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coronavirus
Coronavirus
VERY HIGH
Source: covid.gov.pk
Pakistan Deaths
29,162
2524hr
Pakistan Cases
1,393,887
7,53924hr
Sindh
533,496
Punjab
469,540
Balochistan
34,131
Islamabad
122,098
KPK
187,983

Crude Oil

Russian oil exports seen stable in October
Markets

Russian oil exports seen stable in October

  • Russia plans to load 3.5 million tonnes of Urals oil from its Baltic ports in September and 1.6 million tonnes of Urals and Siberian Light oil from the Black Sea's Novorossiisk.
  • Traders believe this will not be the case this time due to production cuts by Russia within the OPEC+ global deal.
Published 18 Sep, 2020 07:02pm
Oil falls as crews return to US Gulf rigs
Markets

Oil falls as crews return to US Gulf rigs

  • US oil producers restart operations after hurricane.
  • Concerns about weak fuel demand back in focus.
  • OPEC+ online meeting in focus.
  • US data likely to show high levels of jobless claims.
Published 17 Sep, 2020 05:48pm
Russian oil exports seen flat in Q4 at 62.4mn tonnes
Markets

Russian oil exports seen flat in Q4 at 62.4mn tonnes

  • That is against the 62.8 million tonnes seen in the third quarter.
  • The schedule showed that Urals blend exports from the Baltic Sea ports will reach 18.5 million tonnes, up from 17.8 million tonnes in the current quarter.
Published 16 Sep, 2020 08:39pm
Oil majors' renewable drive pushes up price tags on assets
Markets

Oil majors' renewable drive pushes up price tags on assets

  • BP, Shell and Total have all announced renewable expansion plans this year to reduce their reliance on fossil fuels and meet internal climate targets.
  • SSE also earlier this year sold a 51% stake in its Seagreen 1 British offshore wind farm project to France's Total.
Published 16 Sep, 2020 06:56pm