Trends - Brent crude - Business Recorder

Brent crude

OPEC sticks to oil demand view, shifts key forecast to OPEC+

LONDON: OPEC stuck to its forecast for strong growth in global oil demand in 2024 on Tuesday and said it would...

Published 14 May, 2024 05:54pm

Markets

Oil dips as US data suggests inflation stickier than expected

LONDON: Oil prices edged lower on Tuesday, after US data suggested inflation remains sticky, while OPEC maintained...

Updated 14 May, 2024 07:47pm

Markets

Oil holds near one-week high on rising demand hopes after China, US data

NEW YORK: Oil prices held near a one-week high on Thursday as data from China and the U.S. that signalled demand in...

Updated 09 May, 2024 11:12pm

Markets

Oil climbs as Gaza tensions rise, Saudi Arabia hikes prices

LONDON: Oil futures climbed on Monday after Saudi Arabia hiked June crude prices for most regions and as the...

Updated 06 May, 2024 04:50pm

Markets

Oil prices set for steepest weekly drop in 3 months

LONDON: Oil prices edged higher on Friday yet remained on course for their steepest weekly loss in three months...

Updated 03 May, 2024 05:37pm

Markets

Oil slides to 7-week low

NEW YORK: Oil prices fell to a seven-week low for the second consecutive session on Thursday, weighed by weakening...

Published 03 May, 2024 06:29am

Markets

Oil falls to 7-week low on surprise build in US storage, Middle East ceasefire hopes

US Energy Information Administration says energy firms added surprise 7.3 million barrels of crude into stockpiles during week ended April 26

Updated 01 May, 2024 08:36pm

Markets

Oil edges higher as investors eye Mideast talks, rates meeting

LONDON: Oil edged up on Tuesday a day after falling as Israel-Hamas talks offered hopes of a ceasefire even as Red...

Updated 30 Apr, 2024 05:53pm

Markets

Oil down on Israel-Hamas peace talks

NEW YORK: Oil prices fell by more than $1 a barrel on Monday as Israel-Hamas ceasefire talks in Cairo tempered fears...

Published 30 Apr, 2024 03:43am

Markets

Oil prices advance on tighter supply outlook

LONDON: Oil prices firmed on Thursday, following two consecutive sessions of decline, as investors saw a tighter...

Updated 28 Mar, 2024 05:41pm

Markets

Oil falls for second day as US crude inventories surge

LONDON: Oil prices fell for a second day on Wednesday on surging U.S. stockpiles and signs the OPEC+ producer group...

Updated 27 Mar, 2024 06:33pm

Markets

Oil steadies as markets weigh Russian supply woes

NEW YORK: Oil prices were little changed on Tuesday as investors took a more mixed view toward the loss of Russian...

Published 27 Mar, 2024 04:38am

Markets

Oil steadies as markets weigh Russian supply woes

LONDON: Oil prices were little changed on Tuesday as investors took a more mixed view toward the loss of Russian...

Updated 26 Mar, 2024 07:51pm

Markets

Malaysian palm oil futures climb

JAKARTA: Malaysian palm oil futures rose on Monday, snapping two straight sessions of losses, underpinned by strong...

Published 26 Mar, 2024 04:20am

Markets

Oil up on supply concerns as Russia orders output cuts

HOUSTON: Oil prices rose on Monday as the Russian government ordered producers to curb output as hostilities between...

Updated 25 Mar, 2024 09:55pm

Markets

Oil prices down on Gaza ceasefire talks

NEW YORK: Oil prices slipped on Friday and were flat on the week as the possibility of a ceasefire in Gaza weakened...

Published 24 Mar, 2024 03:02am

Markets

Oil steady as Gaza ceasefire talks gain traction

LONDON: Oil prices were little changed on Friday, with global benchmark Brent hovering above $85 per barrel, as the...

Updated 22 Mar, 2024 04:31pm

Markets

Oil retreats from multi-month highs ahead of Fed decision

LONDON: Oil prices edged lower on Wednesday after hitting multi-month highs in the previous session, as investors...

