Topic

global oil market

Oil steadies near three-week high on signs of tighter supply

Updated 14 Jul, 2025 09:56pm

LONDON: Oil prices steadied on Monday, holding close to their highest level in three weeks, as investors eyed...

Oil in flux: Rising supply meets fragile demand

Published 14 Jul, 2025 05:42am

The global oil market in 2025 has become a delicate balancing act, influenced significantly by the decisions of OPEC...

Oil markets: Geopolitics and Opec+ at the core

Published 27 Mar, 2025 06:56am

Oil prices have been climbing, but not without turbulence. A confluence of geopolitical manoeuvres, supply...

Global crude oil market in a flux – what’s next?

Published 14 Mar, 2025 07:39am

Oil prices have been riding a wild wave in 2025—soaring, plunging, and keeping the world on edge. The global oil...

OPEC sticks to 2025, 2026 global oil demand growth forecasts

Published 12 Feb, 2025 07:16pm

LONDON: OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying...

Oil firms slightly as Trump policies continue to drag on prices

Updated 06 Feb, 2025 06:43pm

LONDON: Oil prices edged up on Thursday after Saudi Arabia’s state oil company raised its March crude prices...

Oil prices gain as Trump tariffs stoke supply worries

Updated 03 Feb, 2025 06:24pm

Oil prices rose on Monday after U.S. President Donald Trump imposed tariffs on Canada, Mexico and China, raising...

Barrels and balances: Crude oil in 2024 and beyond

Published 23 Jan, 2025 08:35am

The global oil market in 2024 was characterized by a mix of volatility and resilience, with prices and demand...

Saudi output cuts help drive up one corner of global oil market

Published 12 Jul, 2023 10:46am

HOUSTON: Prices for sour crude oil have climbed globally this month after top exporter Saudi Arabia hiked prices and...

Global oil market fundamentals sound for rest of 2023

Published 26 Jun, 2023 09:28am

KUALA LUMPUR: Global oil market fundamentals are expected to remain sound for the rest of the year, underpinned by...

EU tentatively agrees $60 a barrel price cap on Russian seaborne oil

Published 01 Dec, 2022 07:24pm

BRUSSELS: European Union governments tentatively agreed on Thursday on a $60 a barrel price cap on Russian seaborne...

Global oil market signals short-term weakness ahead of EU ban on Russian oil

Published 28 Nov, 2022 11:17am

The global oil market is signaling a potential shift, as traders and analysts worry about reduced crude demand and ...

Venezuela ‘ready’ to supply global oil market: Maduro

Published 15 Sep, 2022 10:54am

CARACAS: Venezuelan President Nicolas Maduro said Wednesday his country is “ready” to supply the global oil and gas...

OPEC+ will assess oil market and do what is necessary, say Saudi foreign minister

Published 16 Jul, 2022 08:55pm

JEDDAH: Saudi Arabia’s foreign minister said a US-Arab summit on Saturday did not discuss oil and that OPEC+ would...

IEA says oil market walking tightrope due to economic, supply risks

Published 13 Jul, 2022 01:27pm

LONDON: The global oil market is “walking a tightrope” between scarce supply and the possibility of a recession, the...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 3	159.91
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.35
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 2	7,609.78
Nasdaq / Jun 2	27,093.90
Dow Jones / Jun 2	51,307.79
India Sensex / Jun 3	73,756.94
Tokyo Nikkei / Jun 3	68,452.45
Hang Seng / Jun 3	25,630.80
FTSE 100 / Jun 3	10,342.09
Germany DAX 30 / Jun 3	24,951.88
France CAC40 / Jun 3	8,180.24

