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global oil prices

India says oil prices would have rocketed without its Russian imports

NEW DELHI: Global oil prices “would have hit the roof” if big importer India had not bought oil from Russia...

Published 09 Nov, 2024 10:46am

Markets

Oil falls over 2pc

NEW YORK: Oil prices fell more than 2 percent on Friday as traders grew less fearful of prolonged supply disruptions...

Published 09 Nov, 2024 06:36am

Markets

Oil rises as Middle East war rages

NEW YORK: Oil prices rose for the second consecutive session on Tuesday, as traders downplayed hopes of a Middle ...

Updated 23 Oct, 2024 07:59am

Opinion

‘Trump’s election: plunging Middle East into a World War Zone’

This is apropos two back-to-back letters to the Editor carried by the newspaper these days. A conflict involving...

Published 21 Oct, 2024 06:54am

Markets

Oil prices plunge 4pc

HOUSTON: Oil prices tumbled more than 4% to a near two-week low on Tuesday due to a weaker demand outlook and after ...

Published 16 Oct, 2024 06:58am

Petrol’s price remains unchanged; diesel’s hiked

ISLAMABAD: The government Tuesday increased the price of high speed diesel (HSD) up to Rs 5 per liter effective from...

Updated 16 Oct, 2024 03:43pm

Markets

Oil settles down

HOUSTON: Oil prices settled lower on Friday but rose for the second straight week as investors weighed factors such...

Published 12 Oct, 2024 06:17am

BR Research

Oil prices: War premium is back

As the world holds its breath over Israel’s response to Iran’s missile attack earlier this month, the global oil...

Updated 09 Oct, 2024 12:58pm

Markets

Oil rises 3pc as ME war risk makes investors cautious

NEW YORK: Oil prices rose more than 3% on Monday, with Brent surpassing $80 per barrel for the first time since...

Published 08 Oct, 2024 06:57am

Business & Finance

Eight OPEC+ members extend oil supply cuts until end of Nov

VIENNA: Eight members of the OPEC+ group of oil-producing nations agreed Thursday to extend their voluntary supply...

Published 06 Sep, 2024 07:04am

Business & Finance

Higher taxation: BMP says govt has failed to pass on oil price decline to consumers

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel has sought reduction in...

Updated 02 Sep, 2024 09:12am

Markets

Oil falls 2pc to end volatile week

NEW YORK: Oil prices settled down nearly 2% on Friday, little changed on the week with Brent crude below $80 a...

Published 17 Aug, 2024 06:12am

Business & Finance

Oil rises nearly 2pc

NEW YORK: Oil prices gained more than $1 a barrel on Thursday after US economic data allayed fears of recession in...

Published 16 Aug, 2024 06:56am

Business & Finance

Angola to quit OPEC over oil production quotas disagreement

LUANDA: Angola said on Thursday it would leave OPEC over a disagreement on production quotas following the oil...

Published 22 Dec, 2023 05:22am

Russia eyes additional oil export cuts of about 50,000bpd in Dec

MOSCOW: Russia said on Sunday it would deepen oil export cuts in December by potentially 50,000 barrels per day or...

Updated 18 Dec, 2023 08:35am

Business & Finance

MPS on 12th: Analysts say policy rate to remain unchanged

KARACHI: The State Bank of Pakistan (SBP) is scheduled to announce monetary policy statement on December 12, 2023....

Published 07 Dec, 2023 04:35am

Markets

Oil prices up 3pc

NEW YORK: Oil prices climbed about 3% to a one-week high on Friday on worries that tensions in Israel and Gaza could...

Updated 28 Oct, 2023 06:34am

Markets

BP urges more oil, gas investment while speeding energy transition

NEW DELHI: Global oil major BP said the world must invest in the production of oil and gas to avoid to sharp price...

Published 26 Aug, 2023 02:46pm

Markets

Oil dips further as China worries counter supply cuts

HOUSTON: Oil prices dipped on Monday as concerns about China’s faltering economic recovery and a stronger dollar...

Published 15 Aug, 2023 06:30am

IEA flags OPEC+ supply cuts

International Energy Agency says if OPEC+ current targets are maintained, oil inventories could draw by 2.2 million barrels per day (bpd) in the third quarter

Updated 12 Aug, 2023 09:53am

India raises concerns over oil market volatility with producer countries

NEW DELHI: India has flagged concerns over volatility in the global oil prices to major oil producers and...

Updated 11 Aug, 2023 08:43am

Oil benchmark Brent’s price structure reflects tighter market

LONDON: The structure of the global benchmark Brent crude futures market is at its most bullish since April,...

Updated 11 Aug, 2023 08:42am

Markets

Oil prices rise as tight supply counters expected rate hikes

LONDON: Oil prices rose on Monday as tightening supply and hopes for Chinese stimulus underpinned Brent at well...

Updated 24 Jul, 2023 05:46pm

Business & Finance

Gulf economies to grow at much slower pace than earlier forecast

BENGALURU: Economic growth in five countries in the six-member Gulf Cooperation Council is forecast to be even ...

Updated 24 Jul, 2023 06:40am

Markets

Oil falls amid China growth uncertainties

LONDON: Oil prices eased on Monday as questions over China’s economy outweighed OPEC+ output cuts and the seventh...

