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global oil market

Oil markets: Geopolitics and Opec+ at the core

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

Published 27 Mar, 2025 06:56am

BR Research

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

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

Published 14 Mar, 2025 07:39am

Markets

OPEC sticks to 2025, 2026 global oil demand growth forecasts

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

Published 12 Feb, 2025 07:16pm

Markets

Oil firms slightly as Trump policies continue to drag on prices

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

Updated 06 Feb, 2025 06:43pm

Markets

Oil prices gain as Trump tariffs stoke supply worries

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

Updated 03 Feb, 2025 06:24pm

BR Research

Barrels and balances: Crude oil in 2024 and beyond

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

Published 23 Jan, 2025 08:35am

Markets

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

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

Published 12 Jul, 2023 10:46am

Markets

Global oil market fundamentals sound for rest of 2023

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

Published 26 Jun, 2023 09:28am

Markets

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

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

Published 01 Dec, 2022 07:24pm

Markets

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

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

Published 28 Nov, 2022 11:17am

World

Venezuela ‘ready’ to supply global oil market: Maduro

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

Published 15 Sep, 2022 10:54am

Markets

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

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

Published 16 Jul, 2022 08:55pm

Markets

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

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

Published 13 Jul, 2022 01:27pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 17	280.67
USD PKR Interbank Buying / Apr 17	280.47
USD to Japanese Yen / Apr 17	142.33
USD to Swiss Franc / Apr 17	0.82
Pound Sterling to USD / Apr 17	1.33
Euro to USD / Apr 17	1.14
UK LIBOR % / Apr 17	4.96

Stock	Volume
S&P 500 / Apr 17	5,282.70
India Sensex / Apr 17	78,553.20
Tokyo Nikkei / Apr 17	34,583.29
Nasdaq / Apr 17	16,286.45
Hang Seng / Apr 17	21,395.14
FTSE 100 / Apr 17	8,275.66
Dow Jones / Apr 17	39,142.23
Germany DAX 30 / Apr 17	21,205.86
France CAC40 / Apr 17	7,285.86

Item	Value
Crude Oil USD/Barrel / Apr 17	64.68
Karachi Cotton PKR/37.32 KG / Apr 17	16,985
Gold 10 Grams PKR / Apr 17	300,068
Gold Spot USD/Ounce / Apr 17	3,326.85
Cotton US¢/pound / Apr 17	67.13
Petrol/Litre / Apr 18	254.63
Diesel/Litre / Apr 18	258.64

Gainers
Losers
Leaders

Stock	Price
Ruby Textile / Apr 18 Ruby Textile Mills Limited(RUBY)	7.99 ▲ 0.74 (10.21%)
Universal Ins. / Apr 18 The Universal Insurance Company Limited(UVIC)	10.32 ▲ 0.95 (10.14%)
Oilboy Energy / Apr 18 Oilboy Energy Limited(OBOY)	10.91 ▲ 1 (10.09%)
Safe Mix Con.Lt / Apr 18 Safe Mix Concrete Limited(SMCPL)	18.11 ▲ 1.65 (10.02%)
Bunnys Limited / Apr 18 Bunnys Limited(BNL)	26.91 ▲ 2.45 (10.02%)
Nimir Resins / Apr 18 Nimir Resins Limited(NRSL)	46.70 ▲ 4.25 (10.01%)
Sunrays Textile / Apr 18 Sunrays Textile Mills Limited(SUTM)	97.10 ▲ 8.83 (10%)
S.S.Oil / Apr 18 S.S.Oil Mills Limited(SSOM)	269.05 ▲ 24.46 (10%)
Bawany Air Products / Apr 18 Bawany Air Products Limited(BAPL)	35.63 ▲ 3.24 (10%)
At-Tahur Ltd. / Apr 18 At-Tahur Limited(PREMA)	63.90 ▲ 5.81 (10%)

Stock	Price
Oilboy Energy(R) / Apr 18 Oilboy Energy Limited(R)(OBOYR2)	0.85 ▼ -0.22 (-20.56%)
Shaheen Ins. / Apr 18 Shaheen Insurance Company Limited(SHNI)	5.99 ▼ -1.18 (-16.46%)
Century Ins. / Apr 18 Century Insurance Company Limited(CENI)	42.80 ▼ -7.02 (-14.09%)
Parmount Sp. / Apr 18 Paramount Spinning Mills Limited(PASM)	3.42 ▼ -0.53 (-13.42%)
Escorts Bank / Apr 18 Escorts Investment Bank Limited(ESBL)	6.15 ▼ -0.69 (-10.09%)
Crescent Fib. / Apr 18 Crescent Fibres Limited(CFL)	45.25 ▼ -5 (-9.95%)
Mughal Energy / Apr 18 Mughal Energy Limited(GEM)(GEMMEL)	20 ▼ -2.02 (-9.17%)
Cresent Jute / Apr 18 Crescent Jute Products Limited(CJPL)	3.11 ▼ -0.29 (-8.53%)
Din Tex. / Apr 18 Din Textile Mills Limited(DINT)	43.10 ▼ -3.93 (-8.36%)
Dewan Textile / Apr 18 Dewan Textile Mills Limited(DWTM)	6.41 ▼ -0.58 (-8.3%)

Stock	Volume
Sui South Gas / Apr 18 Sui Southern Gas Company Limited(SSGC)	25,201,675 ▲ 1.9
Pak Int.Bulk / Apr 18 Pakistan International Bulk Terminal(PIBTL)	21,698,058 ▲ 0.36
K-Electric Ltd. / Apr 18 K-Electric Limited(KEL)	18,483,980 ▲ 0.17
Maple Leaf Cement / Apr 18 Maple Leaf Cement Factory Limited(MLCF)	9,522,193 ▲ 1.33
Pak Elektron / Apr 18 Pak Elektron Limited(PAEL)	7,903,142 ▲ 0.08
WorldCall Telecom / Apr 18 Worldcall Telecom Limited(WTL)	5,575,206 ▲ 0.02
Cnergyico PK / Apr 18 Cnergyico PK Limited(CNERGY)	5,386,487 ▼ -0.01
B.O.Punjab / Apr 18 The Bank of Punjab(BOP)	5,310,918 ▼ -0.05
Pace (Pak) Ltd. / Apr 18 Pace (Pakistan) Limited(PACE)	5,251,829 ▲ 0.18
Bunnys Limited / Apr 18 Bunnys Limited(BNL)	5,129,902 ▲ 2.45

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