Americas Energy - Markets - Business Recorder

Energy

US oil output to surpass Russia and Saudi Arabia combined by 2025

The United States is on track to produce more crude oil and liquids than Russia and Saudi Arabia put together by 202

Published 24 Jan, 2019 08:07pm

Energy

US oil output to surpass Russia and Saudi Arabia combined by 2025-Rystad

The United States is on track to produce more crude oil and liquids than Russia and Saudi Arabia put together by 2025, c

Published 24 Jan, 2019 03:18pm

Energy

Oil turns negative on US stock market weakness

NEW YORK: Oil prices turned negative on Wednesday, following U.S. stock markets down, on concerns about global econo

Published 23 Jan, 2019 08:41pm

Energy

Oil down on US stock market weakness, rising US supply

NEW YORK: Oil prices fell on Wednesday, following most U.S. stock markets lower, on concerns about global economic w

Published 23 Jan, 2019 08:07pm

Energy

US oil firms tell OPEC their growth will slow

DAVOS, Switzerland: US oil producers sought on Wednesday to soothe OPEC's worries about losing market share, telling the

Published 23 Jan, 2019 04:40pm

Energy

Brazil's Petrobras receives unfavorable tax ruling

SAO PAULO: Petroleo Brasileiro SA (Petrobras) has received an unfavorable ruling from a tax court in a 1.7 billion reais

Published 23 Jan, 2019 02:18pm

Energy

Oil slumps more than 3pc on China slowdown fears

HOUSTON: Crude prices tumbled more than 3 percent on Tuesday over concerns that China's slowing economy could curtai

Published 22 Jan, 2019 08:11pm

Americas Energy

Oil rises 3 pct on OPEC plan details, trade hopes

NEW YORK: Oil prices jumped about 3 percent on Friday, rising after OPEC detailed specifics on its production-cut activi

Published 18 Jan, 2019 08:15pm

Energy

Oil jumps 3pc on OPEC plan details, US-China trade hopes

NEW YORK: Oil prices rallied about 3 percent on Friday, boosted after OPEC detailed specifics on its production-cut

Published 18 Jan, 2019 05:47pm

Energy

Canadian oil firm MEG says Husky balked at friendly takeover talks

WINNIPEG: The chief executive officer of Canadian oil producer MEG Energy Corp invited his counterpart at Husky Ener

Published 18 Jan, 2019 05:37pm

Energy

Oil recovers some losses, but trade and supply worries dominate

NEW YORK: Oil prices steadied on Thursday, boosted by a rebound in US equities, after earlier losses on fears about surg

Published 17 Jan, 2019 08:46pm

Energy

Canadian oil companies cut 2019 capital spending

Canada's oil producers are cutting their capital spending for 2019 due to volatility in Canadian crude prices and fo

Published 17 Jan, 2019 12:08pm

Energy

Mexico pipeline problem eyed in US Gulf Coast gasoline build

HOUSTON: Traders of refined petroleum products said on Wednesday that pipeline system problems in Mexico may explain the

Published 16 Jan, 2019 10:42pm

Energy

Oil gains with Wall Street, but rising US fuel stocks weigh

NEW YORK: Oil prices edged higher on Wednesday, buoyed by a US equity market rally and a supply cut agreement by OPEC+,

Published 16 Jan, 2019 10:18pm

Americas Energy

US oil output to rise to 12.9 million bpd in 2020: EIA

NEW YORK: Crude oil output from the United States is expected to rise to more than 12 million barrels per day (bpd) this

Published 15 Jan, 2019 10:47pm

Energy

Oil rises about 3pc on economic stability hopes

NEW YORK: Oil prices rose about 3 percent on Tuesday, along with world stock markets, supported by China's plan to intro

Published 15 Jan, 2019 09:55pm

Energy

Petrobras wants to operate three blocks in 6th pre-salt auction

RIO DE JANEIRO: Brazil state-run oil firm Petroleo Brasileiro SA said on Monday it plans to exercise its preferential ri

