Middle East Africa Energy - Markets

Energy

Saudi energy minister says oil market on ‘right track’

ABU DHABI: Saudi Arabia's Energy Minister Khalid al-Falih said on Sunday the oil market is "on the right track" and

Published 13 Jan, 2019 02:41pm

Energy

Abu Dhabi awards Eni, PTTEP consortium two offshore exploration blocks in licensing round

ABU DHABI: Abu Dhabi National Oil Co. (ADNOC) said on Saturday it awarded a consortium formed by Italy's Eni and Thailan

Published 12 Jan, 2019 07:39am

Energy

UAE energy minister expects average oil price of $70 in 2019

ABU DHABI: United Arab Emirates Energy Minister Suhail al-Mazrouei said on Saturday he expects an average oil price of $

Published 12 Jan, 2019 07:28am

Energy

U.S. official says not to grant more waivers on Iran oil sanctions

ABU DHABI: U.S. Special Representative for Iran Brian Hook said on Saturday Washington was not looking to grant any more

Published 12 Jan, 2019 07:24am

Energy

OPEC is not the enemy of the US, UAE minister says

ABU DHABI: The Organization of Petroleum Exporting Countries is not the enemy of the United States, United Arab Emirates

Published 12 Jan, 2019 07:20am

Energy

Saudi cuts domestic price for Octane 95 by 0.02 riyal

RIYADH: Saudi Arabia is cutting the local price for Octane 95 gasoline to 2.02 riyal per litre from 2.04 last quarter an

Published 11 Jan, 2019 08:48pm

Energy

Saudi Arabia vows to slash oil exports after price slide

RIYADH: OPEC kingpin Saudi Arabia said Wednesday it would slash its oil exports by 800,000 barrels per day in January an

Published 09 Jan, 2019 07:18pm

Middle East Africa Energy

Saudi to slash oil exports after price slide: minister

RIYADH: OPEC kingpin Saudi Arabia will slash its oil exports in January by 10 percent compared to November, its ener

Updated 09 Jan, 2019 05:23pm

Energy

Saudi Arabia to announce slight rise in oil, gas reserves after audit

RIYADH: Saudi Arabia is expected to announce a slight rise in its crude oil and gas reserves after being independently a

Published 09 Jan, 2019 08:44am

Energy

Libya's oil revenue rose to $24.4bn in 2018: NOC

CAIRO: Libya's oil revenue rose to $24.4 billion in 2018, up 78 pct from 2017, Libya's National Oil Corporation (NOC) sa

Published 06 Jan, 2019 10:38pm

Energy

Libya suspends oil exports due to bad weather

LONDON: Libya's oil exports have been suspended as bad weather conditions forced the OPEC country to shut all its ex

Published 03 Jan, 2019 12:56pm

Energy

Iraq's oil exports rise to 3.73mn bpd in December: oil ministry

BAGHDAD: Iraq's oil exports averaged 3.726 million barrels per day (bpd) in December, a significant increase from th

Published 02 Jan, 2019 01:25pm

Energy

Iraq's Kirkuk oil exports to stay restricted

BAGHDAD: Exports from Iraq's northern Kirkuk oilfields to the Turkish port of Ceyhan will stay at between 80-90,000

Published 26 Dec, 2018 11:40am

Energy

NOC head and Libyan PM agree new plan to protect fields

TRIPOLI: Libya's National Oil Corporation chairman Mustafa Sanalla and the country's internationally recognised Prime Mi

Published 24 Dec, 2018 07:48pm

Middle East Africa Energy

OPEC will hold extra meeting if output cuts ‘not enough’

KUWAIT: OPEC and allied oil producers are ready to hold an extraordinary meeting and will do what is needed if the c

Published 24 Dec, 2018 12:28pm

Energy

Oil producers to have extra meeting if output cuts ‘not enough’: UAE

KUWAIT: If an agreed cut in oil output by 1.2 million barrels per day is not enough to balance the market, OPEC and

Published 23 Dec, 2018 03:37pm

Energy

Oil market likely to rebalance early 2019: OPEC ministers

KUWAIT CITY: Oil ministers from leading OPEC nations said Sunday they expect prices will arrest their recent slide a

