Trends - Brent crude oil - Business Recorder

Brent crude oil

Oil climbs on supply disruptions, China optimism

LONDON: Oil extended gains on Tuesday on supply disruptions and as COVID restrictions eased in China, the world’s...

Updated 13 Dec, 2022 05:43pm

Markets

Brent oil may rise into $78.30-$79.44 range

Brent oil may rise into a range of $78.30-$79.44 per barrel, following the completion of a five-wave cycle from...

Published 12 Dec, 2022 09:49am

Markets

Oil steadies after falls as weak economy offsets supply risks

LONDON: Oil prices steadied on Monday after several weeks of declines as a weakening global economy offset supply...

Updated 12 Dec, 2022 06:53pm

Markets

Oil set for 10% weekly drop as demand worries dominate

Oil prices were stable on Friday, although both benchmarks headed for a weekly loss on worries over weak economic...

Updated 09 Dec, 2022 06:20pm

Oil prices down

NEW YORK: Oil prices edged lower on Thursday on the prospect of a major crude pipeline that shut after a leak...

Published 09 Dec, 2022 05:58am

Markets

What happened to the 2022 global oil rally?

Crude oil futures spent much of 2022 surging, as demand for transportation fuels to travel returned while Russia’s...

Published 08 Dec, 2022 11:43am

Markets

Brent oil may bounce into $78.30-$79.44 range

Brent oil may bounce into a range of $78.30-$79.44 per barrel, due to the completion of a five-wave cycle from...

Published 08 Dec, 2022 10:23am

Markets

Brent oil may break $78.30 and fall towards $76.45

Brent oil may test a support at $78.30 per barrel, with a good chance of breaking below this level and falling to...

Published 07 Dec, 2022 11:41am

Oil prices slump to pre-Ukraine crisis levels

NEW YORK: US oil prices fell in frenzied trading on Tuesday to their lowest settlement levels this year, with Brent...

Updated 07 Dec, 2022 09:52am

Markets

Brent oil may bounce into $84.16-$85.26 range before falling

Brent oil may bounce moderately into a range of $84.16-$85.26 per barrel before resuming its fall towards the Nov....

Published 06 Dec, 2022 09:31am

Oil falls nearly 3pc after data raises Fed interest rate worries

NEW YORK: Oil prices fell nearly 3% on Monday, following US stock markets lower, after US service sector data raised...

Published 06 Dec, 2022 05:58am

Markets

Global oil market signals short-term weakness ahead of EU ban on Russian oil

The global oil market is signaling a potential shift, as traders and analysts worry about reduced crude demand and ...

Published 28 Nov, 2022 11:17am

Markets

Brent oil to fall sharply into $76.45-$78.30 range

Brent oil is expected to fall into a range of $76.45-$78.30 per barrel, driven by a powerful wave e. This is the...

Published 28 Nov, 2022 09:44am

Markets

Oil falls to near year’s lows on China demand worries

Oil prices slid on Monday, falling close to their lowest level this year, as street protests against strict COVID-19...

Updated 28 Nov, 2022 09:14pm

Markets

Brent oil to revisit Monday low of $82.31

Brent oil is expected to revisit its Monday low of $82.31 per barrel, probably after a moderate consolidation above...

Published 24 Nov, 2022 12:05pm

Markets

Oil drops as price cap proposal eases supply concerns

LONDON: Oil prices fell on Thursday, hovering around two-month lows as the level of a proposed G7 cap on the price...

Updated 24 Nov, 2022 06:41pm

Markets

Oil prices fall more than 3% on Russian oil price cap talks

LONDON: Oil prices fell by more than $2 a barrel on Wednesday as the Group of Seven (G7) nations looked at a price...

Updated 23 Nov, 2022 08:09pm

Oil rises as OPEC+ focus on supply cuts outweighs recession concerns

LONDON: Oil rose on Tuesday after top exporter Saudi Arabia said OPEC+ was sticking with output cuts and could take...

