Trends - Crude Oil - Business Recorder

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

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

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

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

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

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

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

Print

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

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

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

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

Markets

Tanzania approves controversial $3.5bn oil pipeline

DAR ES SALAAM: Tanzania’s government gave its approval on Tuesday for the construction of a $3.5 billion crude oil...

Published 21 Feb, 2023 07:15pm

Markets

Saudi crude exports rise in December from a five-month low

Saudi Arabia’s crude oil exports rose in December after falling to a five-month low the previous month, data from...

Published 20 Feb, 2023 09:19pm

Markets

CBOT soyabean futures firm ahead of long weekend

CHICAGO: Chicago Board of Trade soybean futures inched higher on Friday on light positioning ahead of a three-day US...

Published 19 Feb, 2023 03:19am

Markets

PMEX daily trading report

KARACHI: On Wednesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 22.122...

Published 17 Feb, 2023 06:00am

Markets

Canola futures drop on outside market pressure

CHICAGO: ICE canola futures weakened to their lowest in more than two weeks on Wednesday, pressured by declines in...

Published 17 Feb, 2023 06:00am

Markets

India cuts windfall tax on crude, aviation turbine fuel and diesel

BENGALURU: India has cut its windfall tax on crude oil and exports of aviation turbine fuel and diesel, according to...

Published 16 Feb, 2023 10:41am

Markets

PMEX daily trading report

KARACHI: On Tuesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 34.274...

Published 16 Feb, 2023 06:08am

Markets

Oil prices jump 2% on Russian plan to cut output

LONDON: Oil prices jumped more than 2% on Friday, heading for weekly gains, as Russia announced plans to reduce oil...

Updated 10 Feb, 2023 06:47pm