Trends - oil marketing companies

oil marketing companies

April sales 6-month low: OMCs

ISLAMABAD: Oil marketing companies (OMCs) in April 2024 posted monthly sales of 1.1mn tons which is six months low...

Published 03 May, 2024 06:29am

Markets

OPEC+ ministers keep oil output policy steady, sources say

LONDON/MOSCOW/DUBAI: A meeting of the top ministers of OPEC+ has kept oil output policy unchanged, three OPEC+...

Published 03 Apr, 2024 05:42pm

BR Research

Oil sales in 9MFY24

The oil sales by the oil marketing companies during March 2024 saw a rise of 4 percent year-on-year, and three...

Published 03 Apr, 2024 09:14am

BR Research

Oil sales – weak and down

The oil sales by the oil marketing companies during February 2024 plummeted by 8 percent year-on-year. The decline...

Published 06 Mar, 2024 06:49am

Pakistan

ST issue: OTCA threatens to go on strike

ISLAMABAD: All Pakistan Oil Tankers Contractors Association (OTCA) on Thursday warned the Punjab Revenue Authority...

Published 12 Jan, 2024 03:06am

BR Research

OMC sales in 5MFY24

The oil marketing companies have been facing weaker oil sales over the last year. Monthly petroleum sales in the...

Published 06 Dec, 2023 09:00am

BR Research

Pakistan Refinery Limited

Pakistan Refinery Limited (PSX: PRL) is a hydro skimming refinery designed to process imported and local crude oil,...

Published 05 Dec, 2023 07:45am

BR Research

Petroleum sales and some recovery?

Monthly petroleum sales in the country have been weakening due economic slowdown, rising inflation, and depreciating...

Published 03 Nov, 2023 08:42am

Business & Finance

Concerns over Ogra’s ‘anti-OMCs’ bias expressed

LAHORE: The emerging Oil Marketing Companies (OMCs) have expressed their concerns regarding the biasness of Oil and...

Published 13 Jul, 2023 04:50am

BR Research

Oil sales continue downhill

Petroleum demand has been coming down as a result of rising prices, a depreciating currency, and economic hardships...

Published 04 Apr, 2023 09:23am

Markets

Hascol’s worst problems are behind it, says chief as company announces steps to restructure Rs54bn debt

We are making excellent progress with our banks and are grateful to them for their cooperation: Sir Alan Duncan

Updated 14 Mar, 2023 06:08pm

Markets

OGRA manipulating pricing of petroleum products: OMAP

LAHORE: Oil Marketing Association of Pakistan on Sunday demanded that exchange rate adjustments should be passed on...

Published 06 Mar, 2023 07:16am

Business & Finance

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

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

Published 21 Feb, 2023 05:57am

Measures proposed to boost protection of important installations

ISLAMABAD: The country’s security agencies are said to have opined that the threat dynamics are changing with each...

Updated 20 Feb, 2023 08:53am

Petrol shortage hits major cities of Punjab

LAHORE: Long queues of two-wheelers and cars have been witnessed at filling stations in most parts of the Punjab...

Updated 09 Feb, 2023 08:46am

Business & Finance

Govt asks OMCs to ensure supply of fuel

ISLAMABAD: State Minister for Energy (Petroleum Division) Musadik Malik on Wednesday negated the rumours that...

Published 09 Feb, 2023 06:02am

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

OMCs’ HSD premium: ECC directs PD to develop certification mechanism

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has directed the Petroleum Division to develop a...

Updated 24 Nov, 2022 09:42am

BR Research

OMC sales: of weak demand and high prices

The consumption of petroleum products in the country improved during October as compared to the previous month ...

Published 04 Nov, 2022 08:54am

BR Research

PL limit exhausted – what next?

From doling out as high as Rs14/liter as subsidy on petrol to a Petroleum Levy (PL) of Rs50/ltr – all under six...

Published 02 Nov, 2022 09:04am

BR Research

APL – another robust quarter!

After a good year (FY22), the oil marketingcompanies’ (OMCs) earnings were expected to comeunderpressure during ...

Published 26 Oct, 2022 09:21am

BR Research

OMC sales — demand ebbing

FY23 has proving to be a weak year for oil sales by the oil marketing companies. Oil consumption has been fizzling...

Published 06 Oct, 2022 07:58am

Opinion

Deregulating versus regulating oil prices

Energy plays a pivotal role in any nation’s economic development and there are many different sources of it,...

Published 04 Sep, 2022 05:44am

Business & Finance

FBR expands scope of definition of IT, IT-enabled services

ISLAMABAD: The Federal Board of Revenue (FBR) has expanded the scope of the definition of IT and IT-enabled ...

Published 01 Jul, 2022 06:13am

BR Research

Pakistan Refinery Limited

Pakistan Refinery Limited (PSX:PRL) is a hydro skimming refinery designed to process imported and local crude oil,...

Published 29 Jun, 2022 09:28am

POL products’ prices hiked by Rs30 per litre

ISLAMABAD: The government has announced to increase petroleum products’ prices by Rs30 per litre from Thursday ...

Updated 27 May, 2022 09:54am

BR Research

OMC sales and robust demand

After a slower February 2022, petroleum product sales in March 2022 are back to being robust. Sales of petroleum...

Published 06 Apr, 2022 08:24am

Markets

Capped prices of petroleum products: Govt to bear additional burden of Rs33bn

ISLAMABAD: Federal government decision to un-change the prices of petroleum products for first half of April will...

Published 01 Apr, 2022 05:41am

Opinion

The costs of inaction

The political temperature is heating up. In the quest for survival, the tough economic decisions are kept on the...

Published 14 Mar, 2022 07:01am

Prices of petroleum products may soar further

Govt likely to move up rates by upto Rs6 per litre

Updated 14 Jan, 2022 12:30pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 23	278.42
USD PKR Interbank Buying / May 23	278.22
USD to Japanese Yen / May 23	156.74
USD to Swiss Franc / May 23	0.91
Pound Sterling to USD / May 23	1.27
Euro to USD / May 23	1.08

Stock	Volume
S&P 500 / May 22	5307.01
Nasdaq / May 22	16801.54
Dow Jones / May 22	39671.04
India Sensex / May 23	74667.86
Tokyo Nikkei / May 23	39034.80
Hang Seng / May 23	18845.59
FTSE 100 / May 23	8373.47
Germany DAX 30 / May 23	18748.98

Item	Value
Crude Oil USD/Barrel / May 23	76.94
Karachi Cotton PKR/37.32 KG / May 23	19935
Gold 10 Grams PKR / May 23	207476
Gold Spot USD/Ounce / May 23	2362.37
Cotton US¢/pound / May 23	79
Petrol/Litre / May 24	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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