Trends - Brent crude - Business Recorder

Brent crude

Oil edging higher supported by the prospect of a tight market

HOUSTON: Oil prices edged higher on Friday supported by the prospect of a tight market due to rising gasoline...

Published 28 May, 2022 05:11am

Markets

Brent could push past $150/bbl if Russian oil exports shrink: Bank of America

Global oil benchmark Brent crude could rise past $150 a barrel if there is a sharp contraction in Russian oil...

Published 27 May, 2022 04:49pm

Markets

Oil jumps 3% to 2-month high as EU seeks to ban Russian crude

NEW YORK: Oil prices rose about 3% to a two-month high on Thursday on signs of tight supply ahead of U.S. summer...

Updated 26 May, 2022 10:18pm

Markets

Oil edges higher on tight supply, surge in U.S. refining activity

NEW YORK: Oil prices rose on Wednesday, buoyed by tight supplies and as U.S. refiners drove processing activity to...

Updated 25 May, 2022 08:39pm

Markets

Oil rises on EU’s Russian oil ban effort, demand hopes

LONDON: Oil hit its highest in seven weeks on Tuesday, supported by the European Union’s ongoing push for a ban on...

Updated 17 May, 2022 01:43pm

Markets

Oil prices rise on China demand optimism, gasoline strength

NEW YORK: Oil prices rose on Monday on optimism that China would see significant demand recovery after positive ...

Published 17 May, 2022 05:39am

Markets

Oil jumps 4% as U.S. gasoline prices hit record high, stock markets soar

NEW YORK: Oil prices rose about 4% on Friday as U.S. gasoline prices jumped to an all-time high, stock markets...

Updated 13 May, 2022 10:27pm

Markets

Oil prices tumble over 5pc, weighed down by China lockdowns

NEW YORK: Oil prices sank over 5% on Monday alongside equities, as continued coronavirus lockdowns in China, the top...

Published 10 May, 2022 05:10am

Markets

U.S. fuel prices surge faster than crude as exports tighten market

NEW YORK: U.S. fuel prices have surged faster than crude oil prices in the last month, as the United States has...

Published 06 May, 2022 11:27am

Markets

Oil edges up on supply jitters as EU plans Russian oil ban

NEW YORK: Oil prices were flat to a little higher on Thursday as a stronger US dollar offset supply concerns after...

Updated 05 May, 2022 09:33pm

Markets

Oil jumps 4% as EU proposes ban on Russian oil

LONDON: Oil prices jumped on Wednesday as the European Union, the world’s largest trading bloc, spelled out plans to...

Updated 04 May, 2022 08:07pm

Markets

Oil turns positive on supply concerns, economic data

NEW YORK: Oil prices reversed course to trade in positive territory on Monday on fears supply might be crimped by a...

Published 03 May, 2022 03:47am

Markets

Oil prices rally on report that Germany drops opposition to Russian oil embargo

NEW YORK: Oil prices rallied on Thursday after reports that Germany is no longer opposed to an embargo on Russian...

Updated 28 Apr, 2022 09:40pm

Markets

Oil prices dip as Europe turns away from Russian oil, dollar soars

Oil prices dipped on Wednesday as a soaring dollar made barrels more expensive and Europe’s biggest economy Germany...

Updated 27 Apr, 2022 07:21pm

Markets

Oil rebounds on China’s plans to support its economy

HOUSTON: Oil prices rebounded in volatile trading on Tuesday as the market weighed China’s plans to support its...

Published 27 Apr, 2022 05:19am

Markets

Oil falls on growth concerns, Shanghai lockdown

HOUSTON: Oil slipped on Friday, burdened by the prospect of weaker global growth, higher interest rates and COVID...

Published 23 Apr, 2022 04:45am

Markets

Oil falls on growth concerns, Shanghai lockdown

HOUSTON: Oil slipped on Friday, burdened by the prospect of weaker global growth, higher interest rates and COVID...

Updated 22 Apr, 2022 08:54pm

Markets

Oil edges higher on concerns over Russia, Libya supply disruption

NEW YORK: Oil prices rose on Thursday, buffeted by concerns about tightened supply as the European Union (EU) mulls ...

Published 22 Apr, 2022 05:36am

Markets

Oil rises as investors focus on lower supply from Russia, Libya

LONDON: Oil prices rose on Thursday amid concerns about supply as the European Union (EU) mulls a potential ban on...

Updated 21 Apr, 2022 09:38pm

Markets

Oil slips nearly 1pc on broader demand concerns

NEW YORK: Oil slipped nearly 1% on Wednesday, extending losses for a second day, as broader concerns about economic...

