Trends - Petroleum prices - Business Recorder

Petroleum prices

Rising transportation costs fuelling inflation, says expert

KARACHI: In our country, the transportation cost is rising constantly and thus is unbearable. It has almost doubled...

Published 20 Mar, 2023 06:12am

Business & Finance

Economy under extreme pressure: analyst

KARACHI: The Pakistan economy is continuing under extreme pressure and the ease is missing. High jump of dollar,...

Published 05 Mar, 2023 03:36am

Business & Finance

Rs5 PL hike on HSD may not help govt achieve Rs31bn monthly target

ISLAMABAD: An increase of Rs5 per litre petroleum levy (PL) on high-speed diesel (HSD) may not help the government ...

Updated 17 Dec, 2022 10:04am

Pakistan

Russia to provide crude oil to Pakistan at discounted rates: Musadik Malik

State minister for petroleum says Russian government-level delegation will visit Pakistan in mid-January

Updated 05 Dec, 2022 06:29pm

Nov POL products’ sales down 12pc to 1.55m tons YoY

KARACHI: Total petroleum products’ sales clocked in at 1.55 million tons in November 2022, displaying a decline of...

Updated 03 Dec, 2022 09:57am

Delegation to visit Russia for talks on oil, says Dar

ISLAMABAD: A delegation led by State Minister for Petroleum Musadik Malik will fly to Russia to discuss an agreement...

Updated 28 Nov, 2022 09:39am

BR Research

Petroleum revenue: So far so good

As petroleum prices remained unchanged, many were quick to term it the “right” move. The same lot was losing...

Published 17 Oct, 2022 09:25am

BR Research

Petroleum prices: PL offers manoeuvring room

Dar was not a fan of increasing petroleum prices. At least not from the outside. At the first chance, he made sure...

Published 03 Oct, 2022 08:38am

Markets

Fixing petroleum prices: LHC summons Ogra officials, others on 13th

LAHORE: The Lahore High Court on Monday issued notices to Oil and Gas Regulatory Authority (OGRA) and others for...

Published 06 Sep, 2022 04:08am

BR Research

PL keeps petrol price high

Whether the three times former PM left the meeting midway this time or not, it is not out there yet, but the...

Published 02 Sep, 2022 08:35am

Markets

Supply chain may suffer as OMCs decrease oil uplift

ISLAMABAD: Local oil refineries have hinted that the oil marketing companies (OMCs) have started low uplifting the...

Published 19 Aug, 2022 07:49am

Miftah says takes ownership of ‘all’ difficult decisions

ISLAMABAD: Finance Minister Miftah Ismail Tuesday said he takes ownership of all the difficult decisions taken by...

Updated 17 Aug, 2022 09:34am

Petrol price raised by Rs6.72/liter

ISLAMABAD: The government has increased the price of motor spirit by Rs 6.72 per litre saying that in the wake of...

Updated 16 Aug, 2022 09:32am

Editorials

POL price challenge

EDITORIAL: The government is said to be mulling changing the pricing mechanism for petroleum products. The immediate...

Published 11 Aug, 2022 04:35am

Opinion

Petroleum prices: an analysis

From August 1, the GoP (government of Pakistan) has reduced gasoline’s price by Rs 3.05 to Rs 227.19/litre....

Published 08 Aug, 2022 05:41am

World

Syria more than doubles petrol prices: ministry

DAMASCUS: Syria’s internal commerce ministry has announced a petrol price hike of around 130 percent in the war-torn...

Published 07 Aug, 2022 04:17pm

Petroleum prices: Finance hints at making changes, adjustments on weekly basis

ISLAMABAD: The Finance Ministry has hinted at making changes/adjustment in petroleum prices on a weekly basis ...

Updated 05 Aug, 2022 12:01pm

Pakistan

Economy has slowed down due to political instability: report

ISLAMABAD: Economy dampens due to political instability and budget lags to revive business confidence, according to...

Published 28 Jul, 2022 04:41am

PM announces cut in fuel prices

Petrol price slashed to Rs230.24 per litre, diesel to Rs236 per litre

Updated 15 Jul, 2022 09:37am

15pc cut in oil prices recommended

Petroleum levy to stay unchanged at Rs10 per litre

Updated 14 Jul, 2022 10:43am

Pakistan

Shehbaz, Hamza offer Eid prayers at Jati Umra ‘PM will announce cut in POL prices soon’

LAHORE: Prime Minister Shehbaz Sharif and Punjab Chief Minister Hamza Shehbaz offered their Eid prayers at Jati Umra...

Published 13 Jul, 2022 05:48am

Pakistan

General elections will be held in October: Rashid

LAHORE: Awami Muslim League Pakistan (AMLP) President and former interior minister Sheikh Rashid said on Tuesday ...

Published 29 Jun, 2022 05:44am

PM explains why IMF ‘doesn’t trust’ Pakistan

Prime Minister Shehbaz Sharif says previous government had gone back on its agreement with the global lender

Updated 24 Jun, 2022 10:25am

Economic recovery: PM signals announcement of more tough decisions

ISLAMABAD: Prime Minister Shehbaz Sharif Tuesday stated that the coalition government would not hesitate to take...

