Trends - OCAC - Business Recorder

OCAC

Countrywide strike: Govt to hold talks with OTCA, OCAC representatives today

ISLAMABAD: The newly-appointed secretary petroleum has scheduled a meeting with the representatives of the Oil...

Published 20 Sep, 2023 06:28am

Business & Finance

Current Ogra pricing: Exchange rate adjustment for PSO not incorporated: OCAC

ISLAMABAD: The Oil Companies Advisory Council (OCAC) says that the exchange rate adjustment for Pakistan State Oil...

Published 07 Sep, 2023 06:21am

Business & Finance

Govt hikes petrol and HSD prices, albeit ‘reluctantly’

ISLAMABAD: The coalition government of Pakistan Muslim League-Nawaz (PML-N) has allowed a significant raise of ...

Published 02 Aug, 2023 06:47am

Business & Finance

HSD price cut: Ogra says has no mandate to review or amend govt policy

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has asked the Oil Companies Advisory Council (OCAC) and Oil...

Updated 21 Jul, 2023 08:56am

Markets

Cut in HSD price controversy: OCAC says stands by its stance

ISLAMABAD: The Oil Companies Advisory Council (OCAC) stands by its stance that the Oil and Gas Regulatory Authority...

Published 20 Jul, 2023 03:12am

Business & Finance

OCAC renovated office inaugurated

KARACHI: The Oil Companies Advisory Council (OCAC) celebrated the grand inauguration of its renovated office. Dr...

Published 19 Jul, 2023 03:21am

OCAC assails Ogra’s HSD price cut decision

ISLAMABAD: The Oil Companies Advisory Council (OCAC) blamed the Oil and Gas Regulatory Authority (OGRA) that forced...

Updated 18 Jul, 2023 08:59am

Oil import on foreign supplier’s account: OCAC requests govt to convene meeting of stakeholders

ISLAMABAD: While raising questions on approval of policy guidelines regarding import of oil on foreign supplier’s...

Updated 28 Jun, 2023 09:01am

PBS statement full of mistakes: economist

ISLAMABAD: Realistic projections for the current year indicate that GDP growth will be negative 4 percent against...

Updated 29 May, 2023 08:55am

BR Research

Petroleum imports slide

Consumption of petroleum products in the country has been on a downward trajectory. Weak economic activity amid...

Published 26 May, 2023 08:54am

Jul-Mar LSMI output declines 8.11pc YoY

ISLAMABAD: The Large Scale Manufacturing Industry (LSMI) output has declined by 8.11 percent during July-March...

Updated 16 May, 2023 09:25am

BR Research

Petroleum imports slump

Petroleum consumption has been on a decline in the country for obvious reasons. Demand destruction for petroleum...

Published 14 Apr, 2023 08:52am

Ogra discusses exchange rate adjustment mechanism with OMCs

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) convened a meeting with the oil marketing companies (OMCs) on...

Published 25 Mar, 2023 06:25am

Business & Finance

Ogra convenes meeting on exchange rate mechanism

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has convened a meeting to brief and align all the ...

Published 18 Mar, 2023 06:14am

Editorials

Oil supply: risks must not be downplayed

EDITORIAL: The supply chain in various industries is at the risk of choking under import restrictions by State Bank...

Updated 14 Mar, 2023 10:29pm

Markets

OGRA calls for action against hoarders of petrol, diesel in Punjab

Development comes amid reports that POL products are in short supply in different cities of Punjab

Published 08 Feb, 2023 05:36pm

Markets

Pakistan’s oil industry on brink of collapse, says OCAC

In letter to energy ministry and Ogra chairman, body makes case for enhancing trade finance limits in wake of rupee depreciation

Published 03 Feb, 2023 09:56pm

Country braces for fuel shortages?

KARACHI: Pakistan could face a crunch in fuel supplies in February as banks have stopped financing and facilitating...

Updated 01 Feb, 2023 08:54am

IMF conditionalities: Govt raises fuel prices in a gesture of compliance

ISLAMABAD: The government has announced to increase the prices of petroleum products by Rs 35 (petrol, diesel) and...

Updated 30 Jan, 2023 09:27am

Business & Finance

POL products: additional Rs76bn revenue can be generated thru PL maximization to Rs50 per litre

ISLAMABAD: The government has projected to collect Rs 76 billion additional revenue if it maximizes the petroleum...

Updated 25 Jan, 2023 08:56am

Opinion

GDP growth in 2022-23 — II

The previous article by this writer had presented the estimate of the GDP growth rate in 2022-23 as negative 1% from...

Updated 26 Jan, 2023 12:50am

OMPA questions Ogra ‘discrimination’ with small OMCs

LAHORE: Oil Marketing Association of Pakistan (OMAP) has questioned and raised serious concerns over the...

Updated 16 Jan, 2023 09:40am

Fuel prices kept unchanged amid speculation

Government adjusts rates of petroleum levy (PL) with effect from today

Updated 16 Jan, 2023 09:40am

22-day cover for petrol, 19-day cover for HSD in hand: Ogra

ISLAMABAD: In response to the letter written by the Oil Companies Advisory Council (OCAC) regarding the oil supply...

