Trends - Crude Oil - Business Recorder

Crude Oil

Oil slides amid concerns over health of banking sector

LONDON: Oil prices fell sharply on Friday amid declining European banking shares and after U.S. Energy Secretary...

Updated 24 Mar, 2023 08:08pm

Markets

Oil crawls up as dollar weakens

BENGALURU: Oil prices edged higher on Thursday days after hitting their lowest since late 2021, supported by rising...

Published 24 Mar, 2023 05:55am

Markets

Oil hits lowest since 2021 on banking fears

LONDON: Oil prices fell on Monday to their lowest in 15 months on concern that risks in the global banking sector...

Updated 20 Mar, 2023 05:14pm

BR Research

Oil: Can the selloff sustain?

It took no less than a full-blown banking crisis for international oil markets to extend losses for well over a ...

Published 20 Mar, 2023 07:37am

Markets

Pakistan to receive first cargo of Russian crude in April: Musadik Malik

Pakistan will receive one-third of its crude oil imports from Russia at concessional rate, says minister for petroleum

Updated 17 Mar, 2023 05:04pm

Markets

Gasoil trading liquidity improves

SINGAPORE: Asia’s 10-ppm sulphur gasoil trading liquidity picked up after a myriad of sellers emerged to offload...

Published 17 Mar, 2023 06:15am

Markets

PMEX daily trading report

KARACHI: On Wednesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 31.194...

Published 17 Mar, 2023 06:15am

Markets

Saudi January crude exports hit three-month high

Saudi Arabia’s crude oil exports rose nearly 3% in January to a three-month high, data from the Joint Organisations...

Published 16 Mar, 2023 06:46pm

Markets

Kuwait to cut crude supplies to some Asian refiners as Al Zour refinery ramps up

NEW DELHI: Kuwait has asked some Asian refiners to take less oil under their annual deals as the OPEC producer hopes...

Published 15 Mar, 2023 05:13pm

Markets

PMEX daily trading report

KARACHI: On Monday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 33.332...

Published 15 Mar, 2023 06:01am

Markets

PMEX daily trading report

KARACHI: On Friday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 22.672...

Published 14 Mar, 2023 03:18am

Markets

Asia’s naphtha refining profit plunges

NEW DELHI: Asia’s naphtha refining profit plunged to its lowest level since Feb. 1 on Monday, mirroring the...

Published 14 Mar, 2023 03:18am

Markets

Aramco’s Nasser says oil market tightly balanced

DUBAI: Aramco’s chief executive Amin Nasser said on Sunday the market would remain tightly balanced in the short to...

Published 12 Mar, 2023 07:09pm

Markets

Oil prices set for 5% weekly drop on US rate hike jitters

LONDON: Oil fell for a fourth session on Friday, heading for its biggest weekly loss in five weeks on worries about...

Updated 10 Mar, 2023 06:44pm

BR Research

ATRL in 1HFY23

Attock Oil Group’s refinery, Attock Refinery Limited (PSX: ATRL) in its latest announcement for its financial...

Published 10 Mar, 2023 08:39am

Markets

Gasoil margins little changed but prompt buyers emerge

SINGAPORE: Asia’s 10-ppm sulphur gasoil margins were little changed at $25.06 a barrel, fluctuating in the $1 a...

Published 08 Mar, 2023 06:20am

Markets

PMEX daily trading report

KARACHI: On Monday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 13.142...

Published 08 Mar, 2023 06:20am

Markets

US wants hike in global crude output, including from OPEC: official

HOUSTON: The United States wants to see a hike in oil production, including from OPEC countries, said a senior State...

Published 07 Mar, 2023 01:14pm

Markets

China’s Jan-Feb crude oil imports at 84.06mn tonnes, down 1.3% on year

BEIJING: China imported 84.06 million tonnes of crude oil in January and February this year, representing a 1.3%...

Published 07 Mar, 2023 10:47am

Business & Finance

India raises crude oil windfall tax, cuts diesel export tax

NEW DELHI: India raised its windfall tax on crude oil marginally while cutting the tax on exports of diesel,...

Published 05 Mar, 2023 03:36am

Markets

PMEX daily trading report

KARACHI: On Tuesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 17.226...

Published 02 Mar, 2023 06:23am

Markets

US crude stockpiles rise for tenth consecutive week: EIA

US crude oil inventories rose for the 10th week in a row, surging to their most since May 2021, but record US...

Published 01 Mar, 2023 09:10pm

Markets

PMEX daily trading report

KARACHI: On Monday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 16.386...

Published 01 Mar, 2023 06:21am

Markets

Gasoil margins up as some buyers make a comeback

SINGAPORE: Asia’s 10 ppm sulphur gasoil margins opened the week firmer by 7% to $24.22 per barrel, compared with...

Published 28 Feb, 2023 06:15am

Markets

PMEX daily trading report

KARACHI: On Friday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 22.134...

Published 28 Feb, 2023 06:15am

Markets

Oil gains as Russian output cuts offset rising U.S. inventories

LONDON: Oil prices extended gains for a second session on Friday as the prospect of lower exports from Russia offset...

Updated 24 Feb, 2023 06:27pm

Markets

Oil prices rise, but US inventories weigh

NEW YORK: Oil prices jumped more than 2 percent on Thursday but then pared gains as a much sharper rise than ...

Published 24 Feb, 2023 06:00am

Markets

PMEX daily trading report

On Wednesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 18.222 billion and...