Published 14 Jan, 2019 10:32pm

Energy

Shell may restart Norco, Louisiana coker this week

HOUSTON: Royal Dutch Shell Plc may restart the coker at its 218,200-barrel-per-day (bpd) Norco, Louisiana, refinery this

Published 14 Jan, 2019 09:30pm

Energy

Oil falls 2pc on concerns about weakening global economy

NEW YORK: Oil prices fell more than 2 percent on Monday, taking a pause after a recent rally, pressured by data showing

Published 14 Jan, 2019 09:00pm

Energy

Oil falls nearly 2pc amid global economy concerns but ends week higher

NEW YORK: Oil prices fell nearly 2 percent on Friday as investors worried about a global economic slowdown, snapping a n

Published 11 Jan, 2019 08:45pm

Energy

Mexico hedges 2019 oil at $55 per barrel, spends $1.2bn on options

MEXICO CITY: Mexico completed its 2019 oil hedge, the world's largest sovereign derivatives trade, at an average of $55

Published 10 Jan, 2019 09:46pm

Energy

Oil rises again but global economic concerns cap gains

NEW YORK: Crude prices edged higher on Thursday, supported by comments from the US Federal Reserve chairman that lifted

Published 10 Jan, 2019 09:41pm

Americas Energy

Exxon's Beaumont, Texas refinery restarts CDU, restarting coker

HOUSTON: Exxon Mobil Corp's 365,644 barrel-per-day (bpd) Beaumont, Texas, refinery restarted the small crude distillatio

Published 09 Jan, 2019 09:54pm

Energy

Enel launches voluntary layoff program at recently acquired Brazil unit

SAO PAULO: Italian utility Enel Spa has launched a voluntary layoff program at the Brazilian power distribution company

Published 09 Jan, 2019 09:52pm

Energy

Oil jumps on US-China trade talk hopes, OPEC cuts

NEW YORK: Oil prices jumped about 5 percent on Wednesday to their highest levels in nearly a month as US-China trade tal

Published 09 Jan, 2019 09:51pm

Energy

Mexican fuel shortage worries industry as lines grow in capital

MEXICO CITY: Gasoline shortages in Mexico sparked by a government crackdown on fuel theft prompted warnings from busines

Published 09 Jan, 2019 09:44pm

Energy

Trade war cuts US LNG exports to China in 2018

The number of US liquefied natural gas vessels that went to China in 2018 fell by around 20 percent from the prior year

Published 09 Jan, 2019 09:33pm

Energy

US crude stocks fall less than expected, products build sharply: EIA

NEW YORK: US crude oil stockpiles fell less than expected last week according to a largely bearish report on Wednesd

Published 09 Jan, 2019 04:33pm

Energy

Oil rises more than 2pc on US-China trade talk hope

NEW YORK: Oil prices jumped more than 2 percent on Wednesday as the extension of U.S.-China talks raised hopes of ea

Published 09 Jan, 2019 04:28pm

Americas Energy

US LNG producers face risk unless trade war resolved

WASHINGTON: The nascent US liquefied natural gas export industry has been particularly vulnerable to the US-China trade

Published 08 Jan, 2019 08:35pm

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 13	276.80 ▼ -0.01
USD PKR Interbank Buying / Nov 13	276.60 ▼ -0.01
USD to Japanese Yen / Nov 13	159.71 ▼ -0.21
USD to Swiss Franc / Nov 13	0.84 ▲ 0.003
Pound Sterling to USD / Nov 13	1.32 ▼ -0.0022
Euro to USD / Nov 13	1.10 ▼ -0.0036
SOFR % / Nov 12	3.90 ▲ 0.01

Stock	Volume
S&P 500 / Nov 13	7,561.67
India Sensex / Nov 13	81,592.45
Tokyo Nikkei / Nov 13	61,142.35
Nasdaq / Nov 13	25,136.27
Hang Seng / Nov 13	23,637.60
FTSE 100 / Nov 13	10,902.56
Dow Jones / Nov 13	52,347.55
Germany DAX 30 / Nov 13	26,749.95
France CAC40 / Nov 13	8,368.91

