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Asia Energy

Oil prices slide as supply boost, weaker demand fears weigh

SINGAPORE: Crude oil prices fell on Monday, under pressure from expectations of increasing supplies and a lower...

Published 15 Nov, 2021 11:41am

Asia Energy

China's INE adds to Sinopec's Commercial Petroleum Reserve Co storage capacity

The additional capacity includes an extra 400,000 cubic metres at Sinopec's storage in the southern Guangdong provi

Published 24 Apr, 2020 12:11pm

Asia Energy

Oil pushes higher, but doubts grow about output cut deal

US benchmark West Texas Intermediate was up about five percent at $23.94 a barrel in Asian afternoon trade, after e

Published 13 Apr, 2020 12:31pm

Asia Energy

Asian gasoline margin hits record low

Worldwide lockdowns to limit the spread of the coronavirus have crushed petrol demand, making gasoline the worst hi

Published 06 Apr, 2020 01:06pm

Asia Energy

Asia spot LNG prices tumble to record low of $2.622/MMbtu-Platts

The previous record was on Feb. 14, when prices fell to $2.713 per MMBtu, said Ciaran Roe, head of LNG pricing at S

Published 30 Mar, 2020 03:13pm

Asia Energy

Oil rises amid hope for short economic hit from coronavirus outbreak

Brent crude was up by 51 cents, or 0.9pc, at $58.26 a barrel by 0732 GMT, while U.S. oil was up 55 cents, or 1.1pc,

Published 19 Feb, 2020 11:22am

Asia Energy

Oil prices fall 1pc as market weighs coronavirus impact on demand

Brent crude was at $56.88 a barrel, down 79 cents, or 1.4pc, by 0746 GMT, while U.S. West Texas Intermediate crude

Published 18 Feb, 2020 10:53am

Energy

Oil prices mixed as demand concerns outweigh output cut expectations

OPEC yesterday lowered its 2020, forecast for demand for the group's crude by 200,000 bpd. Brent and WTI have

Published 13 Feb, 2020 10:10am

Asia Energy

U.S. oil may bounce into $51.54-$52.65 range

The contract found a strong support at $49.61, the 123.6pc projection level on a downward wave (3) from $59.73.

Published 12 Feb, 2020 11:31am

Asia Energy

Oil jumps as slowdown in new China coronavirus cases eases fuel demand concerns

Brent crude was up 98 cents, or 1.8pc, at $54.99 per barrel at 0335 GMT. U.S. West Texas Intermediate (WTI) ro

Published 12 Feb, 2020 10:39am

Asia Energy

Oil rebounds amid broad market recovery; investors still wary

Brent crude rose 53 cents, nearly 1pc, to $53.80 a barrel by 0730 GMT, retreating from an intraday high of $54.16.

Published 11 Feb, 2020 11:46am

Energy

Oil rises on likely OPEC+ output cuts amid coronavirus outbreak

Oil prices have fallen by more than a fifth since the outbreak of the virus in the city of Wuhan in China. US

Published 07 Feb, 2020 11:04am

Asia Energy

Oil prices rebound, fuelled by hopes for OPEC+ supply cuts

Oil prices are now at levels where we would expect a supply response from both OPEC and shale producers. UBS h

Published 04 Feb, 2020 08:48am

Asia Energy

Oil rises as WHO declares emergency, but opposes travel restrictions

U.S. West Texas Intermediate (WTI) rose by 34 cents to $52.48 a barrel. It is 3.2pc lower on the week. China's

Published 31 Jan, 2020 11:11am

Asia Energy

Tokyo Gas cuts FY city gas sales forecast as warmer weather weakens demand

Japan's biggest supplier of city gas also booked a 9.9 billion yen ($90 million) loss on the Ichthys Liquefied Natu

Published 30 Jan, 2020 10:26am

Asia Energy

Oil spill from S-Oil's offshore buoy contained off the coast of South Korea

The leak occurred early Wednesday as the offshore buoy's pressure gauge was broken but the source of the leak was s

Published 29 Jan, 2020 11:21am

Asia Energy

Indian shares fall as China virus spreads; metals stocks slide

India's NSE Nifty 50 index was down 0.44pc at 12,194.00 by 0420 GMT, while the S&P BSE Sensex was 0.43 lower at

