Smuggling back in surge Petrol smuggling is back. Earlier this week, the Chairman Oil Companies Advisory Council (OCAC) wrote a hard-hitting... Published 27 Mar, 2024 07:04am
Markets OMCs grappling with financial instability LAHORE: Chairman of the Oil Marketing Association of Pakistan (OMAP), Tariq Wazir Ali, has voiced concerns over the... Published 26 Mar, 2024 04:20am
Business & Finance OCAC urges govt to dismantle smuggling network ISLAMABAD: The Oil Companies Advisory Council (OCAC) has urged the government to extend support to aggressively... Updated 26 Mar, 2024 09:44am
Markets Turnaround: after loss-making 2022, Shell Pakistan posts Rs6.2bn profit in 2023 Shell Pakistan Limited (SPL), a subsidiary of Shell Petroleum Company Limited, registered profit-after-tax of Rs6.21... Updated 06 Mar, 2024 04:54pm
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
Markets Global lubricant giant Gulf Oil enters Pakistan In a key development for the country’s oil sector, global lubricants giant Gulf Oil announced that it has entered... Published 24 Feb, 2024 09:34pm
BR Research PSO in 1HFY24 Pakistan State Oil Company Limited (PSX: PSO) announced its financial performance for 1HFY24 yesterday where it... Published 16 Feb, 2024 08:54am
Markets PSO suffers hefty loss of Rs10.4bn in 2QFY24 Pakistan State Oil Company Limited (PSO) posted consolidated losses to the tune of Rs10.43 billion in the second... Updated 15 Feb, 2024 09:36pm
BR Research Attock Petroleum robust! Attock Petroleum Limited (PSX: APL) recently announced financial performance for its latest quarter with a whopping... Published 09 Feb, 2024 08:26am
Print PL on HOBC fuel kept unchanged ISLAMABAD: The Oil Marketing Companies (OMCs) have sustained the price of Hi-Octane blending component (HOBC) fuel... Updated 03 Feb, 2024 03:02pm
Business & Finance Petrol price cut by Rs8/litre ISLAMABAD: The interim government on Monday slashed the ex-depot price of petrol by Rs 8 per litre in a fortnightly... Published 16 Jan, 2024 05:44am
BR Research 1HFY24 – Fall in oil sales The oil sales by the oil marketing sector during the first half of FY24 (1HFY24) witnessed a decline of around 15... Published 05 Jan, 2024 08:35am
Print First half of Jan’24: Petroleum products’ prices may be sustained Decision may be taken in line with marginal increase in prices of Brent globally Updated 29 Dec, 2023 02:24pm
Business & Finance Govt slashes petrol price by Rs14, HSD’s by Rs13.50 ISLAMABAD: The caretaker government on Friday announced reduction in ex-depot prices of major petroleum products,... Published 16 Dec, 2023 05:49am
Print Petrol, HSD prices may decline significantly ISLAMABAD: In case the interim government disallows exchange rate adjustment to Pakistan State Oil (PSO), there are... Updated 15 Dec, 2023 10:41am
Business & Finance ‘ARL does not exclusively supply petroleum products to APL’ ISLAMABAD: Attock Refinery Limited (ARL) does not exclusively supply petroleum products to Attock Petroleum Limited... Published 15 Dec, 2023 03:12am
Pakistan ARL rejects news item on APL’s non-uplifting ISLAMABAD: The Attock Refinery Limited (ARL) stated on Wednesday that for the last five months starting July 2023 ... Published 14 Dec, 2023 05:24am
Markets Profit-taking drags KSE-100 Index 1.73% lower Experts say correction much-needed after record-breaking rally at bourse Updated 13 Dec, 2023 06:31pm
Markets Minister accuses APL of not lifting petrol, HSD stock ISLAMABAD: Caretaker Minister for Energy, Muhammad Ali, on Tuesday accused Attock Petroleum Limited (APL) – a... Published 13 Dec, 2023 05:33am
Opinion Navigating petroleum pricing: Need to introduce deregulation Introduction: The intricacies of Pakistan’s oil pricing system, tethered to the fortnightly determination of prices,... Updated 30 Nov, 2023 05:20am
Print OMAP urges ministry, Ogra to reconsider proposed weekly adjustments LAHORE: Chairman Oil Marketing Association of Pakistan (OMAP) Tariq Wazir Ali on Sunday appealed to the Ministry of... Updated 27 Nov, 2023 08:38am
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 Earnings up 52pc YoY, dividend 13pc: Corporate sector posts record profitability in Q1 KARACHI: The listed corporate sector companies performed exceptionally well, as the KSE-100 index companies recorded... Published 02 Nov, 2023 03:15am
Opinion Clear message of no more business as usual-II Fuel market requires a paradigm change. Not subtly but by disruption aimed at creating an upheaval, leading to a... Updated 20 Oct, 2023 06:31am
BR Research Petroleum pricing: Border and currency controls imperative The petroleum product price relief for the ongoing fortnight felt too little, given how retail prices are almost 50... Published 03 Oct, 2023 08:54am
Markets KSE-100 index companies: PAT increases by 16pc on YoY KARACHI: The profit after tax (PAT) of KSE-100 index companies increased by 16 percent on year-on-year basis to Rs... Published 29 Sep, 2023 06:24am
BR Research OMC volumes: some surge in retail fuels The oil marketing segment has been hit hard by weaker volumes amid escalating prices, shrinking margins, weaker... Published 05 Sep, 2023 08:50am
Business & Finance OMAP urges govt to resolve issues facing oil industry LAHORE: Oil Marketing Association of Pakistan (OMAP) on Wednesday drew attention of the caretaker cabinet towards ... Published 31 Aug, 2023 06:00am
Print PMG, HSD sectors: OMAP says concerned at pricing mechanism LAHORE: The Oil Marketing Association of Pakistan (OMAP) has raised concerns on the pricing mechanism associated... Updated 21 Aug, 2023 08:54am
Business & Finance HSD price cut: Ogra says has no mandate to review or amend govt policy ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has asked the Oil Companies Advisory Council (OCAC) and Oil... Updated 21 Jul, 2023 08:56am