Trends - Crude Oil - Business Recorder

Crude Oil

Saudi Arabia may raise prices for most oil grades to Asia for June

SINGAPORE: Top oil exporter Saudi Arabia may raise prices for most of the crude grades it sells to Asia in June to...

Published 29 Apr, 2024 03:02pm

Markets

PMEX daily trading report

KARACHI: On Thursday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 31.267...

Published 28 Apr, 2024 02:56am

Markets

PMEX daily trading report

KARACHI: On Wednesday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 28.222...

Published 19 Apr, 2024 05:07am

Markets

China crude oil throughput rises 1.3% in March

BEIJING: China’s oil refinery throughput rose in March as refiners stepped up runs amid signs of a tentative...

Published 16 Apr, 2024 12:45pm

Markets

Oil slips on easing Middle East supply concerns

LONDON: Oil dipped for a second day on Tuesday as concerns about Middle East supply eased after Iran’s weekend...

Updated 16 Apr, 2024 07:25pm

Business & Finance

Rouble slightly weakens against dollar

MOSCOW: The Russian rouble slightly weakened against the US dollar on Monday. By 0715 GMT, the rouble was 0.18%...

Published 16 Apr, 2024 03:38am

Markets

Oil seen opening up after Iran’s attack on Israel, but further gains may depend on response

LONDON: Oil prices are expected to rise on Monday after Iran’s attack on Israel over the weekend, analysts said on...

Published 14 Apr, 2024 05:45pm

World

Niger, China sign crude oil MoU worth $400m

NIAMEY: Niger has signed a memorandum of understanding with Chinese state-owned oil giant China National Petroleum...

Published 14 Apr, 2024 03:23am

Markets

Niger and China sign crude oil MOU worth $400mn

NIAMEY: Niger has signed a memorandum of understanding with Chinese state-owned oil giant China National Petroleum...

Published 13 Apr, 2024 07:56pm

Markets

China March crude oil imports at 49.05mn metric tons

BEIJING: China’s crude oil imports in March fell back from high levels a year earlier but remained strong as key...

Published 12 Apr, 2024 12:28pm

Markets

Indonesia’s Q1 crude oil lifting at 563,000 bpd, energy minister says

JAKARTA: Indonesia’s crude oil lifting was at 563,000 barrels of oil per day (bpd) in the January-March quarter,...

Published 05 Apr, 2024 10:16am

BR Research

Oil prices: Bears out!

It is not quite the panic of 2022, yet, but the international oil market has continued to heat up. Now nearing a...

Published 05 Apr, 2024 09:41am

Markets

High crude oil prices a cause for concern, India’s oil secretary says

NEW DELHI: Rising crude oil prices are a cause for concern for the world’s third-largest importer of the commodity,...

Published 03 Apr, 2024 12:43pm

Business & Finance

Russia struggles to collect oil payments as China, UAE, Turkey raise bank scrutiny

MOSCOW: Russian oil firms face delays of up to several months to be paid for crude and fuel as banks in China, ...

Published 29 Mar, 2024 04:44am

Markets

China Jan-Feb refinery output up 3% on Lunar New Year travels

BEIJING: China’s crude oil throughput in January and February rose 3% compared to the same two months a year...

Published 18 Mar, 2024 12:47pm

Markets

Oil prices climb as attacks on Russian energy facilities intensify

LONDON: Oil benchmark Brent hovered just under the $86 a barrel mark on Monday, extending last week’s gains, as...

Updated 18 Mar, 2024 05:29pm

Markets

Oil prices drift lower

HOUSTON: Oil prices dipped on Friday, a day after topping $85 a barrel for the first time since November, but prices...

Published 17 Mar, 2024 02:49am

Markets

PMEX daily trading report

KARACHI: On Thursday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 35.317...

Published 17 Mar, 2024 02:49am

Markets

Oil prices dip, but set to end week over 3% higher

Oil prices edged lower on Friday but were on track to gain over 3% for the week, boosted by the International Energy...

Updated 15 Mar, 2024 08:32pm

BR Research

Oil prices favouring upside

Having stayed rather calm for four months, international crude oil prices have once again started to look set for...

Published 15 Mar, 2024 09:00am

Markets

PMEX daily trading report

KARACHI: On Wednesday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR23.314...

Published 15 Mar, 2024 04:14am

Markets

Kuwait raises April crude prices for Asia

SINGAPORE: Kuwait raised the official selling price (OSP) for Kuwait Export Crude (KEC) to Asia in April by 30 cents...

Published 12 Mar, 2024 02:29pm

Markets

PMEX daily trading report

KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR37.781 ...

Published 12 Mar, 2024 04:28am

Markets

Oil stable as investors digest rate cut signals

LONDON: Oil prices were little changed on the day on Friday, as investors digested hints of looming interest rate...

Updated 08 Mar, 2024 05:04pm

Markets

Oil prices slip

HOUSTON: Oil prices slipped on Thursday as expectations that US interest rate cuts could be delayed capped gains,...

Published 08 Mar, 2024 03:14am

Markets

China Jan-Feb crude imports rise on strong holiday travel demand

BEIJING: China’s imports of crude oil rose 5.1% in the first two months of 2024 from a year earlier, data showed on...

Published 07 Mar, 2024 09:46am

Markets

Oil prices slip on view US rate cuts could be delayed

LONDON: Oil prices slipped on Thursday as expectations that U.S. interest rate cuts could be delayed capped gains,...

Updated 07 Mar, 2024 09:53pm

Markets

Oil slips as China reforms underwhelm despite OPEC+ support

LONDON: Oil slipped for a second day on Tuesday as concern over China’s plan for growth and uncertainty over the...

Updated 05 Mar, 2024 05:44pm

Markets

PMEX daily trading report

KARACHI: On Friday at PMEX, the traded value of Metals, Energy, COTS/FX and indices was recorded at PKR 41.487...

Published 05 Mar, 2024 03:09am

Markets

Oil rises 1pc on signs of tightening supplies

NEW YORK: Oil prices rose about 1 percent in afternoon trading on Wednesday as geopolitical tensions raged on in the...

Published 22 Feb, 2024 06:55am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 8	278.28
USD PKR Interbank Buying / May 8	278.03
USD to Japanese Yen / May 8	155.25
USD to Swiss Franc / May 8	0.91
Pound Sterling to USD / May 8	1.25
Euro to USD / May 8	1.07

Stock	Volume
S&P 500 / May 7	5187.70
Nasdaq / May 7	16332.56
Dow Jones / May 7	38884.26
India Sensex / May 8	73566.30
Tokyo Nikkei / May 8	38202.37
Hang Seng / May 8	18325.35
FTSE 100 / May 8	8354.28
Germany DAX 30 / May 8	18528.77

Item	Value
Karachi Cotton PKR/37.32 KG / May 7	19935
Petrol/Litre / May 8	288.49
Crude Oil USD/Barrel / May 8	77.89
Gold 10 Grams PKR / May 8	205075
Gold Spot USD/Ounce / May 8	2314.41
Diesel/Litre / May 8	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 8 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 8 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 8 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 8 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 8 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 8 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 8 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 8 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 8 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 8 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 8 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 8 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 8 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 8 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 8 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 8 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 8 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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