Trends - fuel - Business Recorder

fuel

PM says power load-shedding to end by May 1

ISLAMABAD: Prime Minister Shehbaz Sharif was informed on Tuesday that there is power shortfall between 500 MW to...

Updated 27 Apr, 2022 10:17am

World

Malaysia urges countries to prioritise food over fuel as Indonesia bans palm exports

KUALA LUMPUR: Countries should pause or slow use of edible oil as biofuel to ensure adequate supply for use in food,...

Published 26 Apr, 2022 05:20am

Business & Finance

OCAC confirms ample availability of fuel in country

KARACHI: The Oil Companies Advisory Council (OCAC), the primary representative of the downstream oil industry, has...

Updated 26 Apr, 2022 10:20am

Markets

Sri Lanka shares plunge as Buddhist leaders ask govt to resign

COLOMBO: Sri Lanka’s stock market halted trading after a nearly 13 percent plunge Monday as the island nation’s...

Published 26 Apr, 2022 05:20am

PSO arranges five extra cargoes of diesel

KARACHI: In view of the increasing demand of diesel, mainly due to harvesting season and limited product...

Updated 26 Apr, 2022 09:58am

Business & Finance

Shell Pakistan posts Rs2,079m profit after tax

KARACHI: The Board of Directors of Shell Pakistan Limited announced the first quarter results for the company on...

Published 22 Apr, 2022 05:36am

Opinion

Coal is back in the spotlight

With a current power shortfall touching 5500MW in the country, Pakistan struggles to find a sustainable fuel ...

Published 16 Apr, 2022 04:10am

World

Iran Guards say they have seized two ships with smuggled fuel in Gulf

DUBAI: Iran’s Revolutionary Guards said on Friday they had seized two vessels along the country’s coast on the...

Published 16 Apr, 2022 04:10am

Markets

Asia’s naphtha

NEW DELHI: Asia’s naphtha markets steadied on Friday after tumbling nearly 20% in the last session on fears of...

Published 17 Mar, 2022 04:53am

Markets

Oil drops as investors scoop up profits after US inventory build

TOKYO: Oil prices fell on Friday, after rising to seven-year highs this week, as investors took profits after a ...

Published 21 Jan, 2022 11:29am

Business & Finance

Sri Lanka economy slumps in face of forex crisis

COLOMBO: Sri Lanka's economy shrank in the third quarter as a foreign exchange crisis wrecked its recovery from the...

Published 16 Dec, 2021 11:34am

Markets

UAE's Fujairah November marine fuel sales slip 6% to 2-month low

SINGAPORE: Sales volumes of marine fuel in the United Arab Emirates' (UAE) Fujairah marine refuelling and oil ...

Published 15 Dec, 2021 12:43pm

Markets

China's Oct clean marine fuel exports rise 22.6% from year earlier

BEIJING: China's exports of clean marine bunker, also known as very low-sulphur fuel oil (VLSFO), rose 22.6% in...

Published 21 Nov, 2021 11:59am

Business & Finance

Japan prices rise for second month

TOKYO: Japan's core consumer prices rose slightly year-on-year in October for the second month running, driven in...

Published 19 Nov, 2021 10:01am

Markets

Stronger fuel demand boosts profits at crude oil refineries

LAUNCESTON, (Australia): Stronger fuel demand has boosted profits at crude oil refineries across Asia in recent...

Published 13 Nov, 2021 04:08am

World

No more immigration: PM says Britain is in period of adjustment

MANCHESTER: British Prime Minister Boris Johnson said on Sunday he would not return to "uncontrolled immigration" to...

Published 04 Oct, 2021 05:56am

Markets

US natgas futures hold near two-week low

NEW YORK: US natural gas futures held near a two-week low for a third day in a row on Thursday as the market waits...

Published 24 Sep, 2021 04:40am

CAD, inflation: Interest rate hiked by 25 bps to 7.25pc

KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has announced to raise the key...

Updated 21 Sep, 2021 10:05am

Markets

Lebanon raises fuel prices by 66% as it tries to ease shortages

The fuel crisis worsened this month when the central bank said it could no longer finance fuel imports at heavily subsidised exchange rates and would switch to market rates

Published 22 Aug, 2021 01:11pm

Pakistan

Authorities plan to remove fuel from stranded ship

KARACHI: Port authorities plan to remove fuel from a merchant ship that ran aground in rough seas last week before...

Published 27 Jul, 2021 04:40am

Markets

India fuel consumption picks up in June as lockdowns ease

Fuel demand in India would recover to pre-pandemic levels by the end of this year after being

Published 01 Jul, 2021 11:07am

World

Israel to allow fuel for power plant into Gaza

OCCUPIED JERUSALEM: Israel said Sunday it would allow fuel for electricity production to resume to Gaza, the latest...

Published 28 Jun, 2021 04:38am

Business & Finance

Pent-up demand, shortages fuel US inflation

WASHINGTON: US consumer prices surged in April, with a measure of underlying inflation blowing past the Federal...

