Trends - Brent crude - Business Recorder

Brent crude

Oil prices climb focus on OPEC

NEW YORK: Oil prices jumped over 2% on Tuesday on the possibility OPEC+ will extend or deepen supply cuts, a...

Published 29 Nov, 2023 05:09am

Markets

Oil prices rise over 2%; focus on OPEC+, storm-hit Kazakh output

NEW YORK: Oil prices jumped over 2% on Tuesday on the possibility OPEC+ will extend or deepen supply cuts, a...

Updated 28 Nov, 2023 09:37pm

Markets

Oil prices dive on US crude build and China concerns

Oil prices fell more than $3 a barrel on Thursday, extending losses from the previous session, as investors in New...

Updated 16 Nov, 2023 09:58pm

Markets

Oil climbs as IEA lifts demand growth forecast, US inflation cools

LONDON: Oil prices firmed on Tuesday after the International Energy Agency (IEA) raised its demand growth forecasts,...

Updated 14 Nov, 2023 08:39pm

Markets

Oil steady on caution over demand outlook and Fed rates

LONDON: Oil prices held steady on Monday, with market caution heightened by waning demand in the United States and...

Updated 13 Nov, 2023 06:48pm

Markets

Oil set for third weekly decline as demand worries weigh

LONDON: Oil prices rose on Friday but are set to fall for a third week amid signs of slowing demand and as market...

Updated 10 Nov, 2023 09:04pm

Markets

Brent oil hovers above $80 after this week's downward spiral

LONDON: The Brent crude oil benchmark hovered above $80 a barrel on Thursday, with demand concerns and a waning...

Updated 09 Nov, 2023 08:07pm

Markets

Oil prices fall on demand concerns

BENGALURU: Oil prices fell about 3% to their lowest since late August on Tuesday, as demand concerns arose from ...

Updated 08 Nov, 2023 06:57am

Markets

Oil prices at 2-1/2 month lows as China data offset supply cuts

LONDON: Oil prices hit fresh 2-1/2-month lows on Tuesday as mixed economic data from China offset the impact of...

Updated 07 Nov, 2023 07:18pm

Markets

Oil heads for weekly losses as Mideast worries ease, China demand uncertain

SINGAPORE: Oil prices were little changed on Friday, but headed for a second week of losses as supply concerns...

Updated 03 Nov, 2023 03:06pm

Markets

Oil rises 1% after Fed, BoE keep rates unchanged

LONDON: Oil gained 1% on Thursday to snap a three-day decline as risk appetite returned to financial markets after...

Updated 02 Nov, 2023 07:00pm

Markets

Oil slightly up as further ECB rate hikes unlikely

HOUSTON: Oil prices edged higher on Tuesday as a drop in euro zone inflation buoyed hopes that the European Central...

Published 01 Nov, 2023 05:57am

Markets

Oil edges higher as further ECB rate hikes unlikely

HOUSTON: Oil prices edged higher on Tuesday as a drop in euro zone inflation buoyed hopes that the European Central...

Updated 31 Oct, 2023 09:50pm

Markets

Oil falls over 3% as concerns about Mideast supply ease

HOUSTON: Oil slipped more than 3% on Monday with U.S. crude oil futures falling more than $3 a barrel as fears eased...

Updated 30 Oct, 2023 09:03pm

Markets

Oil rises more than $1 on fears of spread of Middle East conflict

SINGAPORE: Oil prices rose by over $1 on Friday as reports that the U.S military struck Iranian targets in Syria...

Published 27 Oct, 2023 09:46am

Markets

Oil falls after US stockpiles climb, Middle East tensions in focus

SINGAPORE: Oil prices fell on Thursday after a rise in US crude stockpiles and a climb in the dollar index, giving...

Updated 26 Oct, 2023 12:41pm

Markets

Oil prices fall after weak European economic data

BENGALURU: Oil prices fell on Tuesday for the third straight session, after a flurry of slow economic data from...

Published 25 Oct, 2023 06:19am

Markets

Oil drops over 2pc as diplomatic moves in Gaza war ease supply

NEW YORK: Oil prices fell over 2% on Monday as diplomatic efforts in the Middle East intensified in an attempt to...

Published 24 Oct, 2023 05:05am

Markets

Oil prices fall ahead of Biden Middle East trip

NEW YORK: Oil prices edged lower on Tuesday as investors wait to see if US diplomatic efforts and a trip by ...

Published 18 Oct, 2023 06:09am

Markets

Oil rises about 1% despite surge in US crude stockpiles

NEW YORK: Oil prices rose on Thursday on expectations that U.S. interest rates had peaked, but gains were capped by...

Updated 12 Oct, 2023 09:21pm

Markets

Oil prices surge 4% on worries of escalation in Middle East conflict

HOUSTON: Oil prices surged 4% on Monday, recouping some of the steep losses last week, as clashes between Israel and...

Updated 09 Oct, 2023 08:31pm

Markets

Oil prices hold steady, Russia rolls back diesel export ban

LONDON: Oil prices were stable but on course for a week-on-week loss, as demand fears due to macroeconomic headwinds...

Published 08 Oct, 2023 03:12am

Markets

Cnergyico imports Pakistan’s first private-sector Russian crude cargo

KARACHI: Pakistan refiner Cnergyico has imported the country’s first private-sector shipment of Russian crude oil,...

