Trends - Crude prices - Business Recorder

Crude prices

Oil: Bottomed out?

The bear run in the global crude oil market may soon be short of legs. That much was made clear by Opec – which...

Published 15 Nov, 2023 09:00am

Markets

Wall St falls as Mideast tensions drive risk-off mood

NEW YORK: Wall Street’s main indexes fell on Wednesday as growing tensions in the Middle East dented risk...

Published 19 Oct, 2023 05:10am

Business & Finance

Asian currencies edge lower on caution on ME conflict

BENGALURU: Most Asian emerging market currencies edged lower on Tuesday as the conflict in the Middle East and high...

Published 11 Oct, 2023 03:09am

Markets

Indian shares decline

BENGALURU: Indian shares fell on Monday, dragged by a surge in oil prices due to a military conflict in the Middle...

Published 10 Oct, 2023 06:19am

Markets

Oil ticks higher as tight supply trumps macroeconomic gloom

LONDON: Oil prices hovered above $90 a barrel on Friday, on track to end the week higher as investors chose to focus...

Updated 08 Sep, 2023 05:26pm

Markets

Japanese rubber futures decline

SINGAPORE: Japanese rubber futures dipped on Thursday after a six-day winning streak, dragged lower by a sluggish...

Published 08 Sep, 2023 06:01am

Markets

Japanese rubber futures rise on higher oil prices

SINGAPORE: Japanese rubber futures rallied for a sixth straight session on Wednesday, supported by a surge in crude...

Published 07 Sep, 2023 06:21am

Markets

European shares log weekly gain; Novo Nordisk most valuable co

PARIS: European shares were flat on Friday as a decline in luxury firms and automakers offset gains in...

Published 04 Sep, 2023 06:21am

Markets

Asia Distillates: Gasoil refining margins rise on weaker crude prices

SINGAPORE: Asia’s 10ppm sulphur gasoil and jet fuel margins rose on Tuesday, supported by weaker crude prices and...

Published 03 May, 2023 06:35am

Business & Finance

G7 coalition to keep Russian oil price cap at $60 per barrel

WASHINGTON: The Group of Seven (G7) coalition will keep a $60 per barrel price cap on seaborne Russian oil, a...

Published 18 Apr, 2023 06:21am

Markets

Gasoil refining margins rise on weaker crude prices

SINGAPORE: Asia’s 10 ppm sulphur gasoil margins rose on Wednesday on weaker crude prices even as US and Middle ...

Published 16 Feb, 2023 06:08am

Markets

Gulf shares start year in upbeat mood; Egypt outperforms peers

DUBAI: Most major Gulf equities got off to a good 2023 start on Monday, with Egypt outperforming regional peers, as...

Published 03 Jan, 2023 03:25am

Markets

Gasoil margins dip on stronger crude prices

SINGAPORE: Asia’s 10 ppm sulphur gasoil margins dipped on Tuesday over stronger crude prices amid a dearth of...

Published 07 Dec, 2022 05:54am

Markets

Most Gulf markets track oil prices, global shares lower

DUBAI: Most stock markets in the Gulf ended lower on Monday, as investors tracked sluggish oil prices and global...

Published 29 Nov, 2022 05:57am

Markets

Oil prices fall more than 3% on Russian oil price cap talks

LONDON: Oil prices fell by more than $2 a barrel on Wednesday as the Group of Seven (G7) nations looked at a price...

Updated 23 Nov, 2022 08:09pm

Markets

Oil rises as OPEC+ focus on supply cuts outweighs recession concerns

LONDON: Oil rose on Tuesday after top exporter Saudi Arabia said OPEC+ was sticking with output cuts and could take...

Updated 22 Nov, 2022 06:53pm

Markets

Gulf bourses slide on Fed rate hike prospects

DUBAI: Most stock markets in the Gulf fell on Sunday with fears about sharp US interest rate hikes and the prospect...

