ANL 31.91 Increased By ▲ 0.86 (2.77%)
ASC 19.75 Increased By ▲ 0.74 (3.89%)
ASL 26.70 Decreased By ▼ -0.65 (-2.38%)
AVN 91.10 Decreased By ▼ -0.29 (-0.32%)
BOP 8.41 Increased By ▲ 0.03 (0.36%)
BYCO 12.93 Decreased By ▼ -0.10 (-0.77%)
DGKC 127.97 Decreased By ▼ -2.78 (-2.13%)
EPCL 49.20 Decreased By ▼ -0.24 (-0.49%)
FCCL 24.14 Decreased By ▼ -0.26 (-1.07%)
FFBL 26.29 Decreased By ▼ -0.66 (-2.45%)
FFL 17.49 No Change ▼ 0.00 (0%)
HASCOL 12.42 Increased By ▲ 0.52 (4.37%)
HUBC 81.75 Increased By ▲ 0.75 (0.93%)
HUMNL 8.77 Increased By ▲ 0.28 (3.3%)
JSCL 24.37 Increased By ▲ 0.07 (0.29%)
KAPCO 43.59 Decreased By ▼ -0.04 (-0.09%)
KEL 4.57 Decreased By ▼ -0.13 (-2.77%)
LOTCHEM 15.95 Decreased By ▼ -0.25 (-1.54%)
MLCF 48.46 Decreased By ▼ -0.86 (-1.74%)
PAEL 35.82 Decreased By ▼ -0.38 (-1.05%)
PIBTL 11.22 Decreased By ▼ -0.17 (-1.49%)
POWER 10.32 Decreased By ▼ -0.22 (-2.09%)
PPL 91.28 Decreased By ▼ -1.12 (-1.21%)
PRL 25.94 Decreased By ▼ -0.76 (-2.85%)
PTC 13.14 Increased By ▲ 0.24 (1.86%)
SILK 1.58 Decreased By ▼ -0.03 (-1.86%)
SNGP 48.88 Decreased By ▼ -0.47 (-0.95%)
TRG 166.90 Increased By ▲ 1.00 (0.6%)
UNITY 48.09 Decreased By ▼ -0.21 (-0.43%)
WTL 3.90 Decreased By ▼ -0.09 (-2.26%)
BR100 5,313 Decreased By ▼ -19.16 (-0.36%)
BR30 27,831 Decreased By ▼ -106.27 (-0.38%)
KSE100 48,558 Decreased By ▼ -74.12 (-0.15%)
KSE30 19,575 Decreased By ▼ -50.05 (-0.26%)

Energy

Oil trades at multi-year highs on demand expectations
Energy

Oil trades at multi-year highs on demand expectations

  • Vitol CEO sees oil price around $70-$80/bbl this year.
  • Trafigura CEO says good chance oil gets to $100/bbl.
  • POLL-US crude inventories seen falling for 4th week in a row.
  • Coming Up: API data on US crude stocks at 4:30 p.m. ET.
Published 15 Jun, 2021 09:01pm
Oil rises on optimism about demand outlook
Energy

Oil rises on optimism about demand outlook

  • Brent crude was up by 52 cents, or 0.7%, at $73.38 a barrel.
  • We have had those stock draws for a couple months, the market is heading in the right direction ... my impression it is not a super cycle.
Published 15 Jun, 2021 05:34pm