Trends - Brent crude oil - Business Recorder

Brent crude oil

Oil up near $90 as OPEC+ considers output cut

NEW YORK: Oil prices rose on Thursday for a second day, briefly touching $90 per barrel as leading OPEC+ members...

Updated 29 Sep, 2022 09:23pm

Markets

Brent oil may retest support of $85.78

Brent oil may retest a support of $85.78 per barrel, a break below which could open the way towards $85.10. The...

Published 28 Sep, 2022 12:59pm

Markets

Brent oil may bounce into $85.10-$85.78 range

Brent oil may bounce into a range of $85.10 to $85.78 per barrel, as suggested by its wave pattern and the hourly...

Published 27 Sep, 2022 11:58am

Markets

Oil up $2 a barrel from multi-month low on US Gulf supply cuts, softer dollar

NEW YORK: Oil rose by $2 a barrel on Tuesday from a nine-month low a day earlier, supported by supply curbs in the...

Updated 27 Sep, 2022 08:35pm

Markets

Brent oil to revisit Sept. 23 low of $85.50

Brent oil may revisit its Sept. 23 low of $85.50 per barrel, as suggested by its wave pattern and a projection...

Published 26 Sep, 2022 10:47am

Markets

Oil prices slide, hit 9-month lows as dollar strengthens

Oil prices hit nine-month lows on Monday in choppy trade, pressured by a strengthening dollar as market participants...

Updated 26 Sep, 2022 10:05pm

Markets

Brent oil may rise into $91.66-$92.64 range

Brent oil may rise into a range of $91.66-$92.64 per barrel, as it seems to be riding on a wave C. The contract...

Published 23 Sep, 2022 10:44am

Markets

Brent oil still targets $88.50

Brent oil still targets its Monday low of $88.50 per barrel, as the bounce from this level has been deeply reversed....

Published 22 Sep, 2022 11:49am

Markets

Oil rises on rebounding Chinese demand, geopolitical risks

LONDON: Oil rose on Thursday as the prospect of higher Chinese demand and heightened geopolitical risks outweighed...

Updated 22 Sep, 2022 05:55pm

BR Research

Oil price: Bears or bulls?

The Brent crude oil is headed towards fourth straight month of decline, unless signals from Russia, the Opec...

Published 22 Sep, 2022 08:59am

Markets

Brent crude falls 3% on demand concerns, strong dollar

LONDON: Brent crude oil fell 3% on Thursday as expectations of weaker demand and a strong U.S. dollar ahead of a...

Updated 15 Sep, 2022 07:21pm

Markets

Brent oil may retest support at $91.78

Brent oil may retest a support at $91.78 per barrel, with a good chance of breaking below this level and falling...

Published 14 Sep, 2022 11:58am

Markets

Oil tumbles 2%, reversing gains after bearish U.S. economic data

HOUSTON: Oil prices fell 2% on Tuesday, reversing earlier gains as U.S. consumer prices unexpectedly rose in August,...

Updated 13 Sep, 2022 10:07pm

Markets

Brent oil may end bounce below $93.77

Brent oil may extend its gains to $93.77 per barrel, to complete a small five-wave cycle before reversing the...

Published 12 Sep, 2022 09:53am

Markets

Brent oil may retest support at $87.28

Brent oil may retest a support at $87.28 per barrel, a break below which could open the way towards $85.21-$86.57...

Published 09 Sep, 2022 10:41am

Markets

Oil edges up from 7-mth low as Russia threatens export halt

NEW YORK: Crude prices edged up about 1% on Thursday after dropping to a seven-month low in the prior session after...

Updated 08 Sep, 2022 09:41pm

Markets

China’s August crude oil imports drop on lower refinery runs

SINGAPORE: China’s crude oil imports in August fell 9.4% from a year earlier, customs data showed on Wednesday, as...

Published 07 Sep, 2022 10:38am

Markets

Oil rises after Russia’s Putin threatens to halt supply

LONDON: Oil prices rose on Wednesday on threats that Russia will walk away from its energy supply contracts,...

