Energy

Oil rises on US crude draw, Iraqi supply risks

LONDON: Oil prices rose on Thursday as a surprise drop in US crude stockpiles and a halt in exports from Iraq’s...

Updated 30 Mar, 2023 06:18pm

Energy

OPEC+ unlikely to tweak oil policy in Monday talks

LONDON/MOSCOW: OPEC+ is likely to stick to its existing deal to cut oil output at a meeting on Monday, five...

Published 30 Mar, 2023 06:12pm

Energy

US oil may drop into $70.55-$71.49 range

SINGAPORE: US oil may drop into $70.55-$71.49 range, as it has ended its rise around a resistance at $74.37 per...

Published 30 Mar, 2023 10:17am

Energy

Brent oil may fall into $76.47-$77.20 range

Brent oil may fall into a range of $76.47-$77.20 per barrel, as it has completed a bounce around a resistance at...

Published 30 Mar, 2023 10:13am

Energy

MoU signed to explore, pursue green hydrogen opportunities

ISLAMABAD: Leading exploration and production (E&P) companies, Oil and Gas Development Company Limited (OGDCL),...

Published 30 Mar, 2023 06:35am

Energy

US crude stockpiles fall unexpectedly as imports hit 2-year low: EIA

HOUSTON: US crude oil stockpiles fell unexpectedly last week as refineries restarted operations after maintenance ...

Published 30 Mar, 2023 06:35am

Energy

Oil dips amid choppy trading; markets debate supply tightness

HOUSTON: Oil ticked down on Wednesday in choppy trading as investors looked to pocket profits from two straight days...

Published 30 Mar, 2023 06:35am

Energy

Barclays warns of upside oil price risk from protracted Kurdish supply halt

BENGALURU: Barclays on Tuesday warned that a disruption in oil exports by the Kurdistan Regional Government (KRG)...

Published 30 Mar, 2023 06:35am

Energy

China completes first yuan-settled LNG trade

BEIJING: Chinese national oil company CNOOC and France’s TotalEnergies have completed China’s first yuan-settled...

Published 30 Mar, 2023 06:35am

Energy

VLSFO cash premium slides for third straight day

SINGAPORE: Asia’s cash premium for very low sulphur fuel oil (VLSFO) fell for a third consecutive session on...

Published 30 Mar, 2023 06:35am

Energy

Gasoil, jet fuel cracks decline

SINGAPORE: Asia’s 10-ppm sulphur gasoil and jet fuel margins fell for the third consecutive day due to thin...

Published 30 Mar, 2023 06:35am

Energy

US natgas futures fall

NEW YORK: US natural gas futures fell about 3% to a fresh 30-month low on Wednesday ahead of expiration of the front...

Published 30 Mar, 2023 06:35am

Energy

EU countries seek legal option to stop Russian LNG imports

BRUSSELS: European Union countries agreed on Tuesday to seek a legal option to stop Russian companies sending...

Published 30 Mar, 2023 08:17am

Energy

Oil edges higher as markets debate supply tightness

HOUSTON: Oil edged slightly higher on Wednesday as worries of tight supply after an unexpected draw in U.S. oil...

Updated 29 Mar, 2023 09:31pm

Energy

EU agrees to extend Spain-Portugal gas price cap until end-Dec

MADRID: The European Union has agreed to extend a price cap set on natural gas used for power generation in Spain ...

Published 30 Mar, 2023 06:35am

Energy

SocGen pulled out of NextDecade LNG project

PARIS: Societe Generale pulled out of Texas-based energy company NextDecade’s Rio Grande Liquefied Natural Gas...

Published 30 Mar, 2023 06:35am

Energy

Dhabeji SEZ to get 250MW of power by June next year, NA panel told

ISLAMABAD: Dhabeji Special Economic Zone (DSEZ) will be supplied 250 MW of power by June 2024 with a delay of five...