Published 24 Feb, 2023 06:00am

Markets

Oil prices firm, but rise in US inventories looms

LONDON: Oil prices firmed on Thursday after Brent crude posted its biggest one-day loss for seven weeks in the...

Updated 23 Feb, 2023 06:02pm

Markets

Oil falls on fuel demand worries ahead of U.S. Fed comments

LONDON: Oil prices fell on Wednesday as concerns about fuel demand were stoked by expectations minutes of the U.S....

Updated 22 Feb, 2023 08:37pm

Gainers
Losers
Leaders

Stock	Price
Chakwal Spinning / Mar 30 Chakwal Spinning Mills Limited(CWSM)	1.36 ▲ 0.20 (17.24%)
First IBL Mod. / Mar 30 First IBL Modaraba(FIBLM)	5.90 ▲ 0.60 (11.32%)
First Pak Mod. / Mar 30 First Pak Modaraba(PAKMI)	1.34 ▲ 0.13 (10.74%)
Dewan Sugar / Mar 30 Dewan Sugar Mills Limited(DWSM)	2.57 ▲ 0.23 (9.83%)
Unicap Modaraba / Mar 30 Unicap Modaraba(UCAPM)	1.77 ▲ 0.15 (9.26%)
Premier Insurance / Mar 30 Premier Insurance Limited(PINL)	7.50 ▲ 0.63 (9.17%)
B.R.R.Guardian / Mar 30 B.R.R. Guardian Modaraba(BRR)	12.04 ▲ 0.99 (8.96%)
Ismail Ind. / Mar 30 Ismail Industries Limited(ISIL)	518.26 ▲ 36.15 (7.50%)
Khyber Tex. / Mar 30 Khyber Textile Mills Limited(KHYT)	397.42 ▲ 27.72 (7.50%)
Suraj Cotton / Mar 30 Suraj Cotton Mills Limited(SURC)	102.53 ▲ 7.15 (7.50%)

Stock	Price
First Prudential Mod. / Mar 30 First Prudential Modaraba(PMI)	1.40 ▼ -0.24 (-14.63%)
Trust Mod. / Mar 30 Trust Modaraba(TRSM)	1.30 ▼ -0.20 (-13.33%)
Sapphire Fibres / Mar 30 Sapphire Fibres Limited(SFL)	1018 ▼ -82.00 (-7.45%)
Sardar Chemical / Mar 30 Sardar Chemical Industries Limited(SARC)	32 ▼ -2.55 (-7.38%)
Gadoon Textile / Mar 30 Gadoon Textile Mills Limited(GADT)	192.50 ▼ -15.30 (-7.36%)
Philip Morris Pak. / Mar 30 Philip Morris (Pakistan) Limited(PMPK)	461 ▼ -36.43 (-7.32%)
Pakistan Services / Mar 30 Pakistan Services Limited(PSEL)	876 ▼ -69.10 (-7.31%)
Shield Corp. / Mar 30 Shield Corporation Limited(SCL)	282 ▼ -22.00 (-7.24%)
Bal. Wheel / Mar 30 Baluchistan Wheels Limited(BWHL)	68.42 ▼ -5.18 (-7.04%)
JDW Sugar / Mar 30 JDW Sugar Mills Limited(JDWS)	356 ▼ -26.79 (-7.00%)

Stock	Volume
Telecard Limited / Mar 30 Telecard Limited(TELE)	12,447,500 ▼ -0.21
WorldCall Telecom / Mar 30 Worldcall Telecom Limited(WTL)	9,398,662 ▲ 0.01
Pakistan Alumin / Mar 30 Pakistan Aluminium Beverage Cans Limited(PABC)	7,638,000 ▲ 0.23
Pak Elektron / Mar 30 Pak Elektron Limited(PAEL)	6,136,500 ▼ -0.05
Pak Int.Bulk / Mar 30 Pakistan International Bulk Terminal(PIBTL)	6,018,500 ▲ 0.08
Engro Corp / Mar 30 Engro Corporation Limited(ENGRO)	5,429,492 ▼ -0.02
Nishat Mills Ltd / Mar 30 Nishat Mills Limited(NML)	4,517,879 ▲ 0.46
Shifa Int.Hosp / Mar 30 Shifa International Hospitals Limited(SHFA)	4,299,000 ▼ -1.99
Agha Steel Ind. / Mar 30 Agha Steel Ind.Ltd(AGHA)	3,645,000 ▲ 0.36
K-Electric Ltd. / Mar 30 K-Electric Limited(KEL)	3,416,092 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 30	284.05
USD PKR Interbank Buying / Mar 30	283.80
USD to Japanese Yen / Mar 30	132.47
USD to Swiss Franc / Mar 30	0.92
Pound Sterling to USD / Mar 30	1.23
Euro to USD / Mar 30	1.08
UK LIBOR % / Mar 29	4.81

Stock	Volume
S&P 500 / Mar 29	4027.81
India Sensex / Mar 29	57960.09
Nasdaq / Mar 29	11926.24
Dow Jones / Mar 29	32717.60
Tokyo Nikkei / Mar 30	27782.93
Hang Seng / Mar 30	20309.13
FTSE 100 / Mar 30	7578.80
Germany DAX 30 / Mar 30	15430.39
France CAC40 / Mar 30	7235.99

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 29	18935
Gold 10 Grams PKR / Mar 29	176268
Crude Oil USD/Barrel / Mar 30	72.81
Gold Spot USD/Ounce / Mar 30	1963.79
Cotton US¢/pound / Mar 30	82.34

Crude Oil

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