Topic

Sinopec

China issues second batch of naphtha import quotas

Published 18 Jun, 2026 05:37am

BEIJING/NEW DELHI: China has issued a second batch of 2026 naphtha import quotas, likelyat a lower volume than the...

Tankers exit Strait of Hormuz with 6 million barrels of crude oil

Published 20 May, 2026 12:12pm

The ships are among a handful of supertankers exiting the Gulf this month via a transit route that Iran has ordered ships to use

Tankers exit Gulf via Strait of Hormuz as US-Iran talks begin

Updated 12 Apr, 2026 10:32am

Malaysia's foreign ministry, Petronas and PTT did not respond to requests for comment on Sunday outside office hours

PetroChina’s 2025 net profit falls 4.5pc on lower oil prices

Published 31 Mar, 2026 05:24am

BEIJING: PetroChina, Asia’s largest oil and gas producer, on Sunday said 2025 annual net profit dropped 4.5 percent...

PetroChina says operations ‘overall normal’

Published 31 Mar, 2026 05:24am

BEIJING: PetroChina, Asia’s largest oil and gas producer, is operating overall as normal, with about 10 percent of...

China’s Sinopec will not buy Iranian oil, wants to tap state reserves

Published 23 Mar, 2026 04:03pm

The company is cutting runs by 5% because of the disruption

Sinopec’s quarterly net income falls 28% on slower fuel sales

Published 28 Apr, 2025 08:11pm

SINGAPORE: China’s Sinopec Corp’s first-quarter profit fell by 27.6% versus a year earlier, the company said on...

China’s Sinopec partners with Saudi Aramco’s unit in $4 billion JV

Updated 28 Apr, 2025 05:36pm

China’s state-run Sinopec said on Monday it had signed an agreement with a unit of Saudi Aramco to establish a joint...

Oil prices stable amid economic uncertainty, OPEC+ supply fears

Updated 28 Apr, 2025 05:47pm

LONDON: Oil prices were stable on Monday as investors weighed up uncertainty over trade talks between the U.S. and...

Oil set for weekly fall amid supply pressure, tariff uncertainty

Updated 25 Apr, 2025 06:49pm

LONDON: Oil prices fell on Friday and were set for a weekly decline of over 3% on the back of oversupply concerns...

IEA, like OPEC, cuts 2025 oil demand forecast on trade tensions

Published 15 Apr, 2025 03:16pm

LONDON: The International Energy Agency (IEA) on Tuesday sharply cut its forecast for the growth in global oil...

Goldman Sachs expects oil prices to decline through 2026

Published 14 Apr, 2025 08:01am

Goldman Sachs expects oil prices to decline through the end of this year and next year because of the rising risk of...

Saudi Aramco, Sinopec to expand Yasref petrochemicals complex

Published 09 Apr, 2025 03:16pm

DUBAI: Saudi Aramco has signed a deal with China’s Sinopec to expand a petrochemicals complex operated by their...

Sinopec’s 2024 net profit plunges 16.8pc due to falling oil prices

Published 24 Mar, 2025 05:33am

BEIJING: China Petroleum & Chemical Corp , known as Sinopec, reported a 16.8 percent decline in 2024 net profit...

Sinopec to lift refining output in Feb as independents cut runs, sources say

Published 28 Jan, 2025 10:59am

SINGAPORE: China’s Sinopec plans to raise crude throughput next month by 100,000 to 150,000 barrels per day (bpd)...

OPEC’s share in India’s annual oil imports rises after 8-year drop

Published 17 Jan, 2025 02:04pm

NEW DELHI: OPEC’s share in India’s crude oil imports edged up in 2024, rising for the first time in nine years,...

Sri Lanka signs historic $3.7bn deal with Sinopec

Published 17 Jan, 2025 02:56am

BEIJING: Sri Lanka has secured its biggest-ever foreign investment after signing a deal with Chinese state-run oil...

Sinopec’s Zhenhai refinery says fire at its crude unit put out

Published 08 Jan, 2025 11:29am

SINGAPORE: China’s Sinopec Zhenhai refinery said a fire that broke out on one of its crude distillation units late...

