Topic

Russian oil price cap

Putin exempts ‘friendly’ countries from Russian price cap response

Published 28 Apr, 2023 09:03pm

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

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

Published 19 Apr, 2023 08:25pm

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

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

Published 18 Apr, 2023 06:21am

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

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

Updated 14 Mar, 2023 06:45pm

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

Indian refiners pay traders in dirhams for Russian oil

Updated 04 Feb, 2023 10:15am

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

Russia set to export large volume of diesel before EU sanctions

Published 30 Dec, 2022 06:21pm

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

Poland ready for Russian oil ban, says minister

Published 29 Dec, 2022 06:15pm

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

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

Updated 29 Dec, 2022 08:48am

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

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

Published 28 Dec, 2022 05:17pm

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

Putin bans Russian oil exports to countries that imposed price cap

Published 27 Dec, 2022 10:01pm

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

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

Published 23 Dec, 2022 10:37am

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

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

Published 15 Dec, 2022 06:45am

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

Saudi minister sees no clear results yet from Russia price cap

Published 12 Dec, 2022 06:55am

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

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

Published 11 Dec, 2022 08:58pm

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

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

Published 11 Dec, 2022 10:22am

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

Russia oil embargo, price cap disrupts tankers

Updated 11 Dec, 2022 11:24am

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

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

Updated 10 Dec, 2022 09:56am

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

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

Updated 09 Dec, 2022 08:12pm

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

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

Published 09 Dec, 2022 05:58am

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

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

Published 06 Dec, 2022 08:46pm

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

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

Published 06 Dec, 2022 05:58am

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

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

Updated 03 Dec, 2022 10:09pm

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

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

Published 03 Dec, 2022 02:14pm

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

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

Published 03 Dec, 2022 01:39pm

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

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

Updated 03 Dec, 2022 09:58am

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

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

Published 12 Sep, 2022 05:46pm

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

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

Published 09 Sep, 2022 09:02pm

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

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

Published 07 Sep, 2022 04:47pm

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

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

Published 07 Sep, 2022 04:43pm

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

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

Published 04 Sep, 2022 11:06am

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

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 19	316.15
Diesel/Litre / Jul 19	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

Russian oil price cap

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