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Coronavirus
VERY HIGH Source: covid.gov.pk
Pakistan Deaths
27,072
6824hr
Pakistan Cases
1,218,749
2,92824hr
5.08% positivity
Sindh
448,658
Punjab
419,423
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32,707
Islamabad
103,720
KPK
170,391

Crude Oil

Nigeria’s oil exports drop
Markets

Nigeria’s oil exports drop

LONDON: Oil exports from Nigeria, Africa’s top producer and an OPEC member, have dropped by 130,000 barrels per ...
Published 23 May, 2021 03:06am
US oil may test support at $60.98
Markets

US oil may test support at $60.98

  • The contract has broken a support at $62.13. The next support will be at $60.98, around which a bounce may occur, as this support will be stronger than the one at $62.13.
Published 21 May, 2021 12:30pm
PMEX daily trading report
Markets

PMEX daily trading report

KARACHI: On Wednesday, at PMEX the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 19.186...
Published 21 May, 2021 05:04am
U.S. oil may rise to $64.71
Markets

U.S. oil may rise to $64.71

  • In terms of duration or depth, the fall looks far from complete. Eventually, oil could drop to $62.13 again.
Published 20 May, 2021 01:02pm
Brent oil may bounce to $67.89
Markets

Brent oil may bounce to $67.89

  • The pattern from the March 8 high of $71.38 may turn out to be double-top or a flat or a triangle. It is still too early to confirm any of them.
Published 20 May, 2021 01:01pm
Palm oil slips 3.5pc
Markets

Palm oil slips 3.5pc

KUALA LUMPUR: Malaysian palm oil futures dropped 3.5% on Wednesday after the second-largest producer raised its...
Published 20 May, 2021 04:26am
Petroleum tax rationality
BR Research

Petroleum tax rationality

International oil prices are moving up and the government is not passing on the heat of the prices to the consumer ...
Published 18 May, 2021 07:25am
Oil prices steady on hopes for economic recovery
Markets

Oil prices steady on hopes for economic recovery

  • Fresh restrictions imposed in Asia to curb pandemic
  • China April crude throughput slows from peak
  • British economy reopens after four-month lockdown
  • Recovery of US pipeline network eases supply concerns.
Published 17 May, 2021 08:50pm
Oil on track for 9-week high on rising demand outlooks
Markets

Oil on track for 9-week high on rising demand outlooks

  • Brent futures rose $1.09, or 1.6%, to $69.64 a barrel.
  • US West Texas Intermediate (WTI) crude rose $1.08, or 1.7%, to $66.36.
  • India's coronavirus death toll crossed 250,000 in the deadliest 24 hours since the pandemic began.
Updated 12 May, 2021 07:32pm
Brent oil may test support at $67.33
Markets

Brent oil may test support at $67.33

  • On the daily chart, the gain on Monday proved to be a short-lived bluff by bulls. Market sentiment looks mixed, while oil is consolidating around $68.43.
Published 11 May, 2021 12:25pm