Updated 07 Sep, 2022 04:06pm

Markets

Oil falls as demand fears return after OPEC-led rally

LONDON: Oil fell on Tuesday after a two-day rally as concern returned about weaker demand and the prospect of more...

Updated 06 Sep, 2022 07:15pm

Markets

Brent oil may test resistance at $94.81

Brent oil may test a resistance at $94.81 per barrel, a break above which could lead to a gain to $96.85. The...

Published 02 Sep, 2022 10:38am

Markets

Oil climbs ahead of OPEC+ meeting next week

NEW YORK: Oil prices climbed on Friday on expectations that OPEC+ will discuss output cuts at a meeting on Sept. 5,...

Updated 02 Sep, 2022 09:01pm

Markets

Brent oil may fall towards $91.51-$93.41 range

Brent oil may break a support at $94.81 per barrel, and fall towards $91.51-$93.41 range. The steep drop over the...

Published 01 Sep, 2022 11:13am

Markets

Brent oil may fall into $94.81-$96.85 range

Brent oil may fall more into a range of $94.81-$96.85 per barrel, as the bounce from $91.51 has completed. The...

Published 31 Aug, 2022 12:08pm

Markets

Oil prices fall 3% on recession fears

LONDON: Oil prices continued to slide on Wednesday on investor worries about the ailing state of the global economy,...

Updated 31 Aug, 2022 05:20pm

Markets

Oil slides more than $4 on inflation and Iraq exports

HOUSTON: Oil prices fell about $4 a barrel on Tuesday on fears that an inflation-induced weakening of global...

Updated 30 Aug, 2022 09:33pm

Markets

Oil edges higher on prospect of OPEC+ supply cut

LONDON: Oil edged higher on Monday to extend last week’s gains as potential OPEC+ output cuts and conflict in Libya...

Updated 29 Aug, 2022 05:15pm

Markets

Brent oil may fall into $96.21-$98.08 range

Brent oil may break a support at $99.11 per barrel, and fall into a range of $96.21 to $98.08. The contract failed...

Published 26 Aug, 2022 10:26am

Markets

Oil prices fall after US Fed chair warns of economic pain ahead

NEW YORK: Oil prices fell on Friday, after the head of the U.S. Federal Reserve warned there is no quick cure for...

Updated 26 Aug, 2022 08:21pm

Markets

US oil may rise into $96.84-$98.74 range

SINGAPORE: US oil may rise into a range of $96.84 to $98.74 per barrel, driven by a wave c. This is the presumed...

Published 25 Aug, 2022 11:22am

Markets

Oil prices ease on possible Iran oil exports, rising interest rates

NEW YORK: Oil prices eased on Thursday in volatile trade as investors braced for the possible return of sanctioned...

Updated 25 Aug, 2022 09:49pm

Gainers
Losers
Leaders

Stock	Price
HBL Invest Fund / Jun 7 HBL Investment Fund(HIFA)	1.60 ▲ 0.20 (14.29%)
Reliance Ins. / Jun 7 Reliance Insurance Company Limited(RICL)	8.27 ▲ 1.00 (13.76%)
Pak Gulf Leasing / Jun 7 Pak-Gulf Leasing Company Limited(PGLC)	7.39 ▲ 0.89 (13.69%)
HBL Growth Fund / Jun 7 HBL Growth Fund(HGFA)	4.15 ▲ 0.40 (10.67%)
Bilal Fibres / Jun 7 Bilal Fibres Limited(BILF)	2.44 ▲ 0.20 (8.93%)
Ist.Capital Sec / Jun 7 First Capital Securities Corporation(FCSC)	1 ▲ 0.08 (8.70%)
Dandot Cement / Jun 7 Dandot Cement Company Limited(DNCC)	9.39 ▲ 0.75 (8.68%)
P.I.A.C.(A) / Jun 7 Pakistan International Airlines Corp(PIAA)	3.73 ▲ 0.27 (7.80%)
Ahmad Hassan / Jun 7 Ahmad Hassan Textile Mills Limited(AHTM)	51.60 ▲ 3.60 (7.50%)
Ghani Value Glas / Jun 7 Ghani Value Glass Limited(GVGL)	65.39 ▲ 4.56 (7.50%)

