Trends - Crude Oil - Business Recorder

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July non-tax revenue down 13pc to Rs40.822bn YoY

ISLAMABAD: A decline of around 13 percent has been recorded in non-tax revenue in the first month of the current...

Updated 12 Oct, 2022 09:38am

Markets

China releases first batch of 2023 crude oil import quotas

SINGAPORE: China has issued the first batch of crude oil import quotas for 2023, mainly to independent refiners, ...

Published 09 Oct, 2022 05:51am

Markets

China releases first batch of 2023 crude oil import quotas

SINGAPORE: China has issued the first batch of crude oil import quotas for 2023, mainly to independent refiners,...

Published 08 Oct, 2022 12:45pm

Markets

US natgas higher on firmer crude oil prices

NEW YORK: US natural gas futures rose for a second straight session on Wednesday, tracking gains in crude oil, and...

Published 06 Oct, 2022 05:59am

Markets

Oil prices jump $3/bbl ahead of OPEC+ meeting to discuss supply cuts

NEW YORK: Oil prices rose by about $3 a barrel on Tuesday on expectations of a large cut in crude output from the...

Updated 04 Oct, 2022 09:14pm

Markets

OPEC+ to consider oil cut of over than 1 million bpd: sources

DUBAI: OPEC+ will consider an oil output cut of more than a million barrels per day (bpd) next week, OPEC sources...

Published 02 Oct, 2022 10:07pm

Markets

Oil drifts lower

HOUSTON: Oil prices dipped on Friday in choppy trading but notched their first weekly gain in five on Friday,...

Published 02 Oct, 2022 05:48am

Markets

Oil up near $90 as OPEC+ considers output cut

NEW YORK: Oil prices rose on Thursday for a second day, briefly touching $90 per barrel as leading OPEC+ members...

Updated 29 Sep, 2022 09:23pm

Markets

Oil prices slide, hit 9-month lows as dollar strengthens

Oil prices hit nine-month lows on Monday in choppy trade, pressured by a strengthening dollar as market participants...

Updated 26 Sep, 2022 10:05pm

BR Research

OGDCL – improved production in FY23?

Oil and Gas Development Company Limited (PSX: OGDCL) - the largest oil and gas exploration and production company ...

Published 26 Sep, 2022 08:56am

Markets

Oil rises 2% on supply concerns, expectations for fuel switching

NEW YORK: Oil rose about 2% on Wednesday, rebounding from the previous day’s lows, as an international energy...

Updated 14 Sep, 2022 09:18pm

Markets

Oil prices rise as supply uncertainty mounts

LONDON: Oil prices rose on Monday as Iranian nuclear talks appeared to hit obstacles and an embargo on Russian oil...

Updated 12 Sep, 2022 08:39pm

Markets

Nigeria’s oil output at 32-year low as thieves hobble output

LAGOS: Nigeria’s crude oil production fell below 1 million barrels per day (bpd) in August, figures from its...

Updated 09 Sep, 2022 07:41pm

Markets

U.S. crude stocks jump by nearly 9 million barrels: EIA

U.S. crude stockpiles surged by nearly 9 million barrels last week due to a combination of increased imports and...

Published 08 Sep, 2022 08:52pm

Markets

Oil edges up from 7-mth low as Russia threatens export halt

NEW YORK: Crude prices edged up about 1% on Thursday after dropping to a seven-month low in the prior session after...

Updated 08 Sep, 2022 09:41pm

Markets

China’s August crude oil imports drop on lower refinery runs

SINGAPORE: China’s crude oil imports in August fell 9.4% from a year earlier, customs data showed on Wednesday, as...

Published 07 Sep, 2022 10:38am

Markets

Oil rises after Russia’s Putin threatens to halt supply

LONDON: Oil prices rose on Wednesday on threats that Russia will walk away from its energy supply contracts,...

Updated 07 Sep, 2022 04:06pm

Markets

Saudi Arabia lowers Oct Arab Light crude prices to Asia

Saudi Arabia lowered October official selling prices (OSPs) for its flagship Arab light crude it sells to Asia by...

Published 06 Sep, 2022 06:49pm

Markets

India's future crude oil supplies will mostly come from Gulf: oil minister

MILAN: India's minister of petroleum and natural gas, Hardeep Singh Puri, said most of his country's crude oil...

Updated 06 Sep, 2022 12:27pm

Markets

Oil prices jump more than 3% as OPEC+ agrees small oil output cut

HOUSTON: Oil prices rose more than 3% on Monday, extending gains as OPEC+ producers agreed a small oil production ...

Updated 05 Sep, 2022 08:16pm

Markets

Asia’s gsoline margin extends fall on demand worries

NEW DELHI: Asia’s refining profit margin for gasoline extended losses on Thursday on poor demand outlook globally...

Published 02 Sep, 2022 06:00am

Markets

Oil slides 3% as China lockdowns stoke demand fears

LONDON: Oil prices tumbled 3% on Thursday, as new COVID-19 lockdown measures in China added to worries that high...

Updated 01 Sep, 2022 09:06pm

Markets

PMEX daily trading report

KARACHI: On Tuesday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 22.831...

Published 01 Sep, 2022 05:50am

Markets

U.S. crude stocks down, distillate stocks edge up

Crude stocks fell in the most recent week, while distillate inventories rose slightly and demand rebounded, the U.S....

Published 31 Aug, 2022 08:20pm

Markets

Oil slides more than $4 on inflation and Iraq exports

HOUSTON: Oil prices fell about $4 a barrel on Tuesday on fears that an inflation-induced weakening of global...

Updated 30 Aug, 2022 09:33pm

Markets

PMEX daily trading report

KARACHI: On Friday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 27.151 ...

Published 30 Aug, 2022 06:21am

Markets

Saudi Arabia may cut October crude prices for Asia

SINGAPORE: Top oil exporter Saudi Arabia could slash October prices for most crude grades it sells to Asia after a...

Published 29 Aug, 2022 02:28pm

Markets

Oil edges higher on prospect of OPEC+ supply cut

LONDON: Oil edged higher on Monday to extend last week’s gains as potential OPEC+ output cuts and conflict in Libya...

Updated 29 Aug, 2022 05:15pm

Markets

Oil prices ease on possible Iran oil exports, rising interest rates

NEW YORK: Oil prices eased on Thursday in volatile trade as investors braced for the possible return of sanctioned...

Updated 25 Aug, 2022 09:49pm

Markets

Oil ends higher on US response to Iran nuclear deal comments

NEW YORK: Oil prices ended Wednesday higher after a volatile trading session on concerns that the United States will...

Published 25 Aug, 2022 06:08am