Trends - Brent crude oil - Business Recorder

Brent crude oil

Oil slips 1pc on worries about more US interest rate hikes

NEW YORK: Oil prices slid about 1% on Monday as strong US economic data had investors bracing for more interest rate...

Published 28 Feb, 2023 07:13am

Markets

Oil gains as Russian output cuts offset rising U.S. inventories

LONDON: Oil prices extended gains for a second session on Friday as the prospect of lower exports from Russia offset...

Updated 24 Feb, 2023 06:27pm

Markets

Oil prices firm, but rise in US inventories looms

LONDON: Oil prices firmed on Thursday after Brent crude posted its biggest one-day loss for seven weeks in the...

Updated 23 Feb, 2023 06:02pm

Markets

Brent oil may bounce moderately before falling

Brent oil may bounce to $83.95 per barrel before turning around and falling towards the Feb. 17 low of $81.80. The...

Published 20 Feb, 2023 09:00am

Markets

Oil unlikely to break above $100/bbl this year, J.P.Morgan says

Brent oil prices are unlikely to breach the $100 a barrel level this year, barring any significant geopolitical...

Published 17 Feb, 2023 03:27pm

Markets

Oil steady on mixed US economic data

NEW YORK: Oil prices fluctuated in a narrow range on Thursday as the market weighed mixed US economic signals and...

Published 17 Feb, 2023 06:00am

Markets

Brent oil may retest support of $84.03

Brent oil may retest a support of $84.03 per barrel, a break below which could open the way towards $82.86. The deep...

Published 15 Feb, 2023 09:50am

Markets

Brent oil neutral in $85.19-$86.63 range

Brent oil looks neutral in a range of $85.19-$86.63 per barrel, and an escape could suggest a direction. The...

Published 14 Feb, 2023 10:01am

Markets

Oil prices fall after US crude release and inflation data

LONDON: Oil prices fell on Tuesday after the US government said it would release more crude from its Strategic...

Updated 14 Feb, 2023 08:02pm

Markets

Oil edges higher as market weighs Russian supply cuts amid demand fears

HOUSTON: Oil prices edged higher on Monday, rebounding from early losses as investors weighed Russia plans to cut...

Published 14 Feb, 2023 05:58am

Markets

Brent oil may retest support at $85.19

Brent oil may retest support at $85.19 per barrel, a break below which could open the way towards the $82.86-$84.03...

Published 13 Feb, 2023 10:58am

Markets

Brent oil may retest support at $83.18

Brent oil may retest support at $83.18 per barrel, a break below which could open the way towards $81.74. The drop...

Published 10 Feb, 2023 11:32am

Markets

Oil rises for third day as interest rate concerns ease

LONDON: Oil rose for a third straight day on Wednesday as investor concern over U.S. interest rates eased somewhat...

Updated 08 Feb, 2023 08:00pm

Markets

Saudi Arabian shares drop on lower oil prices; Egypt rises

DUBAI: Saudi Arabian stock market closed lower on Sunday, in response to fall in oil prices on Friday amid concern...

Published 06 Feb, 2023 07:14am

Markets

Brent oil may retest resistance of $82.98

Brent oil may retest a resistance of $82.98 per barrel, a break above which could lead to a gain into $83.60-$84.22...

Published 03 Feb, 2023 09:54am

Markets

Asia’s crude oil imports hit record high, but it’s not China: Russell

LAUNCESTON: Asia’s imports of crude oil reached a record high in January, but the strength wasn’t driven by China,...

Published 02 Feb, 2023 11:52am

Markets

Brent oil may test support of $82.10

Brent oil may test a support of $82.10 per barrel, a break below which could open the way towards $80.45. The...

Published 02 Feb, 2023 11:45am

Markets

Oil steady as Russian oil products ban looms, dollar falls

LONDON: Oil prices were steady on Thursday as looming sanctions on Russian oil products added uncertainty over...

Updated 02 Feb, 2023 08:45pm

Markets

Oil prices tick up ahead of Fed, OPEC decisions

LONDON: Oil prices ticked up as the market is looking towards a meeting of OPEC and its allies as well as a Federal...

Updated 01 Feb, 2023 06:02pm

Markets

Brent oil may bounce into $86.38-$87.05 range

Brent oil may bounce into a range of $86.38-$87.05 per barrel, before falling again. The drop on Monday confirmed a...

Published 31 Jan, 2023 10:14am

Markets

Oil slips as rate hikes loom and Russian flows stay strong

LONDON: Oil slipped on Monday as looming increases to interest rates by major central banks and signs of strong...

