Trends - petroleum sales - Business Recorder

petroleum sales

Petroleum sales and some recovery?

Monthly petroleum sales in the country have been weakening due economic slowdown, rising inflation, and depreciating...

Published 03 Nov, 2023 08:42am

BR Research

OMCs – weak monthly volumes

The oil marketing segment has been hit hard by weaker volumes amid escalating prices, shrinking margins, weaker...

Published 17 Oct, 2023 08:54am

BR Research

Diesel: Low(est) demand or high(est) smuggling?

September 2023 petroleum sales numbers were a rude awakening – laying bare so many things simultaneously. From the...

Published 10 Oct, 2023 09:05am

Markets

Aug petroleum sales decline 8pc to 1.41m of tons YoY

KARACHI: The total sales of petroleum products in the country clocked-in at 1.41 million of tons in August 2023,...

Published 04 Sep, 2023 06:21am

BR Research

PSO in FY23

Pakistan State Oil Company Limited (PSX: PSO) announced its financial performance for FY23 yesterday with an...

Published 24 Aug, 2023 08:49am

Pakistan

Ishaq Dar notifies Rs9 per litre reduction in petrol price

Petrol to be priced at Rs253, diesel's rate sees cut of Rs7 to stand at Rs253.5 per litre

Published 15 Jul, 2023 10:43pm

BR Research

FY23 - drab for oil consumption

Oil consumption in the country has shrunk to its minimum since FY07 to only 16.6 million tons during the year...

Updated 06 Jul, 2023 10:19am

Markets

Component-wise breakdown of petrol price in Pakistan

Decrease in rate due to decline in ex-refinery price

Published 16 May, 2023 07:16pm

BR Research

Petroleum sales – dull and dreary

Petroleum consumption in the country has been shrinking with petroleum product sales depicting a massive decline of...

Updated 05 May, 2023 10:11am

BR Research

PSO – inventory losses diminish earnings

While the oil marketing companies had seen robust sales of petroleum products in most of FY22, the petroleum sales...

Published 20 Feb, 2023 09:09am

Markets

OMCs take a hit as petroleum sales drop in Pakistan

Sales of oil marketing companies (OMCs) took a hit after Pakistan’s petroleum products bore the brunt of economic...

Updated 02 Dec, 2022 05:20pm

BR Research

Petroleum: consumption fizzling out

After a sharp decline in July-22 and the start of FY23, petroleum sales in the country witnessed another month of...

Published 05 Sep, 2022 08:44am

BR Research

Floods 2022 - initial economic assessment

Floods in 2022 are sending havoc in the country. It's a significant humanitarian loss, and it's not appropriate to...

Published 29 Aug, 2022 08:39am

Markets

Oil sales decline 11% in June as high prices dent demand

A further slowdown in diesel and petrol sales is expected as the government has decided to impose PDL and sales tax

Updated 02 Jul, 2022 07:33pm

BR Research

Fuel pricing: stop wasting time

The question is why the successive governments are too fixated on the petroleum prices. The question is why this has...

Published 27 May, 2022 08:20am

Markets

Petroleum sales grow 30pc YoY, 19pc MoM

KARACHI: Total petroleum sales reached 2.18 million tons in April 2022, registering an increase of 30 percent on...

Published 10 May, 2022 06:20am

BR Research

Petrol in peril

The government has reduced the petroleum (petrol and diesel) prices by Rs10/liter to ease the pressure of inflation...

Published 07 Mar, 2022 05:52am

BR Research

Petroleum sales keeping up

After a robust January 2022, February was a tad bit slower for the petroleum consumption in the country. The oil...

Published 04 Mar, 2022 08:19am

BR Research

Petroleum sales upbeat

After the seven months of the current fiscal year – 7MFY22, the petroleum consumption in the country is up as seen...

Published 03 Feb, 2022 07:43am

BR Research

Petroleum demand in provinces

There are two ways to look at growing petroleum sales in Pakistan. The rising consumption of petroleum products...

Published 24 Dec, 2021 07:58am

BR Research

Petroleum sales: the hustle continues

As the world comes out from the depths of weaker energy consumption due to the pandemic in 2020, the rebound in...

Published 06 Oct, 2021 07:30am

BR Research

Petrol: Relief continues

In an environment where deputy commissioners will be controlling prices of essential and non-essential items,...

Published 03 Sep, 2021 07:25am

BR Research

Petrol demand growing ‘naturally’

If crude oil was not enough, currency depreciation will now be another headache come petroleum pricing decision time...

Published 05 Aug, 2021 08:51am

BR Research

All time high petroleum sales

Petrol sales have been on an upward trajectory and have continuously crossed record levels in the last two months....

Published 04 Aug, 2021 08:42am

BR Research

Demand picks up after austerity

Growth in the petroleum industry – indicated by growth in volumetric sales - by the oil marketing companies turned...

Published 08 Jul, 2021 08:23am

BR Research

Petroleum sales – another upbeat month

While May 2021 has been relatively slower than the previous month in terms of economic activity due to long...

Published 03 Jun, 2021 07:40am

BR Research

OMC sales buoyed

Petroleum sales in the country for March 2021 were seen climbing by 44 percent year-on-year with furnace oil volumes...