Updated 23 Nov, 2022 09:30am

Markets

Oil jumps 3% as China eases COVID curbs in potential boost to demand

LONDON: Oil prices jumped by more than 3% on Friday after health authorities in China eased some of the country’s...

Updated 11 Nov, 2022 09:22pm

Markets

Brent oil may retrace into $95.77 to $96.77 range

Brent oil may retrace into a range of $95.77 to $96.77 per barrel, following its failure to break a resistance zone...

Published 08 Nov, 2022 10:45am

Markets

Oil prices dip on China demand worries, U.S. midterm elections

Oil prices dipped on Tuesday on growing worries about fuel demand as COVID-19 outbreaks worsened in top crude...

Updated 08 Nov, 2022 10:06pm

Markets

Brent oil may consolidate in $96.32-$98.10 range

Brent oil may consolidate in a range of $96.32 to $98.10 per barrel for one or two days before falling towards...

Published 07 Nov, 2022 10:30am

Markets

Oil slips but holds near $100 a barrel as dollar weakens

LONDON: Oil prices edged lower on Monday on demand concerns linked to China’s stringent COVID containment policy but...

Updated 07 Nov, 2022 06:43pm

Markets

Oil climbs 4% as dollar slips and EU ban looms

LONDON: Oil prices rose by 4% on Friday as the dollar eased, with an EU ban on Russian oil looming large and...

Updated 04 Nov, 2022 07:02pm

Markets

Brent oil may retest resistance at $96.11

Brent oil may retest a resistance at $96.11 per barrel, with a good chance of breaking above this level and rising...

Published 03 Nov, 2022 09:21am

Markets

Brent oil may drop into $93.91-$94.62 range

Brent oil may drop into a range of $93.91-$94.62 per barrel, as a bounce from $88.77 may have completed. The bounce...

Published 31 Oct, 2022 10:23am

Markets

Brent oil may retrace towards $94.54-$94.89 range

Brent oil may retrace towards a support zone of $94.54-$94.89 per barrel, as it faces a resistance at $96.32. The...

Published 27 Oct, 2022 10:13am

Markets

Oil prices up on surging US exports, refining demand, weak dollar

NEW YORK: Oil prices surged on Wednesday as US crude exports hit an all-time high and as the nation’s refiners...

Updated 26 Oct, 2022 08:22pm

Markets

Brent oil neutral in a range of $92.33-$94.54

Brent oil looks neutral in a range of $92.33-$94.54 per barrel, and an escape could suggest a direction. A break...

Published 25 Oct, 2022 12:35pm

Markets

Oil gains on weaker U.S. business activity, but Chinese demand data weighs

NEW YORK: Oil edged up in choppy trade on Monday, as weakening U.S. business activity data eased expectations for...

Updated 24 Oct, 2022 08:08pm

Gainers
Losers
Leaders

Stock	Price
Punjab Mod / Jun 5 First Punjab Modaraba(FPJM)	1.41 ▲ 0.19 (15.57%)
Pak. P.V.C. / Jun 5 Pakistan PVC Limited(PPVC)	4.82 ▲ 0.61 (14.49%)
Hussain Industries / Jun 5 Husein Industries Limited(HUSI)	11.49 ▲ 0.99 (9.43%)
Gammon Pak / Jun 5 Gammon Pakistan Limited(GAMON)	5.30 ▲ 0.40 (8.16%)
Sui South Gas / Jun 5 Sui Southern Gas Company Limited(SSGC)	9.66 ▲ 0.70 (7.81%)
HI-Tech Lub. / Jun 5 Hi-Tech Lubricants Limited(HTL)	23.47 ▲ 1.64 (7.51%)
Atlas Battery / Jun 5 Atlas Battery Limited(ATBA)	224.16 ▲ 15.64 (7.50%)
Century Paper / Jun 5 Century Paper & Board Mills Limited(CEPB)	55.60 ▲ 3.88 (7.50%)
Dawood Lawrencepur / Jun 5 Dawood Lawrencepur Limited(DLL)	258 ▲ 18.00 (7.50%)
Exide (PAK) / Jun 5 Exide Pakistan Limited(EXIDE)	274.59 ▲ 19.16 (7.50%)