Published 23 Dec, 2018 02:11pm

Energy

OPEC to release country quotas for oil output cut

DUBAI: Oil producer group OPEC plans to release a table detailing output cut quotas for its members and allies such

Published 20 Dec, 2018 10:58am

Energy

Aramco will double gas production and availability over 10 years

RIYADH: Saudi Arabia's oil giant Aramco will double its production and availability of gas over the next 10 years, energ

Published 19 Dec, 2018 12:08pm

Energy

ADNOC, Cepsa award engineering contract to Spain's Tecnicas Reunidas

DUBAI: State energy giant Abu Dhabi National Oil Company (ADNOC) and oil firm Cepsa have awarded a contract to design a

Published 18 Dec, 2018 12:56pm

Energy

Libya NOC declares force majeure on El Sharara oilfield, El Feel stays open

TRIPOLI: Libya's National Oil Company (NOC) has declared force majeure on operations at the country's largest oilfield,

Published 18 Dec, 2018 12:20pm

Energy

Kuwait's National Petroleum plans new oil refinery

DUBAI: Kuwait National Petroleum Co. plans a new oil refinery, to be built in southern Kuwait, the country's oil ministr

Published 16 Dec, 2018 03:30pm

Middle East Africa Energy

Qatar Petroleum signs deal with Italy's ENI for stake in Mexican oilfields

DOHA: Qatar Petroleum (QP) signed on Sunday an agreement with Italy's ENI to buy a stake in three offshore oilfields in

Published 16 Dec, 2018 12:32pm

Energy

Qatar's private sector grew almost 6pc in 2018 despite oil price volatility

DOHA: Qatar's private sector grew by almost 6 percent in 2018 despite volatile oil prices, its finance minister said on

Published 15 Dec, 2018 12:11pm

Energy

Iran will not reduce oil output, to stay in OPEC: Zanganeh

DUBAI: Iranian Oil Minister Bijan Zanganeh said on Thursday that his country has no plans to reduce its oil production,

Published 13 Dec, 2018 03:21pm

Energy

OPEC exit frees Qatar from U.S. legal concerns

DUBAI/DOHA: Even before taking over Qatar's energy policy in a government reshuffle last month, Qatar Petroleum (QP) CEO

Published 13 Dec, 2018 08:10am

Energy

OPEC and non-OPEC output deal to be signed in three months: UAE minister

ABU DHABI: A deal to cut oil production by OPEC and non-OPEC countries will be signed in three months' time in Saudi Ara

Published 10 Dec, 2018 03:57pm

Energy

UAE's ADNOC to cut Jan crude nominations following OPEC pullback

DUBAI: State-run Abu Dhabi National Oil Company (ADNOC) has informed its customers of a cut in its crude oil nominations

Published 10 Dec, 2018 01:03pm

Energy

ADNOC awards 4pc interest in onshore concession to China ZhenHua

DUBAI: Abu Dhabi's ADNOC awarded China ZhenHua a 4 percent stake in its onshore oil concession, previously held by CEFC

Published 09 Dec, 2018 01:38pm

Middle East Africa Energy

Saudi oil exports seen down 1 million bpd in Jan from Nov levels

VIENNA: Saudi Arabia's crude oil exports are expected to drop next month by some 1 million barrels per day (bpd) fro

Published 08 Dec, 2018 11:45pm

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 13	276.80 ▼ -0.01
USD PKR Interbank Buying / Nov 13	276.60 ▼ -0.01
USD to Japanese Yen / Nov 13	159.71 ▼ -0.21
USD to Swiss Franc / Nov 13	0.84 ▲ 0.003
Pound Sterling to USD / Nov 13	1.32 ▼ -0.0022
Euro to USD / Nov 13	1.10 ▼ -0.0036
SOFR % / Nov 12	3.90 ▲ 0.01

Stock	Volume
S&P 500 / Nov 13	7,561.67
India Sensex / Nov 13	81,592.45
Tokyo Nikkei / Nov 13	61,142.35
Nasdaq / Nov 13	25,136.27
Hang Seng / Nov 13	23,637.60
FTSE 100 / Nov 13	10,902.56
Dow Jones / Nov 13	52,347.55
Germany DAX 30 / Nov 13	26,749.95
France CAC40 / Nov 13	8,368.91

