Trends - Brent crude oil - Business Recorder

Brent crude oil

Oil slips as weak China data offsets tightening supply

NEW YORK: Oil prices fell by about 1% on Tuesday after data showed China’s crude imports and exports fell much more...

Updated 08 Aug, 2023 09:16pm

Markets

Oil dips after sustained rally bolstered by supply cuts

LONDON: Oil prices edged lower following a protracted rally, helped by top producers Saudi Arabia and Russia...

Updated 07 Aug, 2023 05:06pm

Markets

Oil rises as Saudi Arabia extends cuts again

LONDON: Oil prices jumped on Thursday after Saudi Arabia extended its voluntary one million barrel per day output...

Updated 03 Aug, 2023 09:31pm

Markets

Oil prices rise as US inventory data reflect robust demand

LONDON: Oil prices surged on Wednesday, trading near their highest levels since April, buoyed by crude and fuel...

Updated 02 Aug, 2023 03:35pm

Markets

Oil dips on stronger dollar, signs of profit-taking

HOUSTON: Oil prices edged lower on Tuesday on a stronger dollar and signs of profit-taking, after rallying in July...

Published 02 Aug, 2023 06:47am

Markets

Oil dips but on track for fifth week of gains

NEW YORK: Oil prices edged lower on Friday, but were on track for a fifth straight week of gains as investors were...

Published 31 Jul, 2023 06:43am

Markets

China’s June imports of Russian crude jump to record 2.56mn bpd

BEIJING: China’s imports of crude oil from Russia hit an all-time high in June, Chinese government data showed on...

Published 20 Jul, 2023 09:35am

Markets

Oil edges higher on lower US crude stocks, cautious outlook

LONDON: Oil prices crept higher on Thursday as a lower-than-expected drop in US crude inventories and a weaker...

Updated 20 Jul, 2023 05:36pm

Markets

India’s Russian oil imports hit new high in June, but growth slows: trade

NEW DELHI: India’s imports of Russian oil edged up to an all-time high in June, though growing at the slowest pace...

Published 19 Jul, 2023 06:09pm

Markets

Oil prices rise as US supply tightens, inflation worries ease

NEW YORK: Oil prices gained on Wednesday, buoyed by tighter U.S. crude supplies, China’s pledge to reinvigorate its...

Updated 19 Jul, 2023 09:34pm

Markets

Oil steadies as investors eye US crude supplies

LONDON: Oil prices were little changed on Tuesday as investors weighed a possible tightening of U.S. crude supplies...

Updated 18 Jul, 2023 09:42pm

Markets

Oil slides more than 1% as Chinese GDP dents demand hopes

LONDON: Oil dropped by more than 1% on Monday after weaker than expected Chinese economic growth fuelled concern...

Updated 17 Jul, 2023 05:56pm

Markets

Oil prices drop on profit-taking, still headed for weekly gain

BENGALURU: Oil prices fell more than a dollar a barrel on Friday as the dollar strengthened and oil traders booked...

Updated 14 Jul, 2023 09:14pm

Markets

Oil stuck between supply strains and economic doubt

LONDON: Oil prices were little changed on Wednesday in a market caught between expectations supply cuts by the...

Updated 12 Jul, 2023 05:55pm

Markets

Oil prices up 2% to 10-week high on weaker US dollar, rising demand forecasts

NEW YORK: Oil prices jumped about 2% to a 10-week high on Tuesday, boosted by a falling U.S. dollar, hopes for...

Updated 11 Jul, 2023 09:52pm

Markets

Oil dips on Chinese and US data, but OPEC+ cuts limit fall

LONDON: Oil prices dipped on Monday after weak economic data from top consumers the United States and China, though...

Updated 10 Jul, 2023 08:17pm

Markets

Oil prices set for second straight weekly gain after US data

LONDON: Oil prices rose on Friday and were on track for their second straight weekly gain, as resilient demand...