Updated 19 Jun, 2023 06:52pm

Pakistan

‘Same discount as for others’: Russian minister says Pakistan not receiving ‘special’ rate

Energy minister Nikolai Shulginov also says Russia agreed payment would be made in currencies of friendly countries

Updated 17 Jun, 2023 10:07pm

Business & Finance

OPEC+ oil output cuts are non-political: Putin

MOSCOW: Russian President Vladimir Putin said on Friday that decisions made by the OPEC+ group to cut oil production...

Updated 17 Jun, 2023 06:58am

Business & Finance

Investors ignore OPEC+ to focus on consumption outlook: Kemp

LONDON: Portfolio investors had become increasingly bearish about the outlook for oil prices in the run up to the...

Published 06 Jun, 2023 05:33am

Business & Finance

POL products’ prices cut on world market, exchange rate decline

ISLAMABAD: The government has reduced the retail price of petroleum products on account of a decline in the...

Published 17 May, 2023 06:22am

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 13	278.15
USD PKR Interbank Buying / Dec 13	277.95
USD to Japanese Yen / Dec 13	152.89
USD to Swiss Franc / Dec 13	0.89
Pound Sterling to USD / Dec 13	1.27
Euro to USD / Dec 13	1.05

Stock	Volume
S&P 500 / Dec 12	6,051.25
Nasdaq / Dec 12	19,902.84
Dow Jones / Dec 12	44,914.12
India Sensex / Dec 13	81,383.94
Tokyo Nikkei / Dec 13	39,468.16
Hang Seng / Dec 13	20,056.01
FTSE 100 / Dec 13	8,323.68
Germany DAX 30 / Dec 13	20,507.55

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 12	17,585
Gold 10 Grams PKR / Dec 12	243,659.90
Crude Oil USD/Barrel / Dec 13	70.10
Gold Spot USD/Ounce / Dec 13	2,685.25
Cotton US¢/pound / Dec 13	69.62
Petrol/Litre / Dec 14	252.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 14 786 Investments Limited(786)	8.07 ▲ 1.00 (14.14%)
F.Credit & Inv / Dec 14 First Credit and Investment Bank Limited(FCIBL)	8.69 ▲ 1.00 (13.00%)
LSE Financial Serv. / Dec 14 LSE Financial Services Limited(LSEFSL)	15.14 ▲ 1.38 (10.03%)
United Brands / Dec 14 United Brands Limited(UBDL)	24.84 ▲ 2.26 (10.01%)
Arpak Int. / Dec 14 Arpak International Investments Ltd.(ARPAK)	76.32 ▲ 6.94 (10.00%)
Biafo Ind. / Dec 14 Biafo Industries Limited(BIFO)	190.43 ▲ 17.31 (10.00%)
Data Agro / Dec 14 Data Agro Limited(DAAG)	104.61 ▲ 9.51 (10.00%)
Fecto Cement / Dec 14 Fecto Cement Limited(FECTC)	120.47 ▲ 10.95 (10.00%)
Honda Atlas Cars / Dec 14 Honda Atlas Cars (Pakistan) Limited(HCAR)	336.11 ▲ 30.56 (10.00%)

Stock	Price
First Capital Equities / Dec 14 First Capital Equities Limited(FCEL)	5 ▼ -0.76 (-13.19%)
Blue-Ex Ltd / Dec 14 Blue-Ex Limited (GEM)(GEMBLUEX)	32.99 ▼ -3.66 (-9.99%)
Crescent Fib. / Dec 14 Crescent Fibres Limited(CFL)	39.60 ▼ -4.37 (-9.94%)
Mughal Energy / Dec 14 Mughal Energy Limited(GEM)(GEMMEL)	21 ▼ -1.65 (-7.28%)
Askari Bank / Dec 14 Askari Bank Limited(AKBL)	37.56 ▼ -2.93 (-7.24%)
First AL-Noor Mod. / Dec 14 First Al-Noor Modaraba(FANM)	3.25 ▼ -0.24 (-6.88%)
First Elite Cap.Mod / Dec 14 First Elite Capital Modaraba(FECM)	6.45 ▼ -0.45 (-6.52%)
Haseeb Waqas / Dec 14 Haseeb Waqas Sugar Mills Limited(HWQS)	12.01 ▼ -0.83 (-6.46%)
K.S.B.Pumps / Dec 14 KSB Pumps Company Limited(KSBP)	151 ▼ -9.98 (-6.20%)

Stock	Volume
WorldCall Telecom / Dec 14 Worldcall Telecom Limited(WTL)	232,925,553 ▼ -0.01
Cnergyico PK / Dec 14 Cnergyico PK Limited(CNERGY)	80,186,381 ▼ -0.14
Pak Int.Bulk / Dec 14 Pakistan International Bulk Terminal(PIBTL)	75,005,438 ▲ 0.61
K-Electric Ltd. / Dec 14 K-Electric Limited(KEL)	59,689,845 ▲ 0.06
Fauji Foods Ltd / Dec 14 Fauji Foods Limited(FFL)	49,273,861 ▼ -0.03
Treet Corp / Dec 14 Treet Corporation Limited(TREET)	47,769,775 ▲ 2.23
Lotte Chemical / Dec 14 Lotte Chemical Pakistan Limited(LOTCHEM)	45,989,291 ▼ -1.12
Sui South Gas / Dec 14 Sui Southern Gas Company Limited(SSGC)	38,442,527 ▼ -1.06
Power Cement / Dec 14 Power Cement Limited(POWER)	37,680,570 ▲ 0.57

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