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oil companies

Oil cos raise the alarm regarding frequent changes in pricing formula

Updated 28 Jun, 2026 06:16am

ISLAMABAD: Pakistan’s downstream petroleum sector has sounded an unprecedented alarm over what industry...

ME conflict caused supply shock, and IMF policy-II

Published 24 Apr, 2026 06:45am

It needs to be pointed out that IMF has given no indication for provision of enhanced special drawing rights (SDRs)...

POL, HSD prices remain unchanged

Published 16 Jan, 2026 05:52am

ISLAMABAD: The federal government has opted to keep petrol and high-speed diesel (HSD) prices unchanged for the...

Trump urges US oil giants to repair Venezuela’s ‘rotting’ energy industry

Published 10 Jan, 2026 02:56am

We’re going to discuss how these great American companies can help rapidly rebuild Venezuela’s dilapidated oil industry

Effective Oct 16: Substantial increase in fuel prices likely

Updated 13 Oct, 2024 09:28am

ISLAMABAD: Consumers may face a substantial increase in fuel prices, with estimates suggesting a potential rise of...

Iran inks big contracts to increase oil production

Updated 18 Mar, 2024 08:55am

TEHRAN: Iran on Sunday sealed contracts worth billions of dollars with domestic companies to boost its oil...

California sues oil giants

Published 18 Sep, 2023 06:32am

LOS ANGELES: The US state of California sued five of the world’s largest oil companies on Friday, alleging the...

Payable as RD: SC allows Customs to encash 50pc bank guarantee of OMCs

Updated 11 Jul, 2023 09:00am

ISLAMABAD: The Supreme Court has allowed the Collector of Customs, Karachi to encash 50 percent bank guarantee of...

US county sues oil cos for $51bn over ‘Heat Dome’ disaster

Published 24 Jun, 2023 06:02am

WASHINGTON: A county in the northwestern state of Oregon on Thursday filed a lawsuit against major fossil fuel...

POL products’ prices kept unchanged

Published 16 Jun, 2023 06:27am

ISLAMABAD: Federal government has decided to keep the prices of petroleum products unchanged till June 30 by ...

Oil companies facing Rs35bn loss due to forex losses, LCs issue: OMAP

Published 21 Feb, 2023 05:57am

LAHORE: The Oil Marketing Association of Pakistan (OMAP) on Monday said that oil marketing companies (OMCs) are...

UN chief slams oil firms for ‘big lie’ on global warming

Published 19 Jan, 2023 05:58am

DAVOS: UN Secretary-General Antonio Guterres skewered oil firms on Wednesday for having “peddled the big lie”...

Exxon sues EU in move to block new windfall tax on oil companies

Updated 30 Dec, 2022 08:42am

NEW YORK: US oil major Exxon Mobil Corp is suing the European Union in a bid to force it to scrap the bloc’s new...

Indian rupee ends flat

Published 19 Oct, 2022 05:54am

MUMBAI: The Indian rupee closed little changed against the US dollar on Tuesday, as strong demand for dollars from...

Extra revenue collection goal: Govt may not pass full relief on to POL consumers

Updated 15 Sep, 2022 09:59am

ISLAMABAD: The federal government may not pass on the full relief to the end-consumers in a bid to collect ...

Petroleum sales upbeat

Published 03 Feb, 2022 07:43am

After the seven months of the current fiscal year – 7MFY22, the petroleum consumption in the country is up as seen...

Chevron posts highest profit in 8 years on surging oil, gas prices

Published 29 Oct, 2021 05:40pm

HOUSTON: Chevron Corp on Friday posted its highest quarterly profit in eight years on surging oil and gas prices,...

Norway awards Arctic oil exploration permits, but fewer firms apply

Published 25 Jun, 2021 04:20am

OSLO: Norway has awarded four exploration licences to seven oil companies, including three for the Arctic Barents...

Chevron profit drops on weaker refining margins, storm hit

Published 30 Apr, 2021 06:48pm

Chevron, the second-largest US oil producer, reported a profit of $1.72 billion, or 90 cents per share, compared with $2.45 billion, or $1.31 per share, a year earlier. Year-ago results included about $680 million in asset sales and favorable tax items.
Net profit was $1.4 billion, or 72 cents a share, down from $3.6 billion, or $1.93 cents a share, a year earlier.

FTSE tumbles; cigarette makers, oil stocks weigh

Published 21 Apr, 2021 03:21am

LONDON: London’s FTSE 100 ended lower on Tuesday, dragged down by stocks of heavyweight oil companies and ...

Russian oil producers struggle to contain gas flaring: document

Published 09 Apr, 2021 07:33pm

Flaring, or the combustion of gas generated by various processes in the oil industry, generates carbon dioxide emissions.
Climate change poses a series challenge for Russia, with the economy heavily reliant on oil and gas production, as well as mining, and the government is under pressure to cut emissions.

Chevron falls to fourth-quarter loss on weak refining, charges

Published 29 Jan, 2021 07:49pm

Oil companies are expected to benefit from a bounce-back in oil and gas prices after a one-two punch of falling demand and prices put the industry in a tailspin last year.
While we're optimistic about vaccines and getting on a pathway to recovery, we're not there right now,

Iran's oil exports rise in January despite sanctions

Published 26 Jan, 2021 08:46pm

Iranian crude exports rise to 600,000-700,000 bpd in January.
Iran lawmaker says shipments reach 900,000 bpd.
Hard to know final destinations due to ship-to-ship transfers.

Iran's oil exports rise 'significantly' despite sanctions, minister says

Published 22 Jan, 2021 05:09pm

Minister does not give figures to rise in crude exports.
Tough US sanctions impose by Trump in 2018.
Tehran urges Biden to rejoin nuclear deal, end sanctions.
Biden officials say no quick decision on nuclear pact.

