Trends - Russian oil price cap

Russian oil price cap

Putin exempts ‘friendly’ countries from Russian price cap response

MOSCOW: Russian President Vladimir Putin signed a decree exempting the current contracts with so-called “friendly”...

Published 28 Apr, 2023 09:03pm

Markets

Oil exports from Russia’s western ports hit 4-year high in April

MOSCOW: Oil loadings from Russia’s western ports in April will rise to the highest since 2019, above 2.4 million...

Published 19 Apr, 2023 08:25pm

Business & Finance

G7 coalition to keep Russian oil price cap at $60 per barrel

WASHINGTON: The Group of Seven (G7) coalition will keep a $60 per barrel price cap on seaborne Russian oil, a...

Published 18 Apr, 2023 06:21am

Markets

India not obliged to follow Russian oil price cap: ministry source

NEW DELHI: India is not obliged to follow the Russian oil price cap set by the Group of Seven leading economies(G7)...

Updated 14 Mar, 2023 06:45pm

Business & Finance

Indian refiners pay traders in dirhams for Russian oil

NEW DELHI: Indian refiners have begun paying for most of their Russian oil purchased via Dubai-based traders in...

Updated 04 Feb, 2023 10:15am

Markets

Russia set to export large volume of diesel before EU sanctions

Russia is set to increase its diesel exports next month before European Union sanctions on crude oil start in...

Published 30 Dec, 2022 06:21pm

World

Poland ready for Russian oil ban, says minister

WARSAW: Poland is prepared for a Russian ban on oil sales to countries implementing a price cap, the climate...

Published 29 Dec, 2022 06:15pm

Business & Finance

Russia did not consult OPEC+ over oil cap response: Kremlin

MOSCOW: Russia did not consult with OPEC+ on its response to a Western price cap on Russian oil, Kremlin spokesman...

Updated 29 Dec, 2022 08:48am

Markets

‘No practical effect’ of Russian oil exports ban on Germany

BERLIN: A Russian decree that bans the supply of crude oil and oil products to countries abiding by a Western price...

Published 28 Dec, 2022 05:17pm

Markets

Putin bans Russian oil exports to countries that imposed price cap

MOSCOW: President Vladimir Putin on Tuesday delivered Russia’s long-awaited response to a Western price cap, signing...

Published 27 Dec, 2022 10:01pm

Markets

Russia may cut oil output in response to price caps: report

Russia may cut oil output by 5%-7% in early 2023 as it responds to price caps on its crude and oil products by...

Published 23 Dec, 2022 10:37am

Opinion

Russian oil sold to India below price cap in buyers’ market

Russia’s flagship Urals crude has been sold at deeper discounts this month following a European ban on Russian oil...

Published 15 Dec, 2022 06:45am

Markets

Saudi minister sees no clear results yet from Russia price cap

RIYADH: Saudi energy minister Prince Abdulaziz bin Salman said on Sunday the impact of European sanctions on Russian...

Published 12 Dec, 2022 06:55am

World

Saudi energy minister sees no clear results yet from Russia price cap

RIYADH: Saudi energy minister Prince Abdulaziz bin Salman said on Sunday the impact of European sanctions on Russian...

Published 11 Dec, 2022 08:58pm

World

‘Every one of them will be punished’: Kherson hunts for traitors

KHERSON: “Hands in the air! Documents out!” shouted Ukrainian policemen as they levelled their guns at two suspected...

Published 11 Dec, 2022 10:22am

World

Russia oil embargo, price cap disrupts tankers

LONDON: The European Union embargo on Russia's oil and an international cap on the price of the country's crude is...

Updated 11 Dec, 2022 11:24am

Russia could cut oil production over West’s ‘stupid’ price cap

MOSCOW: Russia, the world’s biggest exporter of energy, could cut oil production and will refuse to sell oil to any...

Updated 10 Dec, 2022 09:56am

World

Putin says Russia may cut oil production over West’s price cap

MOSCOW: Russia, the world’s biggest exporter of energy, may cut oil production and will refuse to sell oil to any...

