Trends - HSFO - Business Recorder

HSFO

Fuel oil smuggling network rakes in $1bn for Iran and its proxies

DUBAI: A sophisticated fuel oil smuggling network that some experts believe generates at least $1 billion a year for...

Published 04 Dec, 2024 03:14am

Ogra allows three refineries to export HSFO in June, July

Refineries allowed to export up to 120,000 MT of low and high sulphur furnace oil

Updated 08 Jun, 2024 09:04pm

Markets

REUP to double crude processing capacity within five years: PRL

KARACHI: With a cost of around USD 1.7 billion, the Pakistan Refinery Limited (PRL) is spearheading transformative...

Published 27 Jan, 2024 06:20am

Markets

Pakistan’s PARCO issues fuel oil sales tender for July

SINGAPORE: Pakistan’s Pak-Arab Refinery Limited (PARCO) has offered fuel oil for July loading in its latest tender,...

Published 05 Jul, 2023 11:52am

Markets

Cash differentials steady

SINGAPORE: Cash differentials for fuel oil held steady in Asia amid thin trade on Friday, while onshore inventories...

Published 02 Jul, 2023 03:13am

Markets

Asia Fuel Oil-Spot 180-cst HSFO trades at steeper discounts

SINGAPORE: The spot 180-cst high sulphur fuel oil (HSFO) market sank into steeper discounts on Wednesday, after the...

Published 29 Jun, 2023 04:19am

Markets

VLSFO cash premium softens, rally loses steam

SINGAPORE Asia’s cash premium for very-low sulphur fuel oil (VLSFO) eased further on Monday as offers dipped from...

Published 27 Jun, 2023 06:15am

Markets

HSFO margins rally past one-year highs

SINGAPORE: Asia’s refining margins for high sulphur fuel oil (HSFO) exceeded one-year highs on Friday, with...

Published 25 Jun, 2023 02:57am

Markets

Cash premiums for fuel oil little changed in Asia

SINGAPORE: SINGAPORE: Cash premiums for fuel oil were little changed in Asia on Wednesday, while latest official ...

Published 15 Jun, 2023 06:03am

Markets

Asia Fuel Oil: Market structure, cash premiums soften on thin trade

SINGAPORE: Asia’s fuel oil market structure and cash premiums eased further on Thursday amid thin activity, while...

Published 09 Jun, 2023 06:20am

Markets

VLSFO rebounds on stronger bids, HSFO under pressure

SINGAPORE: Asia’s spot premium for very-low sulphur fuel oil (VLSFO) edged higher on Monday on firmer bids, while...

Published 06 Jun, 2023 05:33am

Markets

Cash premiums for VLSFO steady, sentiment subdued

NEW DELHI: Asia’s very-low sulphur fuel oil (VLSFO) markets remained steady on Tuesday for a second straight day...

Published 31 May, 2023 03:56am

Markets

Asia spot fuel oil market steady; HSFO margin hits one-year high

SINGAPORE: Asia’s spot fuel oil market was little changed on Friday as cash premiums steadied in thin trade, ...

Published 21 May, 2023 04:00am

Markets

Asia Fuel Oil: Spot premiums stable

SINGAPORE: Spot cash premiums in Asia’s fuel oil market were stable on Monday amid thin trade, while Kuwait’s Al...

Published 16 May, 2023 03:23am

Markets

Asia’s cash premiums, margins range-bound on thin trading

SINGAPORE: Asia’s cash premiums and margins for fuel oil were range-bound on Tuesday amid thin trading momentum....

Published 10 May, 2023 06:03am

Markets

Asia Fuel Oil Cash premiums ease as market backwardation narrows

SINGAPORE Asia’s cash premiums for fuel oil dipped on Thursday as market backwardation narrowed. The spot cash...

Published 05 May, 2023 06:44am

Markets

HSFO margin firms

SINGAPORE: Asia’s refining margin for 380-cst high sulphur fuel oil (HSFO) climbed to nearly a year’s high on...

Published 04 May, 2023 04:26am

Markets

Asia fuel oil Refining cracks ease despite drop in crude prices

SINGAPORE: Refining cracks for fuel oil softened in Asia on Wednesday despite lower crude prices, with supplies...

