Trends - petroleum sales - Business Recorder

petroleum sales

OMC sales lackluster

All the hype around the rebound in petroleum consumption and oil sales has died down as April 2024 recorded the...

Published 08 May, 2024 06:35am

Markets

India raises windfall tax on petroleum crude to 3,200 rupees/tonne

NEW DELHI: India raised its windfall tax on petroleum crude to 3,200 rupees/ton from 1,700 rupees from Saturday...

Published 03 Feb, 2024 10:13am

Business & Finance

Jan POL products’ sales down 4.9pc to 1.38 MTs YoY

KARACHI: The sales of petroleum products in the country declined by 4.0 percent on year-on-year basis to 1.38 ...

Published 03 Feb, 2024 05:46am

Pakistan

Govt slashes petrol price by Rs8 per litre; keeps HSD unchanged

New petrol price will be Rs259.34 per litre

Published 15 Jan, 2024 11:40pm

BR Research

Petroleum imports 1HFY24

Unlike the previous years like FY22 when the petroleum imports were rising, FY23 was a year where the oil imports...

Published 15 Jan, 2024 07:47am

Dec petroleum products’ sales fall 7pc YoY

KARACHI: Total sales of petroleum products in the country declined by 7.0 percent on year-on-year basis to 1.24...

Updated 03 Jan, 2024 09:28am

Markets

POL sales down 7% YoY amid higher prices, economic slowdown

Sale of total petroleum products in Pakistan clocked in at 1.24 million tons in December, a decline of 7%...

Updated 02 Jan, 2024 07:09pm

BR Research

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 23	278.42
USD PKR Interbank Buying / May 23	278.22
USD to Japanese Yen / May 23	156.74
USD to Swiss Franc / May 23	0.91
Pound Sterling to USD / May 23	1.27
Euro to USD / May 23	1.08

Stock	Volume
S&P 500 / May 22	5307.01
Nasdaq / May 22	16801.54
Dow Jones / May 22	39671.04
India Sensex / May 23	74667.86
Tokyo Nikkei / May 23	39034.80
Hang Seng / May 23	18845.59
FTSE 100 / May 23	8373.47
Germany DAX 30 / May 23	18748.98

Item	Value
Crude Oil USD/Barrel / May 23	76.94
Karachi Cotton PKR/37.32 KG / May 23	19935
Gold 10 Grams PKR / May 23	207476
Gold Spot USD/Ounce / May 23	2362.37
Cotton US¢/pound / May 23	79
Petrol/Litre / May 24	273.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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