Published 27 Jan, 2020 11:46am

Asia Energy

Oil rises, but potential impact of China virus on fuel demand haunts market

Brent crude futures were up 31 cents, or 0.5pc, at $62.35 a barrel by 0741 GMT after falling 1.9pc the previous ses

Published 24 Jan, 2020 11:33am

Asia Energy

Brunei LNG cargo for March delivery sold below $4/mmBtu

Brunei LNG also sold a March 12-15 delivery cargo at around $4.40 per mmBtu, one of them said. The cargoes wer

Published 21 Jan, 2020 11:24am

Asia Energy

Asia Naphtha/Gasoline-Cracks hurt by higher oil prices

Asia's gasoline crack was near a 1-1/2 week low of $4.38 a barrel as ample supplies persisted. China's overall

Published 20 Jan, 2020 12:07pm

Asia Energy

Brent oil may test resistance at $71.98

Brent oil may test a resistance at $71.98 per barrel. The fifth wave labeled 5 has extended. It is expect

Published 08 Jan, 2020 01:46am

Asia Energy

Oil prices surf US-China trade thaw to 3-month highs

The deal between the world's two largest economies has improved the global economic outlook. Brent crude futur

Published 19 Dec, 2019 11:54am

Asia Energy

Russia's Rosneft seeks Japanese investors for giant Vostok oil development

The project will require construction of pipelines, roads, a sea port and other infrastructure. Rosneft wants

Published 11 Dec, 2019 11:02am

Asia Energy

Oil mixed amid slow holiday trade before OPEC+ meeting

Brent futures are set for a slight gain of 0.6pc for the week, the fourth weekly increase. Russian oil compani

Published 29 Nov, 2019 11:56am

Energy

Oil gains on U.S.-China trade talks optimism

Brent crude futures were at $63.73, up 34 cents or 0.54pc, the benchmark having also finished little changed last w

Published 25 Nov, 2019 12:22pm

Energy

China CNPC's $8.5bn gas storage project starts construction

State energy group CNPC said in January it planned to build 23 more gas storage facilities by 2030. The projec

Published 20 Nov, 2019 12:45pm

Energy

Indian Oil in talks with Rosneft to import Russian oil

We have taken very small quantities from Russia in the past which cant be considered significant so we are trying t

Published 12 Nov, 2019 01:10pm

Energy

India's diesel exports to weigh on Asia's refining margins

Indian Oil Corp , Bharat Petroleum Crop and Hindustan Petroleum Corp, used to buy in supplies from private companie

Published 08 Nov, 2019 12:17pm

Energy

China issues more crude oil import quotas for 2019

Third batch of quotas allocated to 19 companies-document Total quotas issued for 2019 reach 166 mln tonnes

Published 22 Oct, 2019 12:06pm

Energy

Asia Naphtha/Gasoline-Naphtha timespread rises indicating tight supplies

SINGAPORE: Asia's naphtha crack recovered to a two-session high of $86.53 a tonne, while the intermonth t

Published 21 Oct, 2019 11:27am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 8	278.28
USD PKR Interbank Buying / May 8	278.03
USD to Japanese Yen / May 8	155.25
USD to Swiss Franc / May 8	0.91
Pound Sterling to USD / May 8	1.25
Euro to USD / May 8	1.07

Stock	Volume
S&P 500 / May 7	5187.70
Nasdaq / May 7	16332.56
Dow Jones / May 7	38884.26
India Sensex / May 8	73566.30
Tokyo Nikkei / May 8	38202.37
Hang Seng / May 8	18325.35
FTSE 100 / May 8	8354.28
Germany DAX 30 / May 8	18528.77

Item	Value
Karachi Cotton PKR/37.32 KG / May 7	19935
Petrol/Litre / May 8	288.49
Crude Oil USD/Barrel / May 8	77.89
Gold 10 Grams PKR / May 8	205075
Gold Spot USD/Ounce / May 8	2314.41
Diesel/Litre / May 8	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 8 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 8 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 8 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 8 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 8 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 8 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 8 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 8 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 8 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 8 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 8 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 8 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 8 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 8 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 8 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 8 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 8 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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