Trends - OMCs - Business Recorder

OMCs

Petroleum products’ rates to rise sharply if subsidy withdrawn

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has worked out a massive increase in the prices of petroleum...

Updated 15 May, 2022 08:28am

Targeted subsidy for motorcyclists under consideration: Price differential claims on petrol, HSD increase substantially

ISLAMABAD: A proposal is under consideration of the Petroleum Division and Benazir Income Support Programme for...

Updated 03 May, 2022 09:07am

Pakistan

Wheat-producing districts of Punjab facing diesel shortage

ISLAMABAD: Wheat growing districts of Punjab have been reportedly facing shortage of high speed diesel (HSD) ahead ...

Published 26 Apr, 2022 05:20am

Markets

Ogra takes up issues relating to PDC, IFEM with stakeholders

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) conducted its meeting at Karachi with leading Oil Marketing...

Published 29 Mar, 2022 05:49am

Oil industry: OCAC asks Ogra to facilitate major shareholders

ISLAMABAD: The Oil Company Advisory Council (OCAC) has asked the Oil and Gas Regulatory Authority (Ogra) to pay...

Published 24 Mar, 2022 05:36am

Markets

Ogra holds meeting with leading OMCs, OMAP at Lahore

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) conducted a meeting at its Regional Office Lahore with ...

Published 17 Mar, 2022 04:53am

Markets

POL products’ prices remain unchanged

ISLAMABAD: The government is going to pay a heavy sum of Rs 30 billion to keep petroleum product prices at current...

Published 16 Mar, 2022 05:40am

OMCs’ PDCs up to Mar 31st: ECC approves another Rs11.73bn as suppl grant

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet Tuesday approved an allocation of additional...

Updated 16 Mar, 2022 10:03am

Pakistan

JSHQ underscores need for setting up underground SPR facility

ISLAMABAD: Joint Staff Headquarters (JSHQ), Ministry of Defence, has proposed that Strategic Petroleum Reserves ...

Published 04 Mar, 2022 04:37am

Pakistan

GO granted permission to expand its retail outlets in KP

PESHAWAR: Gas & Oil Pakistan Limited (GO), Pakistan’s fastest growing oil marketing company has been granted...

Published 02 Jan, 2022 05:05am

BR Research

Petroleum pricing: some respite

The respite in global crude oil price finally offered a breather to retail gasoline prices, without the government...

Published 17 Dec, 2021 08:03am

Markets

Declined prices of POL products: Govt unlikely to pass on full relief due to tax adjustment

ISLAMABAD: The government is unlikely to pass on full relief of declined prices of petroleum products ...

Published 15 Dec, 2021 06:34am

BR Research

Attock Petroleum Limited

Attock Petroleum Limited (PSX: APL) was Incorporated in 1998 an oil marketing company and is part of the Attock Oil...

Published 13 Dec, 2021 08:01am

Markets

Furnace oil: refineries make formal request to petroleum division

ISLAMABAD: Local refineries reminded the Petroleum Division Thursday that they are supplying over 11 million MT per...

Published 10 Dec, 2021 04:29am

BR Research

Oil sales on the rise

Petroleum consumption goes unabated amid rising inflation. The petroleum products and lubricants sold by the oil...

Published 03 Dec, 2021 07:54am

Markets

POL products’ prices remain unchanged: Rate of PL on ex-depot sale of petrol, HSD increased

ISLAMABAD: The federal government on Tuesday decided not to decrease the prices of petroleum products for the next...

Published 01 Dec, 2021 03:52am

Probe into adulteration, money laundering: FIA mulling lodging FIRs against 7 OMCs

ISLAMABAD: The Federal Investigation Agency (FIA) is to lodge FIRs against up to seven Oil Marketing Companies ...

Updated 30 Nov, 2021 12:23pm

Markets

Pakistani OMCs participate in ADIPEC in Dubai

KARACHI: Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC), one of the world’s most...

