Trends - Crude Oil - Business Recorder

Crude Oil

Saudi Aramco to supply full oil volumes to some North Asia refiners in Jan 2024

SINGAPORE: Saudi Aramco has notified at least three North Asian buyers that it will supply full contractual volumes...

Published 11 Dec, 2023 12:34pm

Markets

Oil prices edge down with investors still wary

LONDON: Oil prices dipped on Monday as worries persisted around crude oversupply despite OPEC+ cuts and softer fuel...

Updated 11 Dec, 2023 06:28pm

Markets

Oil gains but records seventh weekly decline

BENGALURU: Oil prices rose more than 2% on Friday after US data supported expectations of demand growth, but both...

Published 10 Dec, 2023 03:33am

Markets

PMEX daily trading report

KARACHI: On Thursday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 23.617...

Published 10 Dec, 2023 03:33am

World

Bangladesh puts to use China-built crude oil offloading facility

Bangladesh started in recent days a large crude oil receiving and offloading facility built by China that allows the...

Published 08 Dec, 2023 03:21pm

Markets

PMEX daily trading report

KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR21.996 ...

Published 05 Dec, 2023 03:01am

Markets

Oil falls on demand fears and doubts over OPEC+ cuts

LONDON: Oil prices extended declines on Monday, pressured by investor scepticism over the latest OPEC+ decision on...

Updated 04 Dec, 2023 06:59pm

BR Research

Opec’s cut: Not enough?

The immediate reaction to Opec’s meeting outcome has surprised many. Brent and WTI edged lower after the cartel...

Published 04 Dec, 2023 07:36am

Markets

PMEX daily trading report

KARACHI: On Wednesday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 16.860...

Published 01 Dec, 2023 04:43am

Markets

Oil prices fall amid skepticism on OPEC+ supply cuts

Oil prices fell on Thursday after rising by more than 1% earlier in the session after OPEC+ oil producers agreed to...

Updated 30 Nov, 2023 10:30pm

Markets

PMEX daily trading report

KARACHI: On Tuesday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR26.970...

Published 30 Nov, 2023 04:53am

Markets

Oil gains ahead of OPEC+ meeting as Black Sea shutdowns support

LONDON: Oil prices rose on Wednesday as investors turned their attention to an OPEC+ meeting to decide on output...

Updated 29 Nov, 2023 04:58pm

BR Research

Pakistan Oilfields Limited

Pakistan Oilfields Limited (PSX: POL is a subsidiary of the Attock Oil Company Limited (AOC), and is engaged in the...

Published 29 Nov, 2023 08:40am

Markets

Oil prices rise over 2%; focus on OPEC+, storm-hit Kazakh output

NEW YORK: Oil prices jumped over 2% on Tuesday on the possibility OPEC+ will extend or deepen supply cuts, a...

Updated 28 Nov, 2023 09:37pm

Markets

Brent crude oil flirts with $80 ahead of OPEC+ meeting

HOUSTON: Oil prices fell on Monday, with the Brent benchmark hovering around $80 a barrel as investors awaited this...

Published 28 Nov, 2023 04:57am

Markets

Brent falls below $80 ahead of OPEC+ meeting

LONDON: Oil prices fell on Monday, with the Brent benchmark dropping below $80 a barrel as investors awaited this...

Updated 27 Nov, 2023 06:11pm

Markets

PMEX daily trading report

KARACHI: On Thursday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 8.624...

Published 26 Nov, 2023 03:31am

Markets

PMEX daily trading report

KARACHI: On Tuesday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 17.262...

Published 23 Nov, 2023 03:19am

Markets

Oil retreats on caution ahead of OPEC+ meeting

SINGAPORE: Oil futures fell on Tuesday, reversing steep gains made in the past two sessions, as investors turned...

Updated 21 Nov, 2023 03:19pm

Markets

PMEX daily trading report

KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 14.442...

Published 21 Nov, 2023 06:01am

Markets

PMEX daily trading report

KARACHI: On Thursday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 18.103...

Published 19 Nov, 2023 03:14am

Markets

Saudi Arabia’s crude exports rise in September

Saudi Arabia’s crude oil exports in September rose 3% from the previous month to 5.75 million barrels per day (bpd),...

Published 16 Nov, 2023 05:39pm

Markets

Oil dips on prospect of peak US production, despite strong demand signals

LONDON: Oil prices dipped on Wednesday amid signs the United States, the world’s biggest oil producer, is at peak...

Updated 15 Nov, 2023 03:56pm

BR Research

Oil: Bottomed out?

The bear run in the global crude oil market may soon be short of legs. That much was made clear by Opec – which...

Published 15 Nov, 2023 09:00am

Markets

Stocks gain, bonds calm as Fed outlook trumps Moody’s downgrade

TOKYO: Stocks in Asia rose on Monday while Treasuries and the dollar kept their composure, as investors took their...

Published 13 Nov, 2023 10:28am

Markets

PMEX daily trading report

KARACHI: On Thursday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 15.128...

Published 12 Nov, 2023 03:14am

Markets

Saudi Arabia keeps Dec Arab Light crude oil price to Asia steady from Nov

SINGAPORE: Saudi Aramco has kept its December official selling price (OSP) for its Arab Light grade for Asian...

Published 06 Nov, 2023 10:46am

Markets

Oil up 1.5% as Saudi Arabia and Russia stick to supply cuts

LONDON: Oil prices rose on Monday after top exporters Saudi Arabia and Russia reaffirmed their commitment to extra...

