 percent on year-on-year and 4 percent on...

Published 04 May, 2024 05:48am

Energy

Global LNG: Asia spot LNG price rises on hotter summer forecast, supply concerns

LONDON: Asian spot liquefied natural gas (LNG) prices rose this week on forecasts for higher cooling demand this...

Published 03 May, 2024 07:27pm

Energy

Sales of petroleum products fall by 6% in April

Sale of total petroleum products in Pakistan clocked in at 1.1 million tons in April, a decline of 6% year-on-year...

Updated 03 May, 2024 10:49pm

Energy

UAE’s April non-oil business activity slows sharply on flood impact, PMI shows

DUBAI: Growth in the United Arab Emirates’ non-oil business sector eased to its lowest level in eight months in...

Published 03 May, 2024 10:26am

Energy

Oil prices set for steepest weekly drop in 3 months

LONDON: Oil prices edged higher on Friday yet remained on course for their steepest weekly loss in three months...

Updated 03 May, 2024 05:37pm

Energy

SSGC removes over 5,200 illegal gas connections

KARACHI: In a relentless effort to control the menace of gas theft, SSGC continued to conduct raids in its franchise...

Published 03 May, 2024 06:29am

Energy

China solar power development driving down production costs

LAHORE: China large-scale development of solar power, coupled with continuous innovation and a complete industrial...

Published 03 May, 2024 06:29am

Energy

April sales 6-month low: OMCs

ISLAMABAD: Oil marketing companies (OMCs) in April 2024 posted monthly sales of 1.1mn tons which is six months low...

Published 03 May, 2024 06:29am

Energy

For fortnight from May 1: Exchange rate adjustment on petrol, diesel allowed

ISLAMABAD: The federal government allowed per litre exchange rate adjustment of Rs1.14 per litre on petrol and 17...

Published 03 May, 2024 06:29am

Energy

Shell Pakistan launches Shell Lubricant Solutions

Shell, the leading global supplier of finished lubricants for 17 consecutive years, has launched Shell Lubricant...

Published 02 May, 2024 05:06pm

Energy

Oil slides to 7-week low

NEW YORK: Oil prices fell to a seven-week low for the second consecutive session on Thursday, weighed by weakening...

Published 03 May, 2024 06:29am

Energy

Asia’s crude oil imports slip in April, trail OPEC forecasts: Russell

LAUNCESTON: Asia’s imports of crude oil slipped slightly in April from March, as increased arrivals in China failed...

Published 02 May, 2024 11:04am

Energy

Bangladesh’s RPGCL seeks three LNG cargoes for June delivery, sources say

SINGAPORE: Bangladesh’s state-owned Rupantarita Prakritik Gas Company Ltd (RPGCL) has issued a tender seeking three...

Published 02 May, 2024 10:26am

Energy

Oil prices rebound after closing at seven-week low

LONDON: Oil prices rose on Thursday, rebounding from three days of losses that took prices to their lowest since...

Updated 02 May, 2024 06:02pm

Energy

OMAP urges govt to remove 20-day stock cover requirement

LAHORE: The Oil Marketing Association of Pakistan (OMAP) has urged the government to remove the 20-day stock cover...

Updated 02 May, 2024 05:21am

Energy

Energy sector experts say ‘solar tax is not a hoax’

LAHORE: The energy sector experts have feared that the solar tax was not a hoax. Rather, it was a litmus check to...

Published 02 May, 2024 04:58am

Energy

OGDCL posts Rs171.104bn PAT

ISLAMABAD: The Board of Directors (BoDs) of Oil and Gas Development Company Limited (OGDCL) announced the financial...

Published 02 May, 2024 04:58am

Energy

US natural gas prices fall on forecasts for less demand, storage oversupply

NEW YORK: US natural gas futures fell about 3% on Wednesday on forecasts for less demand over the next two weeks ...

Published 02 May, 2024 04:58am

Energy

Oil falls to 7-week low on surprise build in US storage

NEW YORK: Oil prices fell about 3% to a seven-week low on Wednesday on a surprise build in US crude stocks, the...

Published 02 May, 2024 04:58am

Energy

Oil falls to 7-week low on surprise build in US storage, Middle East ceasefire hopes

US Energy Information Administration says energy firms added surprise 7.3 million barrels of crude into stockpiles during week ended April 26

Updated 01 May, 2024 08:36pm

Energy

Hydropower project: Leghari urged to help remove obstacles

ISLAMABAD: South Korean company, Korea Hydro & Nuclear Power Co., Ltd (KHNP), which is developing a hydropower...

Published 01 May, 2024 04:14am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 6	278.40
USD PKR Interbank Buying / May 6	278.20
USD to Japanese Yen / May 6	153.92
USD to Swiss Franc / May 6	0.91
Pound Sterling to USD / May 6	1.25
Euro to USD / May 6	1.08

Stock	Volume
S&P 500 / May 3	5127.79
Tokyo Nikkei / May 3	38236.07
Nasdaq / May 3	16156.33
FTSE 100 / May 3	8213.49
Dow Jones / May 3	38675.68
Germany DAX 30 / May 3	18001.60
France CAC40 / May 3	7957.57
India Sensex / May 6	74134.73

Item	Value
Karachi Cotton PKR/37.32 KG / May 3	20535
Gold 10 Grams PKR / May 3	205418
Petrol/Litre / May 6	288.49
Crude Oil USD/Barrel / May 6	78.37
Gold Spot USD/Ounce / May 6	2311.29
Diesel/Litre / May 6	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 6 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 6 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 6 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 6 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 6 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 6 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 6 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 6 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 6 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 6 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 6 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 6 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 6 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 6 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 6 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 6 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 6 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 6 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 6 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 6 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 6 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 6 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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