Stock	Price
Sec. Inv. Bank / Jun 7 Security Investment Bank Limited(SIBL)	3.05 ▼ -0.94 (-23.56%)
Tri-Star Mutual / Jun 7 Tri-Star Mutual Fund Limited(TSMF)	3 ▼ -0.60 (-16.67%)
SME Leasing Ltd / Jun 7 SME Leasing Limited(SLL)	1.73 ▼ -0.26 (-13.07%)
Bank of Khyber / Jun 7 The Bank of Khyber(BOK)	11.75 ▼ -1.00 (-7.84%)
Ellcot Spinning / Jun 7 Ellcot Spinning Mills Limited(ELSM)	105.43 ▼ -8.55 (-7.50%)
Crescent Cotton / Jun 7 Crescent Cotton Mills Limited(CCM)	32.38 ▼ -2.62 (-7.49%)
Reliance Weaving / Jun 7 Reliance Weaving Mills Limited(REWM)	84.18 ▼ -6.82 (-7.49%)
Ashfaq Textile / Jun 7 Ashfaq Textile Mills Limited(ASHT)	7.06 ▼ -0.55 (-7.23%)
Pakistan Cables / Jun 7 Pakistan Cables Limited(PCAL)	92.82 ▼ -7.12 (-7.12%)
Gillette Pak / Jun 7 Gillette Pakistan Limited(GLPL)	110 ▼ -7.90 (-6.70%)

Stock	Volume
WorldCall Telecom / Jun 7 Worldcall Telecom Limited(WTL)	24,434,530 ▲ 0.00
Pak Refinery / Jun 7 Pakistan Refinery Limited(PRL)	20,516,561 ▲ 0.81
Cnergyico PK / Jun 7 Cnergyico PK Limited(CNERGY)	15,490,079 ▲ 0.16
Pak Petroleum / Jun 7 Pakistan Petroleum Limited(PPL)	10,780,480 ▼ -0.50
Pak Elektron / Jun 7 Pak Elektron Limited(PAEL)	9,829,910 ▲ 0.43
Sui North Gas / Jun 7 Sui Northern Gas Pipelines Limited(SNGP)	9,750,118 ▼ -0.70
Oil & Gas Dev. / Jun 7 Oil & Gas Development Company Limited(OGDC)	8,971,203 ▼ -0.25
Mod. Al-Mali (R) / Jun 7 Modaraba Al-Mali R(MODAMR1)	7,359,500 ▲ 0.00
Maple Leaf Cement / Jun 7 Maple Leaf Cement Factory Limited(MLCF)	7,232,895 ▲ 0.01
P.S.O. / Jun 7 Pakistan State Oil Company Limited(PSO)	6,844,695 ▲ 5.72

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 6	286.57
USD PKR Interbank Buying / Jun 6	286.37
USD to Japanese Yen / Jun 6	139.49
USD to Swiss Franc / Jun 6	0.90
Pound Sterling to USD / Jun 6	1.24
Euro to USD / Jun 6	1.07
UK LIBOR % / Jun 5	5.07

Stock	Volume
S&P 500 / Jun 5	4273.79
Nasdaq / Jun 5	13229.43
Dow Jones / Jun 5	33562.86
India Sensex / Jun 6	62638.57
Tokyo Nikkei / Jun 6	32470.90
Hang Seng / Jun 6	19189.58
FTSE 100 / Jun 6	7591.19
Germany DAX 30 / Jun 6	15958.06
France CAC40 / Jun 6	7199.34

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 5	20235
Gold 10 Grams PKR / Jun 5	197531
Crude Oil USD/Barrel / Jun 6	71.71
Gold Spot USD/Ounce / Jun 6	1958.23
Cotton US¢/pound / Jun 6	81.97

Brent crude oil

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