Topic

Sinopec

OPEC+ loses oil market sway in Iran war as China gains influence

Published 27 Aug, 2026 12:28pm

The war, which has shut a major export route for Middle Eastern oil and damaged energy infrastructure in several OPEC countries

Aramco offers more oil outside Hormuz with some cargoes heading to China

Published 26 Aug, 2026 11:34pm

Shipping data indicates that Aramco has resorted to shuttling cargoes

Sinopec's half-year profit grew 19.3% on year despite Iran war, falling demand

Published 23 Aug, 2026 03:38pm

Sinopec posted a surprising profit increase in H1 2026, navigating severe market volatility and significant inventory write-downs

South Korea, Japan refiners buy US crude, traders say

Published 06 Aug, 2026 12:25pm

he crude was bought from Unipec, the trading arm of 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...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 29	277.32
USD PKR Interbank Buying / Sep 29	277.12
USD to Japanese Yen / Sep 30	157.03
USD to Swiss Franc / Sep 30	0.83
Pound Sterling to USD / Sep 30	1.32
Euro to USD / Sep 30	1.13
SOFR % / Sep 28	3.90

Stock	Volume
S&P 500 / Sep 29	7,670.84
Nasdaq / Sep 29	26,797.54
Dow Jones / Sep 29	51,349.92
India Sensex / Sep 30	72,729.39
Tokyo Nikkei / Sep 30	66,728.56
Hang Seng / Sep 30	24,534.37
FTSE 100 / Sep 30	10,714.17
Germany DAX 30 / Sep 30	25,546.29
France CAC40 / Sep 30	8,055.71

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 29	18,780
Gold 10 Grams PKR / Sep 29	374,945
Petrol/Litre / Sep 30	387.54
Crude Oil USD/Barrel / Sep 30	89.69
Gold Spot USD/Ounce / Sep 30	4,309.98
Diesel/Litre / Sep 30	402.24
Cotton US¢/pound / Sep 30	79.18

Gainers
Losers
Leaders

Stock	Price
Colony Tex.Mills Ltd / Sep 30 Colony Textile Mills Limited(CTM)	7.26 ▲ 1 (15.97%)
Kohinoor Spinning / Sep 30 Kohinoor Spinning Mills Limited(KOSM)	5.73 ▲ 0.77 (15.52%)
Lse Spac-I Ltd. / Sep 30 Lse Spac-I Limited(SPAC1)	20.41 ▲ 1.86 (10.03%)
Tri-Star Mutual / Sep 30 Tri-Star Mutual Fund Limited(TSMF)	16.57 ▲ 1.51 (10.03%)
Sindh Modaraba / Sep 30 Sindh Modaraba(SINDM)	33.28 ▲ 3.03 (10.02%)
Ghazi Fabrics / Sep 30 Ghazi Fabrics International Limited(GFIL)	26.38 ▲ 2.4 (10.01%)
Asim Textile / Sep 30 Asim Textile Mills Limited(ASTM)	113.96 ▲ 10.36 (10%)
Dadex Eternit / Sep 30 Dadex Eternit Limited(DADX)	150.32 ▲ 13.67 (10%)
First Punjab Modaraba / Sep 30 First Punjab Modaraba(FPJM)	29.04 ▲ 2.64 (10%)
Oilboy Energy / Sep 30 Oilboy Energy Limited(OBOY)	18.59 ▲ 1.69 (10%)

Stock	Price
Ashfaq Textile / Sep 30 Ashfaq Textile Mills Limited(ASHT)	50.57 ▼ -5.62 (-10%)
Ghani Chemworld Limited(PRS) / Sep 30 Ghani Chemworld Limited(PRS)(GCWLPRS)	118.83 ▼ -13.16 (-9.97%)
Burj Clean Energy Modaraba / Sep 30 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	11.25 ▼ -1.15 (-9.27%)
The Thal Ind.Corp. / Sep 30 The Thal Industries Corporation Limited(TICL)	918.13 ▼ -92.07 (-9.11%)
Pakistan Services / Sep 30 Pakistan Services Limited(PSEL)	1,019.63 ▼ -99.15 (-8.86%)
Mandviwala / Sep 30 Mandviwala Mauser Plastic Industries(MWMP)	77.07 ▼ -7.14 (-8.48%)
S.G.Power / Sep 30 S.G. Power Limited(SGPL)	23.41 ▼ -1.84 (-7.29%)
D.M. Corporation / Sep 30 D.M. Corporation Limited(DMC)	165.33 ▼ -11.63 (-6.57%)
Cordoba Logistics / Sep 30 Cordoba Logistics & Ventures Limited(CLVL)	28.32 ▼ -1.94 (-6.41%)
EMCO Industries / Sep 30 Emco Industries Limited(EMCO)	32.10 ▼ -1.93 (-5.67%)

Stock	Volume
Pak Int.Bulk / Sep 30 Pakistan International Bulk Terminal(PIBTL)	73,446,994 ▲ 0.11
Kohinoor Spinning / Sep 30 Kohinoor Spinning Mills Limited(KOSM)	58,387,095 ▲ 0.77
Tasdeeq Info. Serv. / Sep 30 Tasdeeq Information Services Limited(TISL)	50,882,891 ▼ -0.09
Cnergyico PK / Sep 30 Cnergyico PK Limited(CNERGY)	28,308,841 ▲ 0.03
D.S. Ind. Ltd. / Sep 30 D.S. Industries Limited(DSIL)	21,823,804 ▲ 1.27
Arif Habib Corp / Sep 30 Arif Habib Corporation Limited(AHCL)	17,873,579 ▲ 0.1
Pak Refinery / Sep 30 Pakistan Refinery Limited(PRL)	17,817,038 ▲ 0.45
WorldCall Telecom / Sep 30 Worldcall Telecom Limited(WTL)	17,431,935 ▼ -0.01
S.G.Power / Sep 30 S.G. Power Limited(SGPL)	16,575,953 ▼ -1.84
F. Nat.Equities / Sep 30 First National Equities Limited(FNEL)	14,238,200 ▲ 0

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