Trends - petroleum products - Business Recorder

petroleum products

POL products’ prices remain unchanged

ISLAMABAD: Federal government on Friday announced to keep the prices of petroleum products unchanged for first half...

Published 01 May, 2021 03:28am

Business & Finance

Riding on new policy Pakistan’s refining capacity to register significant growth

The expectation comes on the back of a new oil refinery policy, which is under works and offers incentives for existing up-gradation projects and new refineries as well.

Published 30 Apr, 2021 11:53am

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

POL products’ prices slashed

ISLAMABAD: The federal government has announced, on Thursday, a reduction in ex-depot prices of petroleum products...

Published 16 Apr, 2021 03:40am

Feb LSMI output down 4.15pc MoM

ISLAMABAD: The overall output of the Large Scale Manufacturing Industries (LSMI) decreased by 4.15 percent in...

Updated 14 Apr, 2021 10:11am

Business & Finance

Business community slams govt for frequent hike in power tariff

PESHAWAR: Business community here on Friday criticised the government for its decision to increase the power tariff...

Published 10 Apr, 2021 04:34am

BR Research

Petrol prices: Relief mode on?

Inflation concerns in Islamabad are getting more and more obvious by the day. Petroleum prices were reduced for the...

Published 02 Apr, 2021 07:30am

World

Saudi reports fire at oil terminal as Huthis escalate attacks

The Huthis also attempted to target universities in Najran and Jizan, southern cities close to the Yemeni border, the coalition said.

Published 26 Mar, 2021 10:34am

Pakistan

OGRA recommends increase in price of petrol, diesel

Keeping in view the levy recommended by OGRA it is expected that price of petrol can be increased by Rs5.50 per litre while the price of diesel can be hiked by Rs6
The final decision on increase in prices will be taken by the prime minister

Published 14 Mar, 2021 02:09pm

6.8pc hike in margins of OMCs, dealers proposed

ISLAMABAD: Ministry of Energy (Petroleum Division) has proposed an increase of 6.8 percent in margins of Oil...

Updated 10 Mar, 2021 09:48am

Pakistan

Provision of essential items at fair prices govt's top priority: PM

The participants of the meeting were told about the strategy to meet the wheat demand and on ways to keep control on the prices of wheat and flour.

Published 08 Mar, 2021 11:24pm

World

N Korea’s petroleum imports breached sanctions cap

SEOUL: North Korea illicitly imported far more refined petroleum products last year than allowed under an annual...

Updated 07 Mar, 2021 05:20pm

Sales of vehicles: IMC CEO for adopting wholesale-retail mechanism

ISLAMABAD: Chief executive officer (CEO) of Indus Motors Limited Ali Asghar Jamali has urged the government to adopt...

Published 06 Mar, 2021 05:01am

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

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

Business & Finance

Saudi Arabia plans to set up $10 billion oil refinery in Gwadar by year-end

The proposed mega oil city will be developed on 88,000 acres of land to refine and process petroleum products mainly imported from the Gulf region, for local and regional consumption
Petroleum minister says with setting up of an oil refinery in Gwadar, Saudi Arabia will become an important partner in CPEC

Published 22 Feb, 2021 03:30pm

Remaining 40pc PL target to be met by June-end: officials

ISLAMABAD: The government will meet the remaining 40 percent of the Rs 450 billion budgeted petroleum levy (PL)...

Published 17 Feb, 2021 04:24am

Pakistan

Sindh Government criticizes Ogra for hike in petrol prices

Wahab further said that the incompetent government is making the lives of the people miserable by increasing the prices day by day.

Published 14 Feb, 2021 06:33pm

Prices of POL products likely to surge

ISLAMABAD: The prices of POL products are likely to be increased in the second half of February due to significant...

Published 14 Feb, 2021 03:49am

Pakistan

Increase in fuel prices challenged in LHC

The Judicial Activism Panel moved the petition, requesting the court to declare the government’s move to jack up fuel prices as illegal
The petition states that more burden has been put on a common man who is already reeling from rising inflation

Published 01 Feb, 2021 12:43pm

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

Markets

Iran's oil exports rise 'significantly' despite sanctions, minister says

Minister does not give figures to rise in crude exports.
Tough US sanctions impose by Trump in 2018.
Tehran urges Biden to rejoin nuclear deal, end sanctions.
Biden officials say no quick decision on nuclear pact.

