Topic

oil reserves

US seeks more access to Venezuela's mineral wealth after tapping its oil, sources say

Published 08 Sep, 2026 04:43pm

US seeks Venezuela's gold and critical minerals, expanding influence and countering China's regional economic footprint

Trump says US is taking partial control of Venezuela's vast oil reserves

Published 29 Aug, 2026 11:43am

US takes unprecedented control of 65 billion barrels of Venezuelan oil, aiming to stabilize energy markets and reduce gas prices

Report reveals significant expansion in country’s hydrocarbon reserves

Published 02 Sep, 2025 07:20am

KARACHI: A new report reveals a significant expansion in Pakistan’s hydrocarbon reserves, driven primarily by...

Experts sceptical of Trump’s claim of ‘massive’ oil reserves in Pakistan: Bloomberg

Updated 27 Aug, 2025 10:53pm

Despite renewed interest from major US companies in Pakistan’s energy sector, industry experts have cast doubt on...

Trump says US to help develop oil reserves

Published 01 Aug, 2025 06:17am

ISLAMABAD/WASHINGTON: The United States and Pakistan hailed a trade deal on Thursday that Islamabad said would lead...

PTI warns oil reserves may run out in 10-12 days

Published 19 Jun, 2025 05:53am

ISLAMABAD: The opposition leader in National Assembly Omar Ayub on Wednesday issued a stark warning that the...

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....

Iraq hopes oil reserves will exceed 160bn barrels: minister

Published 11 May, 2024 06:34pm

BAGHDAD: Iraq, one of the world’s biggest oil producers, aims to boost its crude reserves to more than 160 billion...

June oil reserves decline 17pc to 193m bbl YoY

Updated 09 Sep, 2023 07:01am

KARACHI: The country’s oil reserves declined by 17 percent to stand at 193 million bbl in June 2023 as compared to...

OGDCL’s KP well sees major boost in production

Updated 30 Aug, 2023 07:43pm

Oil & Gas Development Company Limited (OGDCL), the country’s largest hydrocarbon exploration firm, has achieved...

OGDCL commences oil & gas production from KPK field

Published 15 Jun, 2023 03:48pm

Company is set to start production from its Wali (Bettani) Gas Field, integrating it into the national grid

Riyal politic

Updated 25 May, 2023 07:12am

Once again Saudi Arabia is using its position as the financial superpower of the Middle East – it sits on top of ...

US oil may retest support at $77.16

Published 23 Dec, 2022 10:51am

SINGAPORE: U.S. oil may retest a support at $77.16 per barrel, a break below which could open the way towards...

OGDCL discovers oil & gas reserves in Sindh

Updated 19 Dec, 2022 04:36pm

Oil and Gas Development Company Limited (OGDCL), the largest oil and gas exploration company in Pakistan, on Monday...

OGDCL discovers oil reserves in Punjab

Updated 27 Oct, 2022 03:54pm

Company says latest oil discovery further extends hydrocarbon play area in Pothohar basin

Saudi blasts release of oil reserves ‘to manipulate markets’

Updated 26 Oct, 2022 09:28am

RIYADH: Saudi Arabia’s energy minister on Tuesday blasted the release of emergency oil stocks as an attempt to...

Biden to release 15m barrels from US oil reserves

Published 20 Oct, 2022 05:36am

WASHINGTON: President Joe Biden will announce Wednesday he’s putting the final 15 million barrels on the market...

Biden, battling high gas prices, says US will tap, refill oil reserve

Published 19 Oct, 2022 11:17pm

WASHINGTON: President Joe Biden said Wednesday the United States will sell 15 million barrels from the nation's...

June oil reserves decline 7pc to 233m bbl YoY

Published 26 Aug, 2022 06:00am

KARACHI: The oil reserves have reduced by 7.0 percent on year-on-year basis, arriving at 233 million bbl during June...

IMF being lenient with current government: Shaukat Tarin

Updated 22 Jun, 2022 06:28pm

Former finance minister says global lender asked PTI to match policy rate with headline inflation instead of core inflation

OGDCL discovers oil, gas reserves in Sindh and Punjab

Published 22 Jun, 2022 11:47am

Discoveries made in Rajanpur, Punjab and district Tando Allah Yar, Sindh

Russian isolation won’t spark ‘acute’ oil supply crunch: IEA

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 30	277.31
USD PKR Interbank Buying / Sep 30	277.11
USD to Japanese Yen / Sep 30	157.84
USD to Swiss Franc / Sep 30	0.83
Pound Sterling to USD / Sep 30	1.33
Euro to USD / Sep 30	1.13
SOFR % / Sep 29	3.88