Published 05 Apr, 2021 07:40am

BR Research

Petroleum price narrative: Build it, don’t push it

First things first. Understanding of petroleum pricing in the Pakistani mass media at large is amateurish at best. ...

Published 26 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

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Nov 28 Kohinoor Power Company Limited(KOHP)	4.88 ▲ 1.00 (25.77%)
Saritow Spinning / Nov 28 Saritow Spinning Mills Limited(SSML)	6.90 ▲ 0.90 (15.00%)
Hira Textile / Nov 28 Hira Textile Mills Limited(HIRAT)	2.25 ▲ 0.29 (14.80%)
Service Textile / Nov 28 Service Industries Textiles Limited(SERT)	10.11 ▲ 1.00 (10.98%)
Shaheen Ins. / Nov 28 Shaheen Insurance Company Limited(SHNI)	3.74 ▲ 0.29 (8.41%)
Chakwal Spinning / Nov 28 Chakwal Spinning Mills Limited(CWSM)	2.20 ▲ 0.17 (8.37%)
Premier Insurance / Nov 28 Premier Insurance Limited(PINL)	7.90 ▲ 0.58 (7.92%)
Saif Textile / Nov 28 Saif Textile Mills Limited(SAIF)	12.40 ▲ 0.88 (7.64%)
Calcorp / Nov 28 Calcorp Limited(CASH)	19.91 ▲ 1.39 (7.51%)
Prosperity Weav / Nov 28 Prosperity Weaving Mills Limited(PRWM)	30.64 ▲ 2.14 (7.51%)

Stock	Price
Samba Bank / Nov 28 Samba Bank Limited(SBL)	7.85 ▼ -0.66 (-7.76%)
Metro Steel / Nov 28 Metropolitan Steel Corporation Limited(MSCL)	24.97 ▼ -2.02 (-7.48%)
Bank of Khyber / Nov 28 The Bank of Khyber(BOK)	11 ▼ -0.80 (-6.78%)
Ask.Gen.Insur. / Nov 28 Askari General Insurance Company Limited(AGIC)	17.71 ▼ -1.18 (-6.25%)
Kohat Textile / Nov 28 Kohat Textile Mills Limited(KOHTM)	20.51 ▼ -1.33 (-6.09%)
Indus Dyeing / Nov 28 Indus Dyeing & Manufacturing Co. Limited(IDYM)	157 ▼ -9.65 (-5.79%)
Sana Ind / Nov 28 Sana Industries Limited(SNAI)	26.16 ▼ -1.59 (-5.73%)
Punjab Mod / Nov 28 First Punjab Modaraba(FPJM)	1.60 ▼ -0.09 (-5.33%)
HBL Growth Fund / Nov 28 HBL Growth Fund(HGFA)	8.33 ▼ -0.46 (-5.23%)
Next Capital / Nov 28 Next Capital Limited(NEXT)	5.50 ▼ -0.30 (-5.17%)

Stock	Volume
Kohinoor Spining / Nov 28 Kohinoor Spinning Mills Limited(KOSM)	109,392,000 ▲ 0.09
WorldCall Telecom / Nov 28 Worldcall Telecom Limited(WTL)	43,313,979 ▲ 0.06
Treet Corp. (R) / Nov 28 Treet Corporation Limited (R)(TREETR2)	23,551,657 ▼ -0.15
Yousuf Weaving / Nov 28 Yousaf Weaving Mills Limited(YOUW)	22,758,500 ▼ -0.14
Maple Leaf Cement / Nov 28 Maple Leaf Cement Factory Limited(MLCF)	17,865,589 ▼ -0.07
D.G.K.Cement / Nov 28 D.G. Khan Cement Company Limited(DGKC)	15,655,201 ▲ 1.67
Agritech Limited / Nov 28 Agritech Limited(AGL)	15,233,500 ▲ 0.59
Pak Elektron / Nov 28 Pak Elektron Limited(PAEL)	14,205,993 ▼ -0.06
P.I.A.C.(A) / Nov 28 Pakistan International Airlines Corp(PIAA)	13,108,000 ▼ -0.15
B.O.Punjab / Nov 28 The Bank of Punjab(BOP)	13,103,901 ▲ 0.04

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 28	285.85
USD PKR Interbank Buying / Nov 28	285.35
USD to Japanese Yen / Nov 28	148.25
USD to Swiss Franc / Nov 28	0.88
Pound Sterling to USD / Nov 28	1.26
Euro to USD / Nov 28	1.10
UK LIBOR % / Nov 27	5.46

Stock	Volume
S&P 500 / Nov 27	4550.43
Nasdaq / Nov 27	14241.02
Dow Jones / Nov 27	35333.47
India Sensex / Nov 28	65983.73
Tokyo Nikkei / Nov 28	33370.40
Hang Seng / Nov 28	17485.79
FTSE 100 / Nov 28	7442.27
Germany DAX 30 / Nov 28	15941.55
France CAC40 / Nov 28	7237.40

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 27	17735
Gold 10 Grams PKR / Nov 27	185614
Crude Oil USD/Barrel / Nov 28	74.99
Gold Spot USD/Ounce / Nov 28	2015.58
Cotton US¢/pound / Nov 28	79.06

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