Trends - Brent crude oil - Business Recorder

Brent crude oil

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...

Updated 16 May, 2022 10:36pm

Markets

Brent oil may test resistance at $104.17

SINGAPORE: Brent oil may test a resistance at $104.17 per barrel, a break above which could lead to a gain into...

Published 26 Apr, 2022 09:43am

Markets

Brent oil may fall into $96.93-$99.88 range

SINGAPORE: Brent oil may break a support at $103.09 per barrel and fall into a range of $96.93 to $99.88. Even...

Published 01 Apr, 2022 10:17am

Markets

Oil dips as dollar rises, EU looks less likely to ban Russian oil

NEW YORK: Oil stumbled on Tuesday as the dollar strengthened and it looked unlikely that the European Union would...

Published 23 Mar, 2022 04:58am

Markets

Brent oil may extend gains into $120.73-$123.11 range

SINGAPORE: Brent oil may break a resistance at $117.80 per barrel and extend gains into the range of $120.73 to...

Published 22 Mar, 2022 09:44am

Markets

Oil holds near $100 as Ukraine talks, demand concerns limit gains

Oil steadied above $100 a barrel in a volatile session on Wednesday, as it came under pressure from signs of...

Published 16 Mar, 2022 06:34pm

Markets

Oil rises back above $100, Russia-Ukraine talks limit gain

LONDON: Oil rose almost 3% on Wednesday, back above $100 a barrel, recovering from a decline in the previous session...

Updated 16 Mar, 2022 03:56pm

Markets

Brent oil may consolidate in $106.14-$116.26 range

SINGAPORE: Brent oil may consolidate in a narrow range of $106.14-$116.26 per barrel for one or two days before...

Published 11 Mar, 2022 10:09am

Markets

Brent oil may retest support at $105.14

SINGAPORE: Brent oil may end its weak bounce in the resistance zone of $113.97-$116.26 and retest a support at...

Published 10 Mar, 2022 10:10am

Markets

US oil may seek support at $104.87

SINGAPORE: US oil may seek a support at $104.87 per barrel and stabilize around this level thereafter. The support...

Published 10 Mar, 2022 10:05am

Markets

Oil could hit $200 a barrel, says Rystad Energy

OSLO: Global oil prices could rise to $200 a barrel if Europe and the United States ban imports of Russian oil,...

Published 08 Mar, 2022 08:50pm

Markets

THE RUPEE: PKR declines

KARACHI: Rising oil prices pushed Pakistan’s rupee lower against the US dollar, as the currency registered a...

Published 03 Mar, 2022 04:39am

Markets

Gulf markets gain; Abu Dhabi jumps over 2pc

DUBAI: Major Gulf bourses rose for a third straight session on Tuesday as higher oil prices boosted energy stocks,...

Published 02 Mar, 2022 04:35am

Markets

Petrobras sees record net profit in 2021 at nearly $20bn

RIO DE JANEIRO: Brazilian state-run oil company Petrobras announced Wednesday it posted a record net profit of ...

Published 24 Feb, 2022 11:10am

Markets

Brent oil may retrace further to $94.20

SINGAPORE: Brent oil may retrace further to $94.20 per barrel, following its failure to break a resistance at ...

Published 23 Feb, 2022 11:58am

Markets

Oil hits highest since 2014 on Russia-Ukraine escalation

LONDON: Oil rose to its highest since 2014 on Tuesday after Moscow ordered troops into two breakaway regions in...

Updated 22 Feb, 2022 09:16pm

Markets

Oil edges higher on tight supply and post-pandemic recovery

TOKYO: Oil prices edged higher on Tuesday, trading near seven-year highs hit last week, as investors bet supplies...

Published 01 Feb, 2022 09:54am

Markets

Oil prices fall despite lingering supply concerns

LONDON: Oil prices fell on Friday, pressured by an unexpected rise in U.S. crude and fuel inventories while ...

Published 22 Jan, 2022 05:46am

Markets

Oil tops $83, as Omicron impact expected to be short lived

Oil rose to more than $83 a barrel on Tuesday, supported by tight supply and expectations that rising coronavirus...

Published 11 Jan, 2022 10:33pm

Markets

Oil falls from one-month high after US fuel inventory surge

SINGAPORE: Oil prices lost ground on Thursday, falling more than $1 a barrel from their highest levels in more than ...

Published 06 Jan, 2022 11:14am

Markets

Oil rebounds towards $72 on Omicron hopes and Iran talks

LONDON: Oil climbed by $2 a barrel towards $72 on Monday on hopes that the Omicron coronavirus variant would have a...