Published 22 Jan, 2021 05:09pm

Gainers
Losers
Leaders

Stock	Price
Pak Gen. Ins. / May 7 The Pakistan General Insurance Co. Ltd.(PKGI)	3.50 ▲ 0.49 (16.28%)
United Ins. / May 7 The United Insurance Company(UNIC)	7.87 ▲ 1.00 (14.56%)
Sakrand Sugar / May 7 Sakrand Sugar Mills Limited(SKRS)	7.90 ▲ 1.00 (14.49%)
Jubilee Sp. / May 7 Jubille Spinning & Weaving Mills Limited(JUBS)	4.15 ▲ 0.44 (11.86%)
First Pak Modaraba / May 7 First Pak Modaraba(PAKMI)	2.39 ▲ 0.24 (11.16%)
PICIC Insurance / May 7 PICIC Insurance Limited(PIL)	1.38 ▲ 0.13 (10.40%)
Chakwal Spinng / May 7 Chakwal Spinning Mills Limited(CWSM)	1.97 ▲ 0.17 (9.44%)
First Fid. Leas. / May 7 First Fidelity Leasing Modaraba(FFLM)	3.25 ▲ 0.25 (8.33%)
Buxly / May 7 Buxly Paints Limited(BUXL)	49.45 ▲ 3.45 (7.50%)
Crescent Fib. / May 7 Crescent Fibres Limited(CFL)	54.34 ▲ 3.79 (7.50%)

Stock	Price
First Elite Cap. Mod. / May 7 First Elite Capital Modaraba(FECM)	3.13 ▲ -0.26 (-7.67%)
Bal. Wheel / May 7 Baluchistan Wheels Limited(BWHL)	78.35 ▲ -6.35 (-7.50%)
Gatron Ind. / May 7 Gatron (Industries) Limited(GATI)	498.58 ▲ -40.42 (-7.50%)
Ideal Sp. / May 7 Ideal Spinning Mills Limited(IDSM)	30.33 ▲ -2.45 (-7.47%)
Idrees Tex. / May 7 Idrees Textile Mills Limited(IDRT)	17.52 ▲ -1.41 (-7.45%)
IbrahimFibres / May 7 Ibrahim Fibres Limited(IBFL)	165.30 ▲ -12.70 (-7.13%)
Habib Metro Mod / May 7 Habib Metro Modaraba(HMM)	5.61 ▲ -0.43 (-7.12%)
Kohat Tex. / May 7 Kohat Textile Mills Limited(KOHTM)	15.52 ▲ -1.18 (-7.07%)
Mirpurkhas Sugar / May 7 Mirpurkhas Sugar Mills Limited(MIRKS)	93.00 ▲ -6.99 (-6.99%)
Pak. P.V.C. / May 7 Pakistan PVC Limited(PPVC)	4.50 ▲ -0.33 (-6.83%)

Stock	Volume
Worldcall / May 7 Worldcall Telecom Limited(WTL)	80,166,000 ▼ 0.00
TRG Pakistan / May 7 TRG Pakistan Limited(TRG)	14,358,170 ▼ 0.00
Telecard Ltd. / May 7 Telecard Limited(TELE)	12,662,000 ▼ 0.00
Unity Foods / May 7 Unity Foods Limited(UNITY)	10,917,761 ▼ 0.00
Ghani Global Hold. / May 7 Ghani Global Holdings Limited(GGL)	10,567,000 ▼ 0.00
Hum Network / May 7 Hum Network Limited(HUMNL)	9,603,500 ▼ 0.00
Aisha Steel / May 7 Aisha Steel Mills Limited(ASL)	7,338,000 ▼ 0.00
Waves Singer (R) / May 7 Waves Singer Pakistan Limited (R)(WAVESR1)	6,701,000 ▼ 0.00
Kot Addu / May 7 Kot Addu Power Company Limited(KAPCO)	6,266,500 ▼ 0.00
Dost Steel / May 7 Dost Steels Limited(DSL)	3,060,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 5	153.10
USD PKR Interbank Buying / May 5	153.00
USD to Japanese Yen / May 5	109.20
USD to Swiss Franc / May 5	0.91
Pound Sterling to USD / May 5	1.39
Euro to USD / May 5	1.20
UK LIBOR % / May 5	0.06

Stock	Volume
S&P 500 / May 5	4167.59
India Sensex / May 5	48677.55
Tokyo Nikkei / May 5	28812.63
Nasdaq / May 5	13582.43
Hang Seng / May 5	28417.98
FTSE 100 / May 5	7039.30
Dow Jones / May 5	34230.34
Germany DAX 30 / May 5	15170.78
France CAC40 / May 5	6339.47