Published 30 May, 2021 03:51am

Markets

China's April diesel exports rise 5.7% on resurgent overseas demand

Below is the latest customs data on fuel exports and imports of LNG in millions of tonnes.

Published 18 May, 2021 11:15am

Markets

World oil gains more than 1pc on fuel demand optimism

NEW YORK: Crude prices rose more than 1% on Wednesday, after US distillate inventories posted a large drawdown and...

Published 29 Apr, 2021 03:52am

Markets

Asia Fuel Oil: VLSFO time spread slips

SINGAPORE: Asia’s 0.5% very low-sulphur fuel oil (VLSFO) front-month time spread slipped to a three-week low of 50...

Published 23 Apr, 2021 05:12am

Markets

Oil climbs nearly 5pc on signs of increasing crude demand

NEW YORK: Oil prices surged almost 5% on Wednesday, after a report from the International Energy Agency, followed by...

Published 15 Apr, 2021 03:22am

Opinion

US voting law debates stoke tussle over airline tax breaks

Airlines are bracing for challenges to tax breaks they receive from US states as a result of wading in to a ...

Published 10 Apr, 2021 04:35am

Markets

Shell expects at best steady fuel sales for first quarter

Total upstream production was expected to rise to 2.4-2.48 million barrel of oil equivalent from 2.37 million in the fourth quarter of 2020.

Published 07 Apr, 2021 12:41pm

World

Indonesia death toll reaches 55 from floods, 40 missing

"We're sending basic logistical needs such as food, blankets and others," Raditya Jati, the agency spokesman said.

Published 05 Apr, 2021 09:01am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 28 786 Investments Limited(786)	5.37 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 28 Al-Abbas Sugar Mills Limited(AABS)	430 ▼ 0.00 (0.00%)
Agro Allianz / May 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 28 Allied Bank Limited(ABL)	67.02 ▼ 0.00 (0.00%)
Abbott Lab. / May 28 Abbott Laboratories (Pakistan) Limited(ABOT)	396.88 ▼ 0.00 (0.00%)
Abson Ind. / May 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 28 Alfalah Consumer Index ETF.(ACIETF)	6.44 ▼ 0.00 (0.00%)
Attock Cement / May 28 Attock Cement Pakistan Limited(ACPL)	84.92 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 28 786 Investments Limited(786)	5.37 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 28 Al-Abbas Sugar Mills Limited(AABS)	430 ▲ 0.00 (0.00%)
Agro Allianz / May 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 28 Allied Bank Limited(ABL)	67.02 ▲ 0.00 (0.00%)
Abbott Lab. / May 28 Abbott Laboratories (Pakistan) Limited(ABOT)	396.88 ▲ 0.00 (0.00%)
Abson Ind. / May 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 28 Alfalah Consumer Index ETF.(ACIETF)	6.44 ▲ 0.00 (0.00%)
Attock Cement / May 28 Attock Cement Pakistan Limited(ACPL)	84.92 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / May 28 Worldcall Telecom Limited(WTL)	10,337,204 ▲ 0.00
Maple Leaf Cement / May 28 Maple Leaf Cement Factory Limited(MLCF)	9,791,080 ▲ 0.00
National Bank / May 28 National Bank of Pakistan(NBP)	6,677,000 ▲ 0.00
K-Electric Ltd. / May 28 K-Electric Limited(KEL)	6,575,839 ▲ 0.00
TPL Properties / May 28 TPL Properties Limited(TPLP)	6,146,502 ▲ 0.00
TRG Pak Ltd / May 28 TRG Pakistan Limited(TRG)	5,905,462 ▲ 0.00
Cnergyico PK / May 28 Cnergyico PK Limited(CNERGY)	5,687,015 ▲ 0.00
Unity Foods Ltd / May 28 Unity Foods Limited(UNITY)	5,667,051 ▲ 0.00
Fauji Cement / May 28 Fauji Cement Company Limited(FCCL)	5,559,000 ▲ 0.00
Gul Ahmed / May 28 Gul Ahmed Textile Mills Limited(GATM)	5,224,816 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 26	285.40
USD PKR Interbank Buying / May 26	285.15
USD to Japanese Yen / May 26	140.60
USD to Swiss Franc / May 26	0.91
Pound Sterling to USD / May 26	1.23
Euro to USD / May 26	1.07
UK LIBOR % / May 26	5.06

Stock	Volume
Hang Seng / May 25	18746.92
S&P 500 / May 26	4205.45
India Sensex / May 26	62501.69
Tokyo Nikkei / May 26	30916.31
Nasdaq / May 26	12975.69
FTSE 100 / May 26	7627.20
Dow Jones / May 26	33093.34
Germany DAX 30 / May 26	15983.97
France CAC40 / May 26	7319.18

Item	Value
Crude Oil USD/Barrel / May 26	72.67
Karachi Cotton PKR/37.32 KG / May 26	20235
Gold 10 Grams PKR / May 26	202118
Gold Spot USD/Ounce / May 26	1946.46
Cotton US¢/pound / May 26	80.54

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