Energy

Oil ends week lower as demand concerns face Russia supply

HOUSTON: Oil prices held steady on Friday but closed the week lower on profit-taking and as markets weighed supply...

Published 25 Sep, 2023 06:34am

Energy

Mardan Circle: Pesco busts gang involved in tampering with meters

PESHAWAR: During the ongoing campaign against electricity thieves, Peshawar Electric Supply Company (Pesco) has...

Published 25 Sep, 2023 06:34am

Energy

US natural gas up as warmer forecasts boost power demand

NEW YORK: US natural gas futures edged up about 1% on Friday on forecasts for warmer-than-normal weather in early...

Published 24 Sep, 2023 03:21am

Energy

Anti-power theft crackdown: ‘real payoff’ to become measurable from next month, says PD

Power Division secretary says the amount recovered has crossed Rs7.9 billion, while 2,301 persons have been arrested

Updated 23 Sep, 2023 08:44pm

Energy

Global LNG: Asia prices notch up amid spot buys, easing Japan inventories

SINGAPORE: Asian spot liquefied natural gas (LNG) prices rose $1 this week due to buying activity by China and...

Published 22 Sep, 2023 04:56pm

Energy

India says rising oil prices a concern, but economic outlook ‘bright’

NEW DELHI: Rising oil prices are a concern for the Indian economy but its outlook remains bright after better...

Published 22 Sep, 2023 12:10pm

Energy

Oil prices rise as Russia fuel export ban stokes supply concerns

LONDON: Oil prices rose on Friday as renewed global supply concerns from Russia’s fuel export ban counteracted...

Updated 22 Sep, 2023 05:49pm

Energy

SSGC’s response to ‘UFG – the elephant in the room’

KARACHI: This is with reference to the news article entitled ‘UFG – the elephant in the room’ carried by the...

Published 22 Sep, 2023 03:33am

Energy

Oil up slightly; trade choppy as Russia fuel export ban boosts

NEW YORK: Oil prices were slightly higher in choppy trading on Thursday, rising as much as $1 a barrel after a...

Published 22 Sep, 2023 03:33am

Energy

US natgas prices little changed

NEW YORK: US natural gas futures were little changed on Thursday as the market waited for direction from a federal...

Published 22 Sep, 2023 03:33am

Energy

Oil rebounds to climb $1 as Russia bans most fuel exports

LONDON: Oil prices rebounded from $1 down to $1 up in trading on Thursday, after a Russian ban on fuel exports...

Updated 21 Sep, 2023 07:37pm

Energy

Russia temporarily bans fuel exports to most countries in response to shortages

MOSCOW: Russia has temporarily banned exports of gasoline and diesel to all countries outside a circle of four...

Published 21 Sep, 2023 07:33pm

Energy

Shell seeks partners for renewable assets in India

LONDON: Shell is seeking partners to invest in renewable assets developed and operated by its Indian business Sprng...

Published 21 Sep, 2023 05:05pm

Energy

China’s 2023 natural gas demand may rise 8%: CNOOC

TIANJIN: China’s natural gas demand this year is expected to grow by 8% from 2022 to 396.4 billion cubic metres...

Published 21 Sep, 2023 12:29pm

Energy

Pakistan forced to spend $30bn on imported fuels: ‘Completion of TAPI, IP gas lines critical for meeting energy needs’

ISLAMABAD: Completion of Turkmenistan-Afghanistan-Pakistan-India (TAPI) and Iran-Pakistan gas pipelines are critical...

Published 21 Sep, 2023 06:08am

Energy

US natgas prices fall

NATGAS: US natural gas futures fell about 4% on Wednesday as the amount of gas flowing to the nation’s liquefied...

Published 21 Sep, 2023 06:08am

Energy

Oil prices eased ahead of Fed rate decision

NEW YORK: Oil prices eased on Wednesday ahead of the US Federal Reserve’s interest rate decision, with investors...

Published 21 Sep, 2023 06:08am

Energy

KP CM for timely completion of hydel power projects

PESHAWAR: Caretaker Chief Minister Khyber Pakhtunkhwa Muhammad Azam Khan on Wednesday called for the timely...

Published 21 Sep, 2023 06:08am

Energy

Oil little changed ahead of US Fed rate decision

NEW YORK: Oil prices were little changed on Wednesday ahead of the U.S. Federal Reserve’s interest rate decision,...

Updated 20 Sep, 2023 09:01pm

Energy

Pakistan’s power generation cost declines nearly 18% in August

Amid rising electricity bills, the cost of power generation in Pakistan registered a significant decline of nearly...

Updated 20 Sep, 2023 06:13pm

Energy

PPL’s profit jumps whopping 79% in FY23

Pakistan Petroleum Limited (PPL), a key supplier of natural gas in the county, saw its profit-after-tax (PAT) jump...

Updated 20 Sep, 2023 04:49pm

Energy

US natural gas futures up

NEW YORK: US natural gas futures climbed about 2% to a two-week high on Tuesday with a drop in daily output and as...

Published 20 Sep, 2023 06:28am

Energy

Oil prices hit 10-month highs on supply concerns

NEW YORK: Oil prices jumped over 1 percent on Tuesday to 10-month highs, as weak US shale output compounded supply...

