Trends - furnace oil - Business Recorder

furnace oil

4 additional cargoes of LNG, five cargoes of furnace oil arranged

ISLAMABAD: The federal government has arranged four additional cargoes of LNG and five cargoes of furnace oil to...

Updated 20 May, 2022 10:17am

Markets

Record high: April HSD sales grow 17pc to 919,442MTs YoY

KARACHI: Highest ever monthly sales of 919,442MTs of high speed diesel (HSD) were recorded during the month of April...

Updated 14 May, 2022 02:13pm

Jul-Mar LSMI output jumps 10.4pc YoY

ISLAMABAD: The overall output of Large Scale Manufacturing Industries (LSMI) increased by 10.4 percent for...

Updated 14 May, 2022 10:04am

BR Research

Power to remain costly

March’s Fuel Charges Adjustment (FCA) has been approved by the regulator at Rs2.87 per unit. This is a respite of...

Published 11 May, 2022 08:32am

Gas supply issues: Base tariff of KE increases to Rs31/kWh

ISLAMABAD: The base tariff of Karachi Electric (KE) has soared to Rs 31/kWh due to less supply of gas and pressure...

Updated 04 May, 2022 10:27am

Opinion

Indigenous coal crucial to country’s energy security

Pakistan must pursue its indigenous coal objective for its long-term strategic energy security. The utilisation of...

Published 30 Apr, 2022 05:53am

Reduction in power outage in next 10 days: govt

ISLAMABAD: Minister for Power Engineer Khurram Dastagir on Friday expressed the confidence that there would be...

Updated 30 Apr, 2022 10:32am

Markets

PD asked to get refining policy approved

ISLAMABAD: Refinery sector asked the Petroleum Division to get the refining policy approved as delay may jeopardise...

Published 19 Apr, 2022 05:32am

BR Research

OMC sales and robust demand

After a slower February 2022, petroleum product sales in March 2022 are back to being robust. Sales of petroleum...

Published 06 Apr, 2022 08:24am

Power load-shedding may stay in Ramazan

ISLAMABAD: The country may face load shedding in Ramazan (likely to commence from April 3, 2022) due to shortage of...

Updated 30 Mar, 2022 12:31pm

Jul-Jan LSMI output up 7.6pc YoY

ISLAMABAD: The overall output of Large Scale Manufacturing Industries (LSMI) increased by 7.6 percent for...

Updated 19 Mar, 2022 10:14am

BR Research

PRL - silver lining ahead?

The refinery sector has been under continuous criticism for not upgrading its archaic technology. The same factor ...

Published 11 Feb, 2022 08:10am

BR Research

Petroleum sales upbeat

After the seven months of the current fiscal year – 7MFY22, the petroleum consumption in the country is up as seen...

Published 03 Feb, 2022 07:43am

BR Research

National Refinery Limited

National Refinery Limited (PSX: NRL) is the country’s only lube refinery. It was incorporated in 1963 and was...

Published 27 Jan, 2022 07:54am

Procurement of costly furnace oil irks Senate panel

ISLAMABAD: A panel of the Senate Thursday expressed serious concern over the procurement of furnace oil instead of...

Updated 14 Jan, 2022 09:24am

OCAC’s solution aimed at rescuing local refineries?

Oil Companies Advisory Council (OCAC) proposes to the Ministry of Energy (MoE) to continue generating 1,500MW electricity on HSFO for five years

Updated 10 Jan, 2022 09:27am

BR Research

Oil sales and seasonal slowdown

2021 ended on a rather slower note for the oil marketing companies as petroleum product sales slowed for the second...

Published 05 Jan, 2022 08:52am

Markets

Sales of petroleum, lubricants decline 6pc YoY, 14pc MoM

KARACHI: The total petroleum and lubricant sales clocked-in at 1.51 million tons in December 2021, depicting a...

Published 05 Jan, 2022 05:36am

BR Research

Pakistan State Oil

Being the largest marketing company, Pakistan State Oil (PSX:PSO) has the largest market share I the OMC sector...

Published 03 Jan, 2022 07:48am

Markets

Sufficient stock of furnace oil available: Hammad

ISLAMABAD: The Federal Minister for Energy, Hammad Azhar, on Sunday clarified some ‘misconceptions’ about...

Published 27 Dec, 2021 06:45am

Pakistan

Sufficient stock of furnace oil available: Hammad

ISLAMABAD: The Federal Minister for Energy, Hammad Azhar, on Sunday clarified some ‘misconceptions’ about...

Published 27 Dec, 2021 06:45am

Opinion

MoE’s love affair with furnace oil

Gas and furnace oil (FO) crisis is becoming a norm in Pakistan in winters. To some extent, failure to procure...

Published 26 Dec, 2021 03:57am

Business & Finance

Gross mismanagement: Excessive import of FO constitutes a threat to refinery sector: Zahid

KARACHI: Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum ...

Published 26 Dec, 2021 03:57am

BR Research

Power generation: Nuclear to the rescue

Power generation in November 2021 went up by 14 percent year-on-year. The same has gone by nearly 9 percent for...

Published 23 Dec, 2021 07:45am

Markets

Furnace oil: refineries make formal request to petroleum division

ISLAMABAD: Local refineries reminded the Petroleum Division Thursday that they are supplying over 11 million MT per...

Published 10 Dec, 2021 04:29am

BR Research

Oil sales on the rise

Petroleum consumption goes unabated amid rising inflation. The petroleum products and lubricants sold by the oil...

