Trends - IEA - Business Recorder

IEA

Hundreds of new oil and gas projects approved despite climate crisis

PARIS: More than 400 oil and gas projects were approved globally in the last two years despite calls to abandon all...

Published 30 Nov, 2023 08:20pm

Markets

OPEC head accuses IEA of vilifying fossil fuel industry

DUBAI: OPEC Secretary General Haitham Al Ghais on Monday accused the International Energy Agency (IEA) of vilifying...

Published 28 Nov, 2023 04:57am

World

Three positive climate developments

PARIS: While humanity’s efforts to curb planet-warming emissions are nowhere near enough to avoid heating the world...

Published 24 Nov, 2023 05:15pm

Markets

China oil demand growth likely to slow

BEIJING: China’s oil demand growth is likely to ease in the first half of 2024 to around 4%, according to...

Published 24 Nov, 2023 05:29am

Markets

Oil firms face ‘moment of truth’ in climate crisis: IEA

PARIS: Oil and gas firms will face a crucial choice at UN climate talks next week between contributing to the ...

Published 24 Nov, 2023 05:29am

Markets

Oil firms face ‘moment of truth’ in climate crisis: IEA

PARIS: Oil and gas firms will face a crucial choice at UN climate talks next week between contributing to the...

Published 23 Nov, 2023 05:20pm

Markets

Saudi Arabia’s crude exports rise in September

Saudi Arabia’s crude oil exports in September rose 3% from the previous month to 5.75 million barrels per day (bpd),...

Published 16 Nov, 2023 05:39pm

Opinion

Power sector reforms

Russia’s invasion of Ukraine in February 2022 has had a profound effect on global energy markets. Price ...

Published 15 Nov, 2023 06:09am

Business & Finance

China fuels increase in global oil demand: IEA

PARIS: World oil demand will rise slightly more than expected this year as China’s appetite for the fossil fuel ...

Published 15 Nov, 2023 06:09am

Business & Finance

IEA says China oil demand key factor in energy transition

PARIS: The International Energy Agency executive director underlined Tuesday the importance of Chinese demand for...

Published 25 Oct, 2023 06:19am

Markets

World oil, gas, coal demand to peak by 2030, IEA says

LONDON: World fossil fuel demand is set to peak by 2030 as more electric cars hit the road and China’s economy grows...

Published 24 Oct, 2023 10:21am

Markets

IEA says risk of oil supply disruptions is limited

PARIS: The International Energy Agency said on Thursday the risk of oil supply disruptions due to the conflict...

Published 12 Oct, 2023 02:10pm

World

Climate goal reliant on massive new private sector investment: IMF

WASHINGTON: The private sector must drastically increase its climate-related investments, most crucially in...

Published 02 Oct, 2023 06:06pm

Markets

Oil hits 2023 highs on tight supply outlook

HOUSTON: Oil prices climbed on Thursday to their highest this year, as expectations of tighter supply outweighed...

Published 15 Sep, 2023 06:31am

Markets

Saudi, Russian oil cuts to cause big supply shortfall: IEA

PARIS: Oil cuts by Saudi Arabia and Russia will cause a “significant” global supply shortfall through the end of...

Published 14 Sep, 2023 06:07am

IEA flags OPEC+ supply cuts

International Energy Agency says if OPEC+ current targets are maintained, oil inventories could draw by 2.2 million barrels per day (bpd) in the third quarter

Updated 12 Aug, 2023 09:53am

Markets

Global coal demand to stay near record in 2023: IEA

PARIS: Global coal consumption hit a record last year and is set to stay near those levels in 2023, the...

Published 27 Jul, 2023 08:05pm

Markets

Global power demand growth to rebound in 2024 after slowdown, IEA says

PARIS: An ongoing energy crisis and an economic downturn is expected to slow global power demand growth in 2023, but...

Published 19 Jul, 2023 11:36am

Markets

Investment in renewable energy projects can help reduce power shortfall

KARACHI Pakistan is currently experiencing the peak of summer, accompanied by the misery of prolonged power outages,...

Published 16 Jul, 2023 06:16am

Markets

IEA trims 2023 oil demand forecast on economic headwinds

LONDON: Oil demand is set to hit a record high this year but economic headwinds and interest rate hikes mean the...

Published 13 Jul, 2023 01:49pm

Markets

IEA says critical minerals supply could pull close to demand by 2030

LONDON: Supply of minerals critical to the energy transition could move close to levels needed to support climate...

