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Russian oil

Russian oil idea unlikely to get traction in Pakistan

Can save no more than $1bn a year due to limited local oil refineries' capacity and their long-term contracts with Middle East oil companies

Updated 21 Oct, 2022 11:18am

Markets

US says Russia oil price cap will not be aimed at OPEC

LONDON: New steps from Group of Seven countries to cap Russian oil sales at an enforced low price will not be...

Published 19 Oct, 2022 07:18pm

Pakistan

Pakistan keen on purchasing Russian oil, says Ishaq Dar

Finance minister says he has conveyed this to relevant quarters in Washington and so far, there has been no resistance against it

Updated 19 Oct, 2022 08:47pm

Pakistan's case: US ready to allow Russian oil trade

US Embassy in Islamabad has expressed willingness to meet officials of Petroleum Division to explain to them the mechanism to cut a short-term cut rate deal for Russian crude oil

Updated 01 Oct, 2022 12:09pm

World

Afghan Taliban sign deal for Russian oil products, gas and wheat

Acting Afghan Commerce and Industry Minister Haji Nooruddin Azizi says Russia offered discount to average global commodity prices

Updated 28 Sep, 2022 06:26pm

Markets

US oil may test support at $77.61

SINGAPORE: US oil may test a support at $77.61 per barrel, a break below may open the way towards $76.47. A...

Published 28 Sep, 2022 12:54pm

Business & Finance

Gazprom says group’s first half core earnings more than doubled to $53bn

MOSCOW: Russian gas giant Gazprom Group’s earnings before interest, taxes, depreciation and amortisation more than...

Published 27 Sep, 2022 04:17pm

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

Russia’s coal exports to Asia slipping even as discount widens

There are signs that Russia is battling to sell more coal into Asian markets, even as the price of its fuel declines...

Published 12 Sep, 2022 12:11pm

Markets

US oil may fall into $83.70-$84.48 range

SINGAPORE: US oil may fall into a range of $83.70 to $84.48 per barrel, as it may have completed a bounce triggered...

Published 12 Sep, 2022 09:54am

Markets

Brent oil may end bounce below $93.77

Brent oil may extend its gains to $93.77 per barrel, to complete a small five-wave cycle before reversing the...

Published 12 Sep, 2022 09:53am

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

Business & Finance

Euro plunges to new 20-year low after Russian gas halt

LONDON: The euro sank below $0.99 to a new 20-year low on Monday after Russia’s halt to gas supplies down its main...

Published 06 Sep, 2022 04:08am

World

G7 oil price cap will shrink Russian revenues, ease inflation

A G7 proposal to cap the price of Russian oil will shrink Russian revenues and bring down inflation, German Finance...

Published 02 Sep, 2022 06:42pm

World

Russian oil price cap will ease inflation, harm Moscow’s finances, Yellen says

WASHINGTON: U.S. Treasury Secretary Janet Yellen said that a price cap on Russian oil agreed by Group of Seven (G7)...

Published 02 Sep, 2022 06:36pm

Markets

US says had constructive talks with India on Russian oil price cap plan

NEW DELHI: The United States had constructive discussions with Indian officials on a proposal to cap prices of...

Published 26 Aug, 2022 06:40pm

Editorials

Russian oil and coal: India is on a binge

EDITORIAL: Indian companies are, as per customs documents and industry sources, using Asian currencies to purchase...

Published 17 Aug, 2022 06:47am

Markets

Turkey to pay for some Russian gas in rubles: Erdogan

ISTANBUL: President Recep Tayyip Erdogan has confirmed that Turkey will start paying for some of its Russian natural...

Published 06 Aug, 2022 05:39pm

Markets

India boosted Russian oil imports in April-May by more than 400,000 bpd

MOSCOW: India cranked up Russian oil imports by 4.7 times in April - may, or by more than 400,000 barrels per day...

Updated 26 Jul, 2022 06:36pm

Markets

Revenue from Russian oil and gas exports rise in June y/y

MOSCOW: Export revenues from Russian oil and gas sales jumped in June from the year-earlier period thanks to rising...

Published 26 Jul, 2022 01:14pm

Opinion

The increasing Indo-Pak disparity

For a couple of early years of Pakistan’s and India’s independence, the disparity in terms of border security,...

Published 16 Jul, 2022 04:20am

World

Ukraine prepares for fresh Russian assault, West braces for worsening energy crisis

KYIV: Ukraine expects a fresh assault by Russian ground forces, following widespread shelling which killed more than...

Updated 12 Jul, 2022 12:24pm

Markets

CPC pumps oil despite closure threat, August exports set to rise

MOSCOW: Oil exports through the Caspian Pipeline Consortium (CPC) flowed smoothly and planned loadings are higher...

Published 08 Jul, 2022 06:16pm

Oil settles up nearly $4

NEW YORK: Oil prices settled sharply higher on Thursday, rebounding from steep losses the previous two sessions, as...

Published 08 Jul, 2022 05:36am

Oil slides 2pc to 12-week low on fears of global recession

NEW YORK: Oil prices slid about 2 percent to a 12-week low in volatile trade on Wednesday, extending the prior...

Published 07 Jul, 2022 05:35am

Markets

China extends record imports of Russian oil into June, cuts Saudi supply

SINGAPORE: China extended record imports of low-priced Russian crude oil into June despite a lockdown-induced...

Published 06 Jul, 2022 02:33pm

World

Zelensky denounces Greek firms’ export of Russian oil

KYIV: Ukrainian President Volodymyr Zelensky on Tuesday denounced the role of Greek companies in the export of...

Published 05 Jul, 2022 06:34pm

Markets

US oil may test support at $106.10

SINGAPORE: US oil may test a support at $106.10 per barrel, a break below that could open the way towards...

Published 04 Jul, 2022 10:15am

Imran blasts govt for not buying cheap Russian oil

ISLAMABAD: Former prime minister and PTI Chairman Imran Khan has lashed out at the government saying that instead of...

Updated 02 Jul, 2022 09:47am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 13	278.33
USD PKR Interbank Buying / May 13	278.13
USD to Japanese Yen / May 13	155.86
USD to Swiss Franc / May 13	0.91
Pound Sterling to USD / May 13	1.25
Euro to USD / May 13	1.08

Stock	Volume
S&P 500 / May 10	5222.68
Nasdaq / May 10	16340.87
Dow Jones / May 10	39512.84
India Sensex / May 13	72058.22
Tokyo Nikkei / May 13	38179.46
Hang Seng / May 13	19101.30
FTSE 100 / May 13	8440.89
Germany DAX 30 / May 13	18764.87

Item	Value
Karachi Cotton PKR/37.32 KG / May 11	19935
Gold 10 Grams PKR / May 11	208762
Crude Oil USD/Barrel / May 13	78.49
Gold Spot USD/Ounce / May 13	2349.25
Cotton US¢/pound / May 13	77.67
Petrol/Litre / May 14	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 14 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 14 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 14 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 14 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 14 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 14 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 14 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 14 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 14 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 14 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 14 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 14 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 14 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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