Published 21 Nov, 2022 05:59am

Markets

Saudi index tracks oil drop

BENGALURU: Saudi Arabia’s stock market ended lower on Tuesday as oil prices dropped more than $1 per barrel, while...

Published 26 Oct, 2022 05:52am

Markets

Major Gulf bourses gain in early trade; Abu Dhabi falls

Most major stock markets in the Gulf gained in early trade on Monday, amid rising oil prices, although the Abu Dhabi...

Published 17 Oct, 2022 02:22pm

Markets

Japanese rubber futures extend gains on stronger crude prices

SINGAPORE: Japanese rubber futures rallied for a third consecutive session on Friday, supported by stronger crude...

Published 08 Oct, 2022 03:25am

Markets

Japanese rubber climbs

SINGAPORE: Japanese rubber futures rose on Thursday, supported by stronger crude prices, although trading remained...

Published 07 Oct, 2022 05:59am

Markets

Tokyo rubber futures rise

SINGAPORE: Japanese rubber futures rose on Wednesday, supported by stronger crude prices and gains in domestic...

Published 06 Oct, 2022 05:59am

Markets

Palm gains for third session

KUALA LUMPUR: Malaysian palm oil futures rose for a third straight session on Monday, supported by higher crude...

Published 04 Oct, 2022 05:55am

Markets

Saudi Arabia may raise Nov official crude prices for Asia

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

Published 03 Oct, 2022 10:57am

Markets

Oil edges up from seven-month low

NEW YORK: Crude prices edged up about 1% on Thursday after dropping to a seven-month low in the prior session as ...

Published 09 Sep, 2022 06:09am

Markets

Gasoil margins climb on weaker crude prices

SINGAPORE: Asia’s refining margins for gasoil with 10 ppm sulphur content snapped a three-session losing streak on...

Published 01 Sep, 2022 05:50am

Markets

U.S. crude stocks down, distillate stocks edge up

Crude stocks fell in the most recent week, while distillate inventories rose slightly and demand rebounded, the U.S....

Published 31 Aug, 2022 08:20pm

Markets

Oil slides more than $4 on inflation and Iraq exports

HOUSTON: Oil prices fell about $4 a barrel on Tuesday on fears that an inflation-induced weakening of global...

Updated 30 Aug, 2022 09:33pm

Markets

Saudi Arabia may cut October crude prices for Asia

SINGAPORE: Top oil exporter Saudi Arabia could slash October prices for most crude grades it sells to Asia after a...

Published 29 Aug, 2022 02:28pm

Markets

Major Gulf markets dip on oil weakness, inflation worries

DUBAI: Most major Gulf stock markets fell on Sunday amid fears of a potential global recession and volatile oil...

Published 22 Aug, 2022 06:33am

Gainers
Losers
Leaders

Stock	Price
Trust Mod. / Dec 6 Trust Modaraba(TRSM)	2.16 ▲ 0.60 (38.46%)
First Elite Cap.Mod / Dec 6 First Elite Capital Modaraba(FECM)	4 ▲ 1.00 (33.33%)
Treet Corp. (R) / Dec 6 Treet Corporation Limited (R)(TREETR2)	4.14 ▲ 0.76 (22.49%)
LSE Propetech / Dec 6 LSE Propetech Limited(LSEPL)	4.55 ▲ 0.79 (21.01%)
F.Credit & Inv / Dec 6 First Credit and Investment Bank Limited(FCIBL)	6.51 ▲ 1.00 (18.15%)
Hascol Petrol / Dec 6 Hascol Petroleum Limited(HASCOL)	6.69 ▲ 1.00 (17.57%)
HBL Invest Fund / Dec 6 HBL Investment Fund(HIFA)	3.80 ▲ 0.49 (14.80%)
LSE Ventures / Dec 6 LSE Ventures Limited(LSEVL)	5.57 ▲ 0.71 (14.61%)
F. Nat.Equities / Dec 6 First National Equities Limited(FNEL)	6.70 ▲ 0.80 (13.56%)
Redco Textile / Dec 6 Redco Textiles Limited(REDCO)	6.90 ▲ 0.80 (13.11%)