Published 24 Nov, 2021 06:22am

PD to submit report on strategic oil reserves to CCoE

ISLAMABAD: The Petroleum Division is to submit a report on storage of strategic reserves of oil to Cabinet Committee...

Updated 18 Oct, 2021 11:58am

BR Research

Petrol: Relief continues

In an environment where deputy commissioners will be controlling prices of essential and non-essential items,...

Published 03 Sep, 2021 07:25am

June 2020 fuel crises: Ogra’s decision to spare OMCs irks AGP

ISLAMABAD: The Auditor General of Pakistan (AGP) has shown serious concern over the Oil and Gas Regulatory...

Published 14 Aug, 2021 03:30am

BR Research

All time high petroleum sales

Petrol sales have been on an upward trajectory and have continuously crossed record levels in the last two months....

Published 04 Aug, 2021 08:42am

BR Research

Petroleum consumption in FY21

Oil and petroleum consumption witnessed a sharp recovery in FY21 after a dip in pandemic hit FY20. This recovery is...

Published 05 Jul, 2021 08:07am

BR Research

Petroleum sales – another upbeat month

While May 2021 has been relatively slower than the previous month in terms of economic activity due to long...

Published 03 Jun, 2021 07:40am

Markets

Govt likely to reopen Kohat oil depot

ISLAMABAD: The government is likely to re-open Kohat oil depot under the Inland Freight Equalization Margin (IFEM)...

Published 02 Jun, 2021 04:29am

Ogra asked to cancel 36 OMCs’ provisional licence

ISLAMABAD: Ministry of Energy has directed Oil and Gas Regulatory Authority (Ogra) to cancel provisional licence of...

Published 25 May, 2021 04:40am

BR Research

APL – growth in store

After wreaking havoc in FY20, the ongoing fiscal year (FY21) has been better for the oil marketing companies as...

Published 29 Apr, 2021 07:30am

Pakistan

Probe commission report: Mess in oil industry pertains to Ogra rules

ISLAMABAD: The inquiry commission report on shortage of petroleum product has exposed that much of the mess that...

Published 21 Apr, 2021 03:21am

Illegalities, irregularities by OMCs: Cabinet asks Ogra to redefine punitive measures

ISLAMABAD: The Federal Cabinet has directed Oil and Gas Regulatory Authority (Ogra) to redefine punitive measures ...

Published 10 Apr, 2021 04:34am

Markets

Petrol and diesel: OMCs directed to build up stocks

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA), on Wednesday, directed the Oil Marketing Companies (OMCs) to...

Published 08 Apr, 2021 04:10am

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Co / Feb 6 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.82 ▲ 0.16 (24.24%)
HBL Invest Fund / Feb 6 HBL Investment Fund(HIFA)	1.99 ▲ 0.34 (20.61%)
Oilboy Energy / Feb 6 Oilboy Energy Limited(OBOY)	7 ▲ 1.00 (16.67%)
Pak Gen.Ins. / Feb 6 The Pakistan General Insurance Co. Ltd.(PKGI)	5.65 ▲ 0.67 (13.45%)
P.I.A.C.(A) / Feb 6 Pakistan International Airlines Corp(PIAA)	4.10 ▲ 0.36 (9.63%)
Sui South Gas / Feb 6 Sui Southern Gas Company Limited(SSGC)	11.44 ▲ 0.99 (9.47%)
MetaTech. / Feb 6 MetaTech Health Limited(META)	7.14 ▲ 0.60 (9.17%)
Orient Rental / Feb 6 Orient Rental Mod(ORM)	6.55 ▲ 0.50 (8.26%)
Chashma / Feb 6 Chashma Sugar Mills Limited(CHAS)	64.68 ▲ 4.51 (7.50%)
Din Tex. / Feb 6 Din Textile Mills Limited(DINT)	102.63 ▲ 7.16 (7.50%)