Updated 18 Nov, 2022 09:23am

There’s sufficient stock of petrol, HSD: PD

ISLAMABAD: The Petroleum Division Tuesday said the country has enough stock of petrol and High-Speed Diesel (HSD) to...

Updated 09 Nov, 2022 09:36am

Business & Finance

OCAC reports increase in sales trend of fuel products in November

KARACHI: The Oil Companies Advisory Council (OCAC) has reported an increasing sales trend of fuel products in the...

Published 09 Nov, 2022 03:41am

Pakistan

No fuel shortage in Pakistan, adequate stocks available: energy ministry

The Ministry of Energy’s Petroleum Division on Tuesday dismissed reports over an impending fuel shortage, terming...

Published 08 Nov, 2022 05:09pm

Business & Finance

OGRA refutes reports of diesel shortage in country

Says sufficient diesel stocks are available in the country to cater to the necessary demand

Published 08 Nov, 2022 02:53pm

Markets

OCAC warns Pakistan could see shortage of petroleum products in coming days

Oil Companies Advisory Council says deficit has been identified due to inadequate imports, limited local availability

Updated 07 Nov, 2022 07:58pm

Pakistan

Shell Pakistan promotes biker, rickshaw fuelling safety

KARACHI: Shell Pakistan promotes biker and rickshaw refuelling safety to its consumers and has launched a safety...

Published 29 Oct, 2022 05:55am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 4 786 Investments Limited(786)	5.45 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 4 Al-Abbas Sugar Mills Limited(AABS)	510.11 ▼ 0.00 (0.00%)
Agro Allianz / Oct 4 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 4 Allied Bank Limited(ABL)	72 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 4 Abbott Laboratories (Pakistan) Limited(ABOT)	338 ▼ 0.00 (0.00%)
Abson Ind. / Oct 4 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 4 Alfalah Consumer Index ETF.(ACIETF)	7.53 ▼ 0.00 (0.00%)
Attock Cement / Oct 4 Attock Cement Pakistan Limited(ACPL)	85.75 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 4 786 Investments Limited(786)	5.45 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 4 Al-Abbas Sugar Mills Limited(AABS)	510.11 ▲ 0.00 (0.00%)
Agro Allianz / Oct 4 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 4 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 4 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 4 Allied Bank Limited(ABL)	72 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 4 Abbott Laboratories (Pakistan) Limited(ABOT)	338 ▲ 0.00 (0.00%)
Abson Ind. / Oct 4 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 4 Alfalah Consumer Index ETF.(ACIETF)	7.53 ▲ 0.00 (0.00%)
Attock Cement / Oct 4 Attock Cement Pakistan Limited(ACPL)	85.75 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Oct 4 Worldcall Telecom Limited(WTL)	60,699,742 ▲ 0.00
Cnergyico PK / Oct 4 Cnergyico PK Limited(CNERGY)	19,001,237 ▲ 0.00
Oil & Gas Dev. / Oct 4 Oil & Gas Development Company Limited(OGDC)	9,902,658 ▲ 0.00
Unity Foods Ltd / Oct 4 Unity Foods Limited(UNITY)	8,538,353 ▲ 0.00
Bankislami Pak. / Oct 4 BankIslami Pakistan Limited(BIPL)	6,620,348 ▲ 0.00
K-Electric Ltd. / Oct 4 K-Electric Limited(KEL)	6,049,235 ▲ 0.00
Pak Refinery / Oct 4 Pakistan Refinery Limited(PRL)	5,287,550 ▲ 0.00
Fauji Foods Ltd / Oct 4 Fauji Foods Limited(FFL)	4,971,746 ▲ 0.00
Shell Pakistan / Oct 4 Shell Pakistan Limited(SHEL)	4,181,253 ▲ 0.00
Citi Pharma Ltd / Oct 4 Citi Pharma Ltd.(CPHL)	3,645,729 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 3	286.04
USD PKR Interbank Buying / Oct 3	285.64
USD to Japanese Yen / Oct 3	149.26
USD to Swiss Franc / Oct 3	0.92
Pound Sterling to USD / Oct 3	1.21
Euro to USD / Oct 3	1.05
UK LIBOR % / Oct 3	5.44

Stock	Volume
S&P 500 / Oct 3	4229.45
India Sensex / Oct 3	65512.10
Tokyo Nikkei / Oct 3	30636.50
Nasdaq / Oct 3	13059.47
Hang Seng / Oct 3	17196.07
FTSE 100 / Oct 3	7470.16
Dow Jones / Oct 3	33002.38
Germany DAX 30 / Oct 3	15085.21
France CAC40 / Oct 3	6997.05

Item	Value
Crude Oil USD/Barrel / Oct 3	89.19
Karachi Cotton PKR/37.32 KG / Oct 3	18235
Gold 10 Grams PKR / Oct 3	172410
Gold Spot USD/Ounce / Oct 3	1821.11
Cotton US¢/pound / Oct 3	87.32

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