Trends - fuel demand - Business Recorder

fuel demand

India expects fuel demand to grow 4.7% in the next fiscal year

BENGALURU: India’s fuel demand is likely to grow 4.7% in the next fiscal year beginning on April 1, initial...

Published 23 Feb, 2023 01:06pm

Markets

Oil drops over 2pc on demand worries ahead of Fed comments

BENGALURU: Oil prices fell by $2 per barrel on Wednesday as investors grew more worried that recent economic data...

Published 23 Feb, 2023 05:52am

Markets

Oil up more than 1pc, on track for second week of gains

NEW YORK: Oil rose by about $1 a barrel on Friday and headed for a second straight weekly gain, spurred largely by...

Published 23 Jan, 2023 08:05am

Markets

VLSFO premium dips further, HSFO holds steady

SINGAPORE: Asia’s spot premium for very low sulphur fuel oil (VLSFO) dipped for a third straight session on Monday...

Published 10 Jan, 2023 06:00am

World

India’s fuel demand hits nine-month high in December

India’s fuel demand reached a nine-month high in December, helped by strong industrial activity and a rise in...

Published 09 Jan, 2023 08:59pm

Markets

Asia’s refining profit margin for gasoline flips

NEW DELHI: Asia’s refining profit margin for gasoline flipped to a discount on Wednesday amid the darkening fuel...

Published 01 Sep, 2022 05:50am

Markets

Naphtha crack drops for second straight day

NEW DELHI: Asia’s naphtha crack dropped on Tuesday for a second consecutive session on concerns of waning demand...

Published 19 Jan, 2022 06:15am

Markets

India’s fuel demand rises

BENGALURU: India’s December fuel demand rose about 0.4 percent year-on-year, data from the oil ministry’s...

Published 12 Jan, 2022 04:25am

Markets

Asia’s naphtha crack extends gains

NEW DELHI: Asia’s naphtha crack extended gains on Wednesday as the market remained tight amid firm feedstock ...

Published 11 Nov, 2021 05:20am

Business & Finance

Chevron posts highest profit in 8 years on surging oil, gas prices

HOUSTON: Chevron Corp on Friday posted its highest quarterly profit in eight years on surging oil and gas prices,...

Published 29 Oct, 2021 05:40pm

Business & Finance

Phillips 66 posts second straight quarterly profit as fuel demand rebounds

In refining, we saw a notable improvement in realized margins, operated well and navigated hurricane-related challenges, CEO says

Updated 29 Oct, 2021 05:19pm

Markets

Asia’s naphtha cracks edge higher

SINGAPORE: Asia’s naphtha crack extended gains on Thursday, climbing to $104.30 a tonne, while gasoline margins...

Published 04 Jun, 2021 05:06am

Markets

Asia gasoline cracks rise

SINGAPORE: Asian refining margins for gasoline rose on Tuesday, buoyed by expectations of a demand recovery in...

Published 19 May, 2021 06:00am

Markets

Huge rise in coronavirus cases hit India’s April fuel demand

NEW DELHI: Indian state refiners’ local fuel sales in April declined due to state-level restrictions aimed at...

Published 02 May, 2021 03:23am

Markets

India's January fuel demand down 3.9pc y/y

Fuel consumption, a proxy for oil demand, totalled 18.01 million tonnes.
Sales of gasoline, or petrol, rose by about 6.1% from a year earlier to 2.61 million tonnes.

Published 09 Feb, 2021 08:17pm

Markets

Oil hits 11-month high near $57 on tight supply expectations

Saudi Arabia plans to cut output by an extra 1 million barrels per day (bpd) in February and March to keep inventories in check.

Published 13 Jan, 2021 12:12am

Markets

Oil outlook for 2021 hit by new COVID-19 strain

Pace of oil demand recovery to depend on vaccine rollouts –analysts.
Some analysts say no return to pre-pandemic levels before 2023.
OPEC to meet on Jan. 4 to decide on output.
Brent has averaged $43.21/bbl in 2020, WTI about $39.34.

Published 31 Dec, 2020 06:45pm

Markets

Oil slips as surge in COVID-19 cases threatens demand

U.S. West Texas Intermediate (WTI) crude futures slipped 14 cents or 0.29pc, to $48.22 a barrel at 0757 GMT, while Brent crude futures fell 20 cents, or 0.39pc, to $51.30.

Published 18 Dec, 2020 03:23pm

Business & Finance

'Second wave' hampers Pakistan’s Refining, Fuel Demand Growth Outlooks: Report

The report said that a sharp resurgence in new daily Covid-19 infections in Pakistan has put the brakes on the government’s economic reopening plans after earlier lockdowns.

