Trends - Brent crude - Business Recorder

Brent crude

Oil rises as OPEC+ sticks to regular output increase

NEW YORK: Oil prices rose on Thursday, giving up their earlier losses, as OPEC+ stuck to its policy of incrementally...

Published 03 Dec, 2021 04:31am

OPEC+ agrees to go ahead with oil output rise

LONDON: OPEC and its allies agreed on Thursday to stick to their existing policy of monthly oil output increases...

Published 03 Dec, 2021 04:31am

Markets

OPEC+ agrees to go ahead with oil output rise, as US pressure trumps virus scare

OPEC+ agrees to add another 400,000 bpd in January

Published 02 Dec, 2021 10:21pm

Markets

Oil rebounds on speculation OPEC+ may pause output increase

TOKYO: Oil prices rebounded on Monday as investors looked for bargains after Friday's slump and on speculation that...

Published 29 Nov, 2021 12:26pm

Oil settles down $10/bbl on new variant concerns

NEW YORK: Oil prices plunged $10 a barrel on Friday, their largest one-day drop since April 2020, as a new variant ...

Published 27 Nov, 2021 05:08am

Markets

Oil prices dive to two-month lows on Covid, surplus jitters

LONDON: Oil prices dived more than 5% on Friday, hitting a two-month low as a new Covid-19 variant spooked investors...

Updated 26 Nov, 2021 08:43pm

Markets

Oil tumbles on concerns of surplus supply in Q1, new variant

SINGAPORE: Oil prices slid more than 2% on Friday on concerns that a global supply surplus could swell in the first...

Published 26 Nov, 2021 10:03am

Markets

Oil steady, focus on OPEC+ response to US-led oil release

LONDON: Oil prices steadied on Thursday, as investors eyed how major producers respond to the US-led emergency oil...

Updated 25 Nov, 2021 04:58pm

Markets

Oil steadies as investors question reserve release

NEW YORK: Oil prices were largely steady on Wednesday as investors questioned the effectiveness of a U.S.-led ...

Published 25 Nov, 2021 03:53am

Markets

Oil steady as investors question reserve release

LONDON: Oil prices were steady on Wednesday as investors questioned the effectiveness of a US-led release of oil ...

Published 24 Nov, 2021 07:13pm

Markets

Oil rises 2% to one-week high after US taps emergency reserves

NEW YORK: Oil prices rose to a one-week high on Tuesday after a move by the United States and other consumer nations...

Updated 23 Nov, 2021 09:53pm

Markets

Oil steadies near $80 after US taps emergency reserves

LONDON: Oil prices steadied near $80 a barrel on Tuesday after the United States announced plans to release up to 50...

Published 23 Nov, 2021 06:21pm

Markets

Oil prices rise on reports that OPEC+ could reassess output

NEW YORK: Oil prices rose on Monday, rebounding from recent losses, on reports that OPEC+ could adjust plans to ...

Published 23 Nov, 2021 03:54am

Markets

Oil rises on tight inventories, demand worries limit gains

LONDON: Oil prices rose on Tuesday, supported by the prospect of tight inventories across the globe, although the...

Published 16 Nov, 2021 04:37pm

Markets

Oil prices slide on expectations of higher crude supply

NEW YORK: Crude oil prices fell on Monday on expectations of increasing supply, while the recent surge in energy...

Published 16 Nov, 2021 04:26am

Markets

Oil prices slide as supply boost, weaker demand fears weigh

SINGAPORE: Crude oil prices fell on Monday, under pressure from expectations of increasing supplies and a lower...

Published 15 Nov, 2021 11:41am

Markets

Oil slips after gains on rosier outlook for global economy, fuel demand

TOKYO: Oil prices slipped on Tuesday after two straight sessions of gains as the passage of a US infrastructure ...

Published 09 Nov, 2021 09:30am

Markets

Oil lifted by US spending and plans to address prices

LONDON: Oil prices rose on Monday as positive signs for global economic growth supported the outlook for energy...

