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Bjornar Tonhaugen

Oil prices buoyed by soaring gas rates ahead of OPEC+ meet

Published 04 Oct, 2021 05:56am

The sharp rise in wholesale gas prices is spilling over into the oil market, with looming demand for electricity...

Bacon and copper lead commodity price surge

Published 02 May, 2021 11:25am

Copper in the past week hit a 10-year high, while pork prices have fattened in part due to higher demand for bacon from Americans working and eating breakfast at home.

Oil prices little changed

Published 23 Apr, 2021 05:12am

NEW YORK: Oil prices were little changed on Thursday as concerns over lower crude production in Libya offset...

One year on from historic sub-zero plunge oil prices recover

Published 21 Apr, 2021 11:19am

The short but intense falling out between two heavyweights in the 13-member cartel of oil-producing nations and its 10 affiliates threatened world crude storage capacity levels with cheap oil.

Oil flat as weaker dollar offsets surge in U.S. gasoline stocks

Updated 09 Apr, 2021 12:08am

Brent futures rose 20 cents, or 0.3pc, to $63.36 a barrel by 11:43 a.m. EDT (1543 GMT), while U.S. West Texas Intermediate (WTI) crude rose 2 cents to $59.79.

Oil plunges over 6pc on concerns over Europe curbs, rollouts

Published 24 Mar, 2021 05:10am

NEW YORK: Oil prices fell more than 6 percent on Tuesday, tumbling as concerns over new pandemic curbs and slow...

Oil plunges more than 6pc on concerns over Europe curbs, rollouts

Updated 24 Mar, 2021 12:39am

Nearly a third of France entered a month-long lockdown on Saturday following a jump in cases in Paris and parts of northern France.

Oil eases as OPEC, IEA fret about demand

Updated 12 Feb, 2021 11:47pm

• Brent eases after tying record 9 sessions of gains • WTI eight-day rally also ends • OPEC again cuts 2021...

Oil in longest rally in two years

Published 11 Feb, 2021 04:34am

NEW YORK: Oil rose on Wednesday, extending its rally for a ninth day, its longest winning streak in two years,...

Oil prices slide as virus cases rise, demand worries persist

Published 26 Jan, 2021 11:46pm

Brent crude was up 4 cents, or 0.1pc, at $55.92 by 12:57 p.m. ET (1757 GMT,) while U.S. crude fell 19 cents, or 0.4pc, to $52.58.

Oil prices edge higher on U.S. stimulus hopes, supply concerns

Published 26 Jan, 2021 12:52am

Brent crude futures rose 31 cents to $55.72 a barrel by 1:32 p.m. EST (1832 GMT). U.S. West Texas Intermediate crude rose 32 cents to $52.59 a barrel.

Saudi cut to boost oil market de-stocking, even as demand falters

Published 10 Jan, 2021 01:10pm

It expects the oil market to be in deficit for the remainder of the year, peaking at 2.3 million bpd in September, or nearly 3% of global oil supplies for that month.

Oil prices hit nine-month high after inventory draw

Published 17 Dec, 2020 05:16pm

Oil prices generally rise when the dollar falls because crude priced in the greenback becomes cheaper for buyers holding other currencies.

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 4	159.92
USD to Swiss Franc / Jun 4	0.79
Pound Sterling to USD / Jun 4	1.34
Euro to USD / Jun 4	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
Nasdaq / Jun 3	26,853.97
Dow Jones / Jun 3	50,687.07
India Sensex / Jun 4	74,289.24
Tokyo Nikkei / Jun 4	67,399.25
Hang Seng / Jun 4	25,221.79
FTSE 100 / Jun 4	10,349.70
Germany DAX 30 / Jun 4	24,899.30
France CAC40 / Jun 4	8,185.81

Item	Value
Gold 10 Grams PKR / Jun 3	401,030
Petrol/Litre / Jun 4	381.78
Crude Oil USD/Barrel / Jun 4	95.52
Gold Spot USD/Ounce / Jun 4	4,475.32
Diesel/Litre / Jun 4	380.78
Cotton US¢/pound / Jun 4	80.34