Stock	Price
First Elite Cap.Mod / Feb 6 First Elite Capital Modaraba(FECM)	3 ▲ -0.32 (-9.64%)
Pak Gulf Leasing / Feb 6 Pak-Gulf Leasing Company Limited(PGLC)	6.03 ▲ -0.52 (-7.94%)
Shahtaj Sugar / Feb 6 Shahtaj Sugar Mills Limited(SHJS)	45.53 ▲ -3.69 (-7.50%)
AL-Noor Sugar / Feb 6 Al-Noor Sugar Mills Limited(ALNRS)	57.35 ▲ -4.64 (-7.49%)
Crescent Fib. / Feb 6 Crescent Fibres Limited(CFL)	52.73 ▲ -4.27 (-7.49%)
MCB-ARIF Habib / Feb 6 MCB-Arif Habib Savings and Invest(MCBAH)	21.97 ▲ -1.78 (-7.49%)
Sunrays Textile / Feb 6 Sunrays Textile Mills Limited(SUTM)	137.74 ▲ -11.16 (-7.49%)
Pak Leather / Feb 6 Pak Leather Crafts Limited(PAKL)	18.21 ▲ -1.47 (-7.47%)
Quetta Textile / Feb 6 Quetta Textile Mills Limited(QUET)	14.36 ▲ -1.16 (-7.47%)
Ellcot Spinning / Feb 6 Ellcot Spinning Mills Limited(ELSM)	121 ▲ -8.98 (-6.91%)

Stock	Volume
Pak Petroleum / Feb 6 Pakistan Petroleum Limited(PPL)	21,823,478 ▼ 5.59
Sui North Gas / Feb 6 Sui Northern Gas Pipelines Limited(SNGP)	13,436,569 ▼ 3.03
Oil & Gas Dev. / Feb 6 Oil & Gas Development Company Limited(OGDC)	10,544,849 ▼ 6.44
K-Electric Ltd. / Feb 6 K-Electric Limited(KEL)	8,976,715 ▼ 0.10
Hub Power Co. / Feb 6 The Hub Power Company Limited(HUBC)	7,912,174 ▼ 0.97
Sui South Gas / Feb 6 Sui Southern Gas Company Limited(SSGC)	7,743,500 ▼ 0.99
Cnergyico PK / Feb 6 Cnergyico PK Limited(CNERGY)	7,490,206 ▼ 0.06
WorldCall Telecom / Feb 6 Worldcall Telecom Limited(WTL)	5,875,506 ▼ 0.02
Dewan Motors / Feb 6 Dewan Farooque Motors Limited(DFML)	5,698,000 ▼ 0.17
P.T.C.L. / Feb 6 Pakistan Telecommunication Company Ltd(PTC)	5,530,500 ▼ 0.39

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 6	277.40
USD PKR Interbank Buying / Feb 6	275.40
USD to Japanese Yen / Feb 3	131.19
USD to Swiss Franc / Feb 3	0.93
Pound Sterling to USD / Feb 3	1.21
Euro to USD / Feb 3	1.08
UK LIBOR % / Feb 3	4.30

Stock	Volume
S&P 500 / Feb 3	4136.48
Nasdaq / Feb 3	12006.96
FTSE 100 / Feb 3	7901.80
Dow Jones / Feb 3	33926.01
Germany DAX 30 / Feb 3	15546.43
France CAC40 / Feb 3	7233.94
India Sensex / Feb 6	60506.90
Tokyo Nikkei / Feb 6	27693.65
Hang Seng / Feb 6	21349.17

Item	Value
Karachi Cotton PKR/37.32 KG / Feb 3	22235
Gold 10 Grams PKR / Feb 3	208500
Crude Oil USD/Barrel / Feb 6	73.58
Gold Spot USD/Ounce / Feb 6	1876.61
Cotton US¢/pound / Feb 6	84.80

OMCs

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