Stock prices of Oil Refinery Companies plunge sharply since Jan FY20
MG News | February 26, 2020 at 01:56 PM GMT+05:00
February 26, 2020 (MLN): The Stock prices of Oil refining companies have plunged sharply by 14% since January 2020.
This sharp downcast in oil demand witnessed as buying from airlines declined.
Company-wise, the stock price of National Refinery Limited (NRL) dropped by 24% whereas, the stock price of Attock Refinery Limited (ARTL) fall by 22%.
Whereas, BYCO Petroleum Limited (BYCO) and Pakistan Refinery Limited (PRL) has witnessed 2% and 7% fall in its stock prices so far since January 2020.
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| BRENT CRUDE | 59.54 | 60.40 59.42 | -1.02 -1.68% |
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