Big Oil backtracks on renewables push as climate agenda falters

Published 27 Dec, 2024 12:18pm

LONDON: Major European energy companies doubled down on oil and gas in 2024 to focus on near-term profits, slowing...

China’s first batch of 2025 fuel export quota flat vs a year ago

Published 26 Dec, 2024 10:40am

SINGAPORE: China has issued 19 million metric tons of export quotas for gasoline, diesel and aviation fuel under the...

Oil prices steady as markets weigh Fed rate cut expectations, Chinese demand

Published 22 Dec, 2024 02:57am

HOUSTON: Oil prices settled little changed on Friday as markets weighed Chinese demand and interest rate-cut...

Oil makes gains on falling US crude inventories

Published 20 Dec, 2024 02:43am

NEW YORK: Oil prices rose slightly on Thursday, supported by falling US crude inventories, though gains were limited...

Sinopec forecasts China’s petroleum consumption will peak by 2027

Published 19 Dec, 2024 12:07pm

BEIJING: China’s petroleum consumption is expected to peak by 2027 at no more than 800 million metric tons, the...

Oil slips after surprise build in U.S. gasoline stocks

Updated 27 Nov, 2024 09:07pm

Oil prices edged lower on Wednesday as a large, surprise build in U.S. gasoline stocks outweighed easing supply...

Sinopec, Aramco start building petrochemical complex in China’s Fujian

Published 18 Nov, 2024 11:32am

SINGAPORE: Sinopec Corp said on Monday that the company and Saudi Aramco have started constructing a refinery and...

Oil prices broadly flat after falling on dollar surge

Updated 14 Nov, 2024 07:47pm

LONDON: Oil prices were largely steady on Thursday, with traders holding fire after declines earlier this week on a...

Sinopec starts up ethylene complex in north China’s Tianjin

Published 13 Nov, 2024 11:05am

SINGAPORE: Sinopec said on Wednesday it has successfully started up a new ethylene complex in northern China, part...

Sinopec says it has secured 10% more gas for winter than a year earlier

Published 01 Nov, 2024 11:17am

SINGAPORE: China’s Sinopec Corp has secured natural gas supplies for the winter heating season at levels 9.7% higher...

Oil slips 1% on large build in US crude stocks; market watches Middle East

Updated 23 Oct, 2024 09:39pm

NEW YORK: Oil prices fell on Wednesday after data showed U.s. crude inventories rose by more than expected even as...

Sinopec says east China shale oil field pumping at 1,600 tons a day

Published 16 Oct, 2024 12:19pm

SINGAPORE: Sinopec is advancing development of shale oil at its pilot project Jiyang in east China, pumping 1,600...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 3	278.32
USD PKR Interbank Buying / Jul 3	278.12
USD to Japanese Yen / Jul 6	161.95
USD to Swiss Franc / Jul 6	0.80
Pound Sterling to USD / Jul 6	1.33
Euro to USD / Jul 6	1.14
SOFR % / Jul 5	3.66

Stock	Volume
S&P 500 / Jul 2	7,483.24
Nasdaq / Jul 2	25,832.67
Dow Jones / Jul 2	52,900.07
India Sensex / Jul 6	78,246.11
Tokyo Nikkei / Jul 6	69,476.37
Hang Seng / Jul 6	23,555.72
FTSE 100 / Jul 6	10,714.13
Germany DAX 30 / Jul 6	25,870.97
France CAC40 / Jul 6	8,560.38

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 2	17,780
Gold 10 Grams PKR / Jul 3	378,031
Crude Oil USD/Barrel / Jul 6	68.68
Gold Spot USD/Ounce / Jul 6	4,152.05
Cotton US¢/pound / Jul 6	77.12
Petrol/Litre / Jul 7	297.53
Diesel/Litre / Jul 7	309.50

