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Global oil demand

Oil prices tumble more than USD1 as IEA cuts demand forecast

Published 13 Feb, 2026 05:47am

HOUSTON: Oil prices tumbled by more than USD1 a barrel on Thursday as investors gave more weight to the...

Global oil demand to dip in 2030, first drop since Covid: IEA

Updated 17 Jun, 2025 02:12pm

PARIS: Global oil demand will fall slightly in 2030, its first drop since the 2020 Covid pandemic, the International...

Oil rises as US issues new sanctions targeting Chinese importers of Iranian oil

Updated 16 Apr, 2025 09:27pm

HOUSTON: Oil prices rose more than $1 a barrel on Wednesday after Washington issued new sanctions targeting Chinese...

World oil demand, US supply to grow more slowly on tariff tensions, IEA says

Published 15 Apr, 2025 06:20pm

LONDON: Global oil demand will grow at its slowest rate for five years in 2025 and U.S. production rises will also...

HSBC lowers Brent price forecasts on trade tensions, sluggish oil demand

Published 15 Apr, 2025 04:36pm

HSBC revised down its Brent crude price forecast on Tuesday, citing rising trade tensions and an expected reduction...

OPEC cuts global oil demand growth forecasts, citing US tariffs

Published 14 Apr, 2025 06:23pm

LONDON: OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the...

Strong dollar weakens oil

Published 15 Nov, 2024 08:26am

Following Donald Trump’s historic return to the White House, the US dollar has gone on to a bull rally, seeing it...

IEA sees oil surplus looming, reassures on Iran supply risk

Updated 15 Oct, 2024 02:47pm

LONDON: The world oil market is heading for a sizeable surplus in the new year, the International Energy Agency said...

Morgan Stanley cuts 2024 oil demand growth outlook

Published 24 Aug, 2024 06:23am

NEW YORK: Morgan Stanley has lowered its global oil demand growth forecast for 2024, mainly due to China’s slower...

Global oil demand growth slowing: IEA

Published 13 Aug, 2024 05:57pm

PARIS: Global oil demand growth slowed in the second quarter of the year, primarily due to softer construction and...

Oil demand set to peak by 2029, major supply glut looms, IEA says

Published 12 Jun, 2024 01:17pm

LONDON: Global oil demand will peak by 2029 and begin to contract the next year, the International Energy Agency...

Global oil demand to grow by 1.9ln bpd in 2024, says Wood Mac

Published 29 Feb, 2024 08:56pm

LONDON: Global oil demand will grow by 1.9 million barrels per day (bpd) this year, according to a prediction by...

OPEC says oil market remains strong despite negative sentiment

Published 14 Nov, 2023 05:08am

LONDON: OPEC on Monday said oil market fundamentals remained strong and blamed speculators for a drop in prices as ...

Asia naphtha, gasoline refining profit margins fall

Published 17 May, 2023 06:22am

NEW DELHI: Asia’s refining profit margins for naphtha and gasoline declined on Tuesday after tepid economic data...

World oil demand to hit record as China reopens: IEA

Published 15 Feb, 2023 08:44pm

Demand is expected to reach 101.9 million barrels per day on average in 2023, an increase of two million barrels per day from last year, it says in monthly oil market report

OPEC raises 2023 oil demand growth view

Published 15 Feb, 2023 06:27am

LONDON: OPEC has raised its 2023 global oil demand growth forecast in its first upward revision for months, due to...

OPEC sticks to 2022, 2023 oil demand growth forecasts, after downgrades

Published 13 Dec, 2022 07:18pm

LONDON: OPEC on Tuesday stuck to its forecasts for global oil demand growth in 2022 and 2023 after several...

OPEC cuts oil demand growth forecast again as economic challenges mount

Published 14 Nov, 2022 06:46pm

LONDON: OPEC on Monday cut its forecast for 2022 global oil demand growth for a fifth time since April and further...

Most Gulf markets bounce on oil demand growth outlook

Published 16 Sep, 2022 06:04am

DUBAI: Most major Gulf markets rebounded on Thursday as investors appeared to look beyond the inflation-fuelled...

Oil rises 1pc on supply concerns, expectations for fuel switching

Published 15 Sep, 2022 07:16am

NEW YORK: Oil edged up 1% on Wednesday as an international energy watchdog expects an increase in gas-to-oil...

China lockdowns weigh on global oil demand: IEA

Published 15 Sep, 2022 05:57am

PARIS: China’s repeated Covid lockdowns and a slowdown in developed economies are weighing on the growth of global...

China lockdowns weigh on global oil demand: IEA

Published 14 Sep, 2022 05:37pm

PARIS: China’s repeated Covid lockdowns and a slowdown in developed economies are weighing on the growth of global...

Oil demand rises as gas prices surge: IEA

Updated 12 Aug, 2022 10:18am

Prices of natural gas and electricity have jumped to new records

Asia fuel oil: 380-cst HSFO cash premiums dip

Oil demand would drop to 40 or 64 million barrels per day by 2050

Global oil demand to rebound next month: IEA

Updated 14 Sep, 2021 01:39pm

Demand fell by 310,000 barrels per day on average over the three months to September

Delta variant crimps oil demand outlook: IEA

Published 13 Aug, 2021 02:04am

PARIS: Global oil demand is expected to grow slower than previously forecast this year as the spread of Covid’s...

OPEC+ JTC keeps 2021 oil demand growth forecast unchanged

Published 31 May, 2021 06:27pm

The JTC was meeting on Monday to assess market fundamentals ahead of a ministerial gathering on Tuesday of the Organization of the Petroleum Exporting Countries (OPEC) and allies led by Russia, a group know as OPEC+.