Item	Value
Crude Oil USD/Barrel / Jun 3	94.92
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,463.91
Cotton US¢/pound / Jun 3	80.39
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Wasl Mobility Mod. / Jun 3 Wasl Mobility Modaraba(WASL)	5.91 ▲ 1 (20.37%)
Gulshan Sp. / Jun 3 Gulshan Spinning Mills Limited(GSPM)	6.18 ▲ 1 (19.31%)
First AL-Noor Mod. / Jun 3 First Al-Noor Modaraba(FANM)	6.88 ▲ 1 (17.01%)
Chenab Ltd (Pref) / Jun 3 Chenab Limited (Pref)(CLCPS)	3.85 ▲ 0.44 (12.9%)
Chenab Ltd / Jun 3 Chenab Limited(CHBL)	9.61 ▲ 0.91 (10.46%)
Askari Life Assur. / Jun 3 Askari Life Assurance Company Limited(ALAC)	19.24 ▲ 1.75 (10.01%)
Dawood Equities / Jun 3 Dawood Equities Limited(DEL)	20.56 ▲ 1.87 (10.01%)
Grays Leasing / Jun 3 Grays Leasing Limited(GRYL)	20.89 ▲ 1.9 (10.01%)
Shahzad Tex. / Jun 3 Shahzad Textile Mills Limited(SZTM)	68.38 ▲ 6.22 (10.01%)
Ideal Spinning / Jun 3 Ideal Spinning Mills Limited(IDSM)	72.48 ▲ 6.59 (10%)

Stock	Price
Khairpur Sug. / Jun 3 Khairpur Sugar Mills Limited(KPUS)	2,164.61 ▼ -240.51 (-10%)
Diamond Ind. / Jun 3 Diamond Industries Limited(DIIL)	71.48 ▼ -7.9 (-9.95%)
Tri-Star Mutual / Jun 3 Tri-Star Mutual Fund Limited(TSMF)	16.88 ▼ -1.62 (-8.76%)
Power Cem(Pref) / Jun 3 Power Cement (Pref)(POWERPS)	27.79 ▼ -2.41 (-7.98%)
Paramount Mod / Jun 3 First Paramount Modaraba(FPRM)	13.90 ▼ -1.1 (-7.33%)
AN Textile Mills / Jun 3 AN Textile Mills Limited(ANTM)	30.18 ▼ -2.23 (-6.88%)
Al-Khair Gadoon / Jun 3 Al-Khair Gadoon Limited(AKGL)	52.03 ▼ -3.68 (-6.61%)
Gammon Pak / Jun 3 Gammon Pakistan Limited(GAMON)	19.23 ▼ -1.32 (-6.42%)
Burshane LPG / Jun 3 Burshane LPG (Pakistan) Limited(BPL)	56.96 ▼ -3.61 (-5.96%)
Punjab Oil / Jun 3 Punjab Oil Mills Limited(POML)	147.13 ▼ -8.47 (-5.44%)

Stock	Volume
Treet Battery / Jun 3 Treet Battery Limited(TBL)	46,642,698 ▼ -0.03
Dewan Cement / Jun 3 Dewan Cement Limited(DCL)	33,760,377 ▲ 0.4
Sitara Petroleum Service / Jun 3 Sitara Petroleum Service Limited(SPSL)	25,238,548 ▲ 0.84
Beco Steel Ltd / Jun 3 Beco Steel Limited(BECO)	23,949,474 ▲ 0.46
P.T.C.L. / Jun 3 Pakistan Telecommunication Company Ltd(PTC)	23,376,596 ▲ 0.82
TPL Corp Ltd / Jun 3 TPL Corp Limited(TPL)	17,752,841 ▲ 0.38
Cnergyico PK / Jun 3 Cnergyico PK Limited(CNERGY)	16,285,113 ▼ -0.2
WorldCall Telecom / Jun 3 Worldcall Telecom Limited(WTL)	14,753,659 ▼ -0.01
K-Electric Ltd. / Jun 3 K-Electric Limited(KEL)	13,876,959 ▼ -0.12
Mahanna Islamic Index / Jun 3 Mahanna Islamic Index Traded Fund(MIIETF)	13,316,500 ▼ -0.13

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