Topic

OIL IMPORTS

Oil steadies as hopes of renewed US-Iran negotiations offset Houthi threat

Updated 20 Jul, 2026 05:46pm

Brent crude futures were up 18 cents, or 0.2%, at $88.28 a barrel

A changing role of CPEC 2.0 in Pakistan’s financial and external sectors

Updated 18 Jul, 2026 08:12am

The recent confrontation involving Iran, Israel, and the United States has highlighted the vulnerability of global...

Oil smuggling: a dangerous parallel market

Updated 26 May, 2026 07:27am

EDITORIAL: The surge in Iranian oil smuggling into Pakistan during the ongoing Middle East conflict has exposed...

Rising global oil prices push April C/A into deficit

Published 19 May, 2026 06:02am

KARACHI: Pakistan’s current account swung back into deficit in April as a sharp rise in imports, driven largely by...

Oil little changed as Trump arrives in China; US oil stocks fall more than expected

Updated 13 May, 2026 09:37pm

Brent crude futures were down 15 cents, or 0.1%, to $107.62 a barrel at 1503 GMT

Pakistan to increase oil imports from Russia amid Hormuz crisis, reports

Published 12 May, 2026 02:03pm

Driven by the Strait of Hormuz crisis, Pakistan and Russia are advancing a key gas pipeline project

Oil imports on CIF basis: SBP extends relaxation to July 10

Updated 08 May, 2026 09:55am

KARACHI: The State Bank of Pakistan has extended permission for the import of crude oil and petroleum products on...

Increased SBP facilitation: Import of oil, POL items, LNG in focus

Updated 24 Apr, 2026 09:22am

KARACHI: The State Bank of Pakistan (SBP) on Thursday empowered banks to issue Financial Instruments (FIs) at the...

Surplus today, pressure tomorrow

Updated 20 Apr, 2026 07:36am

The current account posted a surplus of USD1.1 billion in March. That is comforting news at a time of skyrocketing...

Pakistan weighs spot LNG

Published 16 Apr, 2026 06:16am

ISLAMABAD: Pakistan is considering buying liquefied natural gas (LNG) on the spot market to offset supply...

ME conflict disrupts Pakistan’s trade to GCC states, other regions

Updated 27 Mar, 2026 02:46pm

Pakistan Institute of Development Economics says high energy prices could increase Pakistan’s import bill by USD 4.5 billion

MRPL shuts refining units due to oil shortage, sources say

Published 05 Mar, 2026 05:39pm

The Strait of Hormuz is a conduit for about a fifth of crude consumed globally

Pakistan to get Saudi oil thru Red Sea port

Updated 05 Mar, 2026 09:05am

Petroleum Minister apprises Ambassador of Saudia Arabia about the current situation and the implications of the closure of the Strait of Hormuz

Oil prices climb 1% on US crude and fuel stock draw, Venezuela supply worries

Updated 26 Mar, 2025 11:31pm

HOUSTON: Oil prices rose on Wednesday, buoyed by government data showing U.S. crude oil and fuel inventories fell...

China’s Jan-Feb crude oil imports from top supplier Russia drop

Updated 23 Mar, 2025 07:27am

SINGAPORE: Russia remains the top oil supplier to China during the first two months of 2025, but volumes - including...

Imports under pressure

Published 22 Jan, 2025 07:58am

The import pressure is gradually increasing. There is no immediate strain on the currency per se, but demand is...

Ongoing global oil price decline to benefit Pakistan: brokerage house

Updated 05 Sep, 2024 10:32pm

The ongoing decline in global oil price “benefits Pakistan” and will help its trade balance and inflation figures,...

3 Oct cargoes to be cancelled: Leading OMCs’ Sept cargo deferred

Updated 05 Sep, 2024 09:07am

ISLAMABAD: Leading importing Oil Marketing Companies’ September cargo has been deferred and three cargoes in October...