Updated 06 Nov, 2023 10:43pm

Markets

Saudi Arabia to continue voluntary 1 million bpd oil output cut for December

DUBAI: Top oil exporter Saudi Arabia will continue with its voluntary oil output cut of 1 million barrels per day...

Published 05 Nov, 2023 08:17pm

Markets

PMEX daily trading report

KARACHI: On Thursday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 17.241...

Published 05 Nov, 2023 03:10am

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Dec 11 Chakwal Spinning Mills Limited(CWSM)	3.35 ▲ 1.00 (42.55%)
First Elite Cap.Mod / Dec 11 First Elite Capital Modaraba(FECM)	5.99 ▲ 0.99 (19.80%)
Kohinoor Spining / Dec 11 Kohinoor Spinning Mills Limited(KOSM)	4.80 ▲ 0.61 (14.56%)
Dar-es-Salaam / Dec 11 Dar-es-Salaam Textile Mills Limited(DSML)	8.49 ▲ 1.00 (13.35%)
Silk Bank Ltd / Dec 11 Silkbank Limited(SILK)	1.24 ▲ 0.14 (12.73%)
Nazir Cotton Mills / Dec 11 Nazir Cotton Mills Limited(NCML)	4.24 ▲ 0.44 (11.58%)
Pace (Pak) Ltd. / Dec 11 Pace (Pakistan) Limited(PACE)	2.85 ▲ 0.29 (11.33%)
Samba Bank / Dec 11 Samba Bank Limited(SBL)	9.93 ▲ 1.00 (11.20%)
Alfalah ETF. / Dec 11 Alfalah Consumer Index ETF.(ACIETF)	12 ▲ 1.01 (9.19%)
Trust Mod. / Dec 11 Trust Modaraba(TRSM)	2.17 ▲ 0.17 (8.50%)

Stock	Price
Sec. Inv. Bank / Dec 11 Security Investment Bank Limited(SIBL)	4.89 ▼ -0.85 (-14.81%)
Next Capital / Dec 11 Next Capital Limited(NEXT)	6 ▼ -0.60 (-9.09%)
Redco Textile / Dec 11 Redco Textiles Limited(REDCO)	6.23 ▼ -0.57 (-8.38%)
Asim Textile / Dec 11 Asim Textile Mills Limited(ASTM)	11.50 ▼ -0.98 (-7.85%)
Crescent Fib. / Dec 11 Crescent Fibres Limited(CFL)	74.02 ▼ -6.00 (-7.50%)
Dadex Eternit / Dec 11 Dadex Eternit Limited(DADX)	45.73 ▼ -3.71 (-7.50%)
J.A.Textile / Dec 11 J.A. Textile Mills Limited(JATM)	46.64 ▼ -3.78 (-7.50%)
Reliance Cotton / Dec 11 Reliance Cotton Spinning Mills Limited(RCML)	629 ▼ -51.00 (-7.50%)
Sunrays Textile / Dec 11 Sunrays Textile Mills Limited(SUTM)	111 ▼ -9.00 (-7.50%)
Masood Textile / Dec 11 Masood Textile Mills Limited(MSOT)	53.20 ▼ -4.30 (-7.48%)

Stock	Volume
K-Electric Ltd. / Dec 11 K-Electric Limited(KEL)	342,535,258 ▲ 0.05
WorldCall Telecom / Dec 11 Worldcall Telecom Limited(WTL)	98,557,282 ▲ 0.05
Kohinoor Spining / Dec 11 Kohinoor Spinning Mills Limited(KOSM)	65,177,500 ▲ 0.61
P.T.C.L. / Dec 11 Pakistan Telecommunication Company Ltd(PTC)	63,595,500 ▲ 0.45
Askari Bank / Dec 11 Askari Bank Limited(AKBL)	57,594,500 ▲ 0.57
Hascol Petrol / Dec 11 Hascol Petroleum Limited(HASCOL)	54,822,000 ▲ 0.57
Fauji Foods Ltd / Dec 11 Fauji Foods Limited(FFL)	47,998,197 ▲ 0.10
Cnergyico PK / Dec 11 Cnergyico PK Limited(CNERGY)	46,684,647 ▼ -0.16
Pak Refinery / Dec 11 Pakistan Refinery Limited(PRL)	41,814,767 ▼ -1.64
Telecard Limited / Dec 11 Telecard Limited(TELE)	37,055,844 ▲ 0.37

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 11	284.32
USD PKR Interbank Buying / Dec 11	283.77
USD to Japanese Yen / Dec 11	145.58
USD to Swiss Franc / Dec 11	0.88
Pound Sterling to USD / Dec 11	1.25
Euro to USD / Dec 11	1.08
UK LIBOR % / Dec 8	5.48

Stock	Volume
S&P 500 / Dec 8	4604.37
Nasdaq / Dec 8	14403.97
Dow Jones / Dec 8	36247.87
India Sensex / Dec 11	69967.53
Tokyo Nikkei / Dec 11	32791.80
Hang Seng / Dec 11	16156.22
FTSE 100 / Dec 11	7549.32
Germany DAX 30 / Dec 11	16771.35
France CAC40 / Dec 11	7538.69

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 8	17235
Gold 10 Grams PKR / Dec 8	187414
Crude Oil USD/Barrel / Dec 11	71.63
Gold Spot USD/Ounce / Dec 11	1996.45
Cotton US¢/pound / Dec 11	82.25

Calculate your monthly liability in FY24

Crude Oil

Most Popular Articles