Energy

Japan's oil reserve release plan unchanged by price drop

TOKYO: Japan's plan to release oil from strategic reserves in coordination with the United States and other ...

Published 03 Dec, 2021 10:50am

Energy

China pares spot LNG purchases as high prices bite, inventories ample

SINGAPORE: Chinese buyers of liquefied natural gas (LNG) are pulling back on spot purchases of the super-chilled ...

Published 03 Dec, 2021 11:03am

Energy

Oil rises on OPEC+ plan to meet if Omicron hits fuel demand

US West Texas Intermediate (WTI) crude futures rose $1.19, or 1.8%, to $67.69 a barrel in the morning

Updated 03 Dec, 2021 02:10pm

Energy

FCA for October: Nepra set to allow KE Rs1.078 hike

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) is to approve an increase of Rs1.078 per unit in...

Published 03 Dec, 2021 04:31am

Energy

Issue of RLNG supply to export-oriented industries: Federal govt accused of meting out ‘step-motherly treatment’ to Karachi

KARACHI: The PM must stop repeated discrimination with the export industries of Karachi on supply of RLNG and direct...

Published 03 Dec, 2021 04:31am

Energy

Nov POL sales clock in at 1.75m tons

KARACHI: Total petroleum and lubricant sales clocked in at 1.75 million tons in November 2021, depicting an increase...

Published 03 Dec, 2021 04:31am

Energy

Oil rises as OPEC+ sticks to regular output increase

NEW YORK: Oil prices rose on Thursday, giving up their earlier losses, as OPEC+ stuck to its policy of incrementally...

Published 03 Dec, 2021 04:31am

Energy

10 Discos: defaulters, including govt departments, owe Rs1.6trn

LAHORE: Defaulters of 10 distribution companies (Discos) owed Rs 1.6 trillion countrywide due to uninspiring ...

Published 03 Dec, 2021 04:31am

Energy

Asia Distillates: Gasoil cash premiums, cracks gain on tighter supplies

SINGAPORE: Asian refining margins for 10 ppm gasoil rose for a second straight session on Thursday, while cash...

Published 03 Dec, 2021 04:31am

Energy

Asia’s gasoline margins extend gains despite rising stocks

SINGAPORE: Asia’s gasoline crack extended gains on Thursday, moving further away from a two-month low hit at the...

Published 03 Dec, 2021 04:31am

Energy

US natgas futures drop to 3-month low

NEW YORK: US natural gas futures dropped over 4% on Wednesday to a three-month low on forecasts for mild winter...

Published 03 Dec, 2021 04:31am

Energy

OPEC+ agrees to go ahead with oil output rise, as US pressure trumps virus scare

OPEC+ agrees to add another 400,000 bpd in January

Published 02 Dec, 2021 10:21pm

Energy

Oil climbs as investors focus on looming OPEC+ decision

LONDON: Oil prices rose on Thursday as investors adjusted positions ahead of an OPEC+ decision on supply policy,...

Published 02 Dec, 2021 06:20pm

Energy

OPEC+ likely to stick to existing oil policy as virus variant hits prices

LONDON: OPEC and its allies are likely to stick to existing policy on raising output despite considering other...

Published 02 Dec, 2021 06:16pm

Energy

US oil may test $64.55; no sign of end to drop

SINGAPORE: US oil may test a support at $64.55 per barrel, a break below could cause a fall to the range of $62.54 ...

Published 02 Dec, 2021 12:51pm

Energy

OPEC+ starts two days of talks amid oil price slide, Omicron fears

LONDON: OPEC and its allies began two days of meetings on Wednesday to decide whether to release more oil into the...

Published 02 Dec, 2021 03:57am

Energy

US oil pares gains after weekly fuel stockpiles jump

NEW YORK: West Texas Intermediate (WTI) crude oil futures pared gains on Wednesday after U.S. government data showed...

Published 02 Dec, 2021 03:57am

Energy

Oil positions and prices back to neutral after Omicron-triggered flash crash: Kemp

LONDON: Portfolio managers were already selling oil even before news of the Omicron coronavirus variant sent prices...

