Trends - Brent crude oil - Business Recorder

Brent crude oil

US crude, fuel stockpiles shrink while gasoline demand drops: EIA

US crude and fuel inventories fell last week, the Energy Information Administration said on Wednesday, while...

Published 24 Aug, 2022 09:32pm

Markets

Brent oil rise into $102.01-$103.81 range

Brent oil may break a resistance at $100.22 per barrel and rise into a $102.01-$103.81 range. The contract is riding...

Published 24 Aug, 2022 11:17am

Markets

Oil rises on US response to Iran nuclear deal comments

Oil prices rose on Wednesday in volatile trading on concerns that the United States will not consider additional...

Updated 24 Aug, 2022 10:41pm

Markets

Brent oil may rise to $99.11

Brent oil may rise to $99.11 per barrel, driven by a wave c. This is the third wave of a presumed irregular flat...

Published 23 Aug, 2022 11:33am

Markets

Oil pares losses after Saudi oil minister says OPEC+ has options including cuts

HOUSTON: Oil prices bounced off session lows to trade nearly flat in a volatile session on Monday, after Saudi...

Updated 22 Aug, 2022 10:33pm

Markets

Brent oil may test support at $94.41

Brent oil may test a support at $94.41 per barrel, a break below which could cause a fall into $91.51-$93.30...

Published 22 Aug, 2022 11:04am

Markets

Russia is China’s top oil supplier for 3rd month in July

Russia held its spot as China’s top oil supplier for a third month in July, data showed on Saturday, as independent...

Published 20 Aug, 2022 11:13am

Markets

Oil prices slip, headed for weekly loss as recession concerns bite

LONDON: Oil prices slipped on Friday after two days of gains and are heading for weekly losses as a strong dollar...

Updated 19 Aug, 2022 06:00pm

Blame policymakers, lawmakers for oil price rises: OPEC

RIYADH: Policymakers, lawmakers and insufficient oil and gas sector investments are to blame for high energy prices,...

Published 19 Aug, 2022 05:57am

Markets

Brent oil may retest resistance at $112.93

SINGAPORE: Brent oil may retest a resistance at $112.93 per barrel, a break above which could lead to a gain into...

Published 24 Jun, 2022 10:53am

Markets

Oil rises almost $2, still set for weekly drop on recession fears

LONDON: Oil rose by almost $2 a barrel on Friday supported by tight supply, although crude was heading for a second...

Updated 24 Jun, 2022 06:27pm

Markets

Oil prices weaken on hawkish Fed rhetoric, concerns about demand

NEW YORK: Oil prices fell about $1 a barrel on Thursday in volatile trading as investors weighed the risk that...

Updated 23 Jun, 2022 09:15pm

Oil slumps nearly 3pc

NEW YORK: Oil prices tumbled about 3% on Wednesday as investors worried that rate hikes by the Federal Reserve could...

Published 23 Jun, 2022 06:05am

Markets

Brent oil may test support at $99.64 in Q3

SINGAPORE: Brent oil may test a support at $99.64 per barrel in the third quarter. A break could open the way...

Published 22 Jun, 2022 11:15am

Markets

Oil slumps over 4% as Biden aims to drive down US fuel prices

This development is a positive for net oil-importing countries like Pakistan that track global prices to set domestic rates

Updated 22 Jun, 2022 08:56pm

Markets

Brent oil may bounce into $116.44-$117.57 range

SINGAPORE: Brent oil may bounce into a range of $116.44-$117.57, following its stabilization around a support at...

Published 21 Jun, 2022 10:56am

Markets

Oil climbs $2/bbl on strong demand, tight supply

HOUSTON: Oil rose $2 per barrel on Tuesday on high summer fuel demand while supplies remain tight because of...

Updated 21 Jun, 2022 08:13pm

Markets

Brent oil may bounce further into $113.89-$115.30 range

SINGAPORE: Brent oil may stabilise around a support at $111.62 per barrel and bounce further into a range of...

Published 20 Jun, 2022 10:55am

Markets

Oil prices stable as market balances recession fears with tight supply

LONDON: Oil prices were stable on Monday, struggling to reverse last week’s losses as the market balanced tightening...

Updated 20 Jun, 2022 06:12pm

Markets

Brent oil may retest resistance at $120.32

SINGAPORE: Brent oil may stabilize around a support at $118.82 per barrel and retest a resistance at $120.32. A...

Published 17 Jun, 2022 11:52am

Markets

OPEC+ crude oil output boost undershoots targets in May

LONDON: OPEC+ produced 2.695 million barrels per day below its crude oil targets in May because of production...

Published 16 Jun, 2022 05:26pm

Markets

Russia considering oil exports from northern port of Murmansk

Russia is considering exporting oil via the northern port of Murmansk in the event of limitations on other routes,...

Updated 16 Jun, 2022 04:50pm

Markets

Brent oil may end bounce around $120.32

SINGAPORE: Brent oil may end its bounce around a resistance at $120.32 per barrel, and retest a support at...

Published 16 Jun, 2022 10:12am

Markets

Oil prices fall after rate hikes, but tight supply still in focus

LONDON: Oil prices erased early gains to fall to two-week lows on Thursday on the back of inflation concerns...

Updated 16 Jun, 2022 05:18pm

Markets

Oil prices fall over 1pc as Fed hikes interest rates

HOUSTON: Oil prices fell more than 1% on Wednesday as the Federal Reserve raised its target interest rate by...

Published 16 Jun, 2022 08:10am

Markets

Brent could push past $150/bbl if Russian oil exports shrink: Bank of America

Global oil benchmark Brent crude could rise past $150 a barrel if there is a sharp contraction in Russian oil...

Published 27 May, 2022 04:49pm

Markets

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

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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