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asia oil

Oil prices advance despite concern over more US tariffs

Updated 10 Feb, 2025 08:52pm

LONDON: Oil prices rebounded on Monday despite lingering fears over a potential global trade war after U.S....

Saudi Arabia cuts December light crude prices for Asia

Published 06 Nov, 2024 08:15am

Top oil exporter Saudi Arabia has cut the price for the flagship Arab light crude it sells to Asia in December by 50...

Iran lowers July light crude oil price to Asia

Published 24 Jun, 2024 11:40am

Iran has set the official selling price (OSP) for its light crude oil grade for Asian buyers at $2.60 a barrel above...

Saudi Arabia may cut July oil prices to Asia for first time in 5 months

Published 29 May, 2024 11:14am

SINGAPORE: Saudi Arabia, the world’s biggest oil exporter, may cut prices for most crude grades it sells to Asia in...

Asia’s collapsing refinery margins undermine bullish crude case: Russell

Published 18 Apr, 2023 11:30am

LAUNCESTON: There is an increasing disconnect between the forecasts for strong global oil demand growth this year,...

China and India keep Asia’s crude oil imports robust in March: Russell

Published 06 Apr, 2023 10:47am

LAUNCESTON: Asia’s imports of crude oil stayed at relatively robust levels in March, as strong inflows to the...

Russian sanctions shift oil price-making power to Asia from Europe

Published 14 Mar, 2023 12:00pm

LONDON: Western sanctions on Russian and Iranian oil have channelled cheap fuel to Asia and in the process eroded a...

Asia diesel profits wane as China boosts exports, market adapts to Russia: Russell

Published 20 Feb, 2023 10:43am

LAUNCESTON: The profit for making diesel in Asia has dropped to the lowest in almost a year, a sign that the market...

Saudi Arabia may raise July crude oil prices for Asia

Published 06 Jun, 2022 09:38am

SINGAPORE: Top oil exporter Saudi Arabia may raise prices of all grades of crude it sells to Asia in July following...

Kuwait raises May crude prices to Asia to record levels

Published 11 Apr, 2022 10:34am

SINGAPORE: Kuwait has raised the official selling prices for two crude grades it sells to Asia in May to record...

Oil slips ahead of US jobs report

Published 03 Sep, 2021 09:57am

US West Texas Intermediate (WTI) crude futures fell 24 cents, or 0.3%, to $69.75 a barrel at 0200 GMT, while Brent crude futures fell 13 cents, or 0.2%, to $72.90 a barrel

Brent oil may drop more to $70.47

Published 01 Sep, 2021 09:29am

It could be technically interpreted as a break below $71.86.

Brent oil may retest resistance at $73.58

Published 31 Aug, 2021 10:43am

The rise looks very slow and the correction triggered by $73.58 is too deep

US oil may retest resistance at $69.73

Published 30 Aug, 2021 10:45am

The surge on Aug. 27 confirmed an extension of the uptrend from the Aug. 23 low of $61.74

US oil may retest support at $66.96

Published 27 Aug, 2021 10:38am

The failures suggest the formation of a top around $68.35

Brent oil may retest support at $70.47

Published 27 Aug, 2021 10:35am

It represents a weak market sentiment that could drive the price further down

Brent oil may drop to $70.47

Published 26 Aug, 2021 11:00am

The divergence makes a break above a resistance at $71.86 doubtful

US oil may stabilise around $66.96 and rise

Published 25 Aug, 2021 10:44am

The current shallow correction is regarded as a pullback towards the former resistance at $66.96, now a support

Brent oil may test resistance at $71.86

Published 25 Aug, 2021 10:41am

Support is at $70.47, a break below which could cause a fall to $69.09

US oil may rise to $67.48

Published 24 Aug, 2021 11:03am

Oil could be rising towards the peak of a wave b at $69.62 or the peak of the wave (b) at $74.21

US oil may bounce to $64.01 before falling

Published 23 Aug, 2021 09:58am

The contract is riding on a wave c from $69.62, which is expected to travel to $60.54

Brent oil may bounce to $67.39 before falling

Published 23 Aug, 2021 09:56am

The bounce will have little impact on the steady downtrend, which may extend into $59.55-$62.01 range, as the wave c did not complete around $65.98

Oil rises but set for 5% weekly drop as Delta variant spreads

Published 20 Aug, 2021 12:09pm

Broader investor risk aversion also weighed on oil with the US dollar jumping to a nine-month high on signs the US Federal Reserve is considering reducing stimulus this year

Oil drops to below $66, lowest since May, on demand concerns

Updated 19 Aug, 2021 08:53pm

LONDON: Oil dropped to below $66 a barrel on Thursday, its lowest since May, pressured by concerns about weaker...

US oil may keep bouncing to $68.49

Published 17 Aug, 2021 10:40am

On the daily chart, oil failed to break a support at $66.44 again. Trending signals are rather mixed, as the tug of war between bulls and bears around $66.44 has not ended

Brent oil may bounce more to $70.95

Published 17 Aug, 2021 10:34am

The current wave c has briefly pierced above a resistance at $69.67

Brent oil may fall to $69.07

Published 16 Aug, 2021 12:32pm

This relation, along with the deep fall from the Aug. 12 high of $71.90, suggests a completion of the bounce

Oil prices slide as Chinese fuel demand falters

Published 16 Aug, 2021 10:26am

Brent crude was down 75 cents, or 1.1%, at $69.84 a barrel by 0442 GMT. US oil fell by 76 cents, or 1.1%, to $67.68 a barrel

