Business & Finance - Fuel and Energy

Government urged to utilise LNG in power sector

Government urged to utilise LNG in power sector

LAHORE: Pakistan may take advantage of low spot prices and boost Liquefied Natural Gad (LNG) imports to meet the country's growing energy demand, said noted...

Asia’s naphtha hits 5-1/2-week high

Asia’s naphtha hits 5-1/2-week high

SINGAPORE: Asia's naphtha crack hit a 5-1/2-week high of $48.73 a tonne on Thursday as robust demand from petrochemical makers supported the market.South Korea's Hanwha...

US natural gas futures flat on rising LNG exports

US natural gas futures flat on rising LNG exports

NEW YORK: US natural gas futures were little changed on Thursday as rising liquefied natural gas (LNG) exports offset a smaller-than-expected weekly storage build and...

POL situation in Pakistan: Recent shortages – underlying issues and possible solutions

POL situation in Pakistan: Recent shortages – underlying issues and possible solutions

ARTICLE: In the month of June there are shortages of POL products to the extent that it has become a headline item for media.Although there...

US natural gas futures jump on rising LNG exports

US natural gas futures jump on rising LNG exports

NEW YORK: US natural gas futures climbed on Wednesday ahead of a storm that could disrupt Gulf Coast production and as liquefied natural gas (LNG)...

Oil prices steady as market awaits clarity on OPEC+ output cuts

Oil prices steady as market awaits clarity on OPEC+ output cuts

NEW YORK: Oil prices were little changed in choppy trade on Thursday as investors awaited a decision from top crude producers on whether to extend...

POL situation in Pakistan: Recent shortages – underlying issues and possible solutions

POL situation in Pakistan: Recent shortages – underlying issues and possible solutions

ARTICLE: In the month of June there are shortages of POL products to the extent that it has become a headline item for media.Although there...

US natural gas futures jump on rising LNG exports

US natural gas futures jump on rising LNG exports

NEW YORK: US natural gas futures climbed on Wednesday ahead of a storm that could disrupt Gulf Coast production and as liquefied natural gas (LNG)...

Oil prices steady as market awaits clarity on OPEC+ output cuts

Oil prices steady as market awaits clarity on OPEC+ output cuts

NEW YORK: Oil prices were little changed in choppy trade on Thursday as investors awaited a decision from top crude producers on whether to extend...

POL sales up 39pc on MoM basis in May

POL sales up 39pc on MoM basis in May

KARACHI: Total POL sales in the country increased by 39 percent on month-on-month basis in May-2020 to 1.48 million tons mainly on account of easing...

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