Updated 09 Dec, 2022 08:12pm

Markets

China buys Russian oil at multi-month low discounts, brushes off price cap

SINGAPORE: China is paying the deepest discounts in months for Russian ESPO crude oil amid weak demand and poor...

Published 09 Dec, 2022 05:58am

Markets

Russia’s Jan-Nov oil output up 2% ahead of EU ban, price caps

MOSCOW: Russia’s January-November oil and gas condensate production rose 2.2% from a year earlier to 488 million...

Published 06 Dec, 2022 08:46pm

Oil falls nearly 3pc after data raises Fed interest rate worries

NEW YORK: Oil prices fell nearly 3% on Monday, following US stock markets lower, after US service sector data raised...

Published 06 Dec, 2022 05:58am

Markets

OPEC+ will keep oil policy unchanged in review talks: sources

LONDON/DUBAI: OPEC+ will likely stick to its oil output targets when it meets on Sunday, five OPEC+ sources said on...

Updated 03 Dec, 2022 10:09pm

World

Russia: price cap is ‘dangerous’ and will not curb demand for our oil

Russia said on Saturday it would continue to find buyers for its oil, despite what it said was a “dangerous” attempt...

Published 03 Dec, 2022 02:14pm

World

Zelenskiy’s chief of staff: Price cap on Russian oil should be lowered to $30 a barrel

KYIV: The price cap on Russian seaborne crude oil agreed to by the Group of Seven nations and Australia on Friday...

Published 03 Dec, 2022 01:39pm

Business & Finance

OPEC set to stick or cut more amid plan to cap Russian oil price

LONDON: Major oil producers are expected to stick to their current output strategy or even slash production further...

Updated 03 Dec, 2022 09:58am

World

The G7’s price cap on Russian oil begins to take shape

WASHINGTON: The Group of Seven countries is working to cap the price of Russian oil in an attempt to limit Moscow’s...

Published 12 Sep, 2022 05:46pm

Markets

US says Russia oil price cap should reflect historical prices, curb Putin profit

SINGAPORE/WASHINGTON: The price cap that G7 countries want to impose on Russian oil to punish Moscow should be set...

Published 09 Sep, 2022 09:02pm

Markets

EU to propose price cap on Russian gas, von der Leyen says

BRUSSELS: The European Commission will propose a price cap on Russian gas, alongside measures including a mandatory...

Published 07 Sep, 2022 04:47pm

Markets

Putin says Russia to stop supplying energy if Western price caps imposed

VLADIVOSTOK: President Vladimir Putin on Wednesday threatened to cut off energy supplies if price caps are imposed...

Published 07 Sep, 2022 04:43pm

Markets

A cap on Russian oil prices? G7 eyes untried, risky plan

NEW YORK: Capping the price of Russian oil, an approach G7 members said Friday they want to pursue “urgently,” would...

Published 04 Sep, 2022 11:06am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 20	283.77
USD PKR Interbank Buying / Jun 20	283.52
USD to Japanese Yen / Jun 20	145.32
USD to Swiss Franc / Jun 20	0.82
Pound Sterling to USD / Jun 20	1.35
Euro to USD / Jun 20	1.15
UK LIBOR % / Jun 19	4.96

Stock	Volume
S&P 500 / Jun 18	5,980.87
Nasdaq / Jun 18	19,546.27
Dow Jones / Jun 18	42,171.66
India Sensex / Jun 20	82,169.24
Tokyo Nikkei / Jun 20	38,403.23
Hang Seng / Jun 20	23,530.48
FTSE 100 / Jun 20	8,829.80
Germany DAX 30 / Jun 20	23,264.83
France CAC40 / Jun 20	7,592.12

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 19	16,785
Gold 10 Grams PKR / Jun 19	307,437
Petrol/Litre / Jun 20	258.43
Crude Oil USD/Barrel / Jun 20	75.66
Gold Spot USD/Ounce / Jun 20	3,350.80
Diesel/Litre / Jun 20	262.59
Cotton US¢/pound / Jun 20	66.53

