Topic

PDVSA

Oil prices jump 5pc as Iran warns to attack ME energy facilities

Published 19 Mar, 2026 06:08am

NEW YORK: Oil prices rose more than 5 percent on Wednesday after Iran’s Revolutionary Guards threatened to attack...

US allows oil majors to resume Venezuela operations

Published 14 Feb, 2026 02:23am

WASHINGTON: The US eased sanctions on Venezuela’s energy sector on Friday, issuing two general licenses that allow...

Trump says no more Venezuelan oil, money to go to Cuba

Published 12 Jan, 2026 04:59am

BENGALURU: US President Donald Trump on Sunday said no more Venezuelan oil or money will go to Cuba and suggested ...

Trump’s oil push widens with seizure of Russian-flagged tanker linked to Venezuela

Updated 08 Jan, 2026 12:17pm

Oil prices fall on anticipated supply increase

Venezuela’s interim govt says it remains united behind Maduro

Published 05 Jan, 2026 05:46am

NEW YORK: A top Venezuelan official declared on Sunday that the country’s government would stay unified behind...

Residual fuel fills Venezuela’s storage tanks as exports cut to minimum, sources say

Updated 01 Jan, 2026 11:16am

US blockade has reduced residual fuel exports

Venezuela resorts to floating storage as onshore storage tanks fill up

Published 24 Dec, 2025 08:28am

CARACAS: Venezuela’s state-run oil company PDVSA has started filling up tankers with crude and fuel oil it has in...

US seizes vessel off Venezuelan coast, officials say

Updated 21 Dec, 2025 11:31am

Noem confirmed the Coast Guard seized a tanker that was last docked in Venezuela

Venezuela says oil exports continue normally despite Trump ‘blockade’

Published 18 Dec, 2025 07:26am

CARACAS: Venezuela struck a defiant note Wednesday, insisting that crude oil exports were not impacted by US...

Over 30 sanctioned ships in Venezuela at risk after US tanker seizure

Published 11 Dec, 2025 10:44am

The seized supertanker, identified by a risk management group as the Skipper, is part of a "shadow fleet" of ships that carry sanctioned oil to their largest destinations

Citgo may face new upheaval under Venezuela’s political changes

Published 01 Jan, 2023 03:14am

Oil refiner Citgo Petroleum could face supervisory board shakeups leading to a review of its plans following...

Venezuela’s oil exports in Sept boosted by sales to China, swaps with Iran

Published 05 Oct, 2022 07:01am

HOUSTON: More shipments to Asia through intermediaries and growing cargo swaps with Iran drove Venezuela’s oil...

US extends protection of Venezuelan oil unit Citgo

Published 21 Jan, 2022 09:29am

WASHINGTON: The US Treasury on Thursday extended by one year a rule that shields Citgo, a US-based unit of...

Venezuela: the decline of an oil giant in crisis

Published 15 Jan, 2022 05:50am

Leaks, rusted pipes, pieces of broken equipment scattered about and staircases leading nowhere: Lake Maracaibo’s...

Venezuela to increase subsidized gasoline price

Published 24 Oct, 2021 05:14am

CARACAS: Venezuela hiked the price of its subsidized gasoline for vehicles and motor bikes, Venezuelan state oil ...

Under US sanctions, Iran and Venezuela strike oil export deal

Updated 25 Sep, 2021 05:01pm

CARACAS/HOUSTON/WASHINGTON: Venezuela has agreed to a key contract to swap its heavy oil for Iranian condensate that...

Venezuelan government, opposition agree on some key points during Mexico talks

Published 07 Sep, 2021 10:04am

The talks come after a more-than two-year push to oust socialist President Nicolas Maduro

Biden reaffirms support for Venezuela opposition leader

Published 06 Jul, 2021 10:08am

The letter was sent on the occasion of the anniversary of Venezuela's independence, on July 5, 1811

In January, two former Baer CEOs -- Chief Executive Boris Collardi, now a partner at Geneva wealth manager Pictet, and his successor Bernhard Hodler -- were reprimanded by FINMA for money laundering-related failings involving Venezuelan oil company PDVSA and corruption at FIFA.

Citgo Petroleum director Luisa Palacios to leave board at month's end

Published 19 Mar, 2021 09:07pm

Palacios, who joined the company in February, 2019, when it created a board independent of Venezuelan state oil firm PDVSA, stepped down as chairperson last October.
Luisa has provided vital service to our company and has made enormous contributions during a pivotal time in the history of Citgo.

Blinken talks with Guaido about 'pressure' against Maduro

Published 03 Mar, 2021 11:13am

Control of the legislative body has since been won by Maduro's forces in December 2020 elections internationally considered rigged.

Venezuela jails officials for giving US oil data

Published 07 Feb, 2021 04:07am

CARACAS: Venezuela jailed two officials from the state oil company PDVSA for five years for providing the US with...

