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Russian oil

Musadik Malik reiterates Russia will provide Pakistan crude at ‘discounted rates'

State minister says govt working with Azerbaijan on a gas purchase framework agreement as well

Updated 16 Dec, 2022 07:24pm

Markets

Oil falls over 3%, still set for weekly gain on demand hopes

LONDON: Oil fell over 3% on Friday as the market assessed the aftermath of interest rates hikes by central banks,...

Updated 16 Dec, 2022 07:56pm

Pakistan

Discounted Russian oil not ‘a reality,’ says Bilawal

UNITED NATIONS: Pakistan is seeking “to address the energy shortfalls and difficulties we’re facing,” Foreign...

Published 16 Dec, 2022 07:42am

Pakistan

FM Bilawal says Pakistan not ‘pursuing or receiving’ discounted Russian oil

Foreign minister says Pakistan 'exploring' various options

Published 15 Dec, 2022 11:36pm

World

EU leaders tackle discord over support for industry, Russia sanctions

BRUSSELS: European Union leaders met on Thursday to try and resolve some of their outstanding disagreements before...

Published 15 Dec, 2022 06:24pm

World

Two killed in Russia oil refinery blaze

MOSCOW: Two people died and five others were injured in a major fire that engulfed an oil refinery in eastern...

Published 15 Dec, 2022 12:04pm

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

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

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

Published 14 Dec, 2022 09:12pm

Markets

Russia’s oil exports rose but revenue fell ahead of price cap: IEA

LONDON: Global oil demand growth will slow next year but will still be at a robust 1.7% as China recovers from...

Published 14 Dec, 2022 05:10pm

World

EU agrees €20bn boost for energy funding to quit Russian gas

BRUSSELS: The European Union will raise an extra 20 billion euros from its carbon market for investments to help end...

Published 14 Dec, 2022 04:38pm

Markets

US oil may bounce into $73.26-$74.17 range

SINGAPORE: US oil may bounce into a range of $73.26-$74.17 per barrel as it has stabilised around a support of...

Published 12 Dec, 2022 09:52am

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

Markets

Transneft to lift oil shipment tariffs by 6pc next year

MOSCOW: Russian oil pipeline monopoly Transneft is set to increase the tariffs for transporting crude oil via its...

Published 12 Dec, 2022 06:07am

Business & Finance

Rosneft reports $889m loss from assets ‘transfer’ in Germany

MOSCOW: Russia’s oil giant Rosneft said Wednesday its profit over the past nine months had been badly hit by the...

Published 12 Dec, 2022 06:07am

Modi to skip annual summit with Putin

NEW DELHI: Indian Prime Minister Narendra Modi will not hold an annual in-person summit with Russian President...

Published 10 Dec, 2022 06:32am

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

Markets

Oil set for 10% weekly drop as demand worries dominate

Oil prices were stable on Friday, although both benchmarks headed for a weekly loss on worries over weak economic...

Updated 09 Dec, 2022 06:20pm

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

What happened to the 2022 global oil rally?

Crude oil futures spent much of 2022 surging, as demand for transportation fuels to travel returned while Russia’s...

Published 08 Dec, 2022 11:43am

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 08 Dec, 2022 10:50am

Markets

Oil rebounds from 2022 lows on China demand hopes, tanker delays

LONDON: Oil rebounded on Thursday after four sessions of decline, boosted by hopes that easing anti-COVID measures...

Updated 08 Dec, 2022 03:23pm

World

Putin acknowledges Russia’s war in Ukraine could be a long one

LONDON/KYIV: Russian President Vladimir Putin has acknowledged that his army could be fighting in Ukraine for a long...

Published 08 Dec, 2022 09:54am

Markets

Oil dips, hits lowest mark since January

HOUSTON: Oil edged to its lowest since the start of the year in volatile trading, after US government data showed an...

Published 08 Dec, 2022 05:58am

Opinion

The elusive Russian oil

Peshawar There appears to be a growing realisation in the government that the economic situation is already bad and...

Published 07 Dec, 2022 05:54am

Oil from Russia: Musadik says there will be no US sanctions

ISLAMABAD: Minister of State for Petroleum Musadik Malik on Tuesday said that the government is not deliberating on...

Updated 07 Dec, 2022 09:47am

Markets

Ukraine slams India for buying Russian oil

NEW DELHI: Ukraine’s foreign minister condemned India’s ramping up of Russian oil purchases following Moscow’s...

Published 07 Dec, 2022 05:54am

Markets

Rupee remains under pressure, settles at 224.11 against US dollar

Currency registers a decline of 0.09% in inter-bank market

Updated 06 Dec, 2022 07:39pm

Markets

US oil may bounce moderately before retesting $76.55

SINGAPORE: US oil may bounce moderately into a range of $78.94-$79.75 per barrel, before retesting a support at...

Published 06 Dec, 2022 10:15am

Opinion

Russian oil sanctions fuel boom for old tankers

The market for old oil tankers is booming, and it’s all down to efforts by Western nations to curb trade in ...

Updated 06 Dec, 2022 06:32am

Petrol, diesel and LNG at discounted rates: Russian ministers due next month

ISLAMABAD: A Russian ministerial delegation is scheduled to visit Pakistan in January 2023 for further negotiation ...

Updated 06 Dec, 2022 09:33am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 29	278.53
USD PKR Interbank Buying / Apr 29	278.03
USD to Japanese Yen / Apr 29	156.41
USD to Swiss Franc / Apr 29	0.91
Pound Sterling to USD / Apr 29	1.25
Euro to USD / Apr 29	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01
France CAC40 / Apr 26	8088.24
India Sensex / Apr 29	74257.68

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Petrol/Litre / Apr 29	293.94
Crude Oil USD/Barrel / Apr 29	83.16
Gold Spot USD/Ounce / Apr 29	2332.70
Diesel/Litre / Apr 29	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 29 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 29 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 29 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 29 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 29 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

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

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