Published 09 Nov, 2021 04:48am

Markets

Oil falls to near 4-week low after big build in US inventories

NEW YORK: Oil prices fell to a near four-week low on Wednesday, after U.S. crude stocks rose more than expected, as...

Published 04 Nov, 2021 04:32am

Markets

Oil prices fall as industry data shows big build in US inventory

SINGAPORE: Oil prices fell on Wednesday as industry data pointed to a big build in crude oil and distillate stocks ...

Published 03 Nov, 2021 10:47am

Markets

Oil rises on demand outlook despite China fuel reserves release

NEW YORK: Oil prices rose sharply on Monday as expectations of strong demand and a belief that a key producer group...

Published 02 Nov, 2021 05:20am

Markets

Oil drops on China fuel reserves release; OPEC+ meeting in view

TOKYO: Oil prices dropped on Monday as China's release of gasoline and diesel reserves eased concerns over tight...

Published 01 Nov, 2021 09:21am

Markets

Brent falls to two-week low after inventory shock

TOKYO: Oil prices fell on Wednesday for a second straight day, with Brent hitting its lowest in two weeks after...

Published 28 Oct, 2021 11:22am

Markets

Wall Street in Riyadh sees lingering inflation, oil hitting $100

RIYADH: Top Wall Street firms warned at an investment conference in Riyadh of the risk of a sustained increase in...

Updated 26 Oct, 2021 07:31pm

Markets

Oil gains as traders await stocks data, Iran talks

TOKYO: Oil prices edged higher on Tuesday after trading down earlier, looking set to sustain a rally driven by ...

Published 26 Oct, 2021 11:01am

Markets

Oil prices reach multi-year highs on tight supply

NEW YORK: Oil prices reached multi-year highs on Monday before steadying, as tight global supply and strengthening...

Published 26 Oct, 2021 04:39am

Markets

Oil prices drop; Brent on track for first weekly dip in seven

SINGAPORE: Oil prices fell on Friday with Brent on track for its first weekly dip in seven weeks as demand for oil...

Published 22 Oct, 2021 11:09am

Markets

Global oil prices won't decline until 2023: World Bank

WASHINGTON: The stunning recent run-up in global oil prices could threaten economic growth, and is unlikely to...

Published 21 Oct, 2021 06:57pm

Business & Finance

Oil hits multi-year high above $86, then pulls back

LONDON: Oil hit a three-year high above $86 a barrel on Thursday driven by tight supply and a global energy crunch,...

Published 21 Oct, 2021 04:23pm

Markets

Oil falls as investors take profits, but fuel switching caps losses

TOKYO: Oil prices fell on Thursday as some investors scooped up profits from the recent rally, though solid demand ...

Published 21 Oct, 2021 12:00pm

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Dec 3 Kohinoor Power Company Limited(KOHP)	4.00 ▲ 0.25 (6.67%)
KASB Mod / Dec 3 KASB Modaraba(KASBM)	2.00 ▲ 0.11 (5.82%)
Mod.Al-Mali / Dec 3 Modaraba Al-Mali(MODAM)	9.71 ▲ 0.31 (3.30%)
Matco Foods Ltd / Dec 3 Matco Foods Limited(MFL)	26.83 ▲ 0.82 (3.15%)
K-Electric Ltd. / Dec 3 K-Electric Limited(KEL)	3.20 ▲ 0.09 (2.89%)
Nazir Cotton Mills / Dec 3 Nazir Cotton Mills Limited(NCML)	5.37 ▲ 0.13 (2.48%)
Power Cement / Dec 3 Power Cement Limited(POWER)	6.55 ▲ 0.15 (2.34%)
National Bank / Dec 3 National Bank of Pakistan(NBP)	34.25 ▲ 0.75 (2.24%)
Pak Oilfields / Dec 3 Pakistan Oilfields Limited(POL)	341.99 ▲ 6.88 (2.05%)
Pervez Ahmed Co / Dec 3 Pervez Ahmed Consultancy Services Ltd.(PASL)	1.05 ▲ 0.02 (1.94%)