Stock	Price
Unicap Modaraba / Jun 5 Unicap Modaraba(UCAPM)	1.70 ▼ -0.67 (-28.27%)
Pak Gulf Leasing / Jun 5 Pak-Gulf Leasing Company Limited(PGLC)	6.50 ▼ -0.99 (-13.22%)
Mehran Sugar / Jun 5 Mehran Sugar Mills Limited(MRNS)	38 ▼ -5.00 (-11.63%)
Rafhan Maize / Jun 5 Rafhan Maize Products Company Limited(RMPL)	8332 ▼ -1059.00 (-11.28%)
Diamond Ind. / Jun 5 Diamond Industries Limited(DIIL)	30.62 ▼ -2.48 (-7.49%)
Gillette Pak / Jun 5 Gillette Pakistan Limited(GLPL)	109.08 ▼ -8.82 (-7.48%)
John&Philips / Jun 5 Johnson & Phillips (Pakistan) Limited(JOPP)	35.02 ▼ -2.83 (-7.48%)
Indus Dyeing / Jun 5 Indus Dyeing & Manufacturing Co. Limited(IDYM)	126 ▼ -9.06 (-6.71%)
Ruby Textile / Jun 5 Ruby Textile Mills Limited(RUBY)	3.13 ▼ -0.21 (-6.29%)
Reliance Ins. / Jun 5 Reliance Insurance Company Limited(RICL)	7.27 ▼ -0.48 (-6.19%)

Stock	Volume
WorldCall Telecom / Jun 5 Worldcall Telecom Limited(WTL)	16,776,521 ▼ -0.02
Pak Int.Bulk / Jun 5 Pakistan International Bulk Terminal(PIBTL)	10,345,500 ▲ 0.10
Sui North Gas / Jun 5 Sui Northern Gas Pipelines Limited(SNGP)	9,748,618 ▲ 2.54
Pak Petroleum / Jun 5 Pakistan Petroleum Limited(PPL)	9,220,831 ▲ 3.59
Oil & Gas Dev. / Jun 5 Oil & Gas Development Company Limited(OGDC)	8,432,214 ▲ 3.17
D.G.K.Cement / Jun 5 D.G. Khan Cement Company Limited(DGKC)	8,134,363 ▼ -0.12
Pak Refinery / Jun 5 Pakistan Refinery Limited(PRL)	5,737,803 ▲ 0.30
Maple Leaf Cement / Jun 5 Maple Leaf Cement Factory Limited(MLCF)	4,793,566 ▲ 0.31
Hascol Petrol / Jun 5 Hascol Petroleum Limited(HASCOL)	4,657,500 ▲ 0.12
Sui South Gas / Jun 5 Sui Southern Gas Company Limited(SSGC)	4,102,148 ▲ 0.70

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 5	286.10
USD PKR Interbank Buying / Jun 5	285.90
USD to Japanese Yen / Jun 5	140.13
USD to Swiss Franc / Jun 5	0.91
Pound Sterling to USD / Jun 5	1.24
Euro to USD / Jun 5	1.07
UK LIBOR % / Jun 2	5.06

Stock	Volume
S&P 500 / Jun 2	4282.37
Nasdaq / Jun 2	13240.77
Dow Jones / Jun 2	33762.76
India Sensex / Jun 5	62894.02
Tokyo Nikkei / Jun 5	32117.09
Hang Seng / Jun 5	18993.93
FTSE 100 / Jun 5	7637.92
Germany DAX 30 / Jun 5	16080.36
France CAC40 / Jun 5	7260.56

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 2	20235
Gold 10 Grams PKR / Jun 2	199760
Crude Oil USD/Barrel / Jun 5	72.64
Gold Spot USD/Ounce / Jun 5	1944.48
Cotton US¢/pound / Jun 5	81.63

Brent crude oil

Most Popular Articles