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gas prices

Oil prices buoyed by soaring gas rates ahead of OPEC+ meet

The sharp rise in wholesale gas prices is spilling over into the oil market, with looming demand for electricity...

Published 04 Oct, 2021 05:56am

Markets

Oil prices buoyed by soaring gas rates ahead of OPEC+ meet

LONDON: The sharp rise in wholesale gas prices is spilling over into the oil market, with looming demand for...

Published 03 Oct, 2021 04:38pm

Opinion

Cheap natural gas addiction

While debate is raging on social media regarding petroleum prices, ticking time bomb of growing gas circular debt is...

Published 03 Oct, 2021 04:16am

Markets

European gas prices hit all-time highs

MOSCOW: European gas prices surged to all-time highs on Friday as Russia kept a tight lid on supply, signalling...

Published 02 Oct, 2021 04:45am

Markets

U.S. natgas futures rise on cooler weather, rising heating demand

U.S. natural gas futures climbed over 3% to a one-week high on Friday as some parts of the country start to crank up...

Published 25 Sep, 2021 12:08am

Markets

US warns against ‘manipulation’ of Europe gas prices

WARSAW: US Energy Secretary Jennifer Granholm on Wednesday warned against “manipulation” of gas prices in ...

Published 23 Sep, 2021 04:35am

Govt employees given major housing relief

The increase in house rent ceiling will be applicable to federal government employees from grade 1 to 22

Updated 22 Sep, 2021 10:00am

Markets

European stocks fall as utilities drag, luxury slides after China data

PARIS: European shares slipped on Wednesday as utilities fell on Spain’s move to cap energy bills, while luxury...

Published 16 Sep, 2021 04:02am

Markets

US natgas hit 7-year high on Gulf storm worries, soaring global prices

NEW YORK: US natural gas futures climbed to a fresh seven-year high on Tuesday on worries Tropical Storm Nicholas...

Published 15 Sep, 2021 04:19am

Markets

U.S. natgas slides 3pc on milder weather view, post-Ida restarts

U.S. natural gas futures slipped about 3pc on Tuesday as forecasts projected milder weather and energy firms...

Published 08 Sep, 2021 01:36am

Markets

US natgas jump to fresh 32-month high

CHICAGO: US natural gas futures jumped more than 4% on Friday to a fresh 32-month high on forecasts that hotter than...

Published 29 Aug, 2021 03:08am

Export-oriented sectors: ECC approves continuation of gas, power subsidy

Move aimed at reducing cost of manufacturing and supporting the momentum of growth in exports

Updated 17 Aug, 2021 09:48am

Business & Finance

Prices of kitchen items witness mixed trend

ISLAMABAD: The prices of the essential kitchen items witnessed a mixed trend during this week past as compared with...

Published 15 Aug, 2021 04:47am

US consumer inflation slows in July, but gas prices still rising

WASHINGTON: US consumer prices jumped again in July, as spiking gasoline prices continue to fuel inflation, ...

Updated 12 Aug, 2021 09:38am

Markets

US natgas futures slip on drop in crude prices

NEW YORK: US natural gas futures slipped on Monday due to a drop in oil prices despite mostly steady forecasts for...

Published 10 Aug, 2021 04:39am

Markets

Asian spot prices jump as summer drives up electricity demand

SINGAPORE: Asian spot prices for liquefied natural gas (LNG) jumped this week to a more than six-month high, as warm...

Published 24 Jul, 2021 04:27am

BR Research

Coal rush!

It looks like the world is finding it increasingly difficult to wean off its coal habit as demand for the dirty fuel...

Published 09 Jul, 2021 08:00am

BR Research

Gas price spiral: Tough times ahead

It is not quite 2008 yet, but it is the closest since. Inflation fears around the globe are inching up with ever...

Published 01 Jul, 2021 07:25am

Markets

US natgas futures little changed

NEW YORK: US natural gas futures held steady on Friday as forecasts for milder weather and lower demand next week...