Oil prices rise as investors look to higher demand seen in second half

Published 19 Jan, 2021 06:31pm

IEA cuts 2021 demand outlook, but sees demand rise in H2.
Chinese refining, economic data bullish.
API data on US crude inventories due on Wednesday.

The new black gold? Big Oil bets on retail networks in an electric era

Published 03 Dec, 2020 10:08am

Europe’s big oil firms, however, have another card to play: their vast global networks of filling stations.

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 27	278.06
USD PKR Interbank Buying / Jul 27	277.86
USD to Japanese Yen / Jul 28	163.75
USD to Swiss Franc / Jul 28	0.82
Pound Sterling to USD / Jul 28	1.33
Euro to USD / Jul 28	1.14
SOFR % / Jul 27	3.64

Stock	Volume
S&P 500 / Jul 27	7,413.18
Nasdaq / Jul 27	24,932.08
Dow Jones / Jul 27	52,210.08
India Sensex / Jul 28	76,916.26
Tokyo Nikkei / Jul 28	62,078.15
Hang Seng / Jul 28	25,254.48
FTSE 100 / Jul 28	10,802
Germany DAX 30 / Jul 28	25,507.27
France CAC40 / Jul 28	8,432.64

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 27	18,480
Gold 10 Grams PKR / Jul 27	370,144
Petrol/Litre / Jul 28	334.18
Crude Oil USD/Barrel / Jul 28	82.05
Gold Spot USD/Ounce / Jul 28	4,040.61
Diesel/Litre / Jul 28	386.83
Cotton US¢/pound / Jul 28	80.50

Gainers
Losers
Leaders

Stock	Price
Siddiqsons Tin / Jul 28 Siddiqsons Tin Plate Limited(STPL)	9.18 ▲ 1 (12.22%)
Gulistan Sp. / Jul 28 Gulistan Spinning Mills Limited(GUSM)	9.65 ▲ 1 (11.56%)
Gulshan Sp. / Jul 28 Gulshan Spinning Mills Limited(GSPM)	7.09 ▲ 0.7 (10.95%)
Khalid Siraj / Jul 28 Khalid Siraj Textile Mills Limited(KSTM)	14.80 ▲ 1.35 (10.04%)
Intermarket Securities / Jul 28 Intermarket Securities Limited(IMS)	26.79 ▲ 2.44 (10.02%)
Adamjee Ins. / Jul 28 Adamjee Insurance Company Limited(AICL)	90.56 ▲ 8.23 (10%)
Baba Farid Sugar / Jul 28 Baba Farid Sugar Mills Limited(BAFS)	546.95 ▲ 49.72 (10%)
First Tri-Star Mod. / Jul 28 First Tri-Star Modaraba(FTSM)	37.96 ▲ 3.45 (10%)
Khairpur Sug. / Jul 28 Khairpur Sugar Mills Limited(KPUS)	1,337.15 ▲ 121.56 (10%)
National Silk / Jul 28 The National Silk & Rayon Mills Limited(NSRM)	304.10 ▲ 27.65 (10%)

Stock	Price
Trust Sec.& Brok. / Jul 28 Trust Securities & Brokerage Limited(TSBL)	2.30 ▼ -0.3 (-11.54%)
Asia Ins. / Jul 28 Asia Insurance Company Limited(ASIC)	44.51 ▼ -4.95 (-10.01%)
Olympia Mills / Jul 28 Olympia Mills Limited(OML)	140.34 ▼ -15.59 (-10%)
TPL Insurance / Jul 28 TPL Insurance Limited(TPLI)	72.29 ▼ -8.03 (-10%)
Pakistan Credit Rating Agency / Jul 28 The Pakistan Credit Rating Agency Ltd(GEMPACRA)	32.52 ▼ -3.5 (-9.72%)
Nets Internat.Comm. / Jul 28 Nets International Communication Limited(GEMNETS)	23.50 ▼ -2.5 (-9.62%)
Ruby Textile / Jul 28 Ruby Textile Mills Limited(RUBY)	16.59 ▼ -1.71 (-9.34%)
First IBL Mod. / Jul 28 First IBL Modaraba(FIBLM)	15.24 ▼ -1.43 (-8.58%)
Shahzad Tex. / Jul 28 Shahzad Textile Mills Limited(SZTM)	88.84 ▼ -8.05 (-8.31%)
S.G.Power / Jul 28 S.G. Power Limited(SGPL)	70.57 ▼ -6.08 (-7.93%)

Stock	Volume
Cnergyico PK / Jul 28 Cnergyico PK Limited(CNERGY)	273,053,795 ▲ 0.19
WorldCall Telecom / Jul 28 Worldcall Telecom Limited(WTL)	72,249,659 ▼ -0.04
Trust Sec.& Brok. / Jul 28 Trust Securities & Brokerage Limited(TSBL)	63,665,301 ▼ -0.3
Pak Refinery / Jul 28 Pakistan Refinery Limited(PRL)	38,899,025 ▲ 3.64
Maple Leaf Cement / Jul 28 Maple Leaf Cement Factory Limited(MLCF)	24,346,490 ▲ 0.35
Ghani Chem. Ind. / Jul 28 Ghani Chemical Industries Limited(GCIL)	22,754,780 ▲ 1.24
TPL Corp Ltd / Jul 28 TPL Corp Limited(TPL)	21,763,143 ▲ 0.21
Siddiqsons Tin / Jul 28 Siddiqsons Tin Plate Limited(STPL)	18,863,138 ▲ 1
K-Electric Ltd. / Jul 28 K-Electric Limited(KEL)	15,390,222 ▼ -0.08
Intermarket Securities / Jul 28 Intermarket Securities Limited(IMS)	14,668,681 ▲ 2.44

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