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petroleum

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

Opinion

Compounding economic ‘crisis’

Rising need of petroleum and its heavy taxation leaves the common man stripped of his earnings, and renders the ...

Updated 22 Oct, 2021 04:46am

Textile group exports witness 27.41pc growth in Q1

ISLAMABAD: The country's textile group exports witnessed 27.41 percent growth during the first quarter...

Updated 16 Oct, 2021 09:37am

Opinion

Tabish Gauhar quits govt

This is apropos a Business Recorder news item "Former SAPM Tabish talks of 'sniper attacks' from within govt itself"...

Published 05 Oct, 2021 04:34am

Business & Finance

Tabish Gauhar resigns as SAPM on Power and Petroleum

PM accepts resignation

Published 21 Sep, 2021 01:43pm

BR Research

HTL – all drivers in growth mode

After slower couple of years, Hi-Tech Lubricants Limited (PSX: HTL) is seeing demand returning. This is reflecting ...

Published 14 Sep, 2021 07:40am

Petrol price hiked by Rs5.40/litre

ISLAMABAD: The government has increased petrol price by Rs5.40 per litre and High-Speed Diesel (HSD) by Rs2.54 per...

Published 16 Jul, 2021 04:40am

CCoE meeting today

ISLAMABAD: The Cabinet Committee on Energy (CCoE) which is scheduled to meet on Thursday (today) will discuss report...

Published 08 Jul, 2021 03:20am

BR Research

Petroleum consumption in FY21

Oil and petroleum consumption witnessed a sharp recovery in FY21 after a dip in pandemic hit FY20. This recovery is...

Published 05 Jul, 2021 08:07am

Transmission line project: Tabish causes considerable controversy

ISLAMABAD: Top bosses of two key organizations of Power Division on Thursday brushed aside the accusations of...

Updated 02 Jul, 2021 08:38am

Markets

South Sudan launches first oil licensing round

CAPE TOWN: South Sudan on Wednesday officially launched its first oil licensing auction with five blocks on offer,...

Published 24 Jun, 2021 03:36am

Allocation for defence raised by 6.2percent

ISLAMABAD: Allocation for defence for Fiscal Year 2021-22 has been raised by 6.2 percent, from Rs1.292 trillion in...

Published 12 Jun, 2021 05:04am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 23	278.40
USD PKR Interbank Buying / Apr 23	278.10
USD to Japanese Yen / Apr 23	154.85
USD to Swiss Franc / Apr 23	0.91
Pound Sterling to USD / Apr 23	1.24
Euro to USD / Apr 23	1.07

Stock	Volume
S&P 500 / Apr 22	5010.60
Nasdaq / Apr 22	15451.31
Dow Jones / Apr 22	38239.98
India Sensex / Apr 23	73884.02
Tokyo Nikkei / Apr 23	37552.16
Hang Seng / Apr 23	16828.93
FTSE 100 / Apr 23	8045.70
Germany DAX 30 / Apr 23	17967.18

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Gold 10 Grams PKR / Apr 22	213220
Petrol/Litre / Apr 23	293.94
Crude Oil USD/Barrel / Apr 23	82.41
Gold Spot USD/Ounce / Apr 23	2301.86
Diesel/Litre / Apr 23	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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