Published 30 Mar, 2023 06:35am

Energy

Russia announces deal to boost oil supplies to India

MOSCOW: Russian energy giant Rosneft announced a deal on Wednesday to ramp up oil sales to India, as Moscow seeks...

Published 29 Mar, 2023 05:29pm

Energy

US oil may end rise around $74.37

SINGAPORE: US oil may end its gains around a resistance at $74.37 per barrel, as suggested by a projection analysis....

Published 29 Mar, 2023 09:52am

Energy

Brent oil may end rise around $80

Brent oil may end its rise around a resistance at $80 per barrel, and resume its downtrend from $86.75. The...

Published 29 Mar, 2023 09:49am

Energy

PYMA office-bearer rejects hike in power, gas tariffs

KARACHI: Sohail Nisar, Senior Vice Chairman, Pakistan Yarn Merchants Association (PYMA), has rejected huge hike on...

Published 29 Mar, 2023 06:27am

Energy

Oil prices rise $1/bbl on Kurdish supply risks

NEW YORK: Crude prices rose about $1 a barrel on Tuesday, extending sharp gains from the previous session on supply...

Published 29 Mar, 2023 06:27am

Energy

Wave of new LNG export plants threatens to hit gas prices

HOUSTON: A flood of liquefied natural gas (LNG) export projects due online worldwide in mid-decade will vie against...

Published 29 Mar, 2023 06:27am

Energy

HSFO margins recover to nine-month highs

SINGAPORE: Refining margins for high sulphur fuel oil (HSFO) rose to nine-month highs as of Tuesday, supported by...

Published 29 Mar, 2023 06:27am

Energy

Gasoil, jet fuel cracks extend losses

SINGAPORE: Asia’s 10-ppm sulphur gasoil margins and jet fuel cracks extended losses for a second consecutive day...

Published 29 Mar, 2023 06:27am

Energy

US natgas futures slip

NEW YORK: US natural gas futures eased about 1% on Tuesday, putting the front-month on track to close at a 30-month...

Published 29 Mar, 2023 06:27am

Energy

China completes first yuan-settled LNG trade

BEIJING: Chinese national oil company CNOOC and France’s TotalEnergies have completed China’s first yuan-settled...

Published 28 Mar, 2023 05:01pm

Energy

Oil extends gains on Kurdish supply risks, banking relief

LONDON: Crude prices firmed on Tuesday, extending sharp gains from the previous session amid supply disruption risks...

Updated 28 Mar, 2023 04:47pm

Energy

US oil may gain more to $74.37 after brief consolidation

SINGAPORE: US oil may gain more to $74.37 per barrel, as it has broken a resistance zone of $70.55 to $70.80. Before...

Published 28 Mar, 2023 10:43am

Energy

Brent oil may retrace to $77.20

Brent oil may retrace to $77.20 per barrel, before retesting a resistance at $78.44. The contract faces a resistance...

Published 28 Mar, 2023 10:41am

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Mar 30 Chakwal Spinning Mills Limited(CWSM)	1.36 ▲ 0.20 (17.24%)
First IBL Mod. / Mar 30 First IBL Modaraba(FIBLM)	5.90 ▲ 0.60 (11.32%)
First Pak Mod. / Mar 30 First Pak Modaraba(PAKMI)	1.34 ▲ 0.13 (10.74%)
Dewan Sugar / Mar 30 Dewan Sugar Mills Limited(DWSM)	2.57 ▲ 0.23 (9.83%)
Unicap Modaraba / Mar 30 Unicap Modaraba(UCAPM)	1.77 ▲ 0.15 (9.26%)
Premier Insurance / Mar 30 Premier Insurance Limited(PINL)	7.50 ▲ 0.63 (9.17%)
B.R.R.Guardian / Mar 30 B.R.R. Guardian Modaraba(BRR)	12.04 ▲ 0.99 (8.96%)
Ismail Ind. / Mar 30 Ismail Industries Limited(ISIL)	518.26 ▲ 36.15 (7.50%)
Khyber Tex. / Mar 30 Khyber Textile Mills Limited(KHYT)	397.42 ▲ 27.72 (7.50%)
Suraj Cotton / Mar 30 Suraj Cotton Mills Limited(SURC)	102.53 ▲ 7.15 (7.50%)

