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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 / Nov 13	276.80 ▼ -0.01
USD PKR Interbank Buying / Nov 13	276.60 ▼ -0.01
USD to Japanese Yen / Nov 13	159.71 ▼ -0.21
USD to Swiss Franc / Nov 13	0.84 ▲ 0.003
Pound Sterling to USD / Nov 13	1.32 ▼ -0.0022
Euro to USD / Nov 13	1.10 ▼ -0.0036
SOFR % / Nov 12	3.90 ▲ 0.01

Stock	Volume
S&P 500 / Nov 13	7,561.67
India Sensex / Nov 13	81,592.45
Tokyo Nikkei / Nov 13	61,142.35
Nasdaq / Nov 13	25,136.27
Hang Seng / Nov 13	23,637.60
FTSE 100 / Nov 13	10,902.56
Dow Jones / Nov 13	52,347.55
Germany DAX 30 / Nov 13	26,749.95
France CAC40 / Nov 13	8,368.91

Item	Value
Petrol/Litre / Nov 15	330
Diesel/Litre / Nov 15	360
Crude Oil USD/Barrel / Nov 13	88.56
Karachi Cotton PKR/37.32 KG / Nov 13	18,080
Gold 10 Grams PKR / Nov 13	352,911
Gold Spot USD/Ounce / Nov 13	3,884.49
Cotton US¢/pound / Nov 13	82.61

Gainers
Losers
Leaders

Stock	Price
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	6.07 ▲ 1 (19.72%)
Dewan Sugar / Nov 13 Dewan Sugar Mills Limited(DWSM)	8.77 ▲ 1 (12.87%)
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	2.64 ▲ 0.28 (11.86%)
Shabbir Tiles / Nov 13 Shabbir Tiles & Ceramics Limited(STCL)	10.10 ▲ 1 (10.99%)
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	1.38 ▲ 0.13 (10.4%)
Pervez Ahmed Consultancy / Nov 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	12.06 ▲ 1.1 (10.04%)
Unicap Modaraba / Nov 13 Unicap Modaraba(UCAPM)	22.84 ▲ 2.08 (10.02%)
Leather Up Ltd. / Nov 13 Leather Up Limited(LEUL)	82.90 ▲ 7.54 (10.01%)
Ningbo Green Light / Nov 13 Ningbo Green Light Energy Limited(NGLEL)	16.48 ▲ 1.5 (10.01%)
Zuma Resources / Nov 13 Zuma Resources Limited(ZUMA)	33.75 ▲ 3.07 (10.01%)

Stock	Price
Arpak Int. / Nov 13 Arpak International Investments Ltd.(ARPAK)	124.84 ▼ -13.87 (-10%)
First AL-Noor Mod. / Nov 13 First Al-Noor Modaraba(FANM)	12.64 ▼ -1.36 (-9.71%)
Shadman Cotton / Nov 13 Shadman Cotton Mills Limited(SHCM)	69.87 ▼ -6.73 (-8.79%)
Fateh Sports / Nov 13 Fateh Sports Wear Limited(FSWL)	193.60 ▼ -16.58 (-7.89%)
Asim Textile / Nov 13 Asim Textile Mills Limited(ASTM)	62.73 ▼ -4.34 (-6.47%)
D.M. Corporation / Nov 13 D.M. Corporation Limited(DMC)	151.06 ▼ -9.64 (-6%)
Bhanero Textile / Nov 13 Bhanero Textile Mills Limited(BHAT)	1,207.41 ▼ -76.42 (-5.95%)
Hira Textile / Nov 13 Hira Textile Mills Limited(HIRAT)	4.01 ▼ -0.24 (-5.65%)
J.A.Textile / Nov 13 J.A. Textile Mills Limited(JATM)	73.72 ▼ -4.26 (-5.46%)
AN Textile Mills / Nov 13 AN Textile Mills Limited(ANTM)	58.55 ▼ -3.21 (-5.2%)

Stock	Volume
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	303,195,710 ▲ 0.13
Kohinoor Spinning / Nov 13 Kohinoor Spinning Mills Limited(KOSM)	59,505,118 ▲ 0.34
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	46,791,082 ▲ 0.28
Dost Steels Ltd. / Nov 13 Dost Steels Limited(DSL)	43,180,738 ▲ 0.37
TPL Properties / Nov 13 TPL Properties Limited(TPLP)	32,746,701 ▲ 0.48
Tasdeeq Info. Serv. / Nov 13 Tasdeeq Information Services Limited(TISL)	27,571,943 ▲ 0.05
F. Nat.Equities / Nov 13 First National Equities Limited(FNEL)	24,996,122 ▲ 0.01
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	24,965,743 ▲ 1
Cnergyico PK / Nov 13 Cnergyico PK Limited(CNERGY)	22,527,745 ▲ 0.14
Dar-es-Salaam / Nov 13 Dar-es-Salaam Textile Mills Limited(DSML)	21,467,835 ▲ 0.82

Global oil demand

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