Updated 02 Oct, 2023 03:50pm

Business & Finance

Nearby Brent crude spread hits 2023 high on tight supply

LONDON: The spread between the front and second month contract for global oil benchmark Brent has widened to its...

Published 29 Sep, 2023 06:24am

Markets

Oil prices edge higher as economic outlook balances tight supply

NEW YORK: Oil prices edged higher on Tuesday after reaching a two-week low earlier in the session, as investors...

Updated 26 Sep, 2023 08:44pm

Markets

Oil prices nearly flat as Russia eases fuel export

NEW YORK: Oil prices were nearly flat in choppy trade on Monday as Russia relaxed its fuel ban, after earlier gains...

Published 26 Sep, 2023 06:33am

Markets

Oil prices rise as Russia fuel export ban stokes supply concerns

LONDON: Oil prices rose on Friday as renewed global supply concerns from Russia’s fuel export ban counteracted...

Updated 22 Sep, 2023 05:49pm

Markets

Oil prices eased ahead of Fed rate decision

NEW YORK: Oil prices eased on Wednesday ahead of the US Federal Reserve’s interest rate decision, with investors...

Published 21 Sep, 2023 06:08am

Markets

Oil prices hit 10-month highs on mounting supply concerns

Oil prices jumped over 1% on Tuesday to 10-month highs, as weak U.S. shale output compounded supply concerns from...

Updated 19 Sep, 2023 08:57pm

Markets

Oil prices extend gains toward $95 on tight supply

HOUSTON: Global oil benchmark Brent crude neared $95 a barrel on Monday, with investors focused on the prospect of a...

Published 19 Sep, 2023 06:31am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 29 786 Investments Limited(786)	5.61 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 29 Al-Abbas Sugar Mills Limited(AABS)	513.38 ▼ 0.00 (0.00%)
Agro Allianz / Nov 29 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Nov 29 Allied Bank Limited(ABL)	82.39 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 29 Abbott Laboratories (Pakistan) Limited(ABOT)	475.95 ▼ 0.00 (0.00%)
Abson Ind. / Nov 29 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 29 Alfalah Consumer Index ETF.(ACIETF)	10.21 ▼ 0.00 (0.00%)
Attock Cement / Nov 29 Attock Cement Pakistan Limited(ACPL)	92.22 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 29 786 Investments Limited(786)	5.61 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 29 Al-Abbas Sugar Mills Limited(AABS)	513.38 ▲ 0.00 (0.00%)
Agro Allianz / Nov 29 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 29 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 29 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Nov 29 Allied Bank Limited(ABL)	82.39 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 29 Abbott Laboratories (Pakistan) Limited(ABOT)	475.95 ▲ 0.00 (0.00%)
Abson Ind. / Nov 29 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 29 Alfalah Consumer Index ETF.(ACIETF)	10.21 ▲ 0.00 (0.00%)
Attock Cement / Nov 29 Attock Cement Pakistan Limited(ACPL)	92.22 ▲ 0.00 (0.00%)

Stock	Volume
Kohinoor Spining / Nov 29 Kohinoor Spinning Mills Limited(KOSM)	79,242,500 ▲ 0.00
WorldCall Telecom / Nov 29 Worldcall Telecom Limited(WTL)	57,449,984 ▲ 0.00
B.O.Punjab / Nov 29 The Bank of Punjab(BOP)	44,327,667 ▲ 0.00
Cnergyico PK / Nov 29 Cnergyico PK Limited(CNERGY)	31,321,478 ▲ 0.00
Treet Corp. (R) / Nov 29 Treet Corporation Limited (R)(TREETR2)	27,240,170 ▲ 0.00
Pak Refinery / Nov 29 Pakistan Refinery Limited(PRL)	23,647,647 ▲ 0.00
Ghani Chem. Ind. / Nov 29 Ghani Chemical Industries Limited(GCIL)	15,398,500 ▲ 0.00
TPL Properties / Nov 29 TPL Properties Limited(TPLP)	14,283,958 ▲ 0.00
Oil & Gas Dev. / Nov 29 Oil & Gas Development Company Limited(OGDC)	12,904,027 ▲ 0.00
The Searle Co. / Nov 29 The Searle Company Limited(SEARL)	12,454,526 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 28	285.85
USD PKR Interbank Buying / Nov 28	285.35
USD to Japanese Yen / Nov 28	147.02
USD to Swiss Franc / Nov 28	0.88
Pound Sterling to USD / Nov 28	1.27
Euro to USD / Nov 28	1.10
UK LIBOR % / Nov 28	5.46

Stock	Volume
S&P 500 / Nov 28	4554.89
India Sensex / Nov 28	66174.20
Tokyo Nikkei / Nov 28	33283.70
Nasdaq / Nov 28	14281.76
Hang Seng / Nov 28	17354.14
FTSE 100 / Nov 28	7455.24
Dow Jones / Nov 28	35416.98
Germany DAX 30 / Nov 28	15992.67
France CAC40 / Nov 28	7250.13

Item	Value
Crude Oil USD/Barrel / Nov 28	76.66
Karachi Cotton PKR/37.32 KG / Nov 28	17735
Gold 10 Grams PKR / Nov 28	185614
Gold Spot USD/Ounce / Nov 28	2045.04
Cotton US¢/pound / Nov 28	79.60

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