Topic

oil production

OGDCL commences oil production from horizontal well in Hyderabad

Published 24 Mar, 2026 01:41pm

The well produces 460 barrels of oil per day

KP takes lead in oil production

Published 12 Mar, 2026 02:14am

ISLAMABAD: Khyber Pakhtunkhwa has emerged as the country’s leading oil-producing province, contributing about 42...

Saudi Arabia boosts oil output

Published 26 Feb, 2026 04:57am

LONDON: Saudi Arabia is increasing its oil production and exports as part of a contingency plan in case any US ...

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

PPL begins oil production from Attock well

Published 05 Nov, 2025 06:58am

KARACHI: Pakistan Petroleum Limited (PPL) has commenced oil production from its Dhok Sultan-03 well under an...

OPEC+ plans another oil output hike in November

Published 29 Sep, 2025 02:56am

MOSCOW/LONDON: OPEC+ will likely approve another oil production increase of at least 137,000 barrels per day at its...

Khamenei bemoans low oil production

Published 08 Sep, 2025 05:59am

TEHRAN: Iran’s supreme leader Ayatollah Ali Khamenei on Sunday bemoaned his country’s oil production levels and...

Trump, Opec+, and the oil price paradox

Published 31 Jan, 2025 07:57am

Donald Trump’s latest remarks urging Opec+ to bring down oil prices have added another layer of noise to an already...

OGDCL enhances oil production from Kunnar Oil Field in Hyderabad

Published 24 Jan, 2025 08:12am

ISLAMABAD: Oil and Gas Development Company Limited (OGDCL) on Thursday announced a significant enhancement in oil...

OGDCL boosts oil production at Pasakhi-7, starts gas supply from Chak 212-1

Published 21 Jan, 2025 07:41am

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) boosts oil production at Pasakhi-7, commenced gas...

OGDCL revives well in Hyderabad, enhances oil production

Updated 26 Dec, 2024 06:30pm

Oil and Gas Development Company Limited (OGDCL), the country’s largest exploration and production (E&P) company,...

PPL FY24 – earnings growth amid production decline

Updated 26 Sep, 2024 09:44am

For FY24, Pakistan Petroleum Limited (PSX: PPL) reported a 17 percent year-on-year growth in earnings, despite...

Oil eases on resuming US output after storm

Updated 15 Sep, 2024 09:44am

NEW YORK: Oil prices fell on Friday as US Gulf of Mexico crude production resumed following Hurricane Francine and...

POL strikes despite production dip

Published 06 Sep, 2024 08:53am

The oil production of Pakistan witnessed an uptick of 1.4 percent year-on-year in FY24. Meanwhile, gas production...

Oil prices: Geopolitics pips fundamentals

Published 29 Aug, 2024 08:05am

The seemingly never-ending seesaw between market fundamentals and geopolitical risks entered another fresh episode...

FY24: Oil production up; gas’s down

Published 07 Aug, 2024 05:38am

KARACHI: The oil production of Pakistan has increased by 1.4 percent on year-on-year basis during FY24, however gas...

OGDC sees significant boost in oil production at KPK well

Updated 17 May, 2024 04:46pm

Oil and Gas Development Company Limited (OGDC) has registered a significant increase in oil production from Nashpa...

Brent hovers above $83 as inflation data takes centre stage

Updated 13 May, 2024 06:30pm

LONDON: Oil prices edged higher on Monday after losing about $1 a barrel in the previous session on signs that U.S....

OPEC+ likely to extend production cuts in June

Published 05 May, 2024 02:54am

LONDON: Saudi Arabia and its allies in OPEC+ are likely to keep oil production unchanged for a further three months...

MARI – earnings slip in 3Q

Published 03 May, 2024 09:07am

Mari Petroleum Company Limited (PSX: MARI) announced its financial performance recently, posting a decline in the...

POL in 9MFY24

Published 29 Apr, 2024 07:40am

During the nine months of FY24, the oil production by the exploration and production sector in the country witnessed...

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...

Iran inks big contracts to increase oil production

Published 17 Mar, 2024 08:21pm

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

Oil rises on Middle East tensions, interest rates curb gains

Updated 13 Feb, 2024 09:36pm

HOUSTON: Oil prices rose on Tuesday as tensions in the Middle East stoked future supply concerns, but gains were...

Iraq committed to OPEC, will not produce more than 4mn bpd: minister

Published 12 Feb, 2024 05:02pm

BAGHDAD: Iraq is committed to OPEC decisions and after its second voluntary cut announced in December it is also...

Saudi Aramco halts plan to raise production capacity: statement

Published 30 Jan, 2024 12:08pm

RIYADH: Saudi Arabia has ordered energy giant Aramco to maintain its oil production capacity at 12 million barrels...

Angola to quit OPEC over oil production quotas disagreement

Published 22 Dec, 2023 05:22am

LUANDA: Angola said on Thursday it would leave OPEC over a disagreement on production quotas following the oil...

IMF says lower oil production will reduce Iraq’s GDP growth in 2023, 2024

Published 19 Dec, 2023 08:30pm

DUBAI: The International Monetary Fund said Iraq faces lower GDP growth in 2023 and 2024 as a result of lower oil...

