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Chris Wright

European shares close lower as investors weigh ME risks

Published 10 Jun, 2026 05:53am

FRANKFURT: European shares surrendered early gains on Tuesday to close lower for a third straight session, led by...

US Energy Secretary says ship traffic through Strait of Hormuz rising 'very meaningfully'

Published 09 Jun, 2026 07:51pm

Vessel movements on Strait have largely been blocked since US, Israeli strikes on Iran in late February

US official says gas prices have peaked despite Iran war

Published 21 Apr, 2026 10:26pm

WASHINGTON: US Energy Secretary Chris Wright said Tuesday gasoline prices appeared to have peaked after a surge...

US energy chief says gas prices could stay above $3 per gallon until next year

Published 19 Apr, 2026 09:44pm

Gas prices have risen during the US and Israeli war on Iran and Iranian attacks on nearby countries

Pakistan govt defends ‘calibrated’ fuel price hike

Updated 24 Mar, 2026 06:21pm

Govt increased petrol, diesel prices by Rs55 per litre each earlier this month

Oil jumps to highest settlement since July 2022 as more Mideast supply disrupted

Updated 21 Mar, 2026 04:38am

Strait of Hormuz disruptions keep oil prices high, analysts say

Removing sanctions on Iran oil will bring supplies into ports, US energy secretary says

Published 20 Mar, 2026 05:40pm

US may soon remove sanctions on Iranian oil

Oil prices slide 3pc

Published 17 Mar, 2026 05:57am

NEW YORK: Oil prices slid about 3 percent on Monday after some vessels sailed through the critical Strait of Hormuz,...

Oil prices mixed amid attacks on Gulf export facilities

Updated 16 Mar, 2026 06:31pm

Brent crude futures were up 16 cents to $103.30 a barrel
US West Texas Intermediate crude was down $1.50

Oil settles up 9pc

Published 13 Mar, 2026 06:12am

NEW YORK: Oil prices settled up about 9 percent on Thursday, at their highest in nearly four years, as Iran stepped...

US military ‘not ready’ to escort tankers through Hormuz Strait: energy secretary

Published 12 Mar, 2026 07:26pm

Wright's comments came as an attack on two oil tankers off Iraq killed at least one person, and oil prices briefly soared past $100.

US Navy has not escorted tanker through Hormuz: White House

Published 11 Mar, 2026 08:14am

WASHINGTON: The United States has not escorted any oil tanker through the Strait of Hormuz, the White House said...

Trump on rising gas prices during Iran operation: ‘If they rise, they rise’

Updated 06 Mar, 2026 06:23am

Rising fuel costs pose political risks

US will take action to mitigate oil price spike for Americans, Rubio says

Published 03 Mar, 2026 02:29am

Oil and gas prices surged on Monday following Israeli and U.S. strikes on Iran and retaliation by Tehran

US to West’s energy watchdog: scrap net zero focus or we’ll quit

Published 20 Feb, 2026 06:19am

PARIS: US Energy Secretary Chris Wright gave the International Energy Agency on Thursday a one-year deadline to ...

Oil prices slightly higher as optimism around US inflation data outweighs

Published 15 Feb, 2026 02:44am

HOUSTON: Oil prices settled marginally higher on Friday after data showed an overall slowdown in US inflation,...

US allows China to purchase Venezuelan oil but not at ‘undercut’ prices of Maduro days, official says

Published 22 Jan, 2026 11:43pm

The US will control Venezuela's oil sales, ensuring majority oil is sold to the US at fair prices

Trump says US oil pledged $100bn for Venezuela

Updated 10 Jan, 2026 07:24am

WASHINGTON: US President Donald Trump said Friday the world’s biggest oil companies pledged to invest USD100...

Trump urges US oil giants to repair Venezuela’s ‘rotting’ energy industry

Published 10 Jan, 2026 02:56am

We’re going to discuss how these great American companies can help rapidly rebuild Venezuela’s dilapidated oil industry

White House oil meeting on Venezuela includes independents, and strong links to Denver

Published 10 Jan, 2026 12:10am

White House meets oil executives, including independents like Continental Resources, to discuss Venezuela investment

Trump announces plan to sell Venezuelan oil as US signals it is in talks with Caracas

Published 07 Jan, 2026 11:27am

Maduro is in a New York jail awaiting drug charges after the Saturday morning raid that the US estimates killed about 75 people

World oil and gas demand could grow until 2050, IEA says

Published 12 Nov, 2025 10:23am

Trump’s Energy Secretary Chris Wright has called the IEA’s demand peak projections “nonsensical”

US says ‘non-market’ tactics needed to counter China’s rare earth dominance

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 19	316.15
Diesel/Litre / Jul 19	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

Chris Wright

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