Should investors avoid refinery stocks amid falling oil prices?
The refining sector in Pakistan is facing notable challenges as gross refining margins (GRMs) have steadily declined over the last three months, putting pressure on...
PRL announces 6-day plant shutdown
Pakistan Refinery Limited (PRL) needs to undertake a maintenance job, which will necessitate shutdown of its plant for approximately 6 days from February 15, 2025,...
PRL could reverse for another rally soon
PRL stock has been going down for a few days but it looks like the stock could be poised for reversal soon.
Refinery: Quarterly GRMs fall to a year low, losses expected
the average industry Gross Refining Margin (GRM) is expected to be around $3.8 per barrel.