Updated 20 Mar, 2024 04:48pm

Markets

Oil rises to multi-month highs on Russian supply concerns

NEW YORK: Oil prices rose to multi-month highs for the second straight session on Tuesday, as traders assessed how...

Published 20 Mar, 2024 03:00am

Markets

Oil prices rise as revised IEA outlook suggests tighter market

HOUSTON: Oil prices rose on Thursday as the International Energy Agency’s predicted a tighter market in 2024 and...

Published 15 Mar, 2024 04:14am

Markets

Oil rises on Russian refinery attacks, signs of strong demand

LONDON: Oil rose on Wednesday, supported by potential supply disruption after Ukrainian attacks on Russian...

Updated 13 Mar, 2024 05:32pm

Markets

Oil prices rise slightly

NEW YORK: Oil prices rose slightly on Tuesday as the market weighed bearish US economic data against OPEC’s demand...

Published 13 Mar, 2024 06:32am

Markets

Kuwait raises April crude prices for Asia

SINGAPORE: Kuwait raised the official selling price (OSP) for Kuwait Export Crude (KEC) to Asia in April by 30 cents...

Published 12 Mar, 2024 02:29pm

Markets

Oil prices rise slightly as OPEC retains demand forecasts

NEW YORK: Oil prices rose slightly on Tuesday as the market weighed bearish U.S. economic data against OPEC’s demand...

Updated 12 Mar, 2024 09:56pm

Markets

Oil prices slip on view US rate cuts could be delayed

LONDON: Oil prices slipped on Thursday as expectations that U.S. interest rate cuts could be delayed capped gains,...

Updated 07 Mar, 2024 09:53pm

Markets

Oil up as OPEC+ cuts override China, US demand concerns

LONDON: Oil prices rebounded slightly on Wednesday after four days of declines as signs of supply tightness amid...

Updated 06 Mar, 2024 03:08pm

Markets

Oil inches lower amid profit taking on OPEC+ cut extension

LONDON: Oil prices drifted lower on Monday as traders indulged in some profit taking a day after the widely expected...

Updated 04 Mar, 2024 05:46pm

Markets

Oil rises 1% as markets await OPEC+ decision

LONDON: Oil prices rose on Friday and were set for weekly gains as markets awaited an OPEC+ decision on supply...

Updated 01 Mar, 2024 05:53pm

Markets

Oil prices steady as US data keeps June rate cuts on the table

LONDON: Oil prices were little changed Thursday as January U.S. inflation data reinforced expectations for a June...

Updated 29 Feb, 2024 07:32pm

Markets

Oil falls 1% on Fed rate cut caution and stocks build

LONDON: Oil prices pulled back on Wednesday as the prospect of delays to U.S. interest rate cuts and a jump in U.S....

Updated 28 Feb, 2024 06:05pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 14	278.27
USD PKR Interbank Buying / May 14	278.07
USD to Japanese Yen / May 14	156.37
USD to Swiss Franc / May 14	0.91
Pound Sterling to USD / May 14	1.26
Euro to USD / May 14	1.08

Stock	Volume
S&P 500 / May 14	5246.68
India Sensex / May 14	73104.61
Tokyo Nikkei / May 14	38552.29
Nasdaq / May 14	16511.18
Hang Seng / May 14	19073.71
FTSE 100 / May 14	8428.13
Dow Jones / May 14	39558.11
Germany DAX 30 / May 14	18716.42

Item	Value
Crude Oil USD/Barrel / May 14	78.51
Karachi Cotton PKR/37.32 KG / May 14	19935
Gold 10 Grams PKR / May 14	207733
Gold Spot USD/Ounce / May 14	2357
Cotton US¢/pound / May 14	73.78
Petrol/Litre / May 15	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 15 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 15 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 15 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 15 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 15 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 15 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 15 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 15 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 15 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 15 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 15 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 15 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 15 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 15 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 15 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 15 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 15 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 15 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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