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IEA

Oil settles up on ME tensions

NEW YORK: Oil rose around 1% on Friday on geopolitical tensions in the Middle East but posted a weekly loss on a...

Published 13 Apr, 2024 03:49am

Markets

OPEC, IEA at most divided on oil demand since at least 2008

LONDON: Producer group OPEC and the International Energy Agency, the world’s most closely watched forecasters of...

Published 28 Mar, 2024 06:30am

World

Nuclear power absolutely needed to reach climate goals, IEA’s Birol says

BRUSSELS: Nuclear power is absolutely needed to reach worldwide climate goals, the head of the International Energy...

Published 21 Mar, 2024 01:35pm

Markets

Oil prices climb as attacks on Russian energy facilities intensify

LONDON: Oil benchmark Brent hovered just under the $86 a barrel mark on Monday, extending last week’s gains, as...

Updated 18 Mar, 2024 05:29pm

Business & Finance

IEA raises oil demand outlook again but still lags OPEC

LONDON: The International Energy Agency on Thursday raised its view on 2024 oil demand growth for a fourth time ...

Published 15 Mar, 2024 04:14am

World

Methane emissions from energy sector rose in 2023: IEA

PARIS: Planet-heating methane released by the fossil fuel industry rose to near record highs in 2023 despite...

Published 13 Mar, 2024 11:58am

Business & Finance

OPEC sticks to oil demand view, nudges up economic growth

LONDON: OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025, ...

Published 13 Mar, 2024 06:32am

Markets

Oil prices rise slightly as OPEC retains demand forecasts

NEW YORK: Oil prices rose slightly on Tuesday as the market weighed bearish U.S. economic data against OPEC’s demand...

Updated 12 Mar, 2024 09:56pm

Markets

Energy-related CO2 emissions hit record levels in 2023: IEA

PARIS: Energy-related carbon dioxide emissions rose to a record level in 2023, but the growth slowed from previous...

Published 01 Mar, 2024 11:48am

Markets

IEA to expedite 2025 oil demand forecast, OPEC also moves early

LONDON: The International Energy Agency is bringing forward publication of its first 2025 oil demand forecast to...

Published 26 Jan, 2024 04:58am

Markets

King coal set to lose crown for electricity production: IEA

PARIS: Renewables are set to displace coal as the top source of energy for electricity production globally in 2025,...

Published 24 Jan, 2024 12:53pm

Markets

Oil heads for weekly gain as Middle East tensions support

LONDON: Oil was little changed on Friday and heading for a weekly gain, as Middle East tensions and oil output...

Updated 19 Jan, 2024 05:19pm

Markets

Oil prices rise on global demand forecasts

NEW YORK: Oil prices rose on Thursday as the International Energy Agency (IEA) joined producer group OPEC in...

Published 19 Jan, 2024 05:37am

Markets

World added 50% more renewable energy capacity last year over 2022: IEA

PARIS: The world added 50 percent more renewable energy capacity in 2023 over the year before, the International...

Published 11 Jan, 2024 12:08pm

Markets

Oil prices on track for first weekly rise in two months

LONDON: Oil prices rose on Friday, on track to notch their first weekly rise in two months after benefiting from a...

Updated 15 Dec, 2023 03:36pm

Markets

Oil rises more than 3pc on weaker dollar, IEA demand upgrade

NEW YORK: Oil prices rose more than 3% on Thursday, extending the previous session’s gains, boosted by a weaker...

Published 15 Dec, 2023 03:12am

OPEC+ cartel’s grip on oil market loosening: IEA

PARIS: Slowing demand growth and rising US crude production will make it more difficult for OPEC+ to continue to...

Updated 15 Dec, 2023 09:22am

World

COP28 pledges so far not enough to limit warming to 1.5C: IEA

DUBAI: A raft of new pledges announced at the COP28 climate summit - from tripling renewables to reining in methane...

Updated 10 Dec, 2023 09:53pm

World

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 14	278.27
USD PKR Interbank Buying / May 14	278.07
USD to Japanese Yen / May 14	156.42
USD to Swiss Franc / May 14	0.91
Pound Sterling to USD / May 14	1.26
Euro to USD / May 14	1.08

Stock	Volume
S&P 500 / May 13	5221.42
Nasdaq / May 13	16388.24
Dow Jones / May 13	39431.51
India Sensex / May 14	72853.85
Tokyo Nikkei / May 14	38227.19
Hang Seng / May 14	19120.21
FTSE 100 / May 14	8427.64
Germany DAX 30 / May 14	18697.64

Item	Value
Karachi Cotton PKR/37.32 KG / May 13	19935
Crude Oil USD/Barrel / May 14	79.23
Gold 10 Grams PKR / May 14	207733
Gold Spot USD/Ounce / May 14	2344.20
Cotton US¢/pound / May 14	77.55
Petrol/Litre / May 15	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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