Business & Finance - Fuel and Energy
Government urged to utilise LNG in power sector
Jun 07, 2020LAHORE: 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
Jun 07, 2020SINGAPORE: 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
Jun 07, 2020NEW 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
Jun 06, 2020ARTICLE: 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
Jun 06, 2020NEW 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
Jun 06, 2020NEW 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
Jun 05, 2020ARTICLE: 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
Jun 05, 2020NEW 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
Jun 05, 2020NEW 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
Jun 04, 2020KARACHI: 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...