SectorsNegative · Do not buyExpress Tribune

Oil prices fall $2 on Iran-Oman talks to reopen Strait of Hormuz

Wednesday, 26 August 2026 at 1:28 pm PKTBy Shariah PSX News DeskFull article on Express Tribune

Desk Analysis

How This Affects the Exchange

Sector Effect

Negative · Do not buy

Cautious read for Oil & Gas — price/volume reaction may stay soft near-term.

Sectors & Direction

Desk read

Desk call: Do not buy · Negatively affected

Oil & GasNegatively affected

Companies

OGDC · Do not buyPPL · Do not buyMARI · Do not buyPSO · Do not buySNGP · Do not buyATRL · Do not buy

Companies Mentioned

OGDC· Negatively affected · Do not buy
PPL· Negatively affected · Do not buy
MARI· Negatively affected · Do not buy
PSO· Negatively affected · Do not buy
SNGP· Negatively affected · Do not buy
ATRL· Negatively affected · Do not buy

Mentions in This Briefing

Sectors: Oil & Gas — Negative · Do not buy. PSX tickers: OGDC, PPL, MARI, PSO, SNGP, ATRL. Cautious read for Oil & Gas — price/volume reaction may stay soft near-term.

Full Story

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Oil prices fall $2 on Iran-Oman talks to reopen Strait of Hormuz

Brent crude futures fell $2.30, or 2.6%, to $86.28; WTI down $2.08, or 2.53%, at $80.29