Venezuela's PDVSA halts operations at 310,000 bpd Cardon refinery

Published 26 Jan, 2021 08:00pm

Two of the people said the crude supply shortage arose due to problems at a pipeline supplying crude to the plant.
Workers as of Monday were attempting to restart one of the distillation units, three of the people said.

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 20	162.36
USD to Swiss Franc / Jul 20	0.81
Pound Sterling to USD / Jul 20	1.35
Euro to USD / Jul 20	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Nasdaq / Jul 17	25,520.24
Dow Jones / Jul 17	52,146.42
Tokyo Nikkei / Jul 20	77,672.21
Hang Seng / Jul 20	25,069.85
FTSE 100 / Jul 20	10,562.80
Germany DAX 30 / Jul 20	24,913.94
France CAC40 / Jul 20	8,361.60

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Petrol/Litre / Jul 20	316.15
Crude Oil USD/Barrel / Jul 20	84.29
Gold Spot USD/Ounce / Jul 20	4,011.10
Diesel/Litre / Jul 20	354.35
Cotton US¢/pound / Jul 20	79.24

Gainers
Losers
Leaders

Stock	Price
Asia Ins. / Jul 20 Asia Insurance Company Limited(ASIC)	37.90 ▲ 3.45 (10.01%)
TPL Insurance / Jul 20 TPL Insurance Limited(TPLI)	64.08 ▲ 5.83 (10.01%)
Ahmad Hassan / Jul 20 Ahmad Hassan Textile Mills Limited(AHTM)	100.21 ▲ 9.11 (10%)
Baba Farid Sugar / Jul 20 Baba Farid Sugar Mills Limited(BAFS)	460.42 ▲ 41.86 (10%)
Crescent Cotton / Jul 20 Crescent Cotton Mills Limited(CCM)	59.05 ▲ 5.37 (10%)
National Silk / Jul 20 The National Silk & Rayon Mills Limited(NSRM)	299.43 ▲ 27.22 (10%)
Olympia Mills / Jul 20 Olympia Mills Limited(OML)	118.34 ▲ 10.76 (10%)
Pak Refinery / Jul 20 Pakistan Refinery Limited(PRL)	49.05 ▲ 4.46 (10%)
Husein Industries / Jul 20 Husein Industries Limited(HUSI)	55 ▲ 5 (10%)
Leather Up Ltd. / Jul 20 Leather Up Limited(LEUL)	45.98 ▲ 4.18 (10%)

Stock	Price
Khairpur Sug. / Jul 20 Khairpur Sugar Mills Limited(KPUS)	1,684.32 ▼ -187.15 (-10%)
Service Textile / Jul 20 Service Industries Textiles Limited(SERT)	56.04 ▼ -6.23 (-10%)
S.G.Power / Jul 20 S.G. Power Limited(SGPL)	87.83 ▼ -9.76 (-10%)
Maqbool Textile / Jul 20 Maqbool Textile Mills Limited(MQTM)	33.43 ▼ -3.71 (-9.99%)
Ideal Dynamics / Jul 20 Ideal Dynamics Limited(IDEAL)	49.50 ▼ -5.25 (-9.59%)
Fateh Sports / Jul 20 Fateh Sports Wear Limited(FSWL)	136.39 ▼ -13.9 (-9.25%)
Buxly Paints / Jul 20 Buxly Paints Limited(BUXL)	173.04 ▼ -16.9 (-8.9%)
ARM Green Industries / Jul 20 ARM Green Industries Limited(ARMG)	64.63 ▼ -6.07 (-8.59%)
Elahi Cotton / Jul 20 Elahi Cotton Mills Limited(ELCM)	216.01 ▼ -20.08 (-8.51%)
Metro Steel / Jul 20 Metropolitan Steel Corporation Limited(MSCL)	22.03 ▼ -2.02 (-8.4%)

Stock	Volume
Cnergyico PK / Jul 20 Cnergyico PK Limited(CNERGY)	166,059,814 ▲ 0.8
Pak Refinery / Jul 20 Pakistan Refinery Limited(PRL)	49,159,104 ▲ 4.46
TPL Properties / Jul 20 TPL Properties Limited(TPLP)	38,436,785 ▲ 0.41
Trust Sec.& Brok. / Jul 20 Trust Securities & Brokerage Limited(TSBL)	36,283,729 ▲ 0.15
K-Electric Ltd. / Jul 20 K-Electric Limited(KEL)	27,615,297 ▼ -0.07
Lotte Chemical / Jul 20 Lotte Chemical Pakistan Limited(LOTCHEM)	17,575,908 ▲ 0.54
WorldCall Telecom / Jul 20 Worldcall Telecom Limited(WTL)	15,089,114 ▲ 0
B.O.Punjab / Jul 20 The Bank of Punjab(BOP)	14,202,726 ▲ 0.01
Maple Leaf Cement / Jul 20 Maple Leaf Cement Factory Limited(MLCF)	13,521,739 ▲ 0.86
F. Nat.Equities / Jul 20 First National Equities Limited(FNEL)	13,125,536 ▲ 0.01

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