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global oil prices

OMCs, refineries: PDCs seen at Rs63.12bn for May 16-31 on global oil prices

ISLAMABAD: Based on current international prices, the price differential claims for Oil Marketing...

Published 24 May, 2022 05:35am

Markets

Libya losing $60m a day in oil shutdown

TRIPOLi: Libya is losing tens of millions of dollars a day from the shutdown of its oil facilities, while global...

Published 30 Apr, 2022 07:17am

IEA details plan to release 120m barrels of oil to cool prices

LONDON: The International Energy Agency (IEA) has listed members’ contributions to a 120-million-barrel release of...

Published 09 Apr, 2022 04:39am

Markets

Asia Distillates: Gasoil cash premiums climb to 3-week high

SINGAPORE: Asia’s cash premiums for 10 ppm gasoil rose for a 11th consecutive session on Thursday supported by...

Published 01 Apr, 2022 05:41am

Markets

United States weighs largest ever draw from emergency oil reserve

WASHINGTON: The Biden administration is considering releasing up to 180 million barrels of oil over several months...

Published 31 Mar, 2022 11:53am

Markets

Oil could hit $200 a barrel, says Rystad Energy

OSLO: Global oil prices could rise to $200 a barrel if Europe and the United States ban imports of Russian oil,...

Published 08 Mar, 2022 08:50pm

Markets

Energy conference kicks off as Ukraine conflict puts oil market in turmoil

HOUSTON: The world’s biggest gathering of energy industry leaders kicked off in Houston Monday, as Russia’s...

Published 08 Mar, 2022 05:15am

Markets

Energy conference kicks off as Ukraine conflict leaves oil market in turmoil

The world's biggest gathering of energy industry leaders kicks off in Houston Monday, as Russia's invasion of ...

Published 07 Mar, 2022 01:39pm

Markets

Global oil prices won't decline until 2023: World Bank

WASHINGTON: The stunning recent run-up in global oil prices could threaten economic growth, and is unlikely to...

Published 21 Oct, 2021 06:57pm

IMF, G20 fret over supply chain bottlenecks, inflation fears

WASHINGTON: Global finance officials gathered in Washington on Wednesday were focused on finding a way to alleviate...

Updated 15 Oct, 2021 09:25am

Opinion

'Balancing act needed'

This is apropos a Business Recorder op-ed "Balancing act needed" carried by the newspaper on Sunday. The writer, Ali...

Published 21 Sep, 2021 04:10am

Pakistan

Price of petrol increased by Rs5 per litre

The government increased on Wednesday the price of petrol by Rs5 per litre effective from September 16 (Thursday)...

Published 15 Sep, 2021 10:11pm

C/A surplus turns to deficit on higher import bill

Country's import bill for the last month of FY21 was $6.32 billion
Pakistan ended with a C/A deficit of $1.85 billion in FY21, against deficit of $4.449 billion in FY20

Updated 20 Jul, 2021 09:34am

Markets

Russian oil giant Rosneft back in black as prices recover

MOSCOW: Russian oil giant Rosneft said Friday that its earnings were back in the black in the first quarter after ...

Published 17 May, 2021 06:14am

Business & Finance

Indian refiners deepen cuts to Saudi oil purchases in May

State refiners initially planned 25% cut to purchases in May.
Indian and Saudi oil ministers had conversation on Saturday.
Refiners upset with Saudi decision to raise Asia prices.

Published 06 Apr, 2021 02:55pm

World

Russia's economy shrank 3pc last year -revised data

The figures from the Federal Statistics Service Rosstat were marginally better than Rosstat's preliminary estimate that gross domestic product fell by 3.1% last year.
The coronavirus outbreak paralysed business activity in 2020, prompting the central bank to slash interest rates to a record low 4.25%, while a drop in global oil prices dented Russia's revenues.

Published 01 Apr, 2021 09:17pm

Markets

India terms Saudi response to call for more oil supplies 'undiplomatic'

"I politely disagree with that kind of statement. Certainly India has its own strategy, when and how to use our own storage, and we are conscious about our interests," Pradhan said at an event.
He has blamed Saudi Arabia's voluntary production cuts for contributing to a spike in global oil prices.

Published 26 Mar, 2021 06:36pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 8	278.28
USD PKR Interbank Buying / May 8	278.03
USD to Japanese Yen / May 8	155.25
USD to Swiss Franc / May 8	0.91
Pound Sterling to USD / May 8	1.25
Euro to USD / May 8	1.07

Stock	Volume
S&P 500 / May 7	5187.70
Nasdaq / May 7	16332.56
FTSE 100 / May 7	8313.67
Dow Jones / May 7	38884.26
Germany DAX 30 / May 7	18430.05
France CAC40 / May 7	8075.68
India Sensex / May 8	73566.30
Tokyo Nikkei / May 8	38202.37

Item	Value
Karachi Cotton PKR/37.32 KG / May 7	19935
Gold 10 Grams PKR / May 7	205761
Petrol/Litre / May 8	288.49
Crude Oil USD/Barrel / May 8	77.89
Gold Spot USD/Ounce / May 8	2314.41
Diesel/Litre / May 8	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 8 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 8 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 8 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 8 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 8 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 8 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 8 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 8 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 8 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 8 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 8 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 8 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 8 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 8 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 8 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 8 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 8 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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