Item	Value
Petrol/Litre / Nov 14	330
Diesel/Litre / Nov 14	360
Crude Oil USD/Barrel / Nov 13	88.56
Karachi Cotton PKR/37.32 KG / Nov 13	18,080
Gold 10 Grams PKR / Nov 13	352,911
Gold Spot USD/Ounce / Nov 13	3,884.49
Cotton US¢/pound / Nov 13	82.61

Gainers
Losers
Leaders

Stock	Price
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	6.07 ▲ 1 (19.72%)
Dewan Sugar / Nov 13 Dewan Sugar Mills Limited(DWSM)	8.77 ▲ 1 (12.87%)
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	2.64 ▲ 0.28 (11.86%)
Shabbir Tiles / Nov 13 Shabbir Tiles & Ceramics Limited(STCL)	10.10 ▲ 1 (10.99%)
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	1.38 ▲ 0.13 (10.4%)
Pervez Ahmed Consultancy / Nov 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	12.06 ▲ 1.1 (10.04%)
Unicap Modaraba / Nov 13 Unicap Modaraba(UCAPM)	22.84 ▲ 2.08 (10.02%)
Leather Up Ltd. / Nov 13 Leather Up Limited(LEUL)	82.90 ▲ 7.54 (10.01%)
Ningbo Green Light / Nov 13 Ningbo Green Light Energy Limited(NGLEL)	16.48 ▲ 1.5 (10.01%)
Zuma Resources / Nov 13 Zuma Resources Limited(ZUMA)	33.75 ▲ 3.07 (10.01%)

Stock	Price
Arpak Int. / Nov 13 Arpak International Investments Ltd.(ARPAK)	124.84 ▼ -13.87 (-10%)
First AL-Noor Mod. / Nov 13 First Al-Noor Modaraba(FANM)	12.64 ▼ -1.36 (-9.71%)
Shadman Cotton / Nov 13 Shadman Cotton Mills Limited(SHCM)	69.87 ▼ -6.73 (-8.79%)
Fateh Sports / Nov 13 Fateh Sports Wear Limited(FSWL)	193.60 ▼ -16.58 (-7.89%)
Asim Textile / Nov 13 Asim Textile Mills Limited(ASTM)	62.73 ▼ -4.34 (-6.47%)
D.M. Corporation / Nov 13 D.M. Corporation Limited(DMC)	151.06 ▼ -9.64 (-6%)
Bhanero Textile / Nov 13 Bhanero Textile Mills Limited(BHAT)	1,207.41 ▼ -76.42 (-5.95%)
Hira Textile / Nov 13 Hira Textile Mills Limited(HIRAT)	4.01 ▼ -0.24 (-5.65%)
J.A.Textile / Nov 13 J.A. Textile Mills Limited(JATM)	73.72 ▼ -4.26 (-5.46%)
AN Textile Mills / Nov 13 AN Textile Mills Limited(ANTM)	58.55 ▼ -3.21 (-5.2%)

Stock	Volume
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	303,195,710 ▲ 0.13
Kohinoor Spinning / Nov 13 Kohinoor Spinning Mills Limited(KOSM)	59,505,118 ▲ 0.34
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	46,791,082 ▲ 0.28
Dost Steels Ltd. / Nov 13 Dost Steels Limited(DSL)	43,180,738 ▲ 0.37
TPL Properties / Nov 13 TPL Properties Limited(TPLP)	32,746,701 ▲ 0.48
Tasdeeq Info. Serv. / Nov 13 Tasdeeq Information Services Limited(TISL)	27,571,943 ▲ 0.05
F. Nat.Equities / Nov 13 First National Equities Limited(FNEL)	24,996,122 ▲ 0.01
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	24,965,743 ▲ 1
Cnergyico PK / Nov 13 Cnergyico PK Limited(CNERGY)	22,527,745 ▲ 0.14
Dar-es-Salaam / Nov 13 Dar-es-Salaam Textile Mills Limited(DSML)	21,467,835 ▲ 0.82

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