Gainers
Losers
Leaders

Stock	Price
First Dawood Prop. / Jun 4 First Dawood Properties Limited(FDPL)	5.19 ▲ 0.62 (13.57%)
Azgard Nine (Non-Voti) / Jun 4 Azgard Nine (Non-Voti)(ANLNV)	8.40 ▲ 0.97 (13.06%)
Escorts Bank / Jun 4 Escorts Investment Bank Limited(ESBL)	13.59 ▲ 1.24 (10.04%)
First IBL Mod. / Jun 4 First IBL Modaraba(FIBLM)	11.41 ▲ 1.04 (10.03%)
Ruby Textile / Jun 4 Ruby Textile Mills Limited(RUBY)	18.67 ▲ 1.7 (10.02%)
Tri-Star Power / Jun 4 Tri-Star Power Limited(TSPL)	15.38 ▲ 1.4 (10.01%)
Ansari Sug. / Jun 4 Ansari Sugar Mills Limited(ANSM)	15.72 ▲ 1.43 (10.01%)
Grays Leasing / Jun 4 Grays Leasing Limited(GRYL)	22.98 ▲ 2.09 (10%)
Ideal Spinning / Jun 4 Ideal Spinning Mills Limited(IDSM)	79.73 ▲ 7.25 (10%)
Kohat Textile / Jun 4 Kohat Textile Mills Limited(KOHTM)	90.73 ▲ 8.25 (10%)

Stock	Price
Crescent Cotton / Jun 4 Crescent Cotton Mills Limited(CCM)	36.91 ▼ -2.69 (-6.79%)
Ghazi Fabrics / Jun 4 Ghazi Fabrics International Limited(GFIL)	32 ▼ -2.25 (-6.57%)
Shams Textile / Jun 4 Shams Textile Mills Limited(STML)	39.03 ▼ -2.58 (-6.2%)
Aisha Steel(ConPS) / Jun 4 Aisha Steel(ConPS)(ASLPS)	28.06 ▼ -1.72 (-5.78%)
Ashfaq Textile / Jun 4 Ashfaq Textile Mills Limited(ASHT)	33.25 ▼ -1.89 (-5.38%)
Mughal Energy / Jun 4 Mughal Energy Limited(GEM)(GEMMEL)	21.30 ▼ -1.18 (-5.25%)
Shadman Cotton / Jun 4 Shadman Cotton Mills Limited(SHCM)	47.43 ▼ -2.45 (-4.91%)
Premier Sugar / Jun 4 The Premier Sugar Mills(PMRS)	423.01 ▼ -20.78 (-4.68%)
Gulistan Sp. / Jun 4 Gulistan Spinning Mills Limited(GUSM)	7.06 ▼ -0.32 (-4.34%)
First AL-Noor Mod. / Jun 4 First Al-Noor Modaraba(FANM)	6.60 ▼ -0.28 (-4.07%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	112,742,147 ▲ 0.26
Pak Int.Bulk / Jun 4 Pakistan International Bulk Terminal(PIBTL)	32,085,063 ▲ 0.65
WorldCall Telecom / Jun 4 Worldcall Telecom Limited(WTL)	30,602,865 ▼ -0.01
Hascol Petrol / Jun 4 Hascol Petroleum Limited(HASCOL)	29,547,446 ▲ 0.88
TPL Properties / Jun 4 TPL Properties Limited(TPLP)	22,915,829 ▲ 0.56
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	21,952,752 ▲ 2.38
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	21,604,812 ▲ 0.03
Kohinoor Spinning / Jun 4 Kohinoor Spinning Mills Limited(KOSM)	20,173,269 ▼ -0.13
Maple Leaf Cement / Jun 4 Maple Leaf Cement Factory Limited(MLCF)	18,998,070 ▲ 1.39
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	18,802,886 ▲ 0.24

Bjornar Tonhaugen

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