Trends - Global oil demand - Business Recorder

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Jun 19, 2021 PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Global oil demand

OPEC+ JTC keeps 2021 oil demand growth forecast unchanged

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+.

Published 31 May, 2021 06:27pm

Business & Finance

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

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.

Published 26 Apr, 2021 08:38pm

Markets

OPEC sees rising oil demand as it plans to open taps

Such an increase would push global demand to 96.5 million bpd in 2021 after last year's tumble due to coronavirus restrictions.

Published 13 Apr, 2021 06:54pm

Markets

OPEC+ experts see oil market deficit in 2021 despite demand cut: document

OPEC sees global oil demand at 97.9 million barrels per day in December 2021 under a base scenario, according to the internal document seen by Reuters.

Published 02 Feb, 2021 06:37pm

Markets

Global oil demand to rise, boosted by vaccine distribution and economy

2021 total oil demand to average 96.7 mln bpd, up 6.3 mln bpd.
US output to fall at more moderate pace, OPEC+ doubt weighs.
Refinery utilisation to remain low this year.

Published 28 Jan, 2021 07:45pm

Markets

IEA trims 2021 oil demand forecast

Oil prices have risen in recent weeks on hopes the global economy will get back on track later this year.

Published 19 Jan, 2021 03:03pm

Gainers
Losers
Leaders

Stock	Price
S.G. Power Ltd. / Jun 19 S.G. Power Limited(SGPL)	2.55 ▲ 1.00 (64.52%)
Sally Tex. / Jun 19 Sally Textile Mills Limited(SLYT)	6.03 ▲ 0.92 (18.00%)
First Elite Cap. Mod. / Jun 19 First Elite Capital Modaraba(FECM)	3.70 ▲ 0.39 (11.78%)
Dawood Equities / Jun 19 Dawood Equities Limited(DEL)	9.94 ▲ 1.00 (11.19%)
First National Equities / Jun 19 First National Equities Limited(FNEL)	10.33 ▲ 1.00 (10.72%)
Premier Ins. / Jun 19 Premier Insurance Limited(PINL)	6.40 ▲ 0.61 (10.54%)
First Equity Mod. / Jun 19 First Equity Modaraba(FEM)	6.00 ▲ 0.50 (9.09%)
Olympia Mills / Jun 19 Olympia Mills Limited(OML)	12.61 ▲ 1.00 (8.61%)
TPL Corp / Jun 19 TPL Corp Limited(TPL)	13.03 ▲ 1.00 (8.31%)
Pak. P.V.C. / Jun 19 Pakistan PVC Limited(PPVC)	7.25 ▲ 0.54 (8.05%)

Stock	Price
Dewan Tex. / Jun 19 Dewan Textile Mills Limited(DWTM)	2.60 ▲ -0.34 (-11.56%)
Apna Microfinance (R) / Jun 19 Apna Microfinance Bank Ltd (R)(AMBLR4)	7.90 ▲ -1.00 (-11.24%)
Jahangir Siddiqui (R) / Jun 19 Jahangir Siddiqui & Co. Ltd (R)(JSCLR1)	8.01 ▲ -1.00 (-11.10%)
Pak Gen. Ins. / Jun 19 The Pakistan General Insurance Co. Ltd.(PKGI)	4.00 ▲ -0.35 (-8.05%)
Bawany Air / Jun 19 Bawany Air Products Limited(BAPL)	14.34 ▲ -1.16 (-7.48%)
Landmark Sp. / Jun 19 Landmark Spinning Industries Limited(LMSM)	24.20 ▲ -1.94 (-7.42%)
Gatron Ind. / Jun 19 Gatron (Industries) Limited(GATI)	520.00 ▲ -40.99 (-7.31%)
Tandlianwala / Jun 19 Tandlianwala Sugar Mills Limited(TSML)	147.00 ▲ -11.34 (-7.16%)
Mian Textile / Jun 19 Mian Textile Industries Limited(MTIL)	21.50 ▲ -1.64 (-7.09%)
Metro Steel / Jun 19 Metropolitan Steel Corporation Limited(MSCL)	21.01 ▲ -1.49 (-6.62%)

Stock	Volume
Hum Network / Jun 19 Hum Network Limited(HUMNL)	87,482,000 ▼ 0.00
Worldcall / Jun 19 Worldcall Telecom Limited(WTL)	75,473,500 ▼ 0.00
Byco Petroleum / Jun 19 Byco Petroleum Pakistan Limited(BYCO)	70,116,000 ▼ 0.00
Unity Foods / Jun 19 Unity Foods Limited(UNITY)	53,418,224 ▼ 0.00
Silkbank / Jun 19 Silkbank Limited(SILK)	44,108,000 ▼ 0.00
K-Electric Ltd / Jun 19 K-Electric Limited(KEL)	32,168,000 ▼ 0.00
Pak Int.Bulk Ter / Jun 19 Pakistan International Bulk Terminal Limited(PIBTL)	31,350,500 ▼ 0.00
Hascol Petroleum / Jun 19 Hascol Petroleum Limited(HASCOL)	24,259,515 ▼ 0.00
First National Equities / Jun 19 First National Equities Limited(FNEL)	22,319,000 ▼ 0.00
Ghani Global Glass / Jun 19 Ghani Global Glass Limited(GGGL)	21,806,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 18	156.80
USD PKR Interbank Buying / Jun 18	156.70
USD to Japanese Yen / Jun 18	110.30
USD to Swiss Franc / Jun 18	0.92
Pound Sterling to USD / Jun 18	1.39
Euro to USD / Jun 18	1.19
UK LIBOR % / Jun 18	0.06

Stock	Volume
S&P 500 / Jun 18	4221.86
India Sensex / Jun 18	52323.33
Tokyo Nikkei / Jun 18	29018.33
Nasdaq / Jun 18	14161.35
Hang Seng / Jun 18	28558.59
FTSE 100 / Jun 18	7153.43
Dow Jones / Jun 18	33823.45
Germany DAX 30 / Jun 18	15727.67
France CAC40 / Jun 18	6666.26