Oil edges up on upbeat US economic data

Published 26 Jul, 2024 06:21am

NEW YORK: Oil prices edged up on Thursday after strong US economic data stoked expectations for higher crude demand,...

China March crude oil imports at 49.05mn metric tons

Published 12 Apr, 2024 12:28pm

BEIJING: China’s crude oil imports in March fell back from high levels a year earlier but remained strong as key...

Malaysian palm oil flat on low supply concerns

Published 05 Nov, 2023 03:10am

SINGAPORE: Malaysian palm oil futures were little changed on Friday, as concerns over lower supply outweighed ...

Pakistan’s imports of Russian crude face port, refinery, currency constraints

Updated 01 Aug, 2023 08:56am

KARACHI: Pakistan is unlikely to meet a target for Russian crude to make up two-thirds of its oil imports, despite...

Govt negotiating second cargo of discounted Russian crude

Updated 13 Jul, 2023 09:11am

ISLAMABAD: The State Minister for Petroleum, Dr Musadik Malik, on Wednesday said that talks with Russia are...

Jeddah-based ITFC signs deal to fund $1.4bn of Bangladesh oil imports

Updated 09 Jul, 2023 09:05am

JEDDAH: The International Islamic Trade Finance Corporation (ITFC), which is based in Jeddah, signed a $1.4 billion...

80pc of oil imports ferried into Pakistan thru PNSC: chairman

Published 23 Jun, 2023 06:00am

KARACHI: Rear Admiral Jawad Ahmed, Chairman and CEO of the Pakistan National Shipping Corporation (PNSC), said a...

FO defends procurement of crude oil from Russia

Updated 16 Jun, 2023 09:03am

ISLAMABAD: Foreign Office on Thursday defended Pakistan’s procurement of “affordable” crude oil from Russia as a...

First-ever crude-laden Russian ship arrives

Updated 12 Jun, 2023 08:41am

KARACHI/ISLAMABAD: The first-ever Russian oil ship carrying over 45,000 metric tons of crude has arrived at Karachi...

FBR expresses reservations at PD’s policy guideline

Updated 07 Jun, 2023 08:55am

ISLAMABAD: The Federal Board of Revenue (FBR) has reportedly expressed reservations at Petroleum Division’s policy...

Dwindling forex reserves and bravado

Updated 15 May, 2023 08:15am

Consumer Price Index rose to 36.4 percent in April - a rise of one percent from March 2023, 23.7 percent from March...

Newly-launched night navigation increases FOTCO’s terminal capacity by 30pc

Updated 12 May, 2023 11:26am

Port Qasim, FOTCO successfully dock first-ever oil vessel at night

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 4	277.96
USD PKR Interbank Buying / Aug 4	277.76
USD to Japanese Yen / Aug 5	157.77
USD to Swiss Franc / Aug 5	0.81
Pound Sterling to USD / Aug 5	1.35
Euro to USD / Aug 5	1.15
SOFR % / Aug 4	3.66

Stock	Volume
S&P 500 / Aug 4	7,736.52
Nasdaq / Aug 4	26,584.99
Dow Jones / Aug 4	54,085.88
India Sensex / Aug 5	78,847.15
Tokyo Nikkei / Aug 5	66,300.44
Hang Seng / Aug 5	25,915.82
FTSE 100 / Aug 5	10,894.49
Germany DAX 30 / Aug 5	26,227.46
France CAC40 / Aug 5	8,671.09

Item	Value
Karachi Cotton PKR/37.32 KG / Aug 4	18,780
Gold 10 Grams PKR / Aug 4	366,886
Petrol/Litre / Aug 5	328.56
Crude Oil USD/Barrel / Aug 5	76.02
Gold Spot USD/Ounce / Aug 5	4,221.30
Diesel/Litre / Aug 5	385.86
Cotton US¢/pound / Aug 5	82.62