Stock	Volume
S&P 500 / Sep 30	7,651.54
India Sensex / Sep 30	72,480.29
Tokyo Nikkei / Sep 30	66,753.72
Nasdaq / Sep 30	26,861.06
Hang Seng / Sep 30	24,613.27
FTSE 100 / Sep 30	10,606
Dow Jones / Sep 30	50,906.05
Germany DAX 30 / Sep 30	25,199.19
France CAC40 / Sep 30	7,964.51

Item	Value
Crude Oil USD/Barrel / Sep 30	90.56
Karachi Cotton PKR/37.32 KG / Sep 30	18,680
Gold 10 Grams PKR / Sep 30	378,631
Gold Spot USD/Ounce / Sep 30	4,154.77
Cotton US¢/pound / Sep 30	78.52
Petrol/Litre / Oct 1	387.54
Diesel/Litre / Oct 1	402.24

Gainers
Losers
Leaders

Stock	Price
First Imrooz Mod. / Oct 1 First Imrooz Modaraba(FIMM)	286.94 ▲ 26.09 (10%)
Ghazi Fabrics / Oct 1 Ghazi Fabrics International Limited(GFIL)	28.70 ▲ 2.32 (8.79%)
D.M. Corporation / Oct 1 D.M. Corporation Limited(DMC)	179 ▲ 13.67 (8.27%)
Sindh Modaraba / Oct 1 Sindh Modaraba(SINDM)	35.85 ▲ 2.57 (7.72%)
Asim Textile / Oct 1 Asim Textile Mills Limited(ASTM)	122.50 ▲ 8.54 (7.49%)
Security Investment Bank / Oct 1 Security Investment Bank Limited(SIBL)	7.10 ▲ 0.49 (7.41%)
ARM Green Industries / Oct 1 ARM Green Industries Limited(ARMG)	52.50 ▲ 3.49 (7.12%)
First IBL Mod. / Oct 1 First IBL Modaraba(FIBLM)	15.84 ▲ 1 (6.74%)
Int. Knit. / Oct 1 International Knitwear Limited(INKL)	103 ▲ 6.5 (6.74%)
Ali Asghar / Oct 1 Ali Asghar Textile Mills Limited(AATM)	44.99 ▲ 2.8 (6.64%)

Stock	Price
EFU Life Assr / Oct 1 EFU Life Assurance Limited(EFUL)	125 ▼ -39.01 (-23.79%)
Azgard Nine (Non-Voti) / Oct 1 Azgard Nine (Non-Voti)(ANLNV)	7.50 ▼ -0.94 (-11.14%)
First Punjab Modaraba / Oct 1 First Punjab Modaraba(FPJM)	26.14 ▼ -2.9 (-9.99%)
Mughal Energy / Oct 1 Mughal Energy Limited(GEM)(GEMMEL)	37 ▼ -4 (-9.76%)
Ashfaq Textile / Oct 1 Ashfaq Textile Mills Limited(ASHT)	46.81 ▼ -3.76 (-7.44%)
Karam Ceramics / Oct 1 Karam Ceramics Limited(KCL)	161.29 ▼ -10.16 (-5.93%)
Dewan Textile / Oct 1 Dewan Textile Mills Limited(DWTM)	9.20 ▼ -0.52 (-5.35%)
AN Textile Mills / Oct 1 AN Textile Mills Limited(ANTM)	76.26 ▼ -4.26 (-5.29%)
Pakistan Services / Oct 1 Pakistan Services Limited(PSEL)	976.03 ▼ -43.6 (-4.28%)
JS Mom. Factor ETF / Oct 1 JS Momentum Factor ETF(JSMFETF)	10.89 ▼ -0.46 (-4.05%)

Stock	Volume
Kohinoor Spinning / Oct 1 Kohinoor Spinning Mills Limited(KOSM)	10,995,614 ▲ 0.08
Pak Int.Bulk / Oct 1 Pakistan International Bulk Terminal(PIBTL)	10,094,753 ▲ 0.31
First Punjab Modaraba / Oct 1 First Punjab Modaraba(FPJM)	7,824,936 ▼ -2.9
Oilboy Energy / Oct 1 Oilboy Energy Limited(OBOY)	4,044,302 ▲ 0.76
Pak Refinery / Oct 1 Pakistan Refinery Limited(PRL)	2,650,185 ▲ 0.59
Aisha Steel Mills / Oct 1 Aisha Steel Mills Limited(ASL)	1,600,178 ▲ 0.36
Tasdeeq Info. Serv. / Oct 1 Tasdeeq Information Services Limited(TISL)	1,540,968 ▲ 0.01
Yousuf Weaving / Oct 1 Yousaf Weaving Mills Limited(YOUW)	1,493,794 ▲ 0.1
D.S. Ind. Ltd. / Oct 1 D.S. Industries Limited(DSIL)	1,424,576 ▲ 0.48
Cnergyico PK / Oct 1 Cnergyico PK Limited(CNERGY)	1,277,561 ▲ 0.03

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