OPEC+ keeps oil demand forecast, but worried by COVID surge

Published 26 Apr, 2021 08:38pm

In its most recent monthly oil market report, the Organization of the Petroleum Exporting Countries (OPEC) raised its forecast for global oil demand growth by 70,000 barrels per day (bpd) to 5.95 million bpd.
The JTC meeting also expressed concern about rising COVID-19 cases in India, Japan and Brazil, the sources added.

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 20	278.15
USD PKR Interbank Buying / Jul 20	277.95
USD to Japanese Yen / Jul 20	162.52
USD to Swiss Franc / Jul 20	0.81
Pound Sterling to USD / Jul 20	1.34
Euro to USD / Jul 20	1.14
SOFR % / Jul 20	3.62

Stock	Volume
S&P 500 / Jul 20	7,443.28
India Sensex / Jul 20	77,708.52
Tokyo Nikkei / Jul 20	64,141.12
Nasdaq / Jul 20	25,508.07
Hang Seng / Jul 20	25,143.05
FTSE 100 / Jul 20	10,524.76
Dow Jones / Jul 20	51,839.26
Germany DAX 30 / Jul 20	24,846.69
France CAC40 / Jul 20	8,340.11

Item	Value
Crude Oil USD/Barrel / Jul 20	83.17
Karachi Cotton PKR/37.32 KG / Jul 20	18,880
Gold 10 Grams PKR / Jul 20	363,971
Gold Spot USD/Ounce / Jul 20	4,017.31
Cotton US¢/pound / Jul 20	78.92
Petrol/Litre / Jul 21	316.15
Diesel/Litre / Jul 21	354.35

Gainers
Losers
Leaders

Stock	Price
Asia Ins. / Jul 20 Asia Insurance Company Limited(ASIC)	37.90 ▲ 3.45 (10.01%)
TPL Insurance / Jul 20 TPL Insurance Limited(TPLI)	64.08 ▲ 5.83 (10.01%)
Ahmad Hassan / Jul 20 Ahmad Hassan Textile Mills Limited(AHTM)	100.21 ▲ 9.11 (10%)
Baba Farid Sugar / Jul 20 Baba Farid Sugar Mills Limited(BAFS)	460.42 ▲ 41.86 (10%)
Crescent Cotton / Jul 20 Crescent Cotton Mills Limited(CCM)	59.05 ▲ 5.37 (10%)
National Silk / Jul 20 The National Silk & Rayon Mills Limited(NSRM)	299.43 ▲ 27.22 (10%)
Olympia Mills / Jul 20 Olympia Mills Limited(OML)	118.34 ▲ 10.76 (10%)
Pak Refinery / Jul 20 Pakistan Refinery Limited(PRL)	49.05 ▲ 4.46 (10%)
Husein Industries / Jul 20 Husein Industries Limited(HUSI)	55 ▲ 5 (10%)
Leather Up Ltd. / Jul 20 Leather Up Limited(LEUL)	45.98 ▲ 4.18 (10%)

Stock	Price
Khairpur Sug. / Jul 20 Khairpur Sugar Mills Limited(KPUS)	1,684.32 ▼ -187.15 (-10%)
Service Textile / Jul 20 Service Industries Textiles Limited(SERT)	56.04 ▼ -6.23 (-10%)
S.G.Power / Jul 20 S.G. Power Limited(SGPL)	87.83 ▼ -9.76 (-10%)
Maqbool Textile / Jul 20 Maqbool Textile Mills Limited(MQTM)	33.43 ▼ -3.71 (-9.99%)
Ideal Dynamics / Jul 20 Ideal Dynamics Limited(IDEAL)	49.50 ▼ -5.25 (-9.59%)
Fateh Sports / Jul 20 Fateh Sports Wear Limited(FSWL)	136.39 ▼ -13.9 (-9.25%)
Buxly Paints / Jul 20 Buxly Paints Limited(BUXL)	173.04 ▼ -16.9 (-8.9%)
ARM Green Industries / Jul 20 ARM Green Industries Limited(ARMG)	64.63 ▼ -6.07 (-8.59%)
Elahi Cotton / Jul 20 Elahi Cotton Mills Limited(ELCM)	216.01 ▼ -20.08 (-8.51%)
Metro Steel / Jul 20 Metropolitan Steel Corporation Limited(MSCL)	22.03 ▼ -2.02 (-8.4%)

Stock	Volume
Cnergyico PK / Jul 20 Cnergyico PK Limited(CNERGY)	166,059,814 ▲ 0.8
Pak Refinery / Jul 20 Pakistan Refinery Limited(PRL)	49,159,104 ▲ 4.46
TPL Properties / Jul 20 TPL Properties Limited(TPLP)	38,436,785 ▲ 0.41
Trust Sec.& Brok. / Jul 20 Trust Securities & Brokerage Limited(TSBL)	36,283,729 ▲ 0.15
K-Electric Ltd. / Jul 20 K-Electric Limited(KEL)	27,615,297 ▼ -0.07
Lotte Chemical / Jul 20 Lotte Chemical Pakistan Limited(LOTCHEM)	17,575,908 ▲ 0.54
WorldCall Telecom / Jul 20 Worldcall Telecom Limited(WTL)	15,089,114 ▲ 0
B.O.Punjab / Jul 20 The Bank of Punjab(BOP)	14,202,726 ▲ 0.01
Maple Leaf Cement / Jul 20 Maple Leaf Cement Factory Limited(MLCF)	13,521,739 ▲ 0.86
F. Nat.Equities / Jul 20 First National Equities Limited(FNEL)	13,125,536 ▲ 0.01

Global oil demand

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