OPEC+ talks tough, policy rollover possible, sources say

Published 28 Nov, 2023 07:19pm

LONDON: OPEC+ talks on oil policy are difficult, making a rollover a possibility rather than deeper production cuts...

Indian Oil to double Ennore LNG terminal’s capacity to 10mn tpy

Published 24 Nov, 2023 02:40pm

NEW DELHI: Indian Oil Corp, the country’s top refiner, aims to double the capacity of its liquefied natural gas...

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 3	159.91
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.35
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 2	7,609.78
Nasdaq / Jun 2	27,093.90
Dow Jones / Jun 2	51,307.79
India Sensex / Jun 3	73,756.94
Tokyo Nikkei / Jun 3	68,452.45
Hang Seng / Jun 3	25,630.80
FTSE 100 / Jun 3	10,342.09
Germany DAX 30 / Jun 3	24,951.88
France CAC40 / Jun 3	8,180.24

Item	Value
Crude Oil USD/Barrel / Jun 3	94.92
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,463.91
Cotton US¢/pound / Jun 3	80.39
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Wasl Mobility Mod. / Jun 3 Wasl Mobility Modaraba(WASL)	5.91 ▲ 1 (20.37%)
Gulshan Sp. / Jun 3 Gulshan Spinning Mills Limited(GSPM)	6.18 ▲ 1 (19.31%)
First AL-Noor Mod. / Jun 3 First Al-Noor Modaraba(FANM)	6.88 ▲ 1 (17.01%)
Chenab Ltd (Pref) / Jun 3 Chenab Limited (Pref)(CLCPS)	3.85 ▲ 0.44 (12.9%)
Chenab Ltd / Jun 3 Chenab Limited(CHBL)	9.61 ▲ 0.91 (10.46%)
Askari Life Assur. / Jun 3 Askari Life Assurance Company Limited(ALAC)	19.24 ▲ 1.75 (10.01%)
Dawood Equities / Jun 3 Dawood Equities Limited(DEL)	20.56 ▲ 1.87 (10.01%)
Grays Leasing / Jun 3 Grays Leasing Limited(GRYL)	20.89 ▲ 1.9 (10.01%)
Shahzad Tex. / Jun 3 Shahzad Textile Mills Limited(SZTM)	68.38 ▲ 6.22 (10.01%)
Ideal Spinning / Jun 3 Ideal Spinning Mills Limited(IDSM)	72.48 ▲ 6.59 (10%)

Stock	Price
Khairpur Sug. / Jun 3 Khairpur Sugar Mills Limited(KPUS)	2,164.61 ▼ -240.51 (-10%)
Diamond Ind. / Jun 3 Diamond Industries Limited(DIIL)	71.48 ▼ -7.9 (-9.95%)
Tri-Star Mutual / Jun 3 Tri-Star Mutual Fund Limited(TSMF)	16.88 ▼ -1.62 (-8.76%)
Power Cem(Pref) / Jun 3 Power Cement (Pref)(POWERPS)	27.79 ▼ -2.41 (-7.98%)
Paramount Mod / Jun 3 First Paramount Modaraba(FPRM)	13.90 ▼ -1.1 (-7.33%)
AN Textile Mills / Jun 3 AN Textile Mills Limited(ANTM)	30.18 ▼ -2.23 (-6.88%)
Al-Khair Gadoon / Jun 3 Al-Khair Gadoon Limited(AKGL)	52.03 ▼ -3.68 (-6.61%)
Gammon Pak / Jun 3 Gammon Pakistan Limited(GAMON)	19.23 ▼ -1.32 (-6.42%)
Burshane LPG / Jun 3 Burshane LPG (Pakistan) Limited(BPL)	56.96 ▼ -3.61 (-5.96%)
Punjab Oil / Jun 3 Punjab Oil Mills Limited(POML)	147.13 ▼ -8.47 (-5.44%)

Stock	Volume
Treet Battery / Jun 3 Treet Battery Limited(TBL)	46,642,698 ▼ -0.03
Dewan Cement / Jun 3 Dewan Cement Limited(DCL)	33,760,377 ▲ 0.4
Sitara Petroleum Service / Jun 3 Sitara Petroleum Service Limited(SPSL)	25,238,548 ▲ 0.84
Beco Steel Ltd / Jun 3 Beco Steel Limited(BECO)	23,949,474 ▲ 0.46
P.T.C.L. / Jun 3 Pakistan Telecommunication Company Ltd(PTC)	23,376,596 ▲ 0.82
TPL Corp Ltd / Jun 3 TPL Corp Limited(TPL)	17,752,841 ▲ 0.38
Cnergyico PK / Jun 3 Cnergyico PK Limited(CNERGY)	16,285,113 ▼ -0.2
WorldCall Telecom / Jun 3 Worldcall Telecom Limited(WTL)	14,753,659 ▼ -0.01
K-Electric Ltd. / Jun 3 K-Electric Limited(KEL)	13,876,959 ▼ -0.12
Mahanna Islamic Index / Jun 3 Mahanna Islamic Index Traded Fund(MIIETF)	13,316,500 ▼ -0.13

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