Trends - OMCs - Business Recorder

OMCs

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

Markets

Inventory loss: OMAP says govt decision impacted OMCs in ‘unfavourable manner’

LAHORE: The Oil Marketing Association of Pakistan (OMAP) on Monday expressed its deep concern on the recent decision...

Published 19 Jul, 2023 03:21am

Payable as RD: SC allows Customs to encash 50pc bank guarantee of OMCs

ISLAMABAD: The Supreme Court has allowed the Collector of Customs, Karachi to encash 50 percent bank guarantee of...

Updated 11 Jul, 2023 09:00am

Foreign suppliers’ accounts through customs bonded storage facilities: Guidelines for crude oil import issued

ISLAMABAD: The Directorate General of Oil (Petroleum Division) has issued guidelines for import of crude oil on...

Updated 10 Jul, 2023 08:58am

Markets

Ogra peruses concerns raised by OMAP

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has perused the concerns raised by the Oil Marketing...

Published 23 Jun, 2023 06:00am

BR Research

The oil sector in ES

The oil sector has been under pressure with demand falling over the last year and sales contracting as a result. The...

Published 19 Jun, 2023 08:50am

Oil import thru bonded storage facilities: PD asked to consult stakeholders on guidelines

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

Updated 14 Jun, 2023 09:08am

FBR expresses reservations at PD’s policy guideline

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

Updated 07 Jun, 2023 08:55am

FY24 budget: RRMC recommends cashless purchases at petrol pumps

ISLAMABAD: The Reforms & Revenue Mobilization Commission (RRMC) has recommended that petrol stations across the...

Updated 26 May, 2023 12:53pm

Markets

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

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

Updated 12 May, 2023 11:26am

Sale of smuggled Iranian diesel causing huge revenue loss

KARACHI: Iranian smuggled diesel has replaced 40pc of Pakistan’s domestic diesel consumption, causing unprecedented...

Updated 08 May, 2023 09:03am

Business & Finance

Shell Pakistan posts massive loss of Rs4.8bn in Jan-Mar quarter

Shell Pakistan Limited (SPL), a subsidiary of Shell Petroleum Company Limited, announced a loss of Rs4.76 billion in...

Published 04 May, 2023 06:04pm

Markets

Low upliftment of HSD: ARL seeks Orga’s intervention

ISLAMABAD: Attock Refinery Limited (ARL) has sought intervention from the Oil and Gas Regulatory Authority (Ogra) -...

Published 04 May, 2023 04:26am

BR Research

APL in 9MFY23

After a good year (FY22), the oil marketing companies’ (OMCs) earnings were expected to come under pressure during...

Published 02 May, 2023 09:16am

Markets

Earnings of KSE-100 index firms up 37pc QoQ in Q3

KARACHI: Inspite economic challenges and contrary to market expectations, the KSE-100 index companies’ earnings...

Published 29 Apr, 2023 06:04am

Setting up of big refinery in Balochistan: proposals sought

CSG and a Chinese consortium are coordinating to setup a 10 million MTPA refinery project in Pakistan

Updated 12 Apr, 2023 12:54pm

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

Business & Finance

POL products’ prices kept unchanged

ISLAMABAD: The federal government on Friday kept the prices of petrol and high-speed diesel (HSD) unchanged for the...

Published 01 Apr, 2023 07:21am

Up to Rs14 cut in ex-depot fuel prices likely

ISLAMABAD: Federal government may announce a substantial reduction in ex-depot fuel prices up to Rs14 per litre ...

Updated 30 Mar, 2023 08:31am

Ogra discusses exchange rate adjustment mechanism with OMCs

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) convened a meeting with the oil marketing companies (OMCs) on...

Published 25 Mar, 2023 06:25am

Fuel prices increased

ISLAMABAD: The federal government Thursday allowed a substantial raise in the prices of petroleum products, ie, up ...

Updated 16 Mar, 2023 09:59am

Editorials

Oil supply: risks must not be downplayed

EDITORIAL: The supply chain in various industries is at the risk of choking under import restrictions by State Bank...

Updated 14 Mar, 2023 10:29pm

Business & Finance

Payments to OMCs: Ogra completes 80pc audit of IFEM claims of PSO, 4 refineries

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has completed 80 percent audit of Inland Freight Equalization...

Published 11 Mar, 2023 03:16am

Business & Finance

OMAP urges Ogra to ensure safety standards

LAHORE: Oil Marketing Association of Pakistan (OMAP) on Wednesday asked Oil and Gas Regulatory Authority (Ogra) to...

Published 09 Mar, 2023 06:23am

BR Research

APL – a weaker quarter

After a good year (FY22), the oil marketing companies (OMCs) earnings were expected to come under pressure during...

Published 07 Mar, 2023 08:41am

BR Research

Oil sales - dwindling demand amid high prices

Petroleum consumption is coming down this year amid surging prices, nose-diving currency and economic hardships that...

Published 06 Mar, 2023 08:30am

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

Markets

OMAP requests Ogra to provide equal opportunities to small companies

LAHORE: Oil Marketing Association of Pakistan on Saturday requested the Oil and Gas Regulatory Authority to provide...

Published 19 Feb, 2023 03:19am

Rs9.92/litre on petrol, Rs13.12 on HSD: PSO allowed exchange rate adjustment

ISLAMABAD: The federal government allowed the Pakistan State Oil (PSO) an exchange rate adjustment of Rs9.92 per...

Updated 17 Feb, 2023 08:47am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 19	278.45
USD PKR Interbank Buying / Apr 19	278.15
USD to Japanese Yen / Apr 19	154.37
USD to Swiss Franc / Apr 19	0.91
Pound Sterling to USD / Apr 19	1.24
Euro to USD / Apr 19	1.06

Stock	Volume
S&P 500 / Apr 18	5011.12
Nasdaq / Apr 18	15601.50
Dow Jones / Apr 18	37775.38
India Sensex / Apr 19	72222.48
Tokyo Nikkei / Apr 19	37068.35
Hang Seng / Apr 19	16205.02
FTSE 100 / Apr 19	7834.89
Germany DAX 30 / Apr 19	17717.67

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 18	21735
Gold 10 Grams PKR / Apr 18	214077
Petrol/Litre / Apr 19	293.94
Crude Oil USD/Barrel / Apr 19	84.27
Gold Spot USD/Ounce / Apr 19	2382.04
Diesel/Litre / Apr 19	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 19 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 19 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 19 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 19 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 19 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 19 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 19 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 19 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 19 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 19 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 19 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 19 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 19 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 19 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 19 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 19 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 19 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 19 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 19 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 19 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

OMCs

Most Popular