Published 11 Jul, 2023 10:35am

Markets

Oil steady

HOUSTON: Oil prices were little changed on Monday in choppy trading as demand woes after weak economic data from top...

Published 11 Jul, 2023 06:08am

Business & Finance

OPEC upbeat over 2024 oil demand outlook despite slowdown

VIENNA: OPEC will likely maintain an upbeat view on oil demand growth for next year when it publishes its first...

Published 07 Jul, 2023 05:24am

World

Climate goals need clean energy surge in Global South: IEA

PARIS: Financing for clean energy in developing and emerging economies excluding China must increase seven-fold...

Published 21 Jun, 2023 11:12am

Markets

India to soon overtake China as largest driver of oil demand: IEA chief

NEW DELHI: India will soon overtake China as the largest driver of global oil demand, International Energy Agency...

Published 14 Jun, 2023 05:27pm

World

Peak in oil demand ‘in sight’ before end of decade: IEA

PARIS: Global oil demand could peak before the end of this decade as the energy crisis has accelerated the...

Published 14 Jun, 2023 01:43pm

Markets

Renewable energy capacity additions to hit record: IEA

PARIS: Renewable power capacity will grow by a record number this year as high fossil fuel prices and energy ...

Published 05 Jun, 2023 03:27am

Markets

Solar investment outshines oil: IEA

PARIS: Investment in solar power is expected to overtake oil for the first time this year as clean energy spending...

Published 29 May, 2023 04:27am

Markets

Solar investment outshines oil: IEA

PARIS: Investment in solar power is expected to overtake oil for the first time this year as clean energy spending...

Published 25 May, 2023 11:19am

Markets

Asia’s collapsing refinery margins undermine bullish crude case: Russell

LAUNCESTON: There is an increasing disconnect between the forecasts for strong global oil demand growth this year,...

Published 18 Apr, 2023 11:30am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 4 786 Investments Limited(786)	5.85 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 4 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▼ 0.00 (0.00%)
Agro Allianz / Dec 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 4 Allied Bank Limited(ABL)	85.40 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 4 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▼ 0.00 (0.00%)
Abson Ind. / Dec 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 4 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 4 Attock Cement Pakistan Limited(ACPL)	96.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 4 786 Investments Limited(786)	5.85 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 4 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▲ 0.00 (0.00%)
Agro Allianz / Dec 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 4 Allied Bank Limited(ABL)	85.40 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 4 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▲ 0.00 (0.00%)
Abson Ind. / Dec 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 4 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 4 Attock Cement Pakistan Limited(ACPL)	96.07 ▲ 0.00 (0.00%)

Stock	Volume
Maple Leaf Cement / Dec 4 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▲ 0.00
Pak Elektron / Dec 4 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.00
Fauji Fert Bin / Dec 4 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.00
Fauji Cement / Dec 4 Fauji Cement Company Limited(FCCL)	27,255,000 ▲ 0.00
Hum Network / Dec 4 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.00
WorldCall Telecom / Dec 4 Worldcall Telecom Limited(WTL)	17,256,413 ▲ 0.00
D.G.K.Cement / Dec 4 D.G. Khan Cement Company Limited(DGKC)	14,240,764 ▲ 0.00
Air Link Com. / Dec 4 Air Link Communication Limited(AIRLINK)	13,542,140 ▲ 0.00
Dewan Cement / Dec 4 Dewan Cement Limited(DCL)	12,062,500 ▲ 0.00
K-Electric Ltd. / Dec 4 K-Electric Limited(KEL)	10,296,343 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	285.15
USD PKR Interbank Buying / Dec 1	284.95
USD to Japanese Yen / Dec 1	146.82
USD to Swiss Franc / Dec 1	0.87
Pound Sterling to USD / Dec 1	1.27
Euro to USD / Dec 1	1.09
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 1	4594.63
India Sensex / Dec 1	67481.19
Tokyo Nikkei / Dec 1	33431.51
Nasdaq / Dec 1	14305.03
Hang Seng / Dec 1	16830.30
FTSE 100 / Dec 1	7529.35
Dow Jones / Dec 1	36245.50
Germany DAX 30 / Dec 1	16397.52
France CAC40 / Dec 1	7346.15

Item	Value
Crude Oil USD/Barrel / Dec 1	74.07
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 1	189043
Gold Spot USD/Ounce / Dec 1	2072.22
Cotton US¢/pound / Dec 1	79.42

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