Trends - petroleum - Business Recorder

petroleum

Petroleum consumption ebbing

The downward streak in petroleum consumption continues as January 2023 sales by the oil marketing companies fall by...

Published 03 Feb, 2023 09:30am

Markets

PD seeks extension in D&PL for Hala Block

ISLAMABAD: Petroleum Division has sought extension in Adam X-1 Development and Production lease (D&PL) for Hala...

Published 25 Jan, 2023 06:25am

Business & Finance

Petroleum group imports show negative growth

ISLAMABAD: Petroleum group imports witnessed a negative growth of 8.80 percent during the first half (July-December)...

Published 20 Jan, 2023 06:10am

Fuel prices kept unchanged amid speculation

Government adjusts rates of petroleum levy (PL) with effect from today

Updated 16 Jan, 2023 09:40am

Business & Finance

No change in prices of petroleum products: Ishaq Dar

Price of petrol will remain at Rs214.80 and diesel will remain at Rs227.80

Published 15 Jan, 2023 03:54pm

Markets

Petroleum products: sales down 11% year-on-year to 1.33mn tons in December

Sales of total petroleum products clocked in at 1.33 million tons in December 2022, a decline of over 11% on a...

Published 03 Jan, 2023 03:37pm

Markets

Low pressure issue: Petroleum secy, SNGPL asked to solve problem

ISLAMABAD: On the directions of Minister of State Dr Musadik Malik, the secretary petroleum is spearheading...

Published 23 Dec, 2022 05:54am

BR Research

Petroleum spending hits record high

Petroleum consumption (gasoline and HSD) in the fiscal year to date has come down 19 percent year-on-year. Petrol...

Published 08 Dec, 2022 08:11am

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

Pakistan

LHC seeks reply from Ogra in response to plea against oil price hike

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

Published 23 Jun, 2022 06:05am

Business & Finance

Post-budget press conference: Fiscal tightening on the cards

Miftah Ismail says energy sector’s woes have deepened due to mismanagement, unbearably high transmission and distribution losses
PM Shehbaz Sharif talked to the Indonesian President about palm oil
IMF not happy with the government measure to increase income tax exemption for salaried class

Updated 11 Jun, 2022 05:57pm

Pakistan

Govt announces another Rs30 increase in petrol price

Finance Minister Miftah Ismail says decision taken due to rising prices of petroleum products in international market
After increase, petrol hits Rs209.86 per litre

Updated 03 Jun, 2022 12:18am

Markets

Oil hedge funds caught between sanctions, recession

LONDON: Portfolio investors have left their petroleum positions essentially unchanged for the last nine weeks as ...

Published 18 May, 2022 05:54am

Business & Finance

IMF will link release of funds to increase in income taxes, subsidy removal: Shaukat Tarin

Talks between Pakistan and IMF on stalled Extended Fund Facility likely to be held from May 18

Updated 09 May, 2022 04:48pm

Support for fuel management: Govt in search of a feasible plan

ISLAMABAD: Ministries of Finance, Power and Petroleum have been directed to work out a feasible plan for fuel...

Updated 07 May, 2022 09:58am

Pakistan

First half of May: Govt decides to keep prices of petroleum products unchanged

Decision taken to not burden the consumers, says notification

Published 30 Apr, 2022 09:00pm

BR Research

LNG imports to outpace crude oil

Plenty of analysts have had sleepless nights over the ballooning energy import bill. Calls to curb demand have been...

Published 26 Apr, 2022 08:16am

Opinion

Growth in imports

The information on the composition of imports from July 21 to March 22 was released recently by the Pakistan Bureau...

Published 26 Apr, 2022 05:20am

Editorials

The country needs an energy czar

EDITORIAL: A new government has been formed. The first step for Prime Minister Shehbaz Sharif is to form his ...

Published 15 Apr, 2022 05:29am

BR Research

Wholesale prices to keep CPI high

It was only a matter of time before the wholesale prices started to reflect at the retail level. The National CPI...

Published 06 Jan, 2022 07:47am

Markets

Sales of petroleum, lubricants decline 6pc YoY, 14pc MoM

KARACHI: The total petroleum and lubricant sales clocked-in at 1.51 million tons in December 2021, depicting a...

Published 05 Jan, 2022 05:36am

Opinion

Climate crisis puts oil in the crosshairs, but dependence persists

The climate crisis has put the end of oil onto the agenda, but achieving that is a colossal task given the world...

Published 27 Dec, 2021 06:45am

Markets

Prices of petroleum products reduced

Petrol and diesel rates decreased by Rs5 per litre
New prices will be effective from December 16

Published 15 Dec, 2021 09:16pm

Markets

‘OPEC will continue with supply adjustments for oil market’

MILAN: The Organization of the Petroleum Exporting Countries (OPEC) will continue with its supply adjustments for ...

Published 05 Dec, 2021 04:26am

BR Research

Oil sales on the rise

Petroleum consumption goes unabated amid rising inflation. The petroleum products and lubricants sold by the oil...

Published 03 Dec, 2021 07:54am

Pakistan

Petroleum dealers demand Rs6/litre raise in margin

ISLAMABAD: The Pakistan Petroleum Dealers Association (PPDA) once again demanded the government to raise dealer...

Published 23 Nov, 2021 03:54am

Opinion

Wheat support price

Globally, wheat is one of the most strategic crops, which has always been a big challenge for many governments. In...

Published 14 Nov, 2021 04:12am

Markets

VLSFO crack dips, cash premiums jump

SINGAPORE: Asia’s front-month crack for 0.5% very low-sulphur fuel oil (VLSFO) eased on Wednesday from a...

