Trends - Crude Oil - Business Recorder

Crude Oil

Oil prices surge 4% on worries of escalation in Middle East conflict

HOUSTON: Oil prices surged 4% on Monday, recouping some of the steep losses last week, as clashes between Israel and...

Updated 09 Oct, 2023 08:31pm

BR Research

Oil: Enter the bears

The oil bull rally finally lost steam. Having threatened to touch the magical $100/bbl and go beyond – just two...

Published 06 Oct, 2023 08:51am

Markets

PMEX daily trading report

KARACHI: On Wednesday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 18.098...

Published 06 Oct, 2023 03:03am

Business & Finance

Russian rouble slumps past 99 vs dollar to near seven-week low

MOSCOW: The rouble slumped past 99 against the dollar to a near seven-week low on Monday, having now lost support of...

Published 03 Oct, 2023 06:02am

Business & Finance

Nearby Brent crude spread hits 2023 high on tight supply

LONDON: The spread between the front and second month contract for global oil benchmark Brent has widened to its...

Published 29 Sep, 2023 06:24am

Business & Finance

Spain’s inflation rises to 3.5% in Sept as energy prices soar

Spain’s headline inflation rose to 3.5% in September, boosted by the soaring cost of energy, preliminary data from...

Published 28 Sep, 2023 02:59pm

Markets

Oil prices ease 1% on profit taking, interest rate worries

NEW YORK: Oil futures eased about 1% on Thursday, as traders took profits after prices soared early to 10-month ...

Updated 28 Sep, 2023 10:03pm

BR Research

Oil’s march to $100

Brent crude oil crossed $95/bbl for the first time since November 2022 – having soared nearly 2 percent in early...

Published 28 Sep, 2023 08:59am

Markets

PMEX daily trading report

KARACHI: On Wednesday at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 26.748...

Published 22 Sep, 2023 03:33am

Markets

Oil prices continue to rally on tight supply

LONDON: Global oil benchmark Brent crude hovered above $94 a barrel on Monday, with investors focused on the...

Updated 18 Sep, 2023 04:58pm

Markets

KP produces 31,000 barrels of crude oil per day

PESHAWAR: Out of the total 71,000 barrels of the national crude oil production per day Khyber Pakhtunkhwa is...

Updated 18 Sep, 2023 09:25am

Markets

Oil set for another weekly gain on tight supply and China optimism

LONDON: Oil was on track for a third weekly gain as supply tightness spearheaded by Saudi Arabian production cuts...

Updated 15 Sep, 2023 07:16pm

Markets

Palm rises for second session on stronger rival oils

JAKARTA: Malaysian palm oil futures rose on Thursday, extending gains to a second day, supported by recovery in...

Published 15 Sep, 2023 06:31am

Markets

China’s strong crude oil, coal and iron ore imports flatter to deceive

LAUNCESTON, (Australia): China’s imports of most major commodities rebounded in August, but the strength in...

Published 12 Sep, 2023 06:22am

Markets

Oil cut extension raises risk of Saudi economic contraction this year

DUBAI: Saudi Arabia faces the risk of an economic contraction this year following its decision to extend crude...

Published 10 Sep, 2023 01:01pm

Markets

China’s Aug crude oil, soybean imports jump

BEIJING: China imported 9.36 million metric tons of soybeans in August, customs data showed on Thursday, jumping 31%...

Published 10 Sep, 2023 03:20am

Markets

Japan shares extend highs as weak yen boosts autos, energy stocks gain

TOKYO: Japanese equities closed at new highs on Wednesday, with the weakest yen rate since November boosting...

Updated 06 Sep, 2023 12:07pm

Markets

Oil falls below $90 as markets shuffle back from supply jitters

NEW YORK: Oil prices fell below $90 a barrel on Wednesday, after rising over 1% the previous session, on a stronger...

Updated 06 Sep, 2023 09:29pm

Markets

Saudi Arabia extends voluntary oil output cut of 1 million bpd to end-2023

DUBAI: Saudi Arabia will extend its voluntary oil output cut of 1 million barrels per day for another three months...

Published 05 Sep, 2023 07:04pm

Markets

Oil edges up on US crude stockpile draw, hurricane jitters

NEW YORK: Oil prices extended gains on Wednesday after U.S. government data showed tighter-than-expected crude...

Updated 30 Aug, 2023 08:28pm

Markets

European shares close two-week high

PARIS: European shares closed at a two-week high on Tuesday, led by miners on strength in metal prices and the...

Published 30 Aug, 2023 03:33am

Markets

Oil rises as Hurricane Idalia threatens to hit tight supplies

BENGALURU: Oil prices edged higher on Tuesday as Hurricane Idalia intensified as it headed towards Florida’s Gulf...

Published 30 Aug, 2023 03:33am

Markets

Oil slips, US Fed chief’s speech in spotlight

LONDON: Oil prices slipped on Thursday on disappointing economic data from key economies, with investors awaiting a...

Updated 24 Aug, 2023 07:17pm

Opinion

Petrol prices in India and Pakistan: the differential

The price of petrol is regulated in both India and Pakistan. It is sold at a price fixed by the governments of the...

Updated 24 Aug, 2023 10:31am

Markets

Oil steadies as China woes persist

LONDON: Oil prices were little changed on Tuesday as investors remained focused on the likelihood of China’s...

Updated 22 Aug, 2023 06:44pm

Markets

Crude battles interest rates, demand uncertainty

HOUSTON: Crude oil fell into negative territory as it battled possible US interest rate increases and uncertainty...

Published 22 Aug, 2023 06:03am

Markets

Oil steadies as China fears counter tight US supply

Oil prices were little changed on Wednesday despite a large drawdown in U.S. crude oil stocks as investors weighed...

Updated 16 Aug, 2023 09:23pm

BR Research

Oil shows no retreat

As Brent crude stays firm staying over $85/bbl, showing strong resistance – energy commodities outside of oil have...

Published 16 Aug, 2023 08:31am

India raises concerns over oil market volatility with producer countries

NEW DELHI: India has flagged concerns over volatility in the global oil prices to major oil producers and...

Updated 11 Aug, 2023 08:43am

Markets

Oil steadies ahead of US inflation data

LONDON: Oil prices stabilised on Thursday as investor caution dominated ahead of inflation data expected to offer...

Updated 10 Aug, 2023 05:15pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 10	278.14
USD PKR Interbank Buying / May 10	277.97
USD to Japanese Yen / May 10	155.70
USD to Swiss Franc / May 10	0.91
Pound Sterling to USD / May 10	1.25
Euro to USD / May 10	1.08

Stock	Volume
S&P 500 / May 9	5214.08
Nasdaq / May 9	16346.27
Dow Jones / May 9	39387.76
India Sensex / May 10	72468.66
Tokyo Nikkei / May 10	38229.11
Hang Seng / May 10	18970.69
FTSE 100 / May 10	8438.19
Germany DAX 30 / May 10	18827.29

Item	Value
Crude Oil USD/Barrel / May 10	79.87
Karachi Cotton PKR/37.32 KG / May 10	19935
Gold 10 Grams PKR / May 10	209019
Gold Spot USD/Ounce / May 10	2369.35
Cotton US¢/pound / May 10	78.18
Petrol/Litre / May 11	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 11 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 11 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 11 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 11 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 11 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 11 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 11 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 11 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 11 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

Crude Oil

Most Popular