Published 02 Dec, 2021 03:57am

Energy

KE’s 7-year tariff control period will end in June 2023

ISLAMABAD: Karachi Electric (KE) is to file its tariff petition for the next tariff control period by July 2022 as...

Updated 02 Dec, 2021 03:46pm

Energy

Asia Distillates: Jet fuel cash premiums rise, cracks gain

SINGAPORE: Asia’s cash premiums for jet fuel rose on Wednesday, after the Dec/Jan time spread for the aviation ...

Published 02 Dec, 2021 03:57am

Energy

Asia gasoline crack margins inch higher despite rising crude prices

SINGAPORE, Asia’s gasoline crack edged up on Wednesday to hit a more than one-week high, extending gains even as...

Published 02 Dec, 2021 03:57am

Energy

VLSFO cash premium prolongs winning streak, HSFO drops

SINGAPORE: Asia’s 0.5% very low-sulphur fuel oil (VLSFO) cash differential extended gains for a tenth straight...

Published 02 Dec, 2021 03:57am

Energy

OPEC+ starts two days of talks amid oil price slide, Omicron fears

LONDON: OPEC and its allies began two days of meetings on Wednesday to decide whether to release more oil into the...

Published 01 Dec, 2021 11:38pm

Energy

India’s Nov gasoil sales growth slows

NEW DELHI: India’s daily gasoil consumption grew 7% in November from the previous month, preliminary sales data of...

Published 03 Dec, 2021 04:31am

Energy

US crude stocks down, fuel inventories higher: EIA

US crude stocks fell while gasoline and distillate inventories rose, the Energy Information Administration said on...

Published 01 Dec, 2021 08:58pm

Energy

Collapse in US natural gas prices cut widow maker spread to 20-month low

US natural gas futures dropped to a three-month low on Wednesday along with a collapse in oil prices, cutting the...

Published 01 Dec, 2021 08:00pm

Energy

Oil prices climb over 4% ahead of OPEC meeting despite Omicron concerns

LONDON: Oil prices rose more than 4% on Wednesday, still struggling to recoup losses of more than 16% in November, ...

Published 01 Dec, 2021 05:37pm

Energy

ADNOC's national reserves rise 4bn stock tank barrels

CAIRO: Abu Dhabi National Oil Company (ADNOC) announced on Wednesday an increase in national reserves of 4 billion...

Published 01 Dec, 2021 02:19pm

Energy

California could save its last nuclear plant: US energy chief

WASHINGTON: California could reconsider closing its last nuclear power plant as public support has grown for the...

Published 01 Dec, 2021 02:13pm

Energy

OPEC+ begins two days of talks amid oil rout

LONDON: OPEC and its allies begin two days of meetings on Wednesday to decide whether to release more oil into the...

Published 01 Dec, 2021 12:07pm

Gainers
Losers
Leaders

Stock	Price
PICIC Ins.Ltd. / Dec 3 PICIC Insurance Limited(PIL)	1.22 ▲ 0.09 (7.96%)
Popular Islamic / Dec 3 Popular Islamic Modaraba(PIM)	15.36 ▲ 1.07 (7.49%)
Pak TobaccoXD / Dec 3 Pakistan Tobacco Company Limited(PAKT)	1049.99 ▲ 66.62 (6.77%)
Next Capital / Dec 3 Next Capital Limited(NEXT)	10.39 ▲ 0.64 (6.56%)
KASB Mod / Dec 3 KASB Modaraba(KASBM)	1.98 ▲ 0.09 (4.76%)
K-Electric Ltd. / Dec 3 K-Electric Limited(KEL)	3.22 ▲ 0.11 (3.54%)
Pervez Ahmed Co / Dec 3 Pervez Ahmed Consultancy Services Ltd.(PASL)	1.05 ▲ 0.02 (1.94%)
National Bank / Dec 3 National Bank of Pakistan(NBP)	34.00 ▲ 0.50 (1.49%)
Pak Oilfields / Dec 3 Pakistan Oilfields Limited(POL)	340.00 ▲ 4.89 (1.46%)
Kohinoor Ind. / Dec 3 Kohinoor Industries Limited(KOIL)	5.75 ▲ 0.07 (1.23%)