Stock	Price
Pak Gen.Ins. / Dec 3 The Pakistan General Insurance Co. Ltd.(PKGI)	2.75 ▲ -0.72 (-20.75%)
Kohinoor Textile / Dec 3 Kohinoor Textile Mills Limited(KTML)	55.25 ▲ -4.42 (-7.41%)
Pak Oxygen Ltd. / Dec 3 Pakistan Oxygen Limited(PAKOXY)	142.12 ▲ -7.38 (-4.94%)
Pioneer Cement / Dec 3 Pioneer Cement Limited(PIOC)	79.70 ▲ -3.78 (-4.53%)
Jah.Sidd. Co. / Dec 3 Jahangir Siddiqui & Co. Ltd.(JSCL)	15.00 ▲ -0.69 (-4.40%)
Netsol Tech. / Dec 3 NetSol Technologies Limited(NETSOL)	91.00 ▲ -4.15 (-4.36%)
Maple Leaf / Dec 3 Maple Leaf Cement Factory Limited(MLCF)	32.92 ▲ -1.47 (-4.27%)
Prud Mod.1st / Dec 3 First Prudential Modaraba(PMI)	1.71 ▲ -0.07 (-3.93%)
Octopus Digital / Dec 3 Octopus Digital Limited(OCTOPUS)	62.25 ▲ -2.52 (-3.89%)
Pak Elektron / Dec 3 Pak Elektron Limited(PAEL)	20.70 ▲ -0.73 (-3.41%)

Stock	Volume
TPL Properties / Dec 3 TPL Properties Limited(TPLP)	11,816,000 ▼ 0.00
WorldCall Telecom / Dec 3 Worldcall Telecom Limited(WTL)	6,099,500 ▼ 0.00
Pak Refinery / Dec 3 Pakistan Refinery Limited(PRL)	4,221,000 ▼ 0.00
Telecard Limited / Dec 3 Telecard Limited(TELE)	4,189,500 ▼ 0.00
Unity Foods Ltd / Dec 3 Unity Foods Limited(UNITY)	3,600,974 ▼ 0.00
Byco Petroleum / Dec 3 Byco Petroleum Pakistan Limited(BYCO)	3,452,500 ▼ 0.00
TRG Pak Ltd / Dec 3 TRG Pakistan Limited(TRG)	3,112,347 ▼ 0.00
G3 Tech. / Dec 3 G3 Technologies Limited(GTECH)	2,511,000 ▼ 0.00
Maple Leaf / Dec 3 Maple Leaf Cement Factory Limited(MLCF)	2,419,556 ▼ 0.00
Ghani Glo Hol / Dec 3 Ghani Global Holdings Limited(GGL)	2,179,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 2	176.60
USD PKR Interbank Buying / Dec 2	176.50
USD to Japanese Yen / Dec 2	113.22
USD to Swiss Franc / Dec 2	0.92
Pound Sterling to USD / Dec 2	1.33
Euro to USD / Dec 2	1.13
UK LIBOR % / Dec 2	0.08

Stock	Volume
S&P 500 / Dec 2	4577.10
India Sensex / Dec 2	58461.29
Tokyo Nikkei / Dec 2	27753.37
Nasdaq / Dec 2	15381.32
Hang Seng / Dec 2	23788.93
FTSE 100 / Dec 2	7129.21
Dow Jones / Dec 2	34639.79
Germany DAX 30 / Dec 2	15263.11
France CAC40 / Dec 2	6795.75

Item	Value
Crude Oil / Dec 2	67.53
Karachi Cotton Assoc. / Dec 2	17380.00
Gold 10 Grams / Dec 2	99500.00
Gold Spot / Dec 2	1770.49
Cotton / Dec 2	103.70

Brent crude

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