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Aug 5 786 Investments Limited(786)	28.57 ▲ 2.6 (10.01%)
First Tri-Star Mod. / Aug 5 First Tri-Star Modaraba(FTSM)	38.34 ▲ 3.49 (10.01%)
Shams Textile / Aug 5 Shams Textile Mills Limited(STML)	55.74 ▲ 5.07 (10.01%)
East West Ins. / Aug 5 East West Insurance Company Limited(EWIC)	60.52 ▲ 5.5 (10%)
Gadoon Textile / Aug 5 Gadoon Textile Mills Limited(GADT)	340 ▲ 30.91 (10%)
J.A.Textile / Aug 5 J.A. Textile Mills Limited(JATM)	51.58 ▲ 4.69 (10%)
Suhail Jute / Aug 5 Suhail Jute Mills Limited(SUHJ)	261.12 ▲ 23.74 (10%)
Tri-Star Power / Aug 5 Tri-Star Power Limited(TSPL)	18.50 ▲ 1.68 (9.99%)
Asim Textile / Aug 5 Asim Textile Mills Limited(ASTM)	51.08 ▲ 4.64 (9.99%)
Redco Textile / Aug 5 Redco Textiles Limited(REDCO)	33.37 ▲ 3.03 (9.99%)

Stock	Price
Mehmood Tex / Aug 5 Mehmood Textile Mills Limited(MEHT)	152.98 ▼ -17 (-10%)
Olympia Mills / Aug 5 Olympia Mills Limited(OML)	108.29 ▼ -12.03 (-10%)
Trust Mod. / Aug 5 Trust Modaraba(TRSM)	21.56 ▼ -2.39 (-9.98%)
Aisha Steel(ConPS) / Aug 5 Aisha Steel(ConPS)(ASLPS)	28.43 ▼ -3.12 (-9.89%)
Tariq Corporation / Aug 5 Tariq Corporation Limited(TCORP)	19.31 ▼ -1.99 (-9.34%)
Nets Internat.Comm. / Aug 5 Nets International Communication Limited(GEMNETS)	21.56 ▼ -1.94 (-8.26%)
Masood Textile / Aug 5 Masood Textile Mills Limited(MSOT)	142.20 ▼ -11.47 (-7.46%)
ARM Green Industries / Aug 5 ARM Green Industries Limited(ARMG)	61.15 ▼ -4.85 (-7.35%)
Grays Leasing / Aug 5 Grays Leasing Limited(GRYL)	21.66 ▼ -1.67 (-7.16%)
Shahtaj Sugar / Aug 5 Shahtaj Sugar Mills Limited(SHJS)	177.41 ▼ -12.45 (-6.56%)

Stock	Volume
Trust Sec.& Brok. / Aug 5 Trust Securities & Brokerage Limited(TSBL)	52,879,995 ▼ -0.13
WorldCall Telecom / Aug 5 Worldcall Telecom Limited(WTL)	42,520,544 ▲ 0.03
Cnergyico PK / Aug 5 Cnergyico PK Limited(CNERGY)	40,200,390 ▲ 0.05
B.O.Punjab / Aug 5 The Bank of Punjab(BOP)	40,114,047 ▲ 1.05
Unity Foods Ltd / Aug 5 Unity Foods Limited(UNITY)	26,759,807 ▲ 1.01
TPL Properties / Aug 5 TPL Properties Limited(TPLP)	25,273,545 ▼ -0.16
Samba Bank / Aug 5 Samba Bank Limited(SBL)	23,483,908 ▲ 1.07
Pak Refinery / Aug 5 Pakistan Refinery Limited(PRL)	22,036,197 ▲ 0.95
Dadabhoy Cement / Aug 5 Dadabhoy Cement Industries Limited(DBCI)	21,526,182 ▼ -0.51
Pak Int.Bulk / Aug 5 Pakistan International Bulk Terminal(PIBTL)	20,001,936 ▲ 0.04

OIL IMPORTS

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