Trends - Brent crude oil - Business Recorder

Brent crude oil

THE RUPEE: PKR declines

KARACHI: Rising oil prices pushed Pakistan’s rupee lower against the US dollar, as the currency registered a...

Published 03 Mar, 2022 04:39am

Markets

Gulf markets gain; Abu Dhabi jumps over 2pc

DUBAI: Major Gulf bourses rose for a third straight session on Tuesday as higher oil prices boosted energy stocks,...

Published 02 Mar, 2022 04:35am

Markets

Petrobras sees record net profit in 2021 at nearly $20bn

RIO DE JANEIRO: Brazilian state-run oil company Petrobras announced Wednesday it posted a record net profit of ...

Published 24 Feb, 2022 11:10am

Markets

Brent oil may retrace further to $94.20

SINGAPORE: Brent oil may retrace further to $94.20 per barrel, following its failure to break a resistance at ...

Published 23 Feb, 2022 11:58am

Markets

Oil hits highest since 2014 on Russia-Ukraine escalation

LONDON: Oil rose to its highest since 2014 on Tuesday after Moscow ordered troops into two breakaway regions in...

Updated 22 Feb, 2022 09:16pm

Markets

Oil edges higher on tight supply and post-pandemic recovery

TOKYO: Oil prices edged higher on Tuesday, trading near seven-year highs hit last week, as investors bet supplies...

Published 01 Feb, 2022 09:54am

Markets

Oil prices fall despite lingering supply concerns

LONDON: Oil prices fell on Friday, pressured by an unexpected rise in U.S. crude and fuel inventories while ...

Published 22 Jan, 2022 05:46am

Markets

Oil tops $83, as Omicron impact expected to be short lived

Oil rose to more than $83 a barrel on Tuesday, supported by tight supply and expectations that rising coronavirus...

Published 11 Jan, 2022 10:33pm

Markets

Oil falls from one-month high after US fuel inventory surge

SINGAPORE: Oil prices lost ground on Thursday, falling more than $1 a barrel from their highest levels in more than ...

Published 06 Jan, 2022 11:14am

Markets

Oil rebounds towards $72 on Omicron hopes and Iran talks

LONDON: Oil climbed by $2 a barrel towards $72 on Monday on hopes that the Omicron coronavirus variant would have a...

Published 07 Dec, 2021 06:29am

Markets

Oil prices retreat in face of supply and demand pressures

LONDON: Oil prices fell on Monday as rising COVID-19 cases in Europe and a potential release of Japanese oil ...

Updated 22 Nov, 2021 05:32pm

Markets

Oil dives over 2pc

NEW YORK: Oil prices fell on Friday below $80 a barrel as surging COVID-19 cases in Europe threatened to slow the...

Published 20 Nov, 2021 03:58am

Markets

European stocks fall at open tracking German deadlock

LONDON: European stock markets fell at the open Tuesday, as traders tracked high oil prices and the political ...

Published 28 Sep, 2021 01:38pm

Markets

Oil prices jump over $2/bbl after drawdown in US stocks

US crude, fuel stockpiles fall in wake of Hurricane Ida -EIA
Vaccines set to unleash pent-up oil demand, IEA says
China's daily oil refinery output hits 15-month low in August

Updated 15 Sep, 2021 08:40pm

Markets

Oil steadies near $71 after two-day rally

Oil edges higher after sharp gains this week
Mexico to resume output at fire-hit platform by Aug. 30
API data shows smaller-than-expected fall in US stocks

Published 25 Aug, 2021 07:08pm

Markets

Oil rises as full US clearance for COVID-19 vaccine stokes fuel demand hopes

Brent crude oil futures gained 21 cents, or 0.3%, to $68.96 a barrel by 0454 GMT, while US West Texas Intermediate (WTI) crude futures increased by 14 cents, or 0.2%, to $65.78 a barrel

Published 24 Aug, 2021 10:18am

Markets

US oil may rise towards $70.15-$70.77 range

The correction from $76.98 may have ended if it only has three waves

Published 12 Aug, 2021 11:07am

Markets

Oil rises as market shrugs off virus impact

Brent crude was up $1.06, or 1.5%, at $70.10 a barrel by 1134 GMT, and US oil rose $1.29 cents, or 1.9%, to $67.77 a barrel

Published 10 Aug, 2021 06:11pm

Markets

US oil may retest support at $65.46

The reversal of the uptrend from $33.64 has been more or less confirmed. A retracement analysis on the trend suggests a target zone from $55.31-$60.42

Published 10 Aug, 2021 11:22am

Markets

Oil recovers after hitting three-week low amid surging COVID-19 cases

But surging cases of COVID-19 are blighting the outlook for economic growth and overall consumption

Published 10 Aug, 2021 10:58am

Markets

Oil rises as US supplies tighten, dollar weakens

NEW YORK: Oil prices rose on Thursday, with global benchmark Brent topping $75 a barrel, as supplies in the United...

Published 30 Jul, 2021 05:10am

Markets

Abu Dhabi hits record high, major Gulf bourses gain

Saudi Arabia's oil exports climb 147% in May
FAB extends gains on strong Q2 earnings

Published 29 Jul, 2021 06:55pm

Markets

Russian rouble steadies as oil prices climb, risk aversion eases

The rouble was 0.1% stronger against the dollar at 74.34 and up 0.1% at 87.51 versus the euro .
Brent crude oil, a global benchmark for Russia's main export, was up 1.5% at $70.38 a barrel.

Updated 21 Jul, 2021 05:20pm

Markets

Saudi index falls in early trade; IHC supports

The benchmark index in Saudi Arabia was down 0.3%, with Al Rajhi Bank and the kingdom's largest lender Saudi National Bank losing 0.9% each

Published 08 Jul, 2021 01:04pm

Markets

Oil rises on optimism about demand outlook

Brent crude was up by 52 cents, or 0.7%, at $73.38 a barrel.
We have had those stock draws for a couple months, the market is heading in the right direction ... my impression it is not a super cycle.

Published 15 Jun, 2021 05:34pm

Markets

Most Gulf markets rise; Egypt bucks trend

DUBAI: Major stock markets in the Gulf ended higher on Thursday, supported by a rebound in oil prices, but the...

Published 11 Jun, 2021 03:41am

Markets

Oil prices climb on signs of strong fuel demand recovery

Stockpile data from the US Energy Information Administration is due on Wednesday at 1430 GMT.

Published 09 Jun, 2021 11:56am

Markets

US oil may rise to $71.28

A projection analysis reveals a higher target zone of $79.68-$84.47.

Published 07 Jun, 2021 11:44am

Markets

US oil may rise into $69.96-$71.28 range

A break below $68.99, now a support, may cause a fall limited to $67.57.

Published 03 Jun, 2021 12:12pm

Markets

US oil may retest resistance at $68.99

A break below $67.57 could open the way towards $66.42.

Published 02 Jun, 2021 12:14pm

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

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