Stock	Price
First Prudential Mod. / Mar 30 First Prudential Modaraba(PMI)	1.40 ▼ -0.24 (-14.63%)
Trust Mod. / Mar 30 Trust Modaraba(TRSM)	1.30 ▼ -0.20 (-13.33%)
Sapphire Fibres / Mar 30 Sapphire Fibres Limited(SFL)	1018 ▼ -82.00 (-7.45%)
Sardar Chemical / Mar 30 Sardar Chemical Industries Limited(SARC)	32 ▼ -2.55 (-7.38%)
Gadoon Textile / Mar 30 Gadoon Textile Mills Limited(GADT)	192.50 ▼ -15.30 (-7.36%)
Philip Morris Pak. / Mar 30 Philip Morris (Pakistan) Limited(PMPK)	461 ▼ -36.43 (-7.32%)
Pakistan Services / Mar 30 Pakistan Services Limited(PSEL)	876 ▼ -69.10 (-7.31%)
Shield Corp. / Mar 30 Shield Corporation Limited(SCL)	282 ▼ -22.00 (-7.24%)
Bal. Wheel / Mar 30 Baluchistan Wheels Limited(BWHL)	68.42 ▼ -5.18 (-7.04%)
JDW Sugar / Mar 30 JDW Sugar Mills Limited(JDWS)	356 ▼ -26.79 (-7.00%)

Stock	Volume
Telecard Limited / Mar 30 Telecard Limited(TELE)	12,447,500 ▼ -0.21
WorldCall Telecom / Mar 30 Worldcall Telecom Limited(WTL)	9,398,662 ▲ 0.01
Pakistan Alumin / Mar 30 Pakistan Aluminium Beverage Cans Limited(PABC)	7,638,000 ▲ 0.23
Pak Elektron / Mar 30 Pak Elektron Limited(PAEL)	6,136,500 ▼ -0.05
Pak Int.Bulk / Mar 30 Pakistan International Bulk Terminal(PIBTL)	6,018,500 ▲ 0.08
Engro Corp / Mar 30 Engro Corporation Limited(ENGRO)	5,429,492 ▼ -0.02
Nishat Mills Ltd / Mar 30 Nishat Mills Limited(NML)	4,517,879 ▲ 0.46
Shifa Int.Hosp / Mar 30 Shifa International Hospitals Limited(SHFA)	4,299,000 ▼ -1.99
Agha Steel Ind. / Mar 30 Agha Steel Ind.Ltd(AGHA)	3,645,000 ▲ 0.36
K-Electric Ltd. / Mar 30 K-Electric Limited(KEL)	3,416,092 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 30	285.65
USD PKR Interbank Buying / Mar 30	283.65
USD to Japanese Yen / Mar 30	132.47
USD to Swiss Franc / Mar 30	0.92
Pound Sterling to USD / Mar 30	1.23
Euro to USD / Mar 30	1.08
UK LIBOR % / Mar 29	4.81

Stock	Volume
S&P 500 / Mar 29	4027.81
India Sensex / Mar 29	57960.09
Nasdaq / Mar 29	11926.24
Dow Jones / Mar 29	32717.60
Tokyo Nikkei / Mar 30	27782.93
Hang Seng / Mar 30	20309.13
FTSE 100 / Mar 30	7578.80
Germany DAX 30 / Mar 30	15430.39
France CAC40 / Mar 30	7235.99

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 29	18935
Gold 10 Grams PKR / Mar 29	176268
Crude Oil USD/Barrel / Mar 30	72.81
Gold Spot USD/Ounce / Mar 30	1963.79
Cotton US¢/pound / Mar 30	82.34

Energy

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