Published 20 Sep, 2023 06:28am

Energy

Industrial surveillance: SSGC generates extra Rs5.5bn revenue

KARACHI: SSGC’s Security Services and Counter Gas Theft Operations (SS&CGTO) Department is at the forefront of...

Published 20 Sep, 2023 06:28am

Energy

OGDCL announces gas discovery at Chak 214-1 in RYK

ISLAMABAD: The Oil & Gas Development Company Limited (OGDCL), serving as the sole operator of the Mari East ...

Updated 20 Sep, 2023 06:51am

Energy

Russia considers export duty on oil products of $250/T from Oct. 1

Possible move comes amid domestic fuel shortage in Russia

Updated 19 Sep, 2023 08:30pm

Energy

WTI price surge shuts arbitrage oil flows from US to Europe, Asia

SINGAPORE: A sudden surge in U.S. West Texas Intermediate crude prices that pulled Brent higher has shut off...

Published 19 Sep, 2023 04:29pm

Energy

‘Mafias within Discos’ feeling the heat, says Power Division secretary

Statement comes as government crackdown against power theft enters 12th day

Updated 19 Sep, 2023 06:59pm

Energy

Pakistan’s power sector circular debt swells to Rs2.31tr in FY23

Despite massive increase in tariff, amount increases Rs57bn during fiscal year

Updated 19 Sep, 2023 08:51pm

Energy

Kenya extends oil supply agreement with three Gulf companies

NAIROBI: Kenya has extended an oil supply deal with three Gulf-based companies to December 2024, the energy...

Published 19 Sep, 2023 01:21pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 25 Al-Abbas Sugar Mills Limited(AABS)	490 ▼ 0.00 (0.00%)
Agro Allianz / Sep 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 25 Allied Bank Limited(ABL)	70.08 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 25 Abbott Laboratories (Pakistan) Limited(ABOT)	351.05 ▼ 0.00 (0.00%)
Abson Ind. / Sep 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 25 Alfalah Consumer Index ETF.(ACIETF)	7.32 ▼ 0.00 (0.00%)
Attock Cement / Sep 25 Attock Cement Pakistan Limited(ACPL)	85 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 25 Al-Abbas Sugar Mills Limited(AABS)	490 ▲ 0.00 (0.00%)
Agro Allianz / Sep 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 25 Allied Bank Limited(ABL)	70.08 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 25 Abbott Laboratories (Pakistan) Limited(ABOT)	351.05 ▲ 0.00 (0.00%)
Abson Ind. / Sep 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 25 Alfalah Consumer Index ETF.(ACIETF)	7.32 ▲ 0.00 (0.00%)
Attock Cement / Sep 25 Attock Cement Pakistan Limited(ACPL)	85 ▲ 0.00 (0.00%)

Stock	Volume
Cnergyico PK / Sep 25 Cnergyico PK Limited(CNERGY)	10,563,972 ▲ 0.00
WorldCall Telecom / Sep 25 Worldcall Telecom Limited(WTL)	10,059,097 ▲ 0.00
Unity Foods Ltd / Sep 25 Unity Foods Limited(UNITY)	8,137,436 ▲ 0.00
Hub Power Co. / Sep 25 The Hub Power Company Limited(HUBC)	7,480,117 ▲ 0.00
K-Electric Ltd. / Sep 25 K-Electric Limited(KEL)	7,220,289 ▲ 0.00
Dewan Motors / Sep 25 Dewan Farooque Motors Limited(DFML)	6,909,431 ▲ 0.00
Pak Petroleum / Sep 25 Pakistan Petroleum Limited(PPL)	6,762,444 ▲ 0.00
Maple Leaf Cement / Sep 25 Maple Leaf Cement Factory Limited(MLCF)	6,752,226 ▲ 0.00
Nishat Chun.Pow. / Sep 25 Nishat Chunian Power Limited(NCPL)	5,546,500 ▲ 0.00
Bankislami Pak. / Sep 25 BankIslami Pakistan Limited(BIPL)	4,318,326 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 22	292.10
USD PKR Interbank Buying / Sep 22	291.70
USD to Japanese Yen / Sep 22	148.37
USD to Swiss Franc / Sep 22	0.91
Pound Sterling to USD / Sep 22	1.22
Euro to USD / Sep 22	1.07
UK LIBOR % / Sep 22	5.43

Stock	Volume
S&P 500 / Sep 22	4320.06
India Sensex / Sep 22	66009.15
Tokyo Nikkei / Sep 22	32402.41
Nasdaq / Sep 22	13211.81
Hang Seng / Sep 22	18057.45
FTSE 100 / Sep 22	7683.91
Dow Jones / Sep 22	33963.84
Germany DAX 30 / Sep 22	15557.29
France CAC40 / Sep 22	7184.82

Item	Value
Crude Oil USD/Barrel / Sep 22	90.03
Karachi Cotton PKR/37.32 KG / Sep 22	19035
Gold 10 Grams PKR / Sep 22	185020
Gold Spot USD/Ounce / Sep 22	1925.24
Cotton US¢/pound / Sep 22	85.91

Calculate your monthly liability in FY24

Energy

Most Popular Articles