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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 / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 20	162.36
USD to Swiss Franc / Jul 20	0.81
Pound Sterling to USD / Jul 20	1.35
Euro to USD / Jul 20	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Nasdaq / Jul 17	25,520.24
Dow Jones / Jul 17	52,146.42
Tokyo Nikkei / Jul 20	77,672.21
Hang Seng / Jul 20	25,069.85
FTSE 100 / Jul 20	10,562.80
Germany DAX 30 / Jul 20	24,913.94
France CAC40 / Jul 20	8,361.60

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Petrol/Litre / Jul 20	316.15
Crude Oil USD/Barrel / Jul 20	84.29
Gold Spot USD/Ounce / Jul 20	4,011.10
Diesel/Litre / Jul 20	354.35
Cotton US¢/pound / Jul 20	79.24

Gainers
Losers
Leaders

Stock	Price
Asia Ins. / Jul 20 Asia Insurance Company Limited(ASIC)	37.90 ▲ 3.45 (10.01%)
TPL Insurance / Jul 20 TPL Insurance Limited(TPLI)	64.08 ▲ 5.83 (10.01%)
Shams Textile / Jul 20 Shams Textile Mills Limited(STML)	63.99 ▲ 5.82 (10.01%)
Ahmad Hassan / Jul 20 Ahmad Hassan Textile Mills Limited(AHTM)	100.21 ▲ 9.11 (10%)
Baba Farid Sugar / Jul 20 Baba Farid Sugar Mills Limited(BAFS)	460.42 ▲ 41.86 (10%)
Crescent Cotton / Jul 20 Crescent Cotton Mills Limited(CCM)	59.05 ▲ 5.37 (10%)
National Silk / Jul 20 The National Silk & Rayon Mills Limited(NSRM)	299.43 ▲ 27.22 (10%)
Olympia Mills / Jul 20 Olympia Mills Limited(OML)	118.34 ▲ 10.76 (10%)
Pak Refinery / Jul 20 Pakistan Refinery Limited(PRL)	49.05 ▲ 4.46 (10%)
Suhail Jute / Jul 20 Suhail Jute Mills Limited(SUHJ)	246.36 ▲ 22.4 (10%)

Stock	Price
Khairpur Sug. / Jul 20 Khairpur Sugar Mills Limited(KPUS)	1,684.32 ▼ -187.15 (-10%)
Service Textile / Jul 20 Service Industries Textiles Limited(SERT)	56.04 ▼ -6.23 (-10%)
S.G.Power / Jul 20 S.G. Power Limited(SGPL)	87.83 ▼ -9.76 (-10%)
Maqbool Textile / Jul 20 Maqbool Textile Mills Limited(MQTM)	33.43 ▼ -3.71 (-9.99%)
Ideal Dynamics / Jul 20 Ideal Dynamics Limited(IDEAL)	49.28 ▼ -5.47 (-9.99%)
Nadeem Tex. / Jul 20 Nadeem Textile Mills Limited(NATM)	77 ▼ -8.16 (-9.58%)
Metro Steel / Jul 20 Metropolitan Steel Corporation Limited(MSCL)	21.81 ▼ -2.24 (-9.31%)
F.Credit & Inv / Jul 20 First Credit and Investment Bank Limited(FCIBL)	29.01 ▼ -2.81 (-8.83%)
Shahmurad Sugar / Jul 20 Shahmurad Sugar Mills Limited(SHSML)	352 ▼ -33 (-8.57%)
Elahi Cotton / Jul 20 Elahi Cotton Mills Limited(ELCM)	216.01 ▼ -20.08 (-8.51%)

Stock	Volume
Cnergyico PK / Jul 20 Cnergyico PK Limited(CNERGY)	164,443,202 ▲ 0.82
Pak Refinery / Jul 20 Pakistan Refinery Limited(PRL)	49,094,203 ▲ 4.46
TPL Properties / Jul 20 TPL Properties Limited(TPLP)	38,346,929 ▲ 0.46
Trust Sec.& Brok. / Jul 20 Trust Securities & Brokerage Limited(TSBL)	36,282,197 ▲ 0.16
K-Electric Ltd. / Jul 20 K-Electric Limited(KEL)	27,439,486 ▼ -0.05
Lotte Chemical / Jul 20 Lotte Chemical Pakistan Limited(LOTCHEM)	17,535,907 ▲ 0.76
WorldCall Telecom / Jul 20 Worldcall Telecom Limited(WTL)	15,048,958 ▲ 0
B.O.Punjab / Jul 20 The Bank of Punjab(BOP)	14,187,734 ▲ 0.27
Maple Leaf Cement / Jul 20 Maple Leaf Cement Factory Limited(MLCF)	13,467,861 ▲ 0.8
F. Nat.Equities / Jul 20 First National Equities Limited(FNEL)	13,125,171 ▲ 0.03

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