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LONDON: The price of crude oil will likely come under pressure later this year from rising output at US onshore developments as well as conventional fields, Chief Executive Eldar Saetre told Reuters on Wednesday.
"I think we will most likely be below $70 a barrel," he said when asked about expectations for crude prices in 2018.
North Sea Brent crude currently trades at a spot price of $66.9, down from $70.78 in late January.
| Currency | Rate |
|---|---|
|
USD PKR Interbank Selling
/ Jul 21
|
278.12
|
|
USD PKR Interbank Buying
/ Jul 21
|
277.92
|
|
USD to Japanese Yen
/ Jul 21
|
163.14
|
|
USD to Swiss Franc
/ Jul 21
|
0.81
|
|
Pound Sterling to USD
/ Jul 21
|
1.34
|
|
Euro to USD
/ Jul 21
|
1.14
|
|
SOFR %
/ Jul 21
|
3.59
|
| Stock | Volume |
|---|---|
|
S&P 500
/ Jul 21
|
7,509.20
|
|
India Sensex
/ Jul 21
|
77,470.11
|
|
Nasdaq
/ Jul 21
|
25,837.21
|
|
FTSE 100
/ Jul 21
|
10,585.91
|
|
Dow Jones
/ Jul 21
|
52,224.64
|
|
Germany DAX 30
/ Jul 21
|
25,011.35
|
|
France CAC40
/ Jul 21
|
8,363.14
|
|
Tokyo Nikkei
/ Jul 22
|
67,511.12
|
|
Hang Seng
/ Jul 22
|
24,903.04
|
| Item | Value |
|---|---|
|
Crude Oil USD/Barrel
/ Jul 21
|
85.03
|
|
Karachi Cotton PKR/37.32 KG
/ Jul 21
|
18,880
|
|
Gold 10 Grams PKR
/ Jul 21
|
368,000
|
|
Gold Spot USD/Ounce
/ Jul 21
|
4,114.26
|
|
Cotton US¢/pound
/ Jul 21
|
80.06
|
|
Petrol/Litre
/ Jul 22
|
320.73
|
|
Diesel/Litre
/ Jul 22
|
367.21
|
| Stock | Price |
|---|---|
|
Sally Textile
/ Jul 22
Sally Textile Mills Limited(SLYT)
|
16.13
▲ 1.47
(10.03%)
|
|
Dadabhoy Cement
/ Jul 22
Dadabhoy Cement Industries Limited(DBCI)
|
22.64
▲ 2.06
(10.01%)
|
|
F.Credit & Inv
/ Jul 22
First Credit and Investment Bank Limited(FCIBL)
|
35.93
▲ 3.27
(10.01%)
|
|
Gammon Pak
/ Jul 22
Gammon Pakistan Limited(GAMON)
|
24.18
▲ 2.2
(10.01%)
|
|
Olympia Mills
/ Jul 22
Olympia Mills Limited(OML)
|
143.19
▲ 13.02
(10%)
|
|
Ahmad Hassan
/ Jul 22
Ahmad Hassan Textile Mills Limited(AHTM)
|
121.25
▲ 11.02
(10%)
|
|
The Thal Ind.Corp.
/ Jul 22
The Thal Industries Corporation Limited(TICL)
|
1,048.37
▲ 95.31
(10%)
|
|
Asia Ins.
/ Jul 22
Asia Insurance Company Limited(ASIC)
|
45.86
▲ 4.17
(10%)
|
|
Baba Farid Sugar
/ Jul 22
Baba Farid Sugar Mills Limited(BAFS)
|
450
▲ 30.69
(7.32%)
|
|
Sindh Abadgar
/ Jul 22
Sindh Abadgar's Sugar Mills Limited(SASML)
|
390
▲ 23.99
(6.55%)
|
| Stock | Price |
|---|---|
|
Khairpur Sug.
/ Jul 22
Khairpur Sugar Mills Limited(KPUS)
|
1,364.30
▼ -151.59
(-10%)
|
|
Suhail Jute
/ Jul 22
Suhail Jute Mills Limited(SUHJ)
|
243.87
▼ -27.1
(-10%)
|
|
Aisha Steel (CPS)
/ Jul 22
Aisha Steel Mills Limited (CPS)(ASLCPS)
|
64
▼ -6.94
(-9.78%)
|
|
Shams Textile
/ Jul 22
Shams Textile Mills Limited(STML)
|
54.14
▼ -5.54
(-9.28%)
|
|
Husein Industries
/ Jul 22
Husein Industries Limited(HUSI)
|
55.30
▼ -5.2
(-8.6%)
|
|
Ideal Dynamics
/ Jul 22
Ideal Dynamics Limited(IDEAL)
|
47.02
▼ -4.08
(-7.98%)
|
|
TPL Insurance
/ Jul 22
TPL Insurance Limited(TPLI)
|
66
▼ -4.1
(-5.85%)
|
|
Aisha Steel(ConPS)
/ Jul 22
Aisha Steel(ConPS)(ASLPS)
|
21.05
▼ -1.24
(-5.56%)
|
|
Crescent Cotton
/ Jul 22
Crescent Cotton Mills Limited(CCM)
|
61.50
▼ -3.36
(-5.18%)
|
|
Khyber Textile
/ Jul 22
Khyber Textile Mills Limited(KHYT)
|
2,051.90
▼ -111.16
(-5.14%)
|
| Stock | Volume |
|---|---|
|
Trust Sec.& Brok.
/ Jul 22
Trust Securities & Brokerage Limited(TSBL)
|
78,862,333
▲ 0.07
|
|
Cnergyico PK
/ Jul 22
Cnergyico PK Limited(CNERGY)
|
59,295,590
▲ 0.19
|
|
TPL Properties
/ Jul 22
TPL Properties Limited(TPLP)
|
24,863,288
▲ 0.32
|
|
Pak Refinery
/ Jul 22
Pakistan Refinery Limited(PRL)
|
16,871,638
▲ 2.47
|
|
B.O.Punjab
/ Jul 22
The Bank of Punjab(BOP)
|
11,736,453
▲ 0.18
|
|
F. Nat.Equities
/ Jul 22
First National Equities Limited(FNEL)
|
8,514,458
▲ 0
|
|
TPL Corp Ltd
/ Jul 22
TPL Corp Limited(TPL)
|
7,904,305
▲ 0.29
|
|
K-Electric Ltd.
/ Jul 22
K-Electric Limited(KEL)
|
6,687,866
▼ -0.11
|
|
WorldCall Telecom
/ Jul 22
Worldcall Telecom Limited(WTL)
|
5,341,326
▲ 0.01
|
|
Dewan Farooque Sp.
/ Jul 22
Dewan Farooque Spinning Mills Limited(DFSM)
|
4,718,044
▲ 0.45
|
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