ANL 16.01 Decreased By ▼ -0.14 (-0.87%)
ASC 13.77 Decreased By ▼ -0.15 (-1.08%)
ASL 18.36 Decreased By ▼ -0.41 (-2.18%)
BOP 8.95 Increased By ▲ 0.20 (2.29%)
BYCO 7.37 Decreased By ▼ -0.17 (-2.25%)
FCCL 18.05 Increased By ▲ 0.26 (1.46%)
FFBL 23.00 Decreased By ▼ -0.08 (-0.35%)
FFL 15.20 Decreased By ▼ -0.05 (-0.33%)
FNEL 7.20 Decreased By ▼ -0.05 (-0.69%)
GGGL 16.80 Decreased By ▼ -0.10 (-0.59%)
GGL 28.02 Decreased By ▼ -1.18 (-4.04%)
HUMNL 6.43 Decreased By ▼ -0.05 (-0.77%)
JSCL 19.80 Decreased By ▼ -0.30 (-1.49%)
KAPCO 27.30 Decreased By ▼ -0.85 (-3.02%)
KEL 3.40 Decreased By ▼ -0.03 (-0.87%)
MDTL 2.18 Decreased By ▼ -0.06 (-2.68%)
MLCF 35.15 Increased By ▲ 0.03 (0.09%)
NETSOL 104.50 Decreased By ▼ -4.45 (-4.08%)
PACE 4.23 Decreased By ▼ -0.12 (-2.76%)
PAEL 27.05 Decreased By ▼ -0.95 (-3.39%)
PIBTL 8.25 Decreased By ▼ -0.17 (-2.02%)
POWER 7.01 Increased By ▲ 0.01 (0.14%)
PRL 16.40 Decreased By ▼ -0.25 (-1.5%)
PTC 9.10 Decreased By ▼ -0.07 (-0.76%)
SILK 1.52 Increased By ▲ 0.04 (2.7%)
SNGP 41.00 Decreased By ▼ -0.02 (-0.05%)
TELE 17.34 Increased By ▲ 0.61 (3.65%)
TRG 130.00 Decreased By ▼ -4.10 (-3.06%)
UNITY 29.85 No Change ▼ 0.00 (0%)
WTL 2.43 Decreased By ▼ -0.11 (-4.33%)
BR100 4,778 Increased By ▲ 61.97 (1.31%)
BR30 20,682 Decreased By ▼ -157.64 (-0.76%)
KSE100 45,892 Increased By ▲ 392.34 (0.86%)
KSE30 18,039 Increased By ▲ 214.45 (1.2%)

Coronavirus
LOW Source: covid.gov.pk
Pakistan Deaths
28,328
1624hr
Pakistan Cases
1,266,826
62224hr
1.4% positivity
Sindh
466,750
Punjab
438,433
Balochistan
33,149
Islamabad
106,571
KPK
177,132

NEW DELHI: Asia's gasoline crack slipped below $7 a barrel on Monday, while a series of trades at the window lifted prices for the benchmark 92-octane grade. The crack eased to $6.73 per barrel, hitting a two-week low, from $7.46 on Friday.

Adding optimism to demand sentiment, there were eight deals in physical markets, of which six were for the benchmark grade and two were for the higher 95-octane grade of the fuel. PTT and Vitol bought three cargoes each, while Unipec purchased one cargo.

"While we have long held a bullish oil view, the current global supply-demand deficit is larger than we expected, with the recovery in global demand from the Delta impact even faster than our above-consensus forecast and with global supply remaining short of our below consensus forecasts," Goldman Sachs said in a note dated Sept. 26.

Meanwhile, the naphtha crack in the region remained little changed at $135.33 a tonne from $135.08 in the last session. In the markets, PetroDiamond purchased a first-half December loading cargo of naphtha.

Comments

Comments are closed.