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Crude Oil

US oil may fall to $69.35

US oil may fall to $69.35

  • The lower channel suggests a target around $67.59, which will be confirmed when the support at $69.02 is broken
Published 19 Jul, 2021 12:15pm
Oil track for big weekly drop as supply concerns mount
Markets

Oil track for big weekly drop as supply concerns mount

  • Brent crude was down 82 cents, or 1.1%, at $72.65 a barrel, heading for a 3.8% fall this week.
  • Saudi Arabia and the UAE reached a compromise this week, paving the way for OPEC+ producers to finalise a deal to increase production.
Published 16 Jul, 2021 09:05pm
PMEX daily trading report
Markets

PMEX daily trading report

KARACHI: On Wednesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 13.108...
Published 16 Jul, 2021 04:34am
Oil prices extend losses on expected supply increase
Markets

Oil prices extend losses on expected supply increase

  • Saudi Arabia and UAE reach compromise on oil supply.
  • US crude stockpiles fall for eighth week –EIA.
  • US fuel stocks rose despite reduced refinery output –EIA.
  • Iran nuclear talks unlikely until mid-August –source.
  • China June crude throughput hit record high.
Published 15 Jul, 2021 05:26pm
PMEX daily trading report
Markets

PMEX daily trading report

KARACHI: On Tuesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 15.636...
Published 15 Jul, 2021 04:03am
PMEX daily trading report
Markets

PMEX daily trading report

KARACHI: On Friday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 16.812...
Published 06 Jul, 2021 03:48am