PMEX daily trading report KARACHI: On Thursday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 18.418... Published 05 Feb, 2022 05:47am
Markets Brent oil may drop into $85.68-$87.30 range SINGAPORE: Brent oil may drop into a range of $85.68 to $87.30 per barrel, as a five-wave cycle from $77.04 has... Published 03 Feb, 2022 10:24am
Markets Oil prices take a breather as OPEC+ sticks to output plans SINGAPORE: Oil prices eased on Thursday following weak US payrolls data and some profit taking, but remained... Published 03 Feb, 2022 10:22am
Markets US crude, distillate stockpiles fall; gasoline builds: EIA US crude oil and distillate inventories fell last week as fuel demand increased to its highest level since August... Published 02 Feb, 2022 09:40pm
Markets Oil climbs toward 7-year highs on US stock draw, eyes on OPEC+ move TOKYO: Oil prices climbed on Wednesday toward last week's seven-year highs as a draw in US crude stocks confirmed... Published 02 Feb, 2022 01:28pm
Markets Oil slips to $89 as OPEC+, US inventories eyed LONDON: Oil slipped on Tuesday, staying close to a seven-year high hit last week, weighed by expectations of a rise... Published 01 Feb, 2022 03:33pm
Markets ME crude benchmark Dubai climbs SINGAPORE: Middle East crude benchmark Dubai climbed on Monday amid active trading ahead of Lunar New Year ... Published 01 Feb, 2022 04:07am
Markets Supply, geopolitics put oil on track NEW YORK: Oil prices were on track for their biggest monthly gain in almost a year on Monday, boosted by a supply... Published 01 Feb, 2022 04:07am
Markets Palm oil hits record high JAKARTA: Malaysian palm oil futures extended gains to a third session on Thursday, as top producer Indonesia imposed... Published 28 Jan, 2022 04:44am
Markets Oil breaks $90/bbl for the first time since 2014 on Russia tensions NEW YORK: Oil touched $90 a barrel for the first time in seven years on Wednesday, supported by tight supply and... Updated 26 Jan, 2022 09:55pm
Markets Asia’s naphtha NEW DELHI: Asia’s naphtha margins were steady on Tuesday as gains on the back of a decline in crude oil benchmarks... Published 26 Jan, 2022 04:41am
Markets Asia’s naphtha NEW DELHI: Asia’s naphtha refining profit margin eased on Monday, snapping a three-day winning streak, as demand... Published 25 Jan, 2022 05:03am
Markets Oil prices rise on supply fears amid tensions in Eastern Europe, Middle East Brent crude futures rose 81 cents, or 0.9%, to $88.70 a barrel Published 24 Jan, 2022 10:24am
Business & Finance India’s Reliance reports ‘best-ever’ quarter MUMBAI: Indian oil-to-telecoms giant Reliance Industries reported quarterly earnings Friday that beat analyst... Published 24 Jan, 2022 06:50am
World Oil spill tars Peruvian seaside towns, leaves fishermen jobless ANCON: Thousands of barrels of crude oil that were spilled off Peru's central coast have taken a grim toll: dead... Published 23 Jan, 2022 11:29am
Markets Asia’s naphtha crack gains NEW DELHI: Asia’s naphtha crack rose on Friday as European inventories declined for a second straight week, and... Published 22 Jan, 2022 05:46am
Print Local supply of plants, machineries: Sales tax zero-rating withdrawn FBR says the zero-rating to crude oil, which was withdrawn through Finance Act, 2021 has also been restored from January 16, 2022 Updated 21 Jan, 2022 09:32am
Markets Raw sugar hits 2-1/2 week high as crude oil surges LONDON: Raw sugar futures on ICE hit a 2-1/2 week high on Wednesday as crude oil surged due to an outage on a... Published 20 Jan, 2022 04:21am
BR Research The import mystery continues There are now several unexplained import numbers in November and December which require serious explanation from the... Published 19 Jan, 2022 08:37am
Markets Brent climbs above 7-year high on Mideast tensions, tight supply SINGAPORE: Oil prices rose more than $1 on Tuesday to a more than seven-year high on worries about possible supply... Updated 18 Jan, 2022 11:03am
Markets Asia’s naphtha crack plunged NEW DELHI: Asia’s naphtha crack plunged on Monday, snapping a six-session rally, as demand from petrochemical ... Published 18 Jan, 2022 04:20am
Markets Physical crude oil market steams ahead after Omicron blip LONDON/BANGALORE/SINGAPORE: Frantic oil buying driven by supply outages and signs the Omicron variant won't be as... Published 16 Jan, 2022 06:36pm
Markets PMEX daily trading report KARACHI: On Wednesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 10.335... Published 14 Jan, 2022 07:45am
Print Prices of petroleum products may soar further Govt likely to move up rates by upto Rs6 per litre Updated 14 Jan, 2022 12:30pm
BR Research Petroleum revenues The crude oil respite has so far appeared short-lived, putting the government in a tight spot again, in terms of the... Published 07 Jan, 2022 08:03am
Print OPEC+ agrees oil output increase from February LONDON/MOSCOW: OPEC+ agreed on Tuesday to stick to its planned increase in oil output for February because it ... Published 05 Jan, 2022 05:36am
Markets ME Crude: Benchmarks mixed ahead of OPEC meeting SINGAPORE: Middle East crude benchmarks were mixed on Monday, with Oman edging higher while Dubai slipped ahead of a... Published 04 Jan, 2022 06:54am
Markets PMEX daily trading report KARACHI: On Wednesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 9.229... Published 31 Dec, 2021 06:50am
Markets Shipping Intelligence KARACHI: Karachi Shipping Intelligence report incorporating changes till 7 am on Monday (December 21, 2021).... Published 22 Dec, 2021 06:13am
Markets China’s oil imports in Nov from Saudi Arabia fall BEIJING: China’s crude oil imports from Saudi Arabia in November fell 13% from a year earlier, but the kingdom... Published 21 Dec, 2021 04:14am