Stock	Price
Janana D Mal / Dec 3 Janana De Malucho Textile Mills Limited(JDMT)	71.60 ▲ -5.80 (-7.49%)
Pioneer Cement / Dec 3 Pioneer Cement Limited(PIOC)	78.00 ▲ -5.48 (-6.56%)
Kohinoor Textile / Dec 3 Kohinoor Textile Mills Limited(KTML)	56.00 ▲ -3.67 (-6.15%)
Mehran Sugar / Dec 3 Mehran Sugar Mills Limited(MRNS)	40.00 ▲ -2.25 (-5.33%)
Khyber Tobacco / Dec 3 Khyber Tobacco Company Limited(KHTC)	245.00 ▲ -13.75 (-5.31%)
Netsol Tech. / Dec 3 NetSol Technologies Limited(NETSOL)	90.21 ▲ -4.94 (-5.19%)
Pakgen Power / Dec 3 Pakgen Power Limited(PKGP)	25.00 ▲ -1.26 (-4.80%)
Maple Leaf / Dec 3 Maple Leaf Cement Factory Limited(MLCF)	32.75 ▲ -1.64 (-4.77%)
Octopus Digital / Dec 3 Octopus Digital Limited(OCTOPUS)	61.79 ▲ -2.98 (-4.60%)
Nazir Cotton Mills / Dec 3 Nazir Cotton Mills Limited(NCML)	5.00 ▲ -0.24 (-4.58%)

Stock	Volume
TPL Properties / Dec 3 TPL Properties Limited(TPLP)	16,471,500 ▼ 0.00
WorldCall Telecom / Dec 3 Worldcall Telecom Limited(WTL)	8,003,500 ▼ 0.00
Byco Petroleum / Dec 3 Byco Petroleum Pakistan Limited(BYCO)	7,233,000 ▼ 0.00
Unity Foods Ltd / Dec 3 Unity Foods Limited(UNITY)	6,151,260 ▼ 0.00
Telecard Limited / Dec 3 Telecard Limited(TELE)	5,846,000 ▼ 0.00
Ghani Glo Hol / Dec 3 Ghani Global Holdings Limited(GGL)	4,728,500 ▼ 0.00
Pak Refinery / Dec 3 Pakistan Refinery Limited(PRL)	4,457,500 ▼ 0.00
TRG Pak Ltd / Dec 3 TRG Pakistan Limited(TRG)	3,976,879 ▼ 0.00
Maple Leaf / Dec 3 Maple Leaf Cement Factory Limited(MLCF)	3,274,769 ▼ 0.00
G3 Tech. / Dec 3 G3 Technologies Limited(GTECH)	3,030,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 2	176.60
USD PKR Interbank Buying / Dec 2	176.50
USD to Japanese Yen / Dec 2	113.22
USD to Swiss Franc / Dec 2	0.92
Pound Sterling to USD / Dec 2	1.33
Euro to USD / Dec 2	1.13
UK LIBOR % / Dec 2	0.08

Stock	Volume
S&P 500 / Dec 2	4577.10
India Sensex / Dec 2	58461.29
Tokyo Nikkei / Dec 2	27753.37
Nasdaq / Dec 2	15381.32
Hang Seng / Dec 2	23788.93
FTSE 100 / Dec 2	7129.21
Dow Jones / Dec 2	34639.79
Germany DAX 30 / Dec 2	15263.11
France CAC40 / Dec 2	6795.75

Item	Value
Crude Oil / Dec 2	67.53
Karachi Cotton Assoc. / Dec 2	17380.00
Gold 10 Grams / Dec 2	99500.00
Gold Spot / Dec 2	1770.49
Cotton / Dec 2	103.70

Energy

Most Popular Articles