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OMCs

Rs9bn approved for clearing OMCs’ PDCs: ECC allows export of 0.15 MMTs of surplus sugar

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has allowed export of 0.15 million MTs of...

Updated 14 Jun, 2024 08:20am

Markets

HSD import permission to M/s GO: 5 refineries lodge protest with Ogra

ISLAMABAD: The country’s five refineries have protested with chairman Oil and Gas Regulatory Authority (OGRA) for...

Published 14 Jun, 2024 06:31am

Business & Finance

Aramco, GO Petroleum get CCP’s nod for product supply agreement

The Competition Commission of Pakistan (CCP) has granted a time-bound exemption on the relevant clauses of product...

Published 21 May, 2024 06:03pm

Business & Finance

Aurangzeb urged to address issues of OMCs

LAHORE: Chairman Oil Marketing Association of Pakistan Tariq Wazir Ali on Tuesday appealed to the Minister of ...

Updated 15 May, 2024 06:09am

BR Research

OMC sales lackluster

All the hype around the rebound in petroleum consumption and oil sales has died down as April 2024 recorded the...

Published 08 May, 2024 06:35am

Markets

April sales 6-month low: OMCs

ISLAMABAD: Oil marketing companies (OMCs) in April 2024 posted monthly sales of 1.1mn tons which is six months low...

Published 03 May, 2024 06:29am

Markets

OMAP urges govt to remove 20-day stock cover requirement

LAHORE: The Oil Marketing Association of Pakistan (OMAP) has urged the government to remove the 20-day stock cover...

Updated 02 May, 2024 05:21am

Business & Finance

OMCs raise price of HOBC by Rs10 per litre from April 1

ISLAMABAD: The Oil Marketing Companies (OMCs) have raised the price of Hi-Octane Blending Component (HOBC) by Rs10...

Updated 06 Apr, 2024 08:47am

Editorials

Oil smuggling

EDITORIAL: It’s shocking that at least 4,000 MT of smuggled oil still finds its way into Pakistan every day,...

Published 30 Mar, 2024 04:58am

BR Research

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

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

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

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

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 14	278.71
USD PKR Interbank Buying / Jun 14	278.51
USD to Japanese Yen / Jun 14	157.40
USD to Swiss Franc / Jun 14	0.89
Pound Sterling to USD / Jun 14	1.28
Euro to USD / Jun 14	1.07

Stock	Volume
S&P 500 / Jun 14	5,431.60
India Sensex / Jun 14	76,992.77
Tokyo Nikkei / Jun 14	38,814.56
Nasdaq / Jun 14	17,688.88
Hang Seng / Jun 14	17,941.78
FTSE 100 / Jun 14	8,146.86
Dow Jones / Jun 14	38,589.16
Germany DAX 30 / Jun 14	18,002.02

Item	Value
Crude Oil USD/Barrel / Jun 14	78.45
Karachi Cotton PKR/37.32 KG / Jun 14	19,935
Gold 10 Grams PKR / Jun 14	207,047
Gold Spot USD/Ounce / Jun 14	2,333.04
Cotton US¢/pound / Jun 14	72.14
Petrol/Litre / Jun 16	258.16

Gainers
Losers
Leaders

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

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

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

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