Gainers
Losers
Leaders

Stock	Price
Tariq Corp. (R) / Jul 6 Tariq Corporation Limited(Right)(TCORPR2)	5.42 ▲ 1 (22.62%)
Premier Insurance / Jul 6 Premier Insurance Limited(PINL)	10.51 ▲ 1 (10.52%)
Habib Insurance / Jul 6 Habib Insurance Company Limited(HICL)	11.50 ▲ 1.05 (10.05%)
Tri-Star Power / Jul 6 Tri-Star Power Limited(TSPL)	18.12 ▲ 1.65 (10.02%)
Aruj Industries / Jul 6 Aruj Industries Limited(ARUJ)	11.54 ▲ 1.05 (10.01%)
Cordoba Logistics / Jul 6 Cordoba Logistics & Ventures Limited(CLVL)	22.41 ▲ 2.04 (10.01%)
Dewan Farooque Sp. / Jul 6 Dewan Farooque Spinning Mills Limited(DFSM)	32.87 ▲ 2.99 (10.01%)
Leather Up Ltd. / Jul 6 Leather Up Limited(LEUL)	44.83 ▲ 4.08 (10.01%)
Pak Gen.Ins. / Jul 6 The Pakistan General Insurance Co. Ltd.(PKGI)	19.68 ▲ 1.79 (10.01%)
Ansari Sug. / Jul 6 Ansari Sugar Mills Limited(ANSM)	34.43 ▲ 3.13 (10%)

Stock	Price
Pakistan Credit Rating Agency / Jul 6 The Pakistan Credit Rating Agency Ltd(GEMPACRA)	44.02 ▼ -4.89 (-10%)
First Fid. Leasing / Jul 6 First Fidelity Leasing Modaraba(FFLM)	21.63 ▼ -2.4 (-9.99%)
Tri-Star Mutual / Jul 6 Tri-Star Mutual Fund Limited(TSMF)	18.05 ▼ -1.97 (-9.84%)
Pak Agro Pack. (GEM) / Jul 6 Pak Agro Packaging Limited (GEM)(GEMPAPL)	12.02 ▼ -1.23 (-9.28%)
HBL Total Tre. ETF / Jul 6 HBL Total Treasury ETF(HBLTETF)	104.67 ▼ -8.9 (-7.84%)
Asim Textile / Jul 6 Asim Textile Mills Limited(ASTM)	25.43 ▼ -2.09 (-7.59%)
Paramount Mod / Jul 6 First Paramount Modaraba(FPRM)	14.82 ▼ -1.17 (-7.32%)
Dewan Textile / Jul 6 Dewan Textile Mills Limited(DWTM)	11.23 ▼ -0.87 (-7.19%)
Kohat Textile / Jul 6 Kohat Textile Mills Limited(KOHTM)	151.23 ▼ -11.49 (-7.06%)
Redco Textile / Jul 6 Redco Textiles Limited(REDCO)	32.85 ▼ -2.24 (-6.38%)

Stock	Volume
TPL Properties / Jul 6 TPL Properties Limited(TPLP)	66,770,551 ▲ 0.9
Lotte Chemical / Jul 6 Lotte Chemical Pakistan Limited(LOTCHEM)	42,069,179 ▲ 1.18
TPL REIT Fund I / Jul 6 TPL REIT Fund I(TPLRF1)	36,545,201 ▼ -0.09
Cnergyico PK / Jul 6 Cnergyico PK Limited(CNERGY)	28,865,720 ▲ 0.18
B.O.Punjab / Jul 6 The Bank of Punjab(BOP)	28,228,777 ▲ 0.28
Ghani Chem. Ind. / Jul 6 Ghani Chemical Industries Limited(GCIL)	27,957,329 ▲ 0.84
Sitara Petroleum Service / Jul 6 Sitara Petroleum Service Limited(SPSL)	26,304,562 ▼ -0.01
Pak Elektron / Jul 6 Pak Elektron Limited(PAEL)	22,354,525 ▲ 1.33
Maple Leaf Cement / Jul 6 Maple Leaf Cement Factory Limited(MLCF)	19,843,892 ▲ 2.34
TPL Corp Ltd / Jul 6 TPL Corp Limited(TPL)	18,767,081 ▲ 0.36

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