Published 20 Apr, 2023 06:30am

Markets

HSFO cash premium climbs on firm demand prospects

SINGAPORE: The cash premium of high sulphur fuel oil (HSFO) strengthened in Asia on Tuesday amid firm demand...

Published 19 Apr, 2023 06:36am

Markets

HSFO eases, but steady feedstock demand limits declines

SINGAPORE: Asia’s high sulphur fuel oil (HSFO) market eased on Wednesday, though expectations of steady feedstock...

Published 13 Apr, 2023 06:37am

Markets

HSFO firms

SINGAPORE: Asia’s high sulphur fuel oil (HSFO) market firmed on Monday amid a flurry of bids, though downstream...

Published 04 Apr, 2023 03:24am

Markets

HSFO margins recover to nine-month highs

SINGAPORE: Refining margins for high sulphur fuel oil (HSFO) rose to nine-month highs as of Tuesday, supported by...

Published 29 Mar, 2023 06:27am

Markets

HSFO premiums gain steam as Fujairah stocks fall

NEW DELHI: Asia’s spot fuel oil premiums for high sulphur fuel oil (HSFO) advanced on Wednesday after stocks at...

Published 16 Mar, 2023 06:01am

Markets

Cash premiums for 180-cst HSFO rise

NEW DELHI: Cash premiums for 180-cst high sulphur fuel oil (HSFO) rose on Tuesday amid weakness in crude oil prices...

Published 15 Mar, 2023 06:01am

Markets

Spot fuel oil premiums for HSFO drift lower

NEW DELHI: Spot fuel oil premiums for high sulphur fuel oil (HSFO) declined on Monday, although a flurry of trades ...

Published 14 Mar, 2023 03:18am

Markets

Spot fuel oil cash differentials steady

SINGAPORE: Spot fuel oil cash differentials in Asia steadied on Monday, following a volatile week that saw high...

Published 07 Mar, 2023 03:16am

Markets

Asia’s Hi-5 fuel oil

SINGAPORE: Asia’s hi-5 fuel oil spread narrowed to nearly 11-month lows on Friday, as market trends continued to...

Published 05 Mar, 2023 03:36am

Markets

HSFO firms on strong bids, while VLSFO extends dip

SINGAPORE: Asia’s high sulphur fuel oil (HSFO) market firmed on Wednesday as strong bids emerged on the first day...

Published 02 Mar, 2023 06:23am

Markets

Spot 180-cst HSFO flips into premium

SINGAPORE: The spot cash differential for 180-cst high sulphur fuel oil (HSFO) flipped into a premium on Monday as...

Published 21 Feb, 2023 05:57am

Markets

HSFO steadies; Fujairah stocks at 34-week lows

SINGAPORE: The market for high sulphur fuel oil (HSFO) steadied on Wednesday, having softened in recent sessions,...

Published 09 Feb, 2023 06:02am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 18	280.70
USD PKR Interbank Buying / Apr 18	280.45
USD to Japanese Yen / Apr 18	142.18
USD to Swiss Franc / Apr 18	0.82
Pound Sterling to USD / Apr 18	1.33
Euro to USD / Apr 18	1.14
UK LIBOR % / Apr 18	4.96

Stock	Volume
S&P 500 / Apr 17	5,282.70
India Sensex / Apr 17	78,553.20
Nasdaq / Apr 17	16,286.45
Hang Seng / Apr 17	21,395.14
FTSE 100 / Apr 17	8,275.66
Dow Jones / Apr 17	39,142.23
Germany DAX 30 / Apr 17	21,205.86
France CAC40 / Apr 17	7,285.86
Tokyo Nikkei / Apr 18	34,730.28

Item	Value
Crude Oil USD/Barrel / Apr 18	64.68
Karachi Cotton PKR/37.32 KG / Apr 18	16,985
Gold 10 Grams PKR / Apr 18	299,811
Gold Spot USD/Ounce / Apr 18	3,326.85
Cotton US¢/pound / Apr 18	67.13
Petrol/Litre / Apr 20	254.63
Diesel/Litre / Apr 20	258.64