Gainers
Losers
Leaders

Stock	Price
Askari Life Assur. / Jun 20 Askari Life Assurance Company Limited(ALAC)	8.40 ▲ 1 (13.51%)
Shaheen Ins. / Jun 20 Shaheen Insurance Company Limited(SHNI)	6.10 ▲ 0.6 (10.91%)
Leather Up Ltd. / Jun 20 Leather Up Limited(LEUL)	39 ▲ 3.55 (10.01%)
Rupali polyester / Jun 20 Rupali Polyester Limited(RUPL)	24.61 ▲ 2.24 (10.01%)
Bhanero Textile / Jun 20 Bhanero Textile Mills Limited(BHAT)	880 ▲ 80 (10%)
Zahid Jee Textile / Jun 20 Zahidjee Textile Mills Limited(ZAHID)	43.66 ▲ 3.97 (10%)
J.A.Textile / Jun 20 J.A. Textile Mills Limited(JATM)	29.18 ▲ 2.65 (9.99%)
Shahzad Tex. / Jun 20 Shahzad Textile Mills Limited(SZTM)	46.57 ▲ 4.23 (9.99%)
Service Textile / Jun 20 Service Industries Textiles Limited(SERT)	23.80 ▲ 2.16 (9.98%)
Chenab Ltd (Pref) / Jun 20 Chenab Limited (Pref)(CLCPS)	3.34 ▲ 0.3 (9.87%)

Stock	Price
Dewan Mushtaq / Jun 20 Dewan Mushtaq Textile Mills Limited(DMTM)	8.88 ▼ -1.54 (-14.78%)
Mahanna Islamic Index / Jun 20 Mahanna Islamic Index Traded Fund(MIIETF)	12.91 ▼ -2.15 (-14.28%)
PIA Holding Co.B / Jun 20 PIA Holding Company Limited B(PIAHCLB)	11,153.80 ▼ -1239.3 (-10%)
Imperial Limited / Jun 20 Imperial Limited(IML)	14.21 ▼ -1.45 (-9.26%)
Pakistan Services / Jun 20 Pakistan Services Limited(PSEL)	900 ▼ -71.99 (-7.41%)
Orient Rental / Jun 20 Orient Rental Mod(ORM)	9.40 ▼ -0.7 (-6.93%)
Pakgen Power / Jun 20 Pakgen Power Limited(PKGP)	181 ▼ -11.29 (-5.87%)
Kohat Textile / Jun 20 Kohat Textile Mills Limited(KOHTM)	92.18 ▼ -4.82 (-4.97%)
Biafo Ind. / Jun 20 Biafo Industries Limited(BIFO)	163.55 ▼ -8.46 (-4.92%)
Sapphire Textile / Jun 20 Sapphire Textile Mills Limited(SAPT)	1,105 ▼ -45 (-3.91%)

Stock	Volume
Yousuf Weaving / Jun 20 Yousaf Weaving Mills Limited(YOUW)	832,746 ▲ 0.2
MACPAC Films / Jun 20 MACPAC Films Limited(MACFL)	713,026 ▲ 1.56
Pak Refinery / Jun 20 Pakistan Refinery Limited(PRL)	543,401 ▲ 0.2
WorldCall Telecom / Jun 20 Worldcall Telecom Limited(WTL)	533,325 ▲ 0.02
Invest Bank / Jun 20 Invest Capital Investment Bank Limited(ICIBL)	301,179 ▲ 0.35
Ist.Capital Sec / Jun 20 First Capital Securities Corporation(FCSC)	279,001 ▲ 0.13
Askari Life Assur. / Jun 20 Askari Life Assurance Company Limited(ALAC)	232,709 ▲ 1
PIA Holding Co.Ltd / Jun 20 PIA Holding Company Limited(PIAHCLA)	187,358 ▲ 0.5
Bunnys Limited / Jun 20 Bunnys Limited(BNL)	184,782 ▲ 2
Crescent Textile / Jun 20 The Crescent Textile Mills Limited(CRTM)	148,384 ▲ 0.54

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Russian oil price cap

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