Topic

fuel demand

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

Published 23 Feb, 2023 01:06pm

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

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

Published 23 Feb, 2023 05:52am

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

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

Published 23 Jan, 2023 08:05am

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

VLSFO premium dips further, HSFO holds steady

Published 10 Jan, 2023 06:00am

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

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

Published 09 Jan, 2023 08:59pm

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

Asia’s refining profit margin for gasoline flips

Published 01 Sep, 2022 05:50am

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

Naphtha crack drops for second straight day

Published 19 Jan, 2022 06:15am

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

India’s fuel demand rises

Published 12 Jan, 2022 04:25am

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

Asia’s naphtha crack extends gains

Published 11 Nov, 2021 05:20am

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

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

Published 29 Oct, 2021 05:40pm

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

Phillips 66 posts second straight quarterly profit as fuel demand rebounds

Updated 29 Oct, 2021 05:19pm

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

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.

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

Published 13 Jan, 2021 12:12am

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

Oil outlook for 2021 hit by new COVID-19 strain

Published 31 Dec, 2020 06:45pm

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.

Oil slips as surge in COVID-19 cases threatens demand

Published 18 Dec, 2020 03:23pm

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.

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

Published 02 Dec, 2020 02:46pm

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.

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 3	159.93
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.34
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
India Sensex / Jun 3	74,346.17
Tokyo Nikkei / Jun 3	68,402.13
Nasdaq / Jun 3	26,853.97
Hang Seng / Jun 3	25,633.21
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42

Item	Value
Crude Oil USD/Barrel / Jun 3	95.34
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,452.30
Cotton US¢/pound / Jun 3	80.51
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Wasl Mobility Mod. / Jun 3 Wasl Mobility Modaraba(WASL)	5.91 ▲ 1 (20.37%)
Gulshan Sp. / Jun 3 Gulshan Spinning Mills Limited(GSPM)	6.18 ▲ 1 (19.31%)
First AL-Noor Mod. / Jun 3 First Al-Noor Modaraba(FANM)	6.88 ▲ 1 (17.01%)
Chenab Ltd (Pref) / Jun 3 Chenab Limited (Pref)(CLCPS)	3.85 ▲ 0.44 (12.9%)
Chenab Ltd / Jun 3 Chenab Limited(CHBL)	9.61 ▲ 0.91 (10.46%)
Askari Life Assur. / Jun 3 Askari Life Assurance Company Limited(ALAC)	19.24 ▲ 1.75 (10.01%)
Dawood Equities / Jun 3 Dawood Equities Limited(DEL)	20.56 ▲ 1.87 (10.01%)
Grays Leasing / Jun 3 Grays Leasing Limited(GRYL)	20.89 ▲ 1.9 (10.01%)
Shahzad Tex. / Jun 3 Shahzad Textile Mills Limited(SZTM)	68.38 ▲ 6.22 (10.01%)
Ideal Spinning / Jun 3 Ideal Spinning Mills Limited(IDSM)	72.48 ▲ 6.59 (10%)

Stock	Price
Khairpur Sug. / Jun 3 Khairpur Sugar Mills Limited(KPUS)	2,164.61 ▼ -240.51 (-10%)
Diamond Ind. / Jun 3 Diamond Industries Limited(DIIL)	71.48 ▼ -7.9 (-9.95%)
Tri-Star Mutual / Jun 3 Tri-Star Mutual Fund Limited(TSMF)	16.88 ▼ -1.62 (-8.76%)
Power Cem(Pref) / Jun 3 Power Cement (Pref)(POWERPS)	27.79 ▼ -2.41 (-7.98%)
Paramount Mod / Jun 3 First Paramount Modaraba(FPRM)	13.90 ▼ -1.1 (-7.33%)
AN Textile Mills / Jun 3 AN Textile Mills Limited(ANTM)	30.18 ▼ -2.23 (-6.88%)
Al-Khair Gadoon / Jun 3 Al-Khair Gadoon Limited(AKGL)	52.03 ▼ -3.68 (-6.61%)
Gammon Pak / Jun 3 Gammon Pakistan Limited(GAMON)	19.23 ▼ -1.32 (-6.42%)
Burshane LPG / Jun 3 Burshane LPG (Pakistan) Limited(BPL)	56.96 ▼ -3.61 (-5.96%)
Punjab Oil / Jun 3 Punjab Oil Mills Limited(POML)	147.13 ▼ -8.47 (-5.44%)

Stock	Volume
Treet Battery / Jun 3 Treet Battery Limited(TBL)	46,642,698 ▼ -0.03
Dewan Cement / Jun 3 Dewan Cement Limited(DCL)	33,760,377 ▲ 0.4
Sitara Petroleum Service / Jun 3 Sitara Petroleum Service Limited(SPSL)	25,238,548 ▲ 0.84
Beco Steel Ltd / Jun 3 Beco Steel Limited(BECO)	23,949,474 ▲ 0.46
P.T.C.L. / Jun 3 Pakistan Telecommunication Company Ltd(PTC)	23,376,596 ▲ 0.82
TPL Corp Ltd / Jun 3 TPL Corp Limited(TPL)	17,752,841 ▲ 0.38
Cnergyico PK / Jun 3 Cnergyico PK Limited(CNERGY)	16,285,113 ▼ -0.2
WorldCall Telecom / Jun 3 Worldcall Telecom Limited(WTL)	14,753,659 ▼ -0.01
K-Electric Ltd. / Jun 3 K-Electric Limited(KEL)	13,876,959 ▼ -0.12
Mahanna Islamic Index / Jun 3 Mahanna Islamic Index Traded Fund(MIIETF)	13,316,500 ▼ -0.13

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