Gainers
Losers
Leaders

Stock	Price
PICIC Ins.Ltd. / Apr 18 PICIC Insurance Limited(PIL)	3.44 ▲ 0.99 (40.41%)
Universal Ins. / Apr 18 The Universal Insurance Company Limited(UVIC)	10.36 ▲ 0.99 (10.57%)
Oilboy Energy / Apr 18 Oilboy Energy Limited(OBOY)	10.91 ▲ 1 (10.09%)
Popular Islamic / Apr 18 Popular Islamic Modaraba(PIM)	13.70 ▲ 1.25 (10.04%)
Safe Mix Con.Lt / Apr 18 Safe Mix Concrete Limited(SMCPL)	18.11 ▲ 1.65 (10.02%)
Bunnys Limited / Apr 18 Bunnys Limited(BNL)	26.91 ▲ 2.45 (10.02%)
Nimir Resins / Apr 18 Nimir Resins Limited(NRSL)	46.70 ▲ 4.25 (10.01%)
At-Tahur Ltd. / Apr 18 At-Tahur Limited(PREMA)	63.90 ▲ 5.81 (10%)
Bawany Air Products / Apr 18 Bawany Air Products Limited(BAPL)	35.63 ▲ 3.24 (10%)
Sunrays Textile / Apr 18 Sunrays Textile Mills Limited(SUTM)	97.10 ▲ 8.83 (10%)

Stock	Price
Oilboy Energy(R) / Apr 18 Oilboy Energy Limited(R)(OBOYR2)	0.64 ▼ -0.43 (-40.19%)
Shaheen Ins. / Apr 18 Shaheen Insurance Company Limited(SHNI)	5.84 ▼ -1.33 (-18.55%)
Century Ins. / Apr 18 Century Insurance Company Limited(CENI)	41.25 ▼ -8.57 (-17.2%)
Escorts Bank / Apr 18 Escorts Investment Bank Limited(ESBL)	5.86 ▼ -0.98 (-14.33%)
Sec. Inv. Bank / Apr 18 Security Investment Bank Limited(SIBL)	9.50 ▼ -1.55 (-14.03%)
Habib Ins. / Apr 18 Habib Insurance Company Limited(HICL)	6.92 ▼ -0.69 (-9.07%)
Gulshan Sp. / Apr 18 Gulshan Spinning Mills Limited(GSPM)	3.18 ▼ -0.3 (-8.62%)
Trust Sec.& Brok. / Apr 18 Trust Securities & Brokerage Limited(TSBL)	12.87 ▼ -1.1 (-7.87%)
First Fid. Leasing / Apr 18 First Fidelity Leasing Modaraba(FFLM)	2 ▼ -0.16 (-7.41%)
Zephyr Textile / Apr 18 Zephyr Textiles Limited(ZTL)	11.56 ▼ -0.92 (-7.37%)

Stock	Volume
Sui South Gas / Apr 18 Sui Southern Gas Company Limited(SSGC)	38,238,255 ▲ 1.64
Pak Int.Bulk / Apr 18 Pakistan International Bulk Terminal(PIBTL)	30,965,499 ▲ 0.18
K-Electric Ltd. / Apr 18 K-Electric Limited(KEL)	22,907,790 ▲ 0.09
Cnergyico PK / Apr 18 Cnergyico PK Limited(CNERGY)	17,544,373 ▲ 0.01
Maple Leaf Cement / Apr 18 Maple Leaf Cement Factory Limited(MLCF)	12,813,509 ▲ 0.94
WorldCall Telecom / Apr 18 Worldcall Telecom Limited(WTL)	11,614,194 ▲ 0
Pak Elektron / Apr 18 Pak Elektron Limited(PAEL)	10,998,433 ▼ -0.42
Habib Bank / Apr 18 Habib Bank Limited(HBL)	9,362,714 ▼ -5.52
Oilboy Energy(R) / Apr 18 Oilboy Energy Limited(R)(OBOYR2)	9,098,065 ▼ -0.43
B.O.Punjab / Apr 18 The Bank of Punjab(BOP)	8,925,360 ▼ -0.09

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