Updated 07 Jul, 2023 03:16pm

Basis for fixation of base tariff: Rupee could hit 325 mark vs dollar by June 2024: PD

ISLAMABAD: The Power Division is said to have projected that Pak rupee could touch Rs 325 per US$ by June 2024,...

Updated 07 Jul, 2023 09:03am

Markets

UAE climate chair urges oil firms to slash emissions

PARIS: The Emirati oil executive chairing this year’s UN climate summit, Sultan Al Jaber, told private and national...

Published 06 Jul, 2023 04:48pm

Markets

Oil drops 1% as market frets about risk of US rate hike

NEW YORK: Oil prices fell over 1% on Thursday as the market digested the higher likelihood of a U.S. interest rate...

Updated 06 Jul, 2023 09:01pm

Markets

Oil prices rise ahead of U.S. holiday demand indicators

BENGALURU: U.S. crude oil gained 3% on Wednesday, narrowing the price gap with global benchmark Brent in a...

Updated 05 Jul, 2023 09:18pm

Markets

Oil up as market weighs supply cuts against gloomy economic outlook

LONDON: Oil prices ticked higher on Tuesday as markets weighed supply cuts for August by top exporters Saudi Arabia...

Updated 04 Jul, 2023 05:54pm

Markets

Saudi Arabia extends extra 1 mbpd oil output cut to August

DUBAI: Saudi Arabia said on Monday it would extend its voluntary oil output cut of one million barrels per day (bpd)...

Published 03 Jul, 2023 03:31pm

Markets

Russia to cut oil exports by 500,000 bpd in August, Novak says

MOSCOW: Russia will cut oil exports by 500,000 barrels per day in August, President Vladimir Putin’s point man on...

Published 03 Jul, 2023 03:07pm

Markets

Oil rallies on Saudi and Russian supply cuts for August

LONDON: Oil rose on Monday after top exporters Saudi Arabia and Russia announced supply cuts for August,...

Updated 03 Jul, 2023 06:01pm

Markets

Oil heads for fourth straight quarterly decline

LONDON: Oil prices declined towards $74 a barrel on Friday and were on course for a fourth consecutive quarter of...

Updated 30 Jun, 2023 05:28pm

Markets

Oil prices fall on concerns of slow fuel demand, weak China data

TOKYO: Oil prices fell on Thursday, paring some of the previous day’s gains, as investors took profits on concerns...

Updated 29 Jun, 2023 03:22pm

Markets

Oil rises as US inventory drop offsets rate hike fears

LONDON: Oil rallied on Wednesday after an industry report of a larger-than-expected drop in US crude inventories...

Updated 28 Jun, 2023 02:43pm

Markets

Oil markets shrug off Russian political turmoil

LONDON: Oil prices were steady on Monday, with political instability from an aborted revolt by Russian mercenaries...

Updated 26 Jun, 2023 07:14pm

Markets

Oil dips on demand worries as more rate hikes likely

HOUSTON: Oil prices fell on Friday, headed for a weekly decline as traders worried interest rate hikes could sap...

Published 26 Jun, 2023 06:38am

Gainers
Losers
Leaders

Stock	Price
Pak Gulf Leasing / Sep 28 Pak-Gulf Leasing Company Limited(PGLC)	5.45 ▲ 0.95 (21.11%)
Chakwal Spinning / Sep 28 Chakwal Spinning Mills Limited(CWSM)	1.42 ▲ 0.24 (20.34%)
Dandot Cement / Sep 28 Dandot Cement Company Limited(DNCC)	10.29 ▲ 0.99 (10.65%)
Abdullah Shah / Sep 28 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.49 ▲ 0.45 (8.93%)
Universal Ins. / Sep 28 The Universal Insurance Company Limited(UVIC)	3.80 ▲ 0.29 (8.26%)
Shakarganj / Sep 28 Shakarganj Limited(SML)	37.42 ▲ 2.61 (7.50%)
Int. Knit. / Sep 28 International Knitwear Limited(INKL)	14.47 ▲ 0.97 (7.19%)
JDW Sugar / Sep 28 JDW Sugar Mills Limited(JDWS)	374 ▲ 24.00 (6.86%)
First Tri-Star Mod. / Sep 28 First Tri-Star Modaraba(FTSM)	16 ▲ 1.00 (6.67%)
PICIC Ins.Ltd. / Sep 28 PICIC Insurance Limited(PIL)	0.86 ▲ 0.05 (6.17%)