Published 21 Apr, 2022 05:26am

Markets

Oil rebounds as supply concerns dominate

LONDON: Oil prices rebounded on Wednesday as a drop in U.S. oil inventories and concerns over tighter supplies from...

Updated 20 Apr, 2022 08:00pm

Markets

Oil slumps 5% after IMF cuts economic growth outlook

HOUSTON: Oil prices tumbled 5% in volatile trading on Tuesday on demand concerns after the International Monetary...

Updated 19 Apr, 2022 09:55pm

Markets

Oil rises 2pc as Libya outages add to Russia supply fears

NEW YORK: Oil prices rose 2% on Monday, with Brent crude topping $114 a barrel, as outages in Libya deepened concern...

Published 19 Apr, 2022 05:32am

Markets

Oil rises, Brent crude touches $113 as Libya outages add to Russia supply fears

NEW YORK: Oil rose on Monday in choppy trade, with Brent crude topping $113 a barrel, as outages in Libya deepened...

Updated 18 Apr, 2022 09:37pm

Markets

Oil prices fall as market weighs mixed supply signals

LONDON: Oil prices slipped on Thursday in thin trade ahead of a public holiday, as traders weighed a...

Updated 14 Apr, 2022 02:51pm

Markets

Oil prices up over 2pc despite big US crude stock build

NEW YORK: Oil prices rose on Wednesday as investors grew more discouraged about peace talks between Russia and...

Published 14 Apr, 2022 04:55am

Markets

Oil prices extend gains with falling supplies in focus

LONDON: Oil prices rose by more than 2% on Wednesday after Moscow said that peace talks with Ukraine had hit a dead...

Updated 13 Apr, 2022 08:14pm

Markets

Oil rises on Russian oil production constraints

NEW YORK: Oil prices climbed on Tuesday as Russian oil and gas condensate production fell to 2020 lows and OPEC...

Published 13 Apr, 2022 06:03am

Markets

Oil prices set for weekly fall on stockpile releases

HOUSTON: Oil prices were stable on Friday in choppy trading but remained on course for a second weekly fall after...

Published 09 Apr, 2022 04:39am

Markets

Oil rises from 3-week low as supply concerns linger

LONDON: Oil prices rose on Thursday from a three-week low touched in the previous session after consuming nations...

Updated 07 Apr, 2022 07:22pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 28 786 Investments Limited(786)	5.20 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 28 Al-Abbas Sugar Mills Limited(AABS)	294.70 ▼ 0.00 (0.00%)
Agro Allianz / May 28 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 28 Allied Bank Limited(ABL)	70.95 ▼ 0.00 (0.00%)
Abbott Lab. / May 28 Abbott Laboratories (Pakistan) Limited(ABOT)	638.07 ▼ 0.00 (0.00%)
Abson Ind. / May 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 28 Alfalah Consumer Index ETF.(ACIETF)	8.79 ▼ 0.00 (0.00%)
Attock Cement / May 28 Attock Cement Pakistan Limited(ACPL)	82.02 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 28 786 Investments Limited(786)	5.20 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 28 Al-Abbas Sugar Mills Limited(AABS)	294.70 ▼ 0.00 (0.00%)
Agro Allianz / May 28 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 28 Allied Bank Limited(ABL)	70.95 ▼ 0.00 (0.00%)
Abbott Lab. / May 28 Abbott Laboratories (Pakistan) Limited(ABOT)	638.07 ▼ 0.00 (0.00%)
Abson Ind. / May 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 28 Alfalah Consumer Index ETF.(ACIETF)	8.79 ▼ 0.00 (0.00%)
Attock Cement / May 28 Attock Cement Pakistan Limited(ACPL)	82.02 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 27	199.40
USD PKR Interbank Buying / May 27	199.20
USD to Japanese Yen / May 27	127.12
USD to Swiss Franc / May 27	0.96
Pound Sterling to USD / May 27	1.26
Euro to USD / May 27	1.07
UK LIBOR % / May 27	0.82

Stock	Volume
S&P 500 / May 27	4158.24
India Sensex / May 27	54884.66
Tokyo Nikkei / May 27	26781.68
Nasdaq / May 27	12131.13
Hang Seng / May 27	20697.36
FTSE 100 / May 27	7585.46
Dow Jones / May 27	33212.96
Germany DAX 30 / May 27	14462.19
France CAC40 / May 27	6515.75

Item	Value
Crude Oil USD/Barrel / May 27	115.07
Karachi Cotton PKR/37.32 KG / May 27	21180.00
Gold 10 Grams PKR / May 27	122600.00
Gold Spot USD/Ounce / May 27	1853.72
Cotton US¢/pound / May 27	122.95

Brent crude

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