Trends - petrol - Business Recorder

petrol

OGRA likely to reduce POL product prices

The oil and gas regulator computed the new rates based at 17 percent GST and PL rates notified on the POL for first half of April.

Published 15 Apr, 2021 12:43pm

Pakistan

UPaisa, Abacus enter into strategic partnership

KARACHI: UPaisa and Abacus entered into a strategic partnership for the launch of a mobile application which...

Published 15 Apr, 2021 03:22am

BR Research

Petroleum Levy: Dream on!

The pressures on petroleum tax revenues are getting more obvious by the day. The smooth sailing in 1HFY21 is what ...

Published 09 Apr, 2021 07:26am

POL products’ prices reduced

ISLAMABAD: The federal government Wedn-esday announced a decrease in the rates of petroleum products in the first...

Published 01 Apr, 2021 04:10am

Pakistan

Efforts underway to rescue six Pakistanis stranded in Red Sea

ISLAMABAD: The Foreign Office said on Monday that every possible efforts are being made to rescue the six Pakistani...

Published 23 Mar, 2021 04:37am

BR Research

PL takes another hammering

The base price for petrol for the fortnight starting March 16, 2021, was Rs74 per liter. It was Rs10/ltr lower for...

Published 17 Mar, 2021 07:35am

Markets

India's diesel sales rise 7.4% in early March

Petrol sales rose 5.3% from a year earlier to 1.05 million tonnes, the data showed.

Published 16 Mar, 2021 12:09pm

SKO, LDO prices increased

ISLAMABAD: Federal government has announced increase in the prices of Superior Kerosene Oil (SKO) and Light Diesel...

Updated 16 Mar, 2021 09:33am

Pakistan

Pakistan tops in providing low-priced petroleum products among regional countries

The present petroleum rates in Pakistan are lowest in comparison to the regional countries including Sri Lanka, Nepal, Bangladesh and India.

Published 04 Mar, 2021 07:14pm

BR Research

The PL challenge gets tougher

As movement restrictions ease, the petroleum sales seem to have lost some steam, that was evident in the first six...

Published 04 Mar, 2021 07:30am

BR Research

Double digit growth in petroleum

Petroleum consumption is picking up again. The 8-month volumes sold by the oil marketing companies have been higher...

Published 03 Mar, 2021 07:30am

Markets

Dharejo concerned over increase in price of petroleum products

KARACHI: Provincial Minister for Industries & Commerce and Anti-Corruption & Cooperative Department Jam...

Published 28 Feb, 2021 04:55am

Markets

PPL earns Rs11.886bn profit after tax during Q2 of FY20-21

KARACHI: Pakistan Petroleum Limited (PPL) profit after tax has increased by 15 percent to Rs11.886 billion during ...

Published 27 Feb, 2021 04:29am

World

Moscow goes green: Russian capital eyes fully electric bus fleet by 2030

"Every year the plan will be to replace all wheeled public transport vehicles with electric buses," said Artyom Burlakov, deputy head of the innovative projects department at Mosgortrans.
They are also buying new, more power-efficient trams, which is a good thing.

Published 19 Feb, 2021 07:13pm

BR Research

PSO – Inventory gains driving profits

The oil marketing sector had a tough FY20 where not only the volumetric sales suffered due to restrictions imposed ...

Published 19 Feb, 2021 07:40am

BR Research

Petroleum taxes: Honeymoon over?

The half year fiscal numbers are out, and the Petroleum Levy (PL) tops the table with the highest year-on-year...

Published 10 Feb, 2021 07:40am

SPI up 0.53pc WoW

ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended February 4, 2021 recorded an increase of 0.53...

Published 06 Feb, 2021 04:06am

BR Research

Black oil back

The power generation mix has been made to shift away from furnace oil as coal and RLNG sources were added to the mix...

Published 04 Feb, 2021 07:25am

BR Research

Petrol prices: The new headache

It is that time of the year again. Petrol bomb is all over the news. People have apparently been hit by the bomb for...

Published 02 Feb, 2021 07:30am

POL products’ prices increased

ISLAMABAD: Federal government on Sunday announced to increase the prices of petroleum products up to 4,6 percent,...

Updated 01 Feb, 2021 09:09am

POL products’ prices likely to go up from Feb 1

ISLAMABAD: The prices of petroleum products in Pakistan are likely to go up from February 1, 2021 in fortnightly...

Published 30 Jan, 2021 03:55am

BR Research

APL in 1HFY21

Attock Petroleum Limited (PSX: APL) saw its earnings plummet in FY20 to levels not seen in at least a decade due to...

Published 29 Jan, 2021 07:40am

BR Research

POL- from slow to slower

Where many sectors may witness recovery in profits in 2QFY21 (Oct-Dec 2020) as the economic activity rebounded and...

Published 28 Jan, 2021 07:35am

Editorials

Food inflation

EDITORIAL: Pakistan Bureau of Statistics (PBS) sensitive price index (SPI) for the week ending 14 January 2021,...

Published 26 Jan, 2021 05:05am

Pakistan

WAPDA units’ privatisation to be a security risk: Rabbani

KARACHI: Senator Raza Rabbani, former Chairman of the Senate has said that privatization of the WAPDA’s...

Published 24 Jan, 2021 03:32am

Pakistan

Passing oil prices impact unavoidable to avert further debt burden: PM

He said the devaluation of rupee impacted the prices of petroleum products, pulses, ghee and other imported items raising the inflation rate.

Published 22 Jan, 2021 11:49pm

BR Research

Oil rises – PL goes down

Brent crossed $56/bbl the other day, registering an 11-month high. More and more signs now tell oil prices may stage...

Published 21 Jan, 2021 07:25am

Pakistan

Opposition parties reject increase in fuel prices

PESHAWAR: Opposition parties have rejected the increase in price of petroleum products and urged the government to...

Published 18 Jan, 2021 04:10am

Pakistan

Illegal petrol pumps sealed in Hyderabad

HYDERABAD: The Collector Customs Hyderabad has claimed that some 105 illegally operating petrol pumps in several...

Published 18 Jan, 2021 04:10am

Business & Finance

Electric cars rise to record 54pc market share in Norway in 2020

So-called battery electric vehicles (BEV) made up 54.3% of all new cars sold in the Nordic country in 2020.
The policy has turned the country's car market into a laboratory for automakers seeking a path to a future without internal combustion engines.

Published 05 Jan, 2021 05:34pm

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	156.17
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 25	5048.42
Nasdaq / Apr 25	15611.76
Dow Jones / Apr 25	38085.80
India Sensex / Apr 26	74171.68
Tokyo Nikkei / Apr 26	37934.72
Hang Seng / Apr 26	17626.75
FTSE 100 / Apr 26	8123.98
Germany DAX 30 / Apr 26	18016.27

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 25	20535
Gold 10 Grams PKR / Apr 25	240900
Petrol/Litre / Apr 26	293.94
Crude Oil USD/Barrel / Apr 26	83.89
Gold Spot USD/Ounce / Apr 26	2336.33
Diesel/Litre / Apr 26	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 26 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 26 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 26 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 26 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 26 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 26 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 26 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 26 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 26 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 26 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 26 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 26 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 26 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 26 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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