Stock	Price
F.Treet Manuf / Sep 28 First Treet Manufacturing Modaraba(FTMM)	3.20 ▼ -0.69 (-17.74%)
SME Leasing Ltd / Sep 28 SME Leasing Limited(SLL)	2 ▼ -0.40 (-16.67%)
Pak Oilfields / Sep 28 Pakistan Oilfields Limited(POL)	389.40 ▼ -50.09 (-11.40%)
Shadab Textile / Sep 28 Shadab Textile Mills Limited(SHDT)	10.72 ▼ -1.00 (-8.53%)
Kohat Textile / Sep 28 Kohat Textile Mills Limited(KOHTM)	11.30 ▼ -0.95 (-7.76%)
Zahid Jee Textile / Sep 28 Zahidjee Textile Mills Limited(ZAHID)	24.80 ▼ -2.00 (-7.46%)
Masood Textile / Sep 28 Masood Textile Mills Limited(MSOT)	41.65 ▼ -3.21 (-7.16%)
786 Invest Ltd / Sep 28 786 Investments Limited(786)	5.02 ▼ -0.38 (-7.04%)
Arif Habib Corp / Sep 28 Arif Habib Corporation Limited(AHCL)	24.40 ▼ -1.60 (-6.15%)
Ismail Ind. / Sep 28 Ismail Industries Limited(ISIL)	650 ▼ -40.69 (-5.89%)

Stock	Volume
Maple Leaf Cement / Sep 28 Maple Leaf Cement Factory Limited(MLCF)	11,085,943 ▼ -0.14
Pak Petroleum / Sep 28 Pakistan Petroleum Limited(PPL)	9,115,995 ▲ 0.05
Agritech Limited / Sep 28 Agritech Limited(AGL)	7,352,000 ▲ 0.31
WorldCall Telecom / Sep 28 Worldcall Telecom Limited(WTL)	7,096,855 ▲ 0.00
P.I.A.C.(A) / Sep 28 Pakistan International Airlines Corp(PIAA)	6,933,000 ▲ 0.15
Oil & Gas Dev. / Sep 28 Oil & Gas Development Company Limited(OGDC)	6,830,288 ▼ -0.41
Dewan Motors / Sep 28 Dewan Farooque Motors Limited(DFML)	6,537,980 ▲ 0.00
Bankislami Pak. / Sep 28 BankIslami Pakistan Limited(BIPL)	6,477,203 ▼ -0.05
B.O.Punjab / Sep 28 The Bank of Punjab(BOP)	6,308,530 ▼ -0.03
Fauji Foods Ltd / Sep 28 Fauji Foods Limited(FFL)	5,401,436 ▲ 0.19

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 28	288.03
USD PKR Interbank Buying / Sep 28	287.73
USD to Japanese Yen / Sep 28	149.36
USD to Swiss Franc / Sep 28	0.92
Pound Sterling to USD / Sep 28	1.21
Euro to USD / Sep 28	1.05
UK LIBOR % / Sep 27	5.43

Stock	Volume
S&P 500 / Sep 27	4274.51
Nasdaq / Sep 27	13092.85
FTSE 100 / Sep 27	7593.22
Dow Jones / Sep 27	33550.27
Germany DAX 30 / Sep 27	15217.45
France CAC40 / Sep 27	7071.79
India Sensex / Sep 28	66115.09
Tokyo Nikkei / Sep 28	31744.50
Hang Seng / Sep 28	17429.46

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 27	17935
Gold 10 Grams PKR / Sep 27	174950
Crude Oil USD/Barrel / Sep 28	94.58
Gold Spot USD/Ounce / Sep 28	1874.97
Cotton US¢/pound / Sep 28	88.65

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