Asia’s naphtha cracks mixed SINGAPORE: Asia’s naphtha crack dipped on Thursday, while gasoline crack rose amid a drop in oil prices. The... Published 16 Jul, 2021 04:34am
Markets OPEC sees world oil demand reaching pre-pandemic level in 2022 Oil demand seen at 99.86 million bpd in 2022, similar to 2019 Updated 15 Jul, 2021 10:03pm
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
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
Markets China Jan-June crude imports fall, first H1 drop since 2013 Tuesday's data also showed refined fuel exports rose nearly two-thirds over a year earlier to 6.44 million tonnes. Published 13 Jul, 2021 10:42am
BR Research E&P production flows: oil upbeat Crude oil production in the country has been higher in FY21 versus FY20 due to lesser lockdowns and restrictions... Published 12 Jul, 2021 08:10am
Markets Oil prices firm as US inventories decline US oil and gasoline stocks fall as fuel demand rises. OPEC+ impasse fuels uncertainty over global supply. Fears of rising COVID-19 cases also weigh. Updated 09 Jul, 2021 05:07pm
Markets US oil may rise into $73.87-$74.60 range A moderate correction was triggered by the resistance at $73.34 Published 09 Jul, 2021 10:47am
Markets Brent oil may bounce more into $75.21-$76.21 range It is not very clear if the uptrend from $64.57 has resumed Published 09 Jul, 2021 10:40am
BR Research Oil to rise on Opec failed deal An unexpected failure at the Opec Plus much anticipated meeting was the latest excuse WTI crude oil needed to push... Published 09 Jul, 2021 08:12am
Markets Oil prices rise after big draw in US crude, gasoline stocks • Russia mediating in bid to rescue OPEC+ deal NEW YORK: Oil prices rose on Thursday, rebounding from early ... Published 09 Jul, 2021 04:25am
Markets US oil may bounce to $73.34 The fall could be broken down into three small waves Published 08 Jul, 2021 10:57am
Markets Brent oil may bounce into $74.40-$75.21 range The wave c and the wave a are roughly equal, as revealed by a projection analysis. Such a relation confirms the completion Published 08 Jul, 2021 10:52am
Markets Brent oil may retest support at $74.34 The fall observes a set of retracements on the rise from $70.95 Published 07 Jul, 2021 10:45am
Markets Asian oil buyers fret over margin impact of cancelled OPEC+ meeting SINGAPORE: Crude oil buyers in Asia are concerned that an unexpected cancellation of an OPEC+ meeting to discuss a... Published 07 Jul, 2021 04:28am
Markets US oil faces resistance zone of $76.83-$77.29 Support is at $76.14, a break below which could cause a fall into $74.99-$75.48 Published 06 Jul, 2021 10:53am
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
Markets Oil edges up as OPEC+ seeks to break impasse over supply The Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+ Updated 05 Jul, 2021 12:41pm
Markets US oil may retest resistance at $76.14 The contract is riding on a wave C, which may extend to $77.29, as it briefly travelled above $74.99, its 138.2% projection level Published 05 Jul, 2021 10:33am
Markets Brent oil may retest resistance at $76.89 Even though oil failed twice to break the resistance, the uptrend looks steady within a rising channel, which suggests a target at $78.35 Published 05 Jul, 2021 10:30am
Markets US oil may retest resistance at $76.14 The contract is riding on a wave C, which may travel $77.29, as it shows no sign of completion around $74.99 Published 02 Jul, 2021 11:05am
BR Research Pakistan Oilfields Limited (POL) Pakistan Oilfields Limited (PSX: POL) is a key player in the local E&P oil and gas sector primarily engaged in... Published 02 Jul, 2021 07:40am
Markets Oil prices up more than 1% on demand picture, OPEC+ output plan OPEC+ to add 2mn bpd to market in August-December – source. Cushing inventories drop to lowest since March 2020 –EIA. Delta variant limits expectation for demand growth. Published 01 Jul, 2021 09:47pm
Markets Oil climbs while OPEC+ considers output increase WTI rose more than 10% in June, Brent more than 8%. Cushing inventories drop to lowest since March 2020 –EIA. Brent to average $67.48/bbl; WTI $64.54 in 2021 -Reuters poll. OPEC+ to add 2 mln bpd to market in August-December – source. Published 01 Jul, 2021 06:46pm
Markets US oil may break resistance at $74.14 Key support is at $72.70, a break below which could cause a fall into $71.28-$71.96 range Published 01 Jul, 2021 10:43am
Markets Brent oil may test resistance at $75.24 On the daily chart, oil has completed a pullback towards $73.50. It may have resumed its rise towards $77.96 Published 01 Jul, 2021 10:37am
Markets OPEC+ summit could lead to modest rise in oil output Four hours later they are to be joined by 10 allied oil producing countries led by Russia Published 01 Jul, 2021 09:45am
Markets Commodity out performance switching to energy from metals LAUNCESTON, (Australia): The rally in commodity prices is likely to see a shift from metals to energy resources, ... Published 01 Jul, 2021 04:09am
Markets Oil rises on lower U.S. stockpiles, demand recovery U.S. crude stockpiles fell last week for the sixth straight week as refiners ramped up output in response to rising demand, the Energy Information Administration said. Published 01 Jul, 2021 12:03am
Markets Oil rises on lower US stockpiles but OPEC warns of 2022 glut US crude stockpiles fall more than 8 mln barrels. Oil prices heading for seventh monthly gain in eight. OPEC to discuss extension of supply cut deal-sources. Published 30 Jun, 2021 08:08pm
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?
Behind the screens: SECP probe into State Life’s equity investment process opens Pandora’s box at PSX?