Published 11 Nov, 2021 05:20am

Opinion

No solution in sight? - II

One would have thought that at least for such critical issues, there will be consensus and political wrangling will...

Published 05 Nov, 2021 04:39am

Jul-Oct trade deficit swells 104pc YoY

ISLAMABAD: The country's trade deficit has swelled by 104 percent to $ 15.525 billion during the first four months...

Updated 02 Nov, 2021 09:48am

Gainers
Losers
Leaders

Stock	Price
Tri-Star Mutual / Feb 9 Tri-Star Mutual Fund Limited(TSMF)	4.85 ▲ 0.85 (21.25%)
Universal Ins. / Feb 9 The Universal Insurance Company Limited(UVIC)	3.99 ▲ 0.68 (20.54%)
MetaTech. / Feb 9 MetaTech Health Limited(META)	8.20 ▲ 0.93 (12.79%)
Habib Metro Mod / Feb 9 Habib Metro Mod(HMM)	4.50 ▲ 0.50 (12.50%)
Waves Home Appliances / Feb 9 Waves Home Appliances Limited(WHALE)	6.91 ▲ 0.75 (12.18%)
Jubilee Spinning / Feb 9 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	2.95 ▲ 0.29 (10.90%)
Data Textile / Feb 9 Data Textiles Limited(DATM)	5.60 ▲ 0.54 (10.67%)
Shabbir Tiles / Feb 9 Shabbir Tiles & Ceramics Limited(STCL)	9.10 ▲ 0.87 (10.57%)
Pervez Ahmed Co / Feb 9 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.78 ▲ 0.07 (9.86%)
United Insurance / Feb 9 The United Insurance Company(UNIC)	8.38 ▲ 0.71 (9.26%)

Stock	Price
Shaheen Ins. / Feb 9 Shaheen Insurance Company Limited(SHNI)	3.05 ▲ -0.25 (-7.58%)
Suraj Cotton / Feb 9 Suraj Cotton Mills Limited(SURC)	141.39 ▲ -11.46 (-7.50%)
Dawood Lawrencepur / Feb 9 Dawood Lawrencepur Limited(DLL)	199 ▲ -15.50 (-7.23%)
Nazir Cotton Mills / Feb 9 Nazir Cotton Mills Limited(NCML)	3.72 ▲ -0.28 (-7.00%)
Punjab Oil / Feb 9 Punjab Oil Mills Limited(POML)	111.02 ▲ -8.11 (-6.81%)
Kohinoor Power / Feb 9 Kohinoor Power Company Limited(KOHP)	4.21 ▲ -0.30 (-6.65%)
The Thal Ind.Corp. / Feb 9 The Thal Industries Corporation Limited(TICL)	250.10 ▲ -17.23 (-6.45%)
JS Investments / Feb 9 JS Investments Limited(JSIL)	18.25 ▲ -1.20 (-6.17%)
AL-Noor Sugar / Feb 9 Al-Noor Sugar Mills Limited(ALNRS)	50.75 ▲ -3.05 (-5.67%)
S.G.Power / Feb 9 S.G. Power Limited(SGPL)	6.49 ▲ -0.39 (-5.67%)

Stock	Volume
WorldCall Telecom / Feb 9 Worldcall Telecom Limited(WTL)	64,461,125 ▼ 0.02
Hascol Petrol / Feb 9 Hascol Petroleum Limited(HASCOL)	25,109,500 ▼ 0.32
Oil & Gas Dev. / Feb 9 Oil & Gas Development Company Limited(OGDC)	22,259,031 ▼ 7.38
K-Electric Ltd. / Feb 9 K-Electric Limited(KEL)	17,692,270 ▼ 0.08
Maple Leaf Cement / Feb 9 Maple Leaf Cement Factory Limited(MLCF)	16,041,238 ▼ 0.97
Pak Petroleum / Feb 9 Pakistan Petroleum Limited(PPL)	16,004,058 ▼ 4.65
Lotte Chemical / Feb 9 Lotte Chemical Pakistan Limited(LOTCHEM)	13,157,316 ▼ 0.30
Pak Refinery / Feb 9 Pakistan Refinery Limited(PRL)	11,204,542 ▼ 0.40
Ghani Glo Hol / Feb 9 Ghani Global Holdings Limited(GGL)	10,987,823 ▲ -0.09
D.G.K.Cement / Feb 9 D.G. Khan Cement Company Limited(DGKC)	10,837,831 ▼ 1.76

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Feb 9	272.50
USD PKR Interbank Buying / Feb 9	270.50
USD to Japanese Yen / Feb 9	131.36
USD to Swiss Franc / Feb 9	0.92
Pound Sterling to USD / Feb 9	1.21
Euro to USD / Feb 9	1.07
UK LIBOR % / Feb 8	4.55

Stock	Volume
S&P 500 / Feb 8	4117.86
Nasdaq / Feb 8	11910.52
Dow Jones / Feb 8	33949.01
India Sensex / Feb 9	60806.22
Tokyo Nikkei / Feb 9	27584.35
Hang Seng / Feb 9	21356.79
FTSE 100 / Feb 9	7930.07
Germany DAX 30 / Feb 9	15578.71
France CAC40 / Feb 9	7196.72

Item	Value
Karachi Cotton PKR/37.32 KG / Feb 8	22235
Gold 10 Grams PKR / Feb 8	169753
Crude Oil USD/Barrel / Feb 9	78.43
Gold Spot USD/Ounce / Feb 9	1879.32
Cotton US¢/pound / Feb 9	85.40

petroleum

Most Popular Articles