Published 02 Dec, 2020 02:46pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 20	283.77
USD PKR Interbank Buying / Jun 20	283.52
USD to Japanese Yen / Jun 20	146.09
USD to Swiss Franc / Jun 20	0.82
Pound Sterling to USD / Jun 20	1.35
Euro to USD / Jun 20	1.15
UK LIBOR % / Jun 20	4.96

Stock	Volume
S&P 500 / Jun 20	5,967.84
India Sensex / Jun 20	82,408.17
Tokyo Nikkei / Jun 20	38,403.23
Nasdaq / Jun 20	19,447.41
Hang Seng / Jun 20	23,530.48
FTSE 100 / Jun 20	8,774.65
Dow Jones / Jun 20	42,206.82
Germany DAX 30 / Jun 20	23,350.55
France CAC40 / Jun 20	7,589.66

Item	Value
Crude Oil USD/Barrel / Jun 20	74.93
Karachi Cotton PKR/37.32 KG / Jun 20	16,785
Gold 10 Grams PKR / Jun 20	306,069
Gold Spot USD/Ounce / Jun 20	3,368.39
Cotton US¢/pound / Jun 20	66.70
Petrol/Litre / Jun 23	258.43
Diesel/Litre / Jun 23	262.59

Gainers
Losers
Leaders

Stock	Price
Cresent Jute / Jun 23 Crescent Jute Products Limited(CJPL)	7.35 ▲ 0.86 (13.25%)
Pak. P.V.C. / Jun 23 Pakistan PVC Limited(PPVC)	9.66 ▲ 0.97 (11.16%)
AN Textile Mills / Jun 23 AN Textile Mills Limited(ANTM)	25.70 ▲ 2.34 (10.02%)
Shahzad Tex. / Jun 23 Shahzad Textile Mills Limited(SZTM)	51.23 ▲ 4.66 (10.01%)
Rupali polyester / Jun 23 Rupali Polyester Limited(RUPL)	27.07 ▲ 2.46 (10%)
Karam Ceramics / Jun 23 Karam Ceramics Limited(KCL)	66.80 ▲ 6.07 (10%)
Leather Up Ltd. / Jun 23 Leather Up Limited(LEUL)	42.90 ▲ 3.9 (10%)
Fazal Cloth / Jun 23 Fazal Cloth Mills Limited(FZCM)	205.70 ▲ 18.7 (10%)
Frontier Ceram / Jun 23 Frontier Ceramics Limited(FRCL)	36.30 ▲ 3.3 (10%)
Al-Khair Gadoon / Jun 23 Al-Khair Gadoon Limited(AKGL)	51.90 ▲ 4.72 (10%)

Stock	Price
United BankXD / Jun 23 United Bank Limited(UBL)	263.87 ▼ -260.32 (-49.66%)
Pervez Ahmed Consultancy / Jun 23 Pervez Ahmed Consultancy Services Ltd.(PASL)	2.55 ▼ -0.29 (-10.21%)
Popular Islamic / Jun 23 Popular Islamic Modaraba(PIM)	14.65 ▼ -1.63 (-10.01%)
Macter Int. Ltd / Jun 23 Macter International Limited(MACTER)	559.64 ▼ -62.18 (-10%)
Kohat Textile / Jun 23 Kohat Textile Mills Limited(KOHTM)	79.83 ▼ -8.87 (-10%)
Pakgen Power / Jun 23 Pakgen Power Limited(PKGP)	155.75 ▼ -17.31 (-10%)
Shadman Cotton / Jun 23 Shadman Cotton Mills Limited(SHCM)	45.25 ▼ -5.03 (-10%)
Nets Internat.Comm. / Jun 23 Nets International Communication Limited(GEMNETS)	36.90 ▼ -4.1 (-10%)
PIA Holding Co.B / Jun 23 PIA Holding Company Limited B(PIAHCLB)	10,038.50 ▼ -1115.33 (-10%)
Bunnys Limited / Jun 23 Bunnys Limited(BNL)	60.92 ▼ -6.77 (-10%)

Stock	Volume
WorldCall Telecom / Jun 23 Worldcall Telecom Limited(WTL)	20,536,037 ▼ -0.03
K-Electric Ltd. / Jun 23 K-Electric Limited(KEL)	12,589,472 ▼ -0.17
Sui South Gas / Jun 23 Sui Southern Gas Company Limited(SSGC)	8,477,039 ▲ 0.28
Dewan Cement / Jun 23 Dewan Cement Limited(DCL)	7,487,857 ▼ -0.68
Pervez Ahmed Consultancy / Jun 23 Pervez Ahmed Consultancy Services Ltd.(PASL)	7,148,244 ▼ -0.29
Faysal Bank / Jun 23 Faysal Bank Limited(FABL)	5,769,880 ▲ 0.18
B.O.Punjab / Jun 23 The Bank of Punjab(BOP)	5,209,791 ▼ -0.18
Siddiqsons Tin / Jun 23 Siddiqsons Tin Plate Limited(STPL)	4,603,732 ▲ 0.07
Maple Leaf Cement / Jun 23 Maple Leaf Cement Factory Limited(MLCF)	4,568,068 ▼ -1.3
Cnergyico PK / Jun 23 Cnergyico PK Limited(CNERGY)	4,329,484 ▼ -0.24

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