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Louise Dickson

Oil marches higher, with few paths seen to alleviate Russian supply disruption

Published 03 Mar, 2022 04:39am

NEW YORK: Oil relentlessly marched higher beyond $110 a barrel on Wednesday, responding to a flood of divestment ...

Oil price steady, Kazakh turmoil adds to supply concerns

Published 08 Jan, 2022 03:59am

LONDON: Oil prices held steady on Friday, heading for their biggest weekly gains since mid-December as unrest in...

Oil edges up to new multi-year highs on short supply

Published 27 Oct, 2021 04:50am

NEW YORK: Oil prices edged up to fresh multi-year highs on Tuesday, supported by a global supply shortage and strong...

Oil up on tight supply, Brent crude nears $80 a barrel

Published 28 Sep, 2021 05:12am

NEW YORK: Oil prices gained on Monday for a fifth straight day, with Brent at its highest since October 2018 and...

Oil prices accelerate rise as OPEC+ calls off output talks

Published 05 Jul, 2021 10:53pm

The Organization of the Petroleum Exporting Countries and its allies, a group known as OPEC+, agreed on record output cuts in 2020 to cope with a COVID-induced price crash.

Oil hits over 1-year high on OPEC+ supply discipline, demand prospects

Published 03 Jun, 2021 04:13am

NEW YORK: Oil prices surged on Wednesday, hitting the highest in more than a year on lift from a decision by OPEC ...

Oil rises to highest since March on demand prospects

Published 01 Jun, 2021 11:15pm

OPEC+ decided in April to return 2.1 million barrels per day (bpd) of supply to the market from May to July, anticipating rising global demand despite the high number of coronavirus cases in India, the world's third-largest oil consumer.

Oil edges up as rising demand faces Iran supply worries

Goldman Sachs said any potential recovery in Iranian oil exports would not be a shock to the market, and full recovery would not occur until summer 2022.

Oil prices mixed as U.S. crude inventory draw supports, OPEC+ concerns weigh

Published 31 Mar, 2021 11:56pm

OPEC+ has lowered its oil demand growth forecast for this year by 300,000 barrels per day (bpd), a report from its experts panel meeting seen by Reuters showed.

Oil falls as Suez Canal opens, dollar rallies; eyes on OPEC+ meeting

Updated 31 Mar, 2021 12:05am

Ships were moving through the Suez Canal again a day after tugs refloated the Ever Given container carrier, which had blocked the passage for almost a week.

Oil rises as traders expect OPEC+ to hold output cuts

Updated 30 Mar, 2021 12:01am

Brent oil rose 26 cents to $64.83 a barrel by 1:08 p.m. EDT (1708 GMT). U.S. crude rose 47 cents to $61.44 a barrel.

Nasdaq drops 3% on inflation fears, WTI oil loses 7.1%

Published 19 Mar, 2021 11:09am

The tech-rich Nasdaq Composite Index slid 3.0 percent to close at 13,116.17, while the broad-based S&P 500 lost 1.5 percent to end at 3,915.46.

Oil steadies as weaker dollar offsets demand worries

Published 29 Jan, 2021 04:55am

NEW YORK: Oil was steady on Thursday as the impact of a weaker dollar and big US crude inventory drawdown offset...

Oil tumbles 4pc as new virus strain revives demand fears

Published 22 Dec, 2020 12:59am

Brent climbed above $50 last week for the first time since March, buoyed by optimism stemming from COVID-19 vaccines.

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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	159.93
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.34
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
India Sensex / Jun 3	74,346.17
Tokyo Nikkei / Jun 3	68,402.13
Nasdaq / Jun 3	26,853.97
Hang Seng / Jun 3	25,633.21
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42

Item	Value
Crude Oil USD/Barrel / Jun 3	95.34
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,452.30
Cotton US¢/pound / Jun 3	80.51
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Universal Ins. / Jun 4 The Universal Insurance Company Limited(UVIC)	25.59 ▲ 2.33 (10.02%)
Tri-Star Power / Jun 4 Tri-Star Power Limited(TSPL)	15.38 ▲ 1.4 (10.01%)
Pak Synthetics / Jun 4 Pakistan Synthetics Limited(PSYL)	127.36 ▲ 11.58 (10%)
Shahzad Tex. / Jun 4 Shahzad Textile Mills Limited(SZTM)	75.22 ▲ 6.84 (10%)
Aisha Steel(ConPS) / Jun 4 Aisha Steel(ConPS)(ASLPS)	32.70 ▲ 2.92 (9.81%)
Zuma Resources / Jun 4 Zuma Resources Limited(ZUMA)	72.11 ▲ 6.09 (9.22%)
Askari Life Assur. / Jun 4 Askari Life Assurance Company Limited(ALAC)	20.90 ▲ 1.66 (8.63%)
Ideal Spinning / Jun 4 Ideal Spinning Mills Limited(IDSM)	78.60 ▲ 6.12 (8.44%)
First Dawood Prop. / Jun 4 First Dawood Properties Limited(FDPL)	4.95 ▲ 0.38 (8.32%)
Gammon Pak / Jun 4 Gammon Pakistan Limited(GAMON)	20.80 ▲ 1.57 (8.16%)

Stock	Price
Ellcot Spinning / Jun 4 Ellcot Spinning Mills Limited(ELSM)	104.10 ▼ -10.72 (-9.34%)
Chenab Ltd (Pref) / Jun 4 Chenab Limited (Pref)(CLCPS)	3.56 ▼ -0.29 (-7.53%)
AL-Noor Sugar / Jun 4 Al-Noor Sugar Mills Limited(ALNRS)	115 ▼ -9.31 (-7.49%)
Khairpur Sug. / Jun 4 Khairpur Sugar Mills Limited(KPUS)	2,006 ▼ -158.61 (-7.33%)
Ahmad Hassan / Jun 4 Ahmad Hassan Textile Mills Limited(AHTM)	80 ▼ -5.11 (-6%)
Diamond Ind. / Jun 4 Diamond Industries Limited(DIIL)	67.50 ▼ -3.98 (-5.57%)
Bawany Air Products / Jun 4 Bawany Air Products Limited(BAPL)	33.06 ▼ -1.49 (-4.31%)
Kohat Textile / Jun 4 Kohat Textile Mills Limited(KOHTM)	79 ▼ -3.48 (-4.22%)
Sapphire Textile / Jun 4 Sapphire Textile Mills Limited(SAPT)	1,331.01 ▼ -53.73 (-3.88%)
Pak Gulf Leasing / Jun 4 Pak-Gulf Leasing Company Limited(PGLC)	13.70 ▼ -0.55 (-3.86%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	17,046,193 ▲ 0.4
Wasl Mobility Mod. / Jun 4 Wasl Mobility Modaraba(WASL)	3,483,809 ▲ 0.33
Pak Qatar Family / Jun 4 Pak Qatar Family Takaful Limited(PAKQATAR)	3,218,321 ▲ 0.58
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	2,221,295 ▲ 0.1
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	2,118,937 ▲ 1.28
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	1,577,494 ▲ 0.31
Maple Leaf Cement / Jun 4 Maple Leaf Cement Factory Limited(MLCF)	1,537,529 ▲ 1.19
AKD Securities / Jun 4 AKD Securities Limited(AKDSL)	1,441,247 ▲ 2.64
Fauji Cement / Jun 4 Fauji Cement Company Limited(FCCL)	1,081,554 ▲ 0.76
Askari Life Assur. / Jun 4 Askari Life Assurance Company Limited(ALAC)	964,687 ▲ 1.66

Louise Dickson

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