Published 07 Dec, 2021 06:29am

Markets

Oil prices retreat in face of supply and demand pressures

LONDON: Oil prices fell on Monday as rising COVID-19 cases in Europe and a potential release of Japanese oil ...

Updated 22 Nov, 2021 05:32pm

Markets

Oil dives over 2pc

NEW YORK: Oil prices fell on Friday below $80 a barrel as surging COVID-19 cases in Europe threatened to slow the...

Published 20 Nov, 2021 03:58am

Markets

European stocks fall at open tracking German deadlock

LONDON: European stock markets fell at the open Tuesday, as traders tracked high oil prices and the political ...

Published 28 Sep, 2021 01:38pm

Markets

Oil prices jump over $2/bbl after drawdown in US stocks

US crude, fuel stockpiles fall in wake of Hurricane Ida -EIA
Vaccines set to unleash pent-up oil demand, IEA says
China's daily oil refinery output hits 15-month low in August

Updated 15 Sep, 2021 08:40pm

Markets

Oil steadies near $71 after two-day rally

Oil edges higher after sharp gains this week
Mexico to resume output at fire-hit platform by Aug. 30
API data shows smaller-than-expected fall in US stocks

Published 25 Aug, 2021 07:08pm

Markets

Oil rises as full US clearance for COVID-19 vaccine stokes fuel demand hopes

Brent crude oil futures gained 21 cents, or 0.3%, to $68.96 a barrel by 0454 GMT, while US West Texas Intermediate (WTI) crude futures increased by 14 cents, or 0.2%, to $65.78 a barrel

Published 24 Aug, 2021 10:18am

Markets

US oil may rise towards $70.15-$70.77 range

The correction from $76.98 may have ended if it only has three waves

Published 12 Aug, 2021 11:07am

Markets

Oil rises as market shrugs off virus impact

Brent crude was up $1.06, or 1.5%, at $70.10 a barrel by 1134 GMT, and US oil rose $1.29 cents, or 1.9%, to $67.77 a barrel

Published 10 Aug, 2021 06:11pm

Markets

US oil may retest support at $65.46

The reversal of the uptrend from $33.64 has been more or less confirmed. A retracement analysis on the trend suggests a target zone from $55.31-$60.42

Published 10 Aug, 2021 11:22am

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 26 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 26 Al-Abbas Sugar Mills Limited(AABS)	270.00 ▼ 0.00 (0.00%)
Agro Allianz / May 26 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 26 Allied Bank Limited(ABL)	75.50 ▼ 0.00 (0.00%)
Abbott Lab. / May 26 Abbott Laboratories (Pakistan) Limited(ABOT)	640.70 ▼ 0.00 (0.00%)
Abson Ind. / May 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 26 Alfalah Consumer Index ETF.(ACIETF)	9.39 ▼ 0.00 (0.00%)
Attock Cement / May 26 Attock Cement Pakistan Limited(ACPL)	81.46 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 26 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 26 Al-Abbas Sugar Mills Limited(AABS)	270.00 ▼ 0.00 (0.00%)
Agro Allianz / May 26 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 26 Allied Bank Limited(ABL)	75.50 ▼ 0.00 (0.00%)
Abbott Lab. / May 26 Abbott Laboratories (Pakistan) Limited(ABOT)	640.70 ▼ 0.00 (0.00%)
Abson Ind. / May 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 26 Alfalah Consumer Index ETF.(ACIETF)	9.39 ▼ 0.00 (0.00%)
Attock Cement / May 26 Attock Cement Pakistan Limited(ACPL)	81.46 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 26	201.80
USD PKR Interbank Buying / May 26	201.30
USD to Japanese Yen / May 26	127.41
USD to Swiss Franc / May 26	0.96
Pound Sterling to USD / May 26	1.26
Euro to USD / May 26	1.07
UK LIBOR % / May 26	0.82

Stock	Volume
S&P 500 / May 26	3978.73
India Sensex / May 26	53749.26
Tokyo Nikkei / May 26	26653.80
Nasdaq / May 26	11434.74
Hang Seng / May 26	19952.81
FTSE 100 / May 26	7522.75
Dow Jones / May 26	32120.28
Germany DAX 30 / May 26	14007.93
France CAC40 / May 26	6298.64

Item	Value
Crude Oil USD/Barrel / May 26	110.44
Karachi Cotton PKR/37.32 KG / May 26	21180.00
Gold 10 Grams PKR / May 26	120700.00
Gold Spot USD/Ounce / May 26	1849.73
Cotton US¢/pound / May 26	122.20

Brent crude oil

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