US oil may retest resistance at $69.30

Published 13 Aug, 2021 11:41am

8 The contract could be riding on a wave (d), the fourth wave of a presumed wedge developing from the July 6 high of $76.98. Three smaller waves make up this wave

Brent oil may retest resistance at $71.85

Published 13 Aug, 2021 11:38am

Three smaller waves make up this wave. The current wave c has briefly travelled above its 76.4% projection level of $71.85. Chances are it may extend to $72.71

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 29	277.32
USD PKR Interbank Buying / Sep 29	277.12
USD to Japanese Yen / Sep 30	157.03
USD to Swiss Franc / Sep 30	0.83
Pound Sterling to USD / Sep 30	1.32
Euro to USD / Sep 30	1.13
SOFR % / Sep 28	3.90

Stock	Volume
S&P 500 / Sep 29	7,670.84
Nasdaq / Sep 29	26,797.54
Dow Jones / Sep 29	51,349.92
India Sensex / Sep 30	72,729.39
Tokyo Nikkei / Sep 30	66,728.56
Hang Seng / Sep 30	24,534.37
FTSE 100 / Sep 30	10,714.17
Germany DAX 30 / Sep 30	25,546.29
France CAC40 / Sep 30	8,055.71

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 29	18,780
Gold 10 Grams PKR / Sep 29	374,945
Petrol/Litre / Sep 30	387.54
Crude Oil USD/Barrel / Sep 30	89.69
Gold Spot USD/Ounce / Sep 30	4,309.98
Diesel/Litre / Sep 30	402.24
Cotton US¢/pound / Sep 30	79.18

Gainers
Losers
Leaders

Stock	Price
Colony Tex.Mills Ltd / Sep 30 Colony Textile Mills Limited(CTM)	7.26 ▲ 1 (15.97%)
Kohinoor Spinning / Sep 30 Kohinoor Spinning Mills Limited(KOSM)	5.73 ▲ 0.77 (15.52%)
Lse Spac-I Ltd. / Sep 30 Lse Spac-I Limited(SPAC1)	20.41 ▲ 1.86 (10.03%)
Tri-Star Mutual / Sep 30 Tri-Star Mutual Fund Limited(TSMF)	16.57 ▲ 1.51 (10.03%)
Sindh Modaraba / Sep 30 Sindh Modaraba(SINDM)	33.28 ▲ 3.03 (10.02%)
Ghazi Fabrics / Sep 30 Ghazi Fabrics International Limited(GFIL)	26.38 ▲ 2.4 (10.01%)
Asim Textile / Sep 30 Asim Textile Mills Limited(ASTM)	113.96 ▲ 10.36 (10%)
Dadex Eternit / Sep 30 Dadex Eternit Limited(DADX)	150.32 ▲ 13.67 (10%)
First Punjab Modaraba / Sep 30 First Punjab Modaraba(FPJM)	29.04 ▲ 2.64 (10%)
Oilboy Energy / Sep 30 Oilboy Energy Limited(OBOY)	18.59 ▲ 1.69 (10%)

Stock	Price
Ashfaq Textile / Sep 30 Ashfaq Textile Mills Limited(ASHT)	50.57 ▼ -5.62 (-10%)
Ghani Chemworld Limited(PRS) / Sep 30 Ghani Chemworld Limited(PRS)(GCWLPRS)	118.83 ▼ -13.16 (-9.97%)
Burj Clean Energy Modaraba / Sep 30 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	11.25 ▼ -1.15 (-9.27%)
The Thal Ind.Corp. / Sep 30 The Thal Industries Corporation Limited(TICL)	918.13 ▼ -92.07 (-9.11%)
Pakistan Services / Sep 30 Pakistan Services Limited(PSEL)	1,019.63 ▼ -99.15 (-8.86%)
Mandviwala / Sep 30 Mandviwala Mauser Plastic Industries(MWMP)	77.07 ▼ -7.14 (-8.48%)
S.G.Power / Sep 30 S.G. Power Limited(SGPL)	23.41 ▼ -1.84 (-7.29%)
D.M. Corporation / Sep 30 D.M. Corporation Limited(DMC)	165.33 ▼ -11.63 (-6.57%)
Cordoba Logistics / Sep 30 Cordoba Logistics & Ventures Limited(CLVL)	28.32 ▼ -1.94 (-6.41%)
EMCO Industries / Sep 30 Emco Industries Limited(EMCO)	32.10 ▼ -1.93 (-5.67%)

Stock	Volume
Pak Int.Bulk / Sep 30 Pakistan International Bulk Terminal(PIBTL)	73,446,994 ▲ 0.11
Kohinoor Spinning / Sep 30 Kohinoor Spinning Mills Limited(KOSM)	58,387,095 ▲ 0.77
Tasdeeq Info. Serv. / Sep 30 Tasdeeq Information Services Limited(TISL)	50,882,891 ▼ -0.09
Cnergyico PK / Sep 30 Cnergyico PK Limited(CNERGY)	28,308,841 ▲ 0.03
D.S. Ind. Ltd. / Sep 30 D.S. Industries Limited(DSIL)	21,823,804 ▲ 1.27
Arif Habib Corp / Sep 30 Arif Habib Corporation Limited(AHCL)	17,873,579 ▲ 0.1
Pak Refinery / Sep 30 Pakistan Refinery Limited(PRL)	17,817,038 ▲ 0.45
WorldCall Telecom / Sep 30 Worldcall Telecom Limited(WTL)	17,431,935 ▼ -0.01
S.G.Power / Sep 30 S.G. Power Limited(SGPL)	16,575,953 ▼ -1.84
F. Nat.Equities / Sep 30 First National Equities Limited(FNEL)	14,238,200 ▲ 0

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