Published 05 Jun, 2021 04:08am

Markets

US natural gas futures soar on rising air conditioner use

CHICAGO: US natural gas futures jumped over 5 percent to a three-month high on Monday on forecasts for warmer ...

Published 18 May, 2021 05:05am

Markets

Poland hikes household gas prices by 5.6pc

The new tariff will be binding from the end of April until the end of 2021, unless Poland's state gas company PGNiG submits another request for a price change.

Published 15 Apr, 2021 08:26pm

Markets

U.S. natgas output to rise, while demand falls for second year in 2021

EIA projected dry gas production will rise to 91.41 billion cubic feet per day (bcfd) in 2021 and 93.29 bcfd in 2022 from 91.36 bcfd in 2020.

Updated 07 Apr, 2021 09:51am

Piped network expansion: PD seeks rationalisation of gas price structure

ISLAMABAD: The Petroleum Division has asked for rationalizing gas price structure aimed at enabling gas companies to...

Published 23 Mar, 2021 04:37am

BR Research

Extreme weather takes oil high

As extreme weather grips the American state of Texas which plunged into darkness amid rising demand for electricity,...

Published 17 Feb, 2021 07:35am

Markets

UK GAS-Prices mixed amid lower demand, outages, cooler March outlook

The British system was slightly oversupplied with demand at 268.4 million cubic metres (mcm) per day and supply at 274.6 mcm/day, according to National Grid data.
Capacity at the Troll gas field was reduced by 27 mcm/day until Wednesday morning due to compressor failure, Norway's Gassco said.

Published 16 Feb, 2021 06:12pm

Markets

US natural gas edges up despite mild forecasts ahead of storage report

last week's decrease would cut stockpiles to 3.202 trillion cubic feet (tcf), which would still be about 7.5% above the five-year average of around 2.978 tcf for this time of year.
Front-month gas futures rose 1.5 cents, or 0.6%, to $2.742 per million British thermal units.

Published 14 Jan, 2021 07:38pm

Markets

UK GAS-Prices fall on oversupply, dampened demand

Gas for immediate delivery was down 2.00 pence at 41.75 p/therm by 1020 GMT.

Published 18 Dec, 2020 05:13pm

Markets

US natgas futures ease on milder December weather forecasts

Front-month gas futures fell 0.5 cent, or 0.2%, to settle at $2.677 per million British thermal units.
The amount of gas flowing to US LNG export plants, meanwhile, averaged 10.7 bcfd so far in December.

Published 17 Dec, 2020 02:13am

Markets

UK GAS-Gas prices ease on lower demand, higher Norway flows

The day-ahead contract was down 0.15 pence at 45.35 p/therm by 0940 GMT, and further off its highest point since Feb. 2019 of 47.50 p/therm hit on Tuesday.

Published 16 Dec, 2020 05:28pm

Markets

UK GAS-Soaring LNG markets pull prices to near two-year highs

The within-day contract was 1.4 pence higher at 47 p/therm at 1013 GMT, up around 15pc in the last week and its highest since February 2019.

Published 15 Dec, 2020 03:40pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 2	278.40
USD PKR Interbank Buying / May 2	278.20
USD to Japanese Yen / May 2	155.37
USD to Swiss Franc / May 2	0.91
Pound Sterling to USD / May 2	1.25
Euro to USD / May 2	1.07

Stock	Volume
S&P 500 / May 1	5018.39
Nasdaq / May 1	15605.48
Dow Jones / May 1	37903.29
India Sensex / May 2	74720.19
Tokyo Nikkei / May 2	38236.07
Hang Seng / May 2	18192.04
FTSE 100 / May 2	8149.68
Germany DAX 30 / May 2	17906.01

Item	Value
Crude Oil USD/Barrel / May 2	79.53
Karachi Cotton PKR/37.32 KG / May 2	20000
Gold 10 Grams PKR / May 2	206619
Gold Spot USD/Ounce / May 2	2311.74
Cotton US¢/pound / May 2	77.01
Petrol/Litre / May 3	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 3 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 3 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 3 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 3 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 3 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 3 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 3 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 3 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 3 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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