Updated 22 Jun, 2022 10:00am

Pakistan

SU further reduces petrol limit of academics, officers

HYDERABAD: Amid rising inflation, the Sindh University authorities have adopted further austerity measures in a bid...

Published 15 Jun, 2022 06:58am

Opinion

PARTLY FACETIOUS: A gag order may work better

“The Boy Who Cried Wolf.” “That Boy fooled his village people three times right and then was eaten by the...

Published 09 Jun, 2022 06:18am

Editorials

A contractionary fiscal policy

EDITORIAL: Addressing a business conference three days before his scheduled budget speech in parliament, Finance...

Published 09 Jun, 2022 06:18am

Opinion

Oil prices – what to do? – I

Petroleum prices have been increased once again. New prices are: petrol Rs209.86 and High Speed Diesel (HSD)...

Updated 08 Jun, 2022 08:11pm

Pakistan

Increase in petroleum prices: LHC seeks replies from govt, Ogra

LAHORE: The Lahore High Court on Monday sought replies from the government, Oil and Gas Regulatory Authority (Ogra)...

Published 07 Jun, 2022 05:47am

Pakistan

Maryam hints at big relief packages from Gulf countries

LAHORE: Hinting at 2-3 big relief packages by the Gulf countries to steer country out of crises, PML-N ...

Published 07 Jun, 2022 05:47am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Mar 26 786 Investments Limited(786)	4.95 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Mar 26 Al-Abbas Sugar Mills Limited(AABS)	361.20 ▼ 0.00 (0.00%)
Agro Allianz / Mar 26 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Mar 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Mar 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Mar 26 Allied Bank Limited(ABL)	62.50 ▼ 0.00 (0.00%)
Abbott Lab. / Mar 26 Abbott Laboratories (Pakistan) Limited(ABOT)	398.28 ▼ 0.00 (0.00%)
Abson Ind. / Mar 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Mar 26 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▼ 0.00 (0.00%)
Attock Cement / Mar 26 Attock Cement Pakistan Limited(ACPL)	56.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Mar 26 786 Investments Limited(786)	4.95 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Mar 26 Al-Abbas Sugar Mills Limited(AABS)	361.20 ▲ 0.00 (0.00%)
Agro Allianz / Mar 26 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Mar 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Mar 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Mar 26 Allied Bank Limited(ABL)	62.50 ▲ 0.00 (0.00%)
Abbott Lab. / Mar 26 Abbott Laboratories (Pakistan) Limited(ABOT)	398.28 ▲ 0.00 (0.00%)
Abson Ind. / Mar 26 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Mar 26 Alfalah Consumer Index ETF.(ACIETF)	6.72 ▲ 0.00 (0.00%)
Attock Cement / Mar 26 Attock Cement Pakistan Limited(ACPL)	56.07 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Mar 26 Worldcall Telecom Limited(WTL)	4,011,170 ▲ 0.00
Telecard Limited / Mar 26 Telecard Limited(TELE)	3,877,000 ▲ 0.00
TPL Properties / Mar 26 TPL Properties Limited(TPLP)	1,839,174 ▲ 0.00
Pak Elektron / Mar 26 Pak Elektron Limited(PAEL)	1,788,500 ▲ 0.00
Fauji Cement / Mar 26 Fauji Cement Company Limited(FCCL)	1,517,500 ▲ 0.00
Ghani Glo Hol / Mar 26 Ghani Global Holdings Limited(GGL)	1,464,753 ▲ 0.00
TRG Pak Ltd / Mar 26 TRG Pakistan Limited(TRG)	1,323,297 ▲ 0.00
Cnergyico PK / Mar 26 Cnergyico PK Limited(CNERGY)	1,307,610 ▲ 0.00
Fauji Foods Ltd / Mar 26 Fauji Foods Limited(FFL)	1,204,138 ▲ 0.00
Hascol Petrol / Mar 26 Hascol Petroleum Limited(HASCOL)	1,161,000 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 22	285.50
USD PKR Interbank Buying / Mar 22	283.20
USD to Japanese Yen / Mar 24	130.73
USD to Swiss Franc / Mar 24	0.92
Pound Sterling to USD / Mar 24	1.22
Euro to USD / Mar 24	1.08
UK LIBOR % / Mar 22	4.56

Stock	Volume
S&P 500 / Mar 24	3970.99
India Sensex / Mar 24	57527.10
Tokyo Nikkei / Mar 24	27385.25
Nasdaq / Mar 24	11823.96
Hang Seng / Mar 24	19915.68
FTSE 100 / Mar 24	7405.45
Dow Jones / Mar 24	32237.53
Germany DAX 30 / Mar 24	14957.23
France CAC40 / Mar 24	7015.10

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 22	175068
Crude Oil USD/Barrel / Mar 24	69.26
Gold Spot USD/Ounce / Mar 24	1978.21
Cotton US¢/pound / Mar 24	76.54

Petroleum prices

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