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Oil rally to continue in 2022 as demand outstrips supply, analysts say

LONDON: Oil prices that rallied 50% in 2021 will power further ahead this year, some analysts predict, saying a lack...

Published 12 Jan, 2022 11:50pm

Markets

Brent dips after topping $80 a barrel, highest since Oct 2018

NEW YORK: Brent oil dipped on Tuesday after topping $80 per barrel for the first time in nearly three years, as a...

Published 29 Sep, 2021 03:59am

Markets

Asia’s gasoline crack rises

NEW DELHI: Asia’s gasoline crack gained for a second straight session on Wednesday on hopes of a weekly decline in...

Published 23 Sep, 2021 04:35am

Markets

Shell begins shutting Norco, Louisiana refinery

HOUSTON: Royal Dutch Shell Plc began shutting its 230,611 barrel-per-day Norco, Louisiana refinery and adjoining...

Published 29 Aug, 2021 03:08am

Markets

Brent oil may fall to $69.07 per barrel

SINGAPORE: Brent oil may fall to $69.07 per barrel, as suggested by its wave pattern. The bounce from the Aug. 9 ...

Published 17 Aug, 2021 04:42am

Markets

Asia’s gasoline crack falls below $9 a barrel

NEW DELHI: Asia’s gasoline crack fell below $9 a barrel on Monday, after holding above multi-month highs for more...

Published 17 Aug, 2021 04:42am

Markets

Asia’s naphtha crack eases from multi-year high

SINGAPORE: Asian refining profit margins for gasoline and naphtha slid on Tuesday. The naphtha crack dipped to...

Published 14 Jul, 2021 03:59am

Markets

Asia naphtha, gasoline margins improve on brighter outlook

SINGAPORE: Asia’s gasoline and naphtha margins improved on Friday on the back of a brighter economic outlook in ...

Published 10 Jul, 2021 03:42am

Markets

US oil neutral in $63.88-$65.45 range

The long-expected second correction may be developing towards $61.79, as indicated by a triangle.

Published 19 May, 2021 12:10pm

Markets

US oil may retest support at $63.88

The current correction could complete around $61.79, as suggested by a possible triangle.

Published 12 May, 2021 12:30pm

Markets

US oil may fall to $59.78

A break above $61.35 may lead to a gain to $62.62. On the daily chart, oil has broken a support at $61.74.

Published 22 Apr, 2021 12:29pm

Markets

Brent oil neutral in $62.47-$63.85 range

On the daily chart, the sideways mode remains unchanged.

Published 13 Apr, 2021 11:10am

Markets

Oil slips for third session before US inventories EIA data

"The longer it remains above this threshold, the greater the incentive for US and other non-OPEC+ producers to increase production."

Published 10 Mar, 2021 02:09pm

Markets

Oil prices jump more than $1 as US output struggles to fully restart

"It is hard not to be bullish with oil prices now that the deep freeze disruption practically guarantees the summer pickup in crude demand will erase whatever supply glut is left," said Edward Moya, senior market analyst at OANDA in New York.

Published 23 Feb, 2021 11:37am

Markets

Oil dips after unexpected rise in US crude stocks

The administration is also committed to ending new oil and gas leasing on federal lands.

Published 21 Jan, 2021 07:20pm

Markets

Global shares edge up on news Trump signs aid bill

Bitcoin extended gains over the weekend to reach a new high of $28,377.94 before stepping back to $26,457.32, bringing the total value of the cryptocurrency in circulation to over $500 billion.

Published 28 Dec, 2020 09:13am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 24 786 Investments Limited(786)	4.99 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 24 Al-Abbas Sugar Mills Limited(AABS)	270.01 ▼ 0.00 (0.00%)
Agro Allianz / May 24 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 24 Allied Bank Limited(ABL)	78.00 ▼ 0.00 (0.00%)
Abbott Lab. / May 24 Abbott Laboratories (Pakistan) Limited(ABOT)	641.75 ▼ 0.00 (0.00%)
Abson Ind. / May 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 24 Alfalah Consumer Index ETF.(ACIETF)	10.15 ▼ 0.00 (0.00%)
Attock Cement / May 24 Attock Cement Pakistan Limited(ACPL)	83.00 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 24 786 Investments Limited(786)	4.99 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 24 Al-Abbas Sugar Mills Limited(AABS)	270.01 ▼ 0.00 (0.00%)
Agro Allianz / May 24 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 24 Allied Bank Limited(ABL)	78.00 ▼ 0.00 (0.00%)
Abbott Lab. / May 24 Abbott Laboratories (Pakistan) Limited(ABOT)	641.75 ▼ 0.00 (0.00%)
Abson Ind. / May 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 24 Alfalah Consumer Index ETF.(ACIETF)	10.15 ▼ 0.00 (0.00%)
Attock Cement / May 24 Attock Cement Pakistan Limited(ACPL)	83.00 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	200.20
USD PKR Interbank Buying / May 20	199.80
USD to Japanese Yen / May 20	127.88
USD to Swiss Franc / May 20	0.97
Pound Sterling to USD / May 20	1.25
Euro to USD / May 20	1.06
UK LIBOR % / May 20	0.82

Stock	Volume
S&P 500 / May 20	3901.36
India Sensex / May 20	54326.39
Tokyo Nikkei / May 20	26739.03
Nasdaq / May 20	11354.62
Hang Seng / May 20	20717.24
FTSE 100 / May 20	7389.98
Dow Jones / May 20	31261.90
Germany DAX 30 / May 20	13981.91
France CAC40 / May 20	6285.24

Item	Value
Crude Oil / May 20	113.23
Karachi Cotton Assoc. / May 20	21180.00
Gold 10 Grams / May 20	115200.00
Gold Spot / May 20	1846.50
Cotton / May 20	125.18

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