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LNG price

China’s Sinopec awards fewer cargoes in recent LNG tender

SINGAPORE/LONDON: Unipec, the oil and gas trading arm of China’s Sinopec Corp has awarded fewer-than-planned...

Published 27 Jan, 2022 04:05am

Opinion

LNG market and its challenges — I

Since the beginning of the last few decades, LNG has become an extremely popular source of energy and many countries...

Published 15 Jan, 2022 05:50am

Markets

US to be world's biggest LNG exporter in 2022

The United States is set to become the world's biggest liquefied natural gas (LNG) exporter in 2022, surpassing ...

Published 21 Dec, 2021 12:17pm

Markets

Global LNG: Asian LNG prices rise helped by South Korean winter demand

SINGAPORE: Asia liquefied natural gas (LNG) prices rose this week amid heating demand from South Korea during winter...

Published 10 Dec, 2021 05:10pm

Markets

China pares spot LNG purchases as high prices bite, inventories ample

SINGAPORE: Chinese buyers of liquefied natural gas (LNG) are pulling back on spot purchases of the super-chilled ...

Published 03 Dec, 2021 11:03am

Markets

Global LNG: Asia prices inch down on Covid concerns; fundamentals remain bullish

LONDON: Asian liquefied natural gas (LNG) prices inched lower this week on concerns over the potential impact of a...

Updated 26 Nov, 2021 08:44pm

Markets

US natgas futures slip on rising output

NEW YORK: US natural gas futures slipped over 2% on Friday after rallying more than 5% on Thursday as output...

Published 14 Nov, 2021 04:12am

Markets

US natural gas rises on higher LNG exports ahead of storage report

Front-month gas futures were up 17.7 cents, or 3.2%, to $5.767 per million British thermal units (mmBtu)

Published 14 Oct, 2021 05:29pm

Markets

Qatar powerless to ease global energy crisis

We are maxed out, as far as we have given all our customers their due quantities, I am unhappy about gas prices being high, says Qatar energy minister

Published 11 Oct, 2021 06:50pm

Markets

Asian LNG spot price reaches record high

SINGAPORE: Asian liquefied natural gas (LNG) spot price rose to a record high on Thursday on the back of robust...

Published 03 Oct, 2021 04:16am

Markets

Asian LNG spot price reaches record high of $34.47/mmbtu

"The global LNG price rally is largely driven by the European gas situation," says Ciaran Roe

Published 30 Sep, 2021 06:36pm

Markets

US natgas ease on mild weather, expected big US storage build

NEW YORK: US natural gas futures eased on Wednesday on forecasts for continued mild weather over the next two weeks,...

Published 30 Sep, 2021 04:15am

Business & Finance

LNG price rally could boost oil demand

LONDON: The rally in liquefied natural gas (LNG) prices has widened the gap with oil prices and could boost oil...

Updated 28 Sep, 2021 07:37pm

BR Research

LNG charge sheet – the flipside

The government faces criticism for expensive spot buying of LNG. Some commentators have compared spot price ...

Updated 08 Sep, 2021 04:55pm

Markets

HSFO time spread, cash diff firm

SINGAPORE: Asia’s 180-cst high-sulphur fuel oil (HSFO) market firmed on Friday amid sustained strong utility ...

Published 04 Sep, 2021 06:04am

Business & Finance

LNG prices soar as Asian buyers compete for cargoes

Pakistan LNG buys only two of five cargoes it sought, while a tender by Pakistan State Oil for October delivery did not receive any offers

Published 03 Sep, 2021 05:09pm

Pakistan seeks five LNG cargoes

SINGAPORE: State-owned Pakistan LNG is seeking five liquefied natural gas (LNG) cargoes for delivery from October to...

