Trends - diesel - Business Recorder

diesel

Emergency EU oil meeting focused on securing diesel supply

BRUSSELS: European Union officials discussed diversifying oil stocks and creating a buffer for diesel and gasoil...

Published 28 Oct, 2023 05:58am

Markets

Diesel release valve: China poised to save West from shortages again

As the northern hemisphere heads into winter, the U.S. and European oil sectors are counting on rising exports from...

Published 13 Oct, 2023 08:43pm

Markets

Pakistan Refinery says it has achieved historic production in September

Pakistan Refinery Limited (PRL), a subsidiary of Pakistan State Oil Company Limited (PSO), said it achieved a...

Published 11 Oct, 2023 03:09pm

BR Research

Diesel: Low(est) demand or high(est) smuggling?

September 2023 petroleum sales numbers were a rude awakening – laying bare so many things simultaneously. From the...

Published 10 Oct, 2023 09:05am

Business & Finance

BMP demands govt slash oil prices

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’ Businessmen Panel (BMP) has asked the...

Updated 09 Oct, 2023 09:37am

Business & Finance

Current Ogra pricing: Exchange rate adjustment for PSO not incorporated: OCAC

ISLAMABAD: The Oil Companies Advisory Council (OCAC) says that the exchange rate adjustment for Pakistan State Oil...

Published 07 Sep, 2023 06:21am

Construction of bonded warehouses: Policy introduced to facilitate foreign oil firms

LAHORE: Minister of State for Petroleum Dr Musadik Malik said on Wednesday that government had introduced a new...

Updated 29 Jun, 2023 03:21pm

Markets

EU urged to crack down on imports of Indian fuels made with Russian oil: FT

The European Union should crack down on India reselling Russian oil into Europe as refined fuels including diesel,...

Published 16 May, 2023 09:56am

Markets

Incentive to refineries: Petroleum Div for Rs3/litre hike in prices of petrol, diesel

ISLAMABAD: Petroleum Division has reportedly proposed increase of rates of Motor Spirit (MS) and High Speed Diesel...

Published 03 May, 2023 06:35am

Markets

Parco shuts refinery for five days for maintenance

ISLAMABAD: Pak-Arab Refinery Ltd temporarily shut down its refinery operations for five days as part of its ...

Published 07 Apr, 2023 06:06am

Markets

‘Scheduled maintenance’: PARCO shuts down refinery for 5 days

Shutdown not expected to disrupt supply of petrol and diesel in Pakistan, it says

Published 06 Apr, 2023 05:08pm

Markets

India extends export curbs on gasoline, diesel

MUMBAI: India has extended restrictions on the export of diesel and gasoline, the government said in a notification,...

Published 02 Apr, 2023 12:54pm

Markets

India plans to extend fuel export curbs

NEW DELHI: India plans to extend restrictions on the export of diesel and gasoline after the current fiscal year ...

Published 21 Mar, 2023 06:29am

Markets

Sufficient petrol, diesel stocks available in Pakistan: OGRA

The Oil and Gas Regulatory Authority (OGRA) on Tuesday “strongly rebutted” speculations over the shortage of...

Updated 24 Jan, 2023 04:15pm

Markets

PSO sends huge quantity of petrol, diesel to Mansehra

MANSEHRA: While taking notice of the shortage of petroleum products in the district Mansehra, Area Manager of...

Published 24 Jan, 2023 08:16am

Markets

China’s diesel, gasoline exports surge in Dec on quotas, weak demand

LONDON: China’s diesel exports rose for a second month in December, while gasoline exports climbed for a third...

Published 18 Jan, 2023 05:15pm

Markets

Gasoil margins down on mixed oil, cautious sentiment

SINGAPORE: Gains in Asia’s 10 ppm sulphur gasoil margins were shortlived on Tuesday, with the market weakening...

Published 18 Jan, 2023 07:07am

Markets

Asia distillates: gasoil margins, premiums down

SINGAPORE: Asia’s 10-ppm sulphur gasoil margins weakened on expectations of rising supply in the next few months...

