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14024hr
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Business Recorder Logo
May 08, 2021 PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

crude oil prices

Russia's crude oil export set to drop 3pc in Q2 vs Q1
Markets

Russia's crude oil export set to drop 3pc in Q2 vs Q1

  • Russia plans to decrease its oil exports in the second quarter 2021 despite an OPEC+ decision to allow the state an additional output hike from April.
  • On a daily basis, Russia's oil exports will drop by some 3% in April-June compared to the first quarter of 2021, Reuters calculations showed.
Published 18 Mar, 2021 09:41pm
Oil hits 13-month highs as market re-balances
Markets

Oil hits 13-month highs as market re-balances

  • Prices rally as producers rein in supply.
  • Brent, WTI hit highest levels since January 2020.
  • US stimulus hopes, tighter supplies support rally.
  • Possible strike could hit Norway's crude production.
Published 15 Feb, 2021 07:12pm
India's retail inflation eases in December, within RBI target
World

India's retail inflation eases in December, within RBI target

  • December's annual retail inflation was 4.59%, down from 6.93% in November to the lowest since September 2019 and below the 5.28% forecast.
  • The central bank may continue its pause at the February's policy meeting and look out for more incoming data.
Published 12 Jan, 2021 07:03pm