Published 31 Aug, 2021 03:15am

Business & Finance

PSO seeks five LNG cargoes for Oct-Nov delivery

Spot Asian LNG prices are currently trading at just over $18 per mmBtu for cargoes delivered into North Asia, traders says

Updated 30 Aug, 2021 05:15pm

Markets

US natgas futures slide to 3-week low on forecasts for less hot weather

Front-month gas futures fell 4.2 cents, or 1.1%, to $3.891 per million British thermal units (mmBtu)
That compares with an average for LNG feedgas of 10.2 bcfd so far in August, 10.8 bcfd in July and a record 11.5 bcfd in April

Published 13 Aug, 2021 06:36pm

Opinion

Markets

US natgas futures rise to one-week high

CHICAGO: US natural gas futures rose to their highest in more than a week on Friday, buoyed by forecasts for warmer...

Published 30 May, 2021 03:51am

Markets

US natgas futures slip on mild weather forecast, exports decline

Traders noted gas prices were also following oil futures lower. US crude fell more than $2 a barrel on renewed global demand concerns as coronavirus cases in Asia rise, among other things.
Front-month gas futures fell 4.2 cents, or 1.4%, to $2.970 per million British thermal units.

Published 19 May, 2021 08:15pm

Markets

US natgas futures climb to fresh 10-week high on cooler forecast

Front-month gas futures rose 2.8 cents, or 0.9%, to $2.994 per million British thermal units.
That kept the front-month in overbought territory with a Relative Strength Index (RSI) over 70 for a seventh straight day for the first time since November 2019.

Published 04 May, 2021 07:44pm

Markets

US natgas rises to fresh 9-wk high on record exports

On its last day as the front-month, gas futures for May delivery rose 2.4 cents, or 0.8%, to $2.897 per million British thermal units.
That increase kept the front-month in overbought territory with a Relative Strength Index (RSI) over 70 for a third day in a row for the first time since August 2020.

Published 28 Apr, 2021 08:42pm

Business & Finance

Total declares force majeure on Mozambique LNG after insurgent attacks

Force majeure follows Islamic State-linked attacks in March.
Total, Exxon and others have projects in Mozambique.
Mozambique was hoping to rival Qatar and Australian LNG.

Published 26 Apr, 2021 06:11pm

Markets

US natgas futures up to 7-week high on small storage build

The US Energy Information Administration (EIA) said utilities added 38 billion cubic feet (bcf) of gas into storage during the week ended April 16.
That was less than the 49-bcf build analysts forecast in a Reuters poll and compares with an increase of 47 bcf in the same week last year and a five-year (2016-2020) average increase of 37 bcf.

Published 22 Apr, 2021 07:52pm

Markets

US natgas futures rise to one-week high on cooler forecasts

Traders also noted that mild weather this week will likely cause utilities to boost injections into storage by so much that the total amount of gas in inventory will rise above the five-year (2016-2020) average for the first time since the February freeze.
Front-month gas futures rose 1.9 cents, or 0.8%, to $2.541 per million British thermal units.

Published 09 Apr, 2021 06:56pm

Business & Finance

Eni agrees LNG, gas deal with Zhejiang Energy as China switches to cleaner fuels

On Monday a study showed China generated 53% of the world's total coal-fired power in 2020, nine percentage points more than five years earlier.
China has promised to reduce its dependence on coal and bring emissions of climate-warming greenhouse gas to a peak before 2030 and become "carbon neutral" by 2060.

Published 30 Mar, 2021 05:50pm

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
FTSE 100 / May 1	8121.24
Dow Jones / May 1	37903.29
Germany DAX 30 / May 1	17932.17
France CAC40 / May 1	7984.93
India Sensex / May 2	74720.19
Tokyo Nikkei / May 2	38236.07

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 30	20535
Gold 10 Grams PKR / Apr 30	207390
Petrol/Litre / May 2	288.49
Crude Oil USD/Barrel / May 2	79.53
Gold Spot USD/Ounce / May 2	2311.74
Diesel/Litre / May 2	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 2 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 2 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 2 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 2 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 2 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 2 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 2 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 2 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 2 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 2 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 2 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 2 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 2 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 2 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 2 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 2 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 2 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 2 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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