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OMCs

Oil price hike: experts say OMCs’ cash flows will improve

KARACHI: The government’s decision to increase petroleum products’ prices is likely to improve cash flows of Oil...

Published 28 May, 2022 05:11am

Disbursement of PDCs to OMCs/refineries: Rs55.5bn suppl. grant approved by ECC

Allows TCP to explore possibility of import of 200,000 MT of urea on G2G basis and on deferred payment

Updated 17 May, 2022 10:12am

Oil subsidy to cost exchequer Rs60bn

KARACHI: The government has maintained prices of local oil products to protect consumers by further raising subsidy...

Updated 17 May, 2022 09:56am

Petroleum products’ rates to rise sharply if subsidy withdrawn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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 28	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 28 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 28 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 28 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 28 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 28 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 28 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 28 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 28 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 28 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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