Published 04 Jan, 2023 07:01am

Business & Finance

US poised to become net exporter of crude oil in 2023

HOUSTON: The United States has become a global crude oil exporting power over the last few years, but exports have...

Published 20 Dec, 2022 05:58am

Petrol, diesel and LNG at discounted rates: Russian ministers due next month

ISLAMABAD: A Russian ministerial delegation is scheduled to visit Pakistan in January 2023 for further negotiation ...

Updated 06 Dec, 2022 09:33am

Markets

Diesel demand could shrink next year, IEA says

LONDON: The International Energy Agency (IEA) on Tuesday forecast a small decline in diesel and gasoil demand next...

Published 15 Nov, 2022 06:06pm

World

India defers tax levy on unblended, dirtier fuel amid rising prices

NEW DELHI: India has deferred the imposition of taxes on dirtier and unblended retail fuel at a time when it is...

Published 01 Oct, 2022 01:54pm

World

United Arab Emirates to supply Germany with gas, diesel: report

ABU DHABI: The United Arab Emirates agreed Sunday an “energy security” agreement with Germany to supply liquefied...

Updated 25 Sep, 2022 07:15pm

Business & Finance

Loop Energy says new hydrogen fuel cell more efficient than diesel engine

Hydrogen fuel cell maker Loop Energy said on Sunday that its latest cell system can deliver better fuel economy than...

Published 18 Sep, 2022 10:12pm

Pakistan

Govt increases petrol price by Rs2.07, takes it to Rs235.98 per litre

Price of diesel also increased by Rs2.99 per litre, new rate at Rs247.43

Published 01 Sep, 2022 12:24am

Markets

US fuel retailers rail against green aviation fuel tax credit

NEW YORK: US fuel retailers are fighting the inclusion of a tax credit for sustainable aviation fuel (SAF) in...

Published 08 Aug, 2022 10:24am

BR Research

Fuel reserves: poor timing?

June 2022 was the third time when monthly imports (PBS) crossed $7.5 billion. In earlier instances, there were...

Published 22 Jul, 2022 08:57am

Pakistan

Government to slash petrol prices today: Miftah Ismail

Finance minister says public has stood with the government during difficult times and bore the burden of inflation and now we want to provide relief

Updated 14 Jul, 2022 07:32pm

Business & Finance

India’s export curbs, tax hike to exacerbate global diesel, gasoline shortage

NEW DELHI: India’s latest measures aimed at boosting domestic oil supplies could reduce its diesel and gasoline...

Published 07 Jul, 2022 05:35am

Markets

India's export curbs, tax hike to exacerbate global diesel, gasoline shortage

NEW DELHI: India's latest measures aimed at boosting domestic oil supplies could reduce its diesel and gasoline...

Published 06 Jul, 2022 02:26pm

Gainers
Losers
Leaders

Stock	Price
Dewan Sugar / Dec 1 Dewan Sugar Mills Limited(DWSM)	3.73 ▲ 1.00 (36.63%)
Universal Ins. / Dec 1 The Universal Insurance Company Limited(UVIC)	6.15 ▲ 1.00 (19.42%)
Saritow Spinning / Dec 1 Saritow Spinning Mills Limited(SSML)	7.98 ▲ 1.00 (14.33%)
Abdullah Shah / Dec 1 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	7.01 ▲ 0.84 (13.61%)
PICIC Ins.Ltd. / Dec 1 PICIC Insurance Limited(PIL)	1 ▲ 0.10 (11.11%)
Next Capital / Dec 1 Next Capital Limited(NEXT)	6.22 ▲ 0.55 (9.70%)
Shaheen Ins. / Dec 1 Shaheen Insurance Company Limited(SHNI)	3.65 ▲ 0.32 (9.61%)
LSE Propetech / Dec 1 LSE Propetech Limited(LSEPL)	3.63 ▲ 0.31 (9.34%)
Ruby Textile / Dec 1 Ruby Textile Mills Limited(RUBY)	4.80 ▲ 0.40 (9.09%)
Haseeb Waqas / Dec 1 Haseeb Waqas Sugar Mills Limited(HWQS)	11.20 ▲ 0.82 (7.90%)