Published 31 Jan, 2023 06:45am

Markets

Brent oil may retest support at $85.79

Brent oil may retest a support at $85.79 per barrel, as a five-wave cycle from $77.61 may have completed. The cycle...

Published 30 Jan, 2023 09:52am

Markets

Oil slips as rate hikes loom and Russian flows stay strong

LONDON: Oil slipped on Monday as looming increases to interest rates by major central banks and signs of strong...

Updated 30 Jan, 2023 07:34pm

Markets

Brent oil neutral in $87.05-$88.11 range

Brent oil looks neutral in a range of $87.05-$88.11 per barrel, and an escape could suggest a direction. The...

Published 27 Jan, 2023 09:24am

Markets

Brent oil may retest support at $85.79

Brent oil may retest a support of $85.79 per barrel, with a good chance of breaking below this level and falling...

Published 26 Jan, 2023 09:20am

Markets

Oil up more than 1pc, on track for second week of gains

NEW YORK: Oil rose by about $1 a barrel on Friday and headed for a second straight weekly gain, spurred largely by...

Published 23 Jan, 2023 08:05am

Markets

Saudi crude exports slip to five-month low in November

Saudi Arabia’s crude oil exports fell to a five-month low in November, while production also slipped, data from the...

Published 19 Jan, 2023 09:53pm

Markets

Oil edges up on expectations of tight market

LONDON: Oil futures rose slightly on Thursday, recouping losses from earlier in the session as an expected rise in...

Updated 19 Jan, 2023 08:26pm

Markets

Oil prices up 1pc to near 7-week high

NEW YORK: Oil prices rose about 1% on Wednesday to their highest since early December on a drop in the US dollar and...

Published 19 Jan, 2023 06:31am

Markets

Oil prices up 1% to near 7-week high on China recovery hopes

NEW YORK: Oil prices rose about 1% on Wednesday to their highest since early December on a drop in the US dollar and...

Updated 18 Jan, 2023 11:13pm

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Sep 28 Chakwal Spinning Mills Limited(CWSM)	1.42 ▲ 0.24 (20.34%)
Abdullah Shah / Sep 28 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.49 ▲ 0.45 (8.93%)
Pak Gulf Leasing / Sep 28 Pak-Gulf Leasing Company Limited(PGLC)	4.90 ▲ 0.40 (8.89%)
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%)
Pak. P.V.C. / Sep 28 Pakistan PVC Limited(PPVC)	5.30 ▲ 0.28 (5.58%)

Stock	Price
SME Leasing Ltd / Sep 28 SME Leasing Limited(SLL)	2 ▼ -0.40 (-16.67%)
Pak Oilfields / Sep 28 Pakistan Oilfields Limited(POL)	389.49 ▼ -50.00 (-11.38%)
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%)
Masood Textile / Sep 28 Masood Textile Mills Limited(MSOT)	41.50 ▼ -3.36 (-7.49%)
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%)
Pak Paper Prod / Sep 28 Pakistan Paper Products Limited(PPP)	49.50 ▼ -2.57 (-4.94%)
Gharibwal Cement / Sep 28 Gharibwal Cement Limited(GWLC)	16 ▼ -0.69 (-4.13%)
Kohinoor Ind. / Sep 28 Kohinoor Industries Limited(KOIL)	7.30 ▼ -0.30 (-3.95%)

Stock	Volume
Maple Leaf Cement / Sep 28 Maple Leaf Cement Factory Limited(MLCF)	11,085,943 ▼ -0.05
Pak Petroleum / Sep 28 Pakistan Petroleum Limited(PPL)	9,115,995 ▼ -0.01
Agritech Limited / Sep 28 Agritech Limited(AGL)	7,305,500 ▲ 0.31
WorldCall Telecom / Sep 28 Worldcall Telecom Limited(WTL)	7,096,855 ▲ 0.01
P.I.A.C.(A) / Sep 28 Pakistan International Airlines Corp(PIAA)	6,933,000 ▲ 0.18
Oil & Gas Dev. / Sep 28 Oil & Gas Development Company Limited(OGDC)	6,830,288 ▲ 0.00
Dewan Motors / Sep 28 Dewan Farooque Motors Limited(DFML)	6,537,980 ▲ 0.05
Bankislami Pak. / Sep 28 BankIslami Pakistan Limited(BIPL)	6,477,203 ▼ -0.09
B.O.Punjab / Sep 28 The Bank of Punjab(BOP)	6,308,530 ▼ -0.01
Fauji Foods Ltd / Sep 28 Fauji Foods Limited(FFL)	5,262,898 ▲ 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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Brent crude oil

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