Item	Value
Petrol/Litre / Nov 14	330
Diesel/Litre / Nov 14	360
Crude Oil USD/Barrel / Nov 13	88.56
Karachi Cotton PKR/37.32 KG / Nov 13	18,080
Gold 10 Grams PKR / Nov 13	352,911
Gold Spot USD/Ounce / Nov 13	3,884.49
Cotton US¢/pound / Nov 13	82.61

Gainers
Losers
Leaders

Stock	Price
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	6.07 ▲ 1 (19.72%)
Dewan Sugar / Nov 13 Dewan Sugar Mills Limited(DWSM)	8.77 ▲ 1 (12.87%)
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	2.64 ▲ 0.28 (11.86%)
Shabbir Tiles / Nov 13 Shabbir Tiles & Ceramics Limited(STCL)	10.10 ▲ 1 (10.99%)
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	1.38 ▲ 0.13 (10.4%)
Pervez Ahmed Consultancy / Nov 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	12.06 ▲ 1.1 (10.04%)
Unicap Modaraba / Nov 13 Unicap Modaraba(UCAPM)	22.84 ▲ 2.08 (10.02%)
Leather Up Ltd. / Nov 13 Leather Up Limited(LEUL)	82.90 ▲ 7.54 (10.01%)
Ningbo Green Light / Nov 13 Ningbo Green Light Energy Limited(NGLEL)	16.48 ▲ 1.5 (10.01%)
Zuma Resources / Nov 13 Zuma Resources Limited(ZUMA)	33.75 ▲ 3.07 (10.01%)

Stock	Price
Arpak Int. / Nov 13 Arpak International Investments Ltd.(ARPAK)	124.84 ▼ -13.87 (-10%)
First AL-Noor Mod. / Nov 13 First Al-Noor Modaraba(FANM)	12.64 ▼ -1.36 (-9.71%)
Shadman Cotton / Nov 13 Shadman Cotton Mills Limited(SHCM)	69.87 ▼ -6.73 (-8.79%)
Fateh Sports / Nov 13 Fateh Sports Wear Limited(FSWL)	193.60 ▼ -16.58 (-7.89%)
Asim Textile / Nov 13 Asim Textile Mills Limited(ASTM)	62.73 ▼ -4.34 (-6.47%)
D.M. Corporation / Nov 13 D.M. Corporation Limited(DMC)	151.06 ▼ -9.64 (-6%)
Bhanero Textile / Nov 13 Bhanero Textile Mills Limited(BHAT)	1,207.41 ▼ -76.42 (-5.95%)
Hira Textile / Nov 13 Hira Textile Mills Limited(HIRAT)	4.01 ▼ -0.24 (-5.65%)
J.A.Textile / Nov 13 J.A. Textile Mills Limited(JATM)	73.72 ▼ -4.26 (-5.46%)
AN Textile Mills / Nov 13 AN Textile Mills Limited(ANTM)	58.55 ▼ -3.21 (-5.2%)

Stock	Volume
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	303,195,710 ▲ 0.13
Kohinoor Spinning / Nov 13 Kohinoor Spinning Mills Limited(KOSM)	59,505,118 ▲ 0.34
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	46,791,082 ▲ 0.28
Dost Steels Ltd. / Nov 13 Dost Steels Limited(DSL)	43,180,738 ▲ 0.37
TPL Properties / Nov 13 TPL Properties Limited(TPLP)	32,746,701 ▲ 0.48
Tasdeeq Info. Serv. / Nov 13 Tasdeeq Information Services Limited(TISL)	27,571,943 ▲ 0.05
F. Nat.Equities / Nov 13 First National Equities Limited(FNEL)	24,996,122 ▲ 0.01
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	24,965,743 ▲ 1
Cnergyico PK / Nov 13 Cnergyico PK Limited(CNERGY)	22,527,745 ▲ 0.14
Dar-es-Salaam / Nov 13 Dar-es-Salaam Textile Mills Limited(DSML)	21,467,835 ▲ 0.82

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