Stock	Price
Askari Life Assur. / Dec 1 Askari Life Assurance Company Limited(ALAC)	5.16 ▼ -0.79 (-13.28%)
Tri-Star Mutual / Dec 1 Tri-Star Mutual Fund Limited(TSMF)	5 ▼ -0.63 (-11.19%)
Aruj Industries / Dec 1 Aruj Industries Limited(ARUJ)	8.15 ▼ -0.87 (-9.65%)
Trust Sec.& Brok. / Dec 1 Trust Securities & Brokerage Limited(TSBL)	8.35 ▼ -0.71 (-7.84%)
Siemens Pak. / Dec 1 Siemens (Pakistan) Engineering(SIEM)	717.18 ▼ -58.15 (-7.50%)
Leiner Pak Gelat / Dec 1 Leiner Pak Gelatine Limited(LPGL)	21.71 ▼ -1.46 (-6.30%)
Kohinoor Power / Dec 1 Kohinoor Power Company Limited(KOHP)	5.10 ▼ -0.32 (-5.90%)
HBL Growth Fund / Dec 1 HBL Growth Fund(HGFA)	8.05 ▼ -0.44 (-5.18%)
Pervez Ahmed Co / Dec 1 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.82 ▼ -0.04 (-4.65%)
Unilever Foods / Dec 1 Unilever Pakistan Foods Limited(UPFL)	21500 ▼ -1000.00 (-4.44%)

Stock	Volume
Fauji Foods Ltd / Dec 1 Fauji Foods Limited(FFL)	34,548,158 ▼ -0.02
Fauji Fert Bin / Dec 1 Fauji Fertilizer Bin Qasim Limited(FFBL)	33,025,000 ▲ 0.10
WorldCall Telecom / Dec 1 Worldcall Telecom Limited(WTL)	28,095,487 ▲ 0.06
Pak Elektron / Dec 1 Pak Elektron Limited(PAEL)	25,003,481 ▲ 1.14
Fauji Cement / Dec 1 Fauji Cement Company Limited(FCCL)	23,516,000 ▲ 1.14
Maple Leaf Cement / Dec 1 Maple Leaf Cement Factory Limited(MLCF)	22,246,997 ▲ 1.73
Dewan Cement / Dec 1 Dewan Cement Limited(DCL)	17,398,000 ▼ -0.03
B.O.Punjab / Dec 1 The Bank of Punjab(BOP)	16,209,942 ▼ -0.08
Air Link Com. / Dec 1 Air Link Communication Limited(AIRLINK)	13,026,034 ▲ 4.32
Hum Network / Dec 1 Hum Network Limited(HUMNL)	12,730,000 ▲ 0.42

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 30	285.78
USD PKR Interbank Buying / Nov 30	285.23
USD to Japanese Yen / Nov 30	148.02
USD to Swiss Franc / Nov 30	0.87
Pound Sterling to USD / Nov 30	1.26
Euro to USD / Nov 30	1.09
UK LIBOR % / Nov 30	5.46

Stock	Volume
S&P 500 / Nov 30	4567.80
India Sensex / Nov 30	66988.44
Tokyo Nikkei / Nov 30	33486.89
Nasdaq / Nov 30	14226.22
Hang Seng / Nov 30	17042.88
FTSE 100 / Nov 30	7453.75
Dow Jones / Nov 30	35950.89
Germany DAX 30 / Nov 30	16215.43
France CAC40 / Nov 30	7310.77

Item	Value
Crude Oil USD/Barrel / Nov 30	75.50
Karachi Cotton PKR/37.32 KG / Nov 30	17435
Gold 10 Grams PKR / Nov 30	189472
Gold Spot USD/Ounce / Nov 30	2039.45
Cotton US¢/pound / Nov 30	80.06

Avari Hotels, Avari family target of alleged blackmail & vilification campaign

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