Published 03 Dec, 2021 07:54am

Markets

Nov POL sales clock in at 1.75m tons

KARACHI: Total petroleum and lubricant sales clocked in at 1.75 million tons in November 2021, depicting an increase...

Published 03 Dec, 2021 04:31am

Q1 LSMI output up 5.15pc YoY

ISLAMABAD: The Large Scale Manufacturing Industries (LSMI) output increased by 5.15 percent in the first quarter...

Updated 19 Nov, 2021 09:40am

BR Research

Gas crisis comes calling

ENI and Gunvor – two LNG trading suppliers have defaulted on the contractual obligation of supplying one cargo ...

Published 02 Nov, 2021 07:25am

BR Research

APL – volumes churning growth

Despite the recent surge in petroleum prices, demand for petroleum products in the country has been on an up-climb....

Published 26 Oct, 2021 07:35am

Gainers
Losers
Leaders

Stock	Price
HBL Invest Fund / May 23 HBL Investment Fund(HIFA)	2.48 ▲ 0.29 (13.24%)
Khurshid Spinning / May 23 Khurshid Spinning Mills Limited(KHSM)	9.65 ▲ 1.00 (11.56%)
Cordoba Logistics / May 23 Cordoba Logistics & Ventures Limited(CLVL)	13.75 ▲ 0.95 (7.42%)
Bhanero Tex. / May 23 Bhanero Textile Mills Limited(BHAT)	1525.00 ▲ 102.45 (7.20%)
KASB Modaraba / May 23 KASB Modaraba(KASBM)	1.87 ▲ 0.12 (6.86%)
Bal. Wheel / May 23 Baluchistan Wheels Limited(BWHL)	78.34 ▲ 4.49 (6.08%)
Khairpur / May 23 Khairpur Sugar Mills Limited(KPUS)	52.80 ▲ 3.00 (6.02%)
Maqbool Tex. / May 23 Maqbool Textile Mills Limited(MQTM)	67.98 ▲ 3.86 (6.02%)
Zephyr Textile / May 23 Zephyr Textiles Limited(ZTL)	11.00 ▲ 0.50 (4.76%)
Dadex Eternit / May 23 Dadex Eternit Limited(DADX)	76.00 ▲ 3.33 (4.58%)

Stock	Price
First Pak Mod. / May 23 First Pak Modaraba(PAKMI)	2.60 ▲ -0.70 (-21.21%)
SME Leasing Ltd / May 23 SME Leasing Limited(SLL)	2.05 ▲ -0.40 (-16.33%)
Bilal Fibres / May 23 Bilal Fibres Limited(BILF)	2.08 ▲ -0.32 (-13.33%)
PICIC Ins.Ltd. / May 23 PICIC Insurance Limited(PIL)	0.81 ▲ -0.09 (-10.00%)
D.S. Ind. Ltd. / May 23 D.S. Industries Limited(DSIL)	4.02 ▲ -0.43 (-9.66%)
Sitara Energy / May 23 Sitara Energy Limited(SEL)	10.00 ▲ -0.99 (-9.01%)
TPL Trakker Ltd / May 23 TPL Trakker Limited(TPLT)	9.60 ▲ -0.90 (-8.57%)
Reliance Ins. / May 23 Reliance Insurance Company Limited(RICL)	5.20 ▲ -0.45 (-7.96%)
Samin Textile / May 23 Samin Textiles Limited(SMTM)	4.61 ▲ -0.39 (-7.80%)
Gatron Ind. / May 23 Gatron (Industries) Limited(GATI)	407.00 ▲ -32.99 (-7.50%)

Stock	Volume
Silk Bank Ltd / May 23 Silkbank Limited(SILK)	7,484,000 ▼ 0.00
WorldCall Telecom / May 23 Worldcall Telecom Limited(WTL)	6,642,000 ▼ 0.00
Ghani Glo Hol / May 23 Ghani Global Holdings Limited(GGL)	5,266,299 ▼ 0.00
K-Electric Ltd. / May 23 K-Electric Limited(KEL)	5,105,500 ▼ 0.00
Cnergyico PK / May 23 Cnergyico PK Limited(CNERGY)	4,913,322 ▼ 0.00
Pak Refinery / May 23 Pakistan Refinery Limited(PRL)	4,313,934 ▼ 0.00
Pak Elektron / May 23 Pak Elektron Limited(PAEL)	3,585,500 ▼ 0.00
Maple Leaf / May 23 Maple Leaf Cement Factory Limited(MLCF)	3,569,205 ▼ 0.00
Telecard Limited / May 23 Telecard Limited(TELE)	3,286,500 ▼ 0.00
Flying Cement / May 23 Flying Cement Company Limited(FLYNG)	3,059,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	200.20
USD PKR Interbank Buying / May 20	199.80
USD to Japanese Yen / May 20	127.88
USD to Swiss Franc / May 20	0.97
Pound Sterling to USD / May 20	1.25
Euro to USD / May 20	1.06
UK LIBOR % / May 20	0.82

Stock	Volume
S&P 500 / May 20	3901.36
India Sensex / May 20	54326.39
Tokyo Nikkei / May 20	26739.03
Nasdaq / May 20	11354.62
Hang Seng / May 20	20717.24
FTSE 100 / May 20	7389.98
Dow Jones / May 20	31261.90
Germany DAX 30 / May 20	13981.91
France CAC40 / May 20	6285.24

Item	Value
Crude Oil / May 20	113.23
Karachi Cotton Assoc. / May 20	21180.00
Gold 10 Grams / May 20	115200.00
Gold Spot / May 20	1846.50
Cotton / May 20	125.18

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