Stock	Price
Dar-es-Salaam / Dec 6 Dar-es-Salaam Textile Mills Limited(DSML)	7.51 ▼ -0.74 (-8.97%)
Ist.Dawood Bank / Dec 6 First Dawood Investment Bank Limited(FDIBL)	2.30 ▼ -0.19 (-7.63%)
Kohat Textile / Dec 6 Kohat Textile Mills Limited(KOHTM)	19.81 ▼ -1.61 (-7.52%)
MithchellsFruit / Dec 6 Mitchells Fruit Farms Limited(MFFL)	208.72 ▼ -16.92 (-7.50%)
Shadman Cotton / Dec 6 Shadman Cotton Mills Limited(SHCM)	14.42 ▼ -1.17 (-7.50%)
Land Mark Spinning / Dec 6 Landmark Spinning Industries Limited(LMSM)	16.47 ▼ -1.33 (-7.47%)
SME Leasing Ltd / Dec 6 SME Leasing Limited(SLL)	1.90 ▼ -0.15 (-7.32%)
786 Invest Ltd / Dec 6 786 Investments Limited(786)	5.47 ▼ -0.40 (-6.81%)
Suraj Cotton / Dec 6 Suraj Cotton Mills Limited(SURC)	136.50 ▼ -9.50 (-6.51%)
J.K.Spinning / Dec 6 J.K. Spinning Mills Limited(JKSM)	44 ▼ -3.00 (-6.38%)

Stock	Volume
K-Electric Ltd. / Dec 6 K-Electric Limited(KEL)	143,393,681 ▲ 0.16
Cnergyico PK / Dec 6 Cnergyico PK Limited(CNERGY)	82,309,654 ▲ 0.05
WorldCall Telecom / Dec 6 Worldcall Telecom Limited(WTL)	56,884,642 ▲ 0.02
Hascol Petrol / Dec 6 Hascol Petroleum Limited(HASCOL)	54,169,500 ▲ 1.00
Pak Refinery / Dec 6 Pakistan Refinery Limited(PRL)	53,701,236 ▲ 0.84
Fauji Foods Ltd / Dec 6 Fauji Foods Limited(FFL)	37,662,460 ▲ 0.06
P.T.C.L. / Dec 6 Pakistan Telecommunication Company Ltd(PTC)	36,098,500 ▲ 0.03
Pak Petroleum / Dec 6 Pakistan Petroleum Limited(PPL)	35,317,902 ▲ 0.99
Oil & Gas Dev. / Dec 6 Oil & Gas Development Company Limited(OGDC)	31,154,943 ▼ -0.61
The Searle Co. / Dec 6 The Searle Company Limited(SEARL)	28,673,613 ▲ 3.11

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 6	284.43
USD PKR Interbank Buying / Dec 6	284.13
USD to Japanese Yen / Dec 6	147.26
USD to Swiss Franc / Dec 6	0.87
Pound Sterling to USD / Dec 6	1.26
Euro to USD / Dec 6	1.08
UK LIBOR % / Dec 5	5.46

Stock	Volume
S&P 500 / Dec 5	4567.18
Nasdaq / Dec 5	14229.91
Dow Jones / Dec 5	36124.56
India Sensex / Dec 6	69555.66
Tokyo Nikkei / Dec 6	33445.90
Hang Seng / Dec 6	16427.53
FTSE 100 / Dec 6	7516.04
Germany DAX 30 / Dec 6	16541.49
France CAC40 / Dec 6	7392.44

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 5	17235
Gold 10 Grams PKR / Dec 5	189043
Crude Oil USD/Barrel / Dec 6	72.27
Gold Spot USD/Ounce / Dec 6	2021.37
Cotton US¢/pound / Dec 6	80.12

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