Topic

oil demand

Iraq exported 10 million barrels of oil in April through Strait of Hormuz

Published 16 May, 2026 12:39pm

Iraq plans to engage with OPEC to boost the country’s production and export capacity

Oil prices rise more than 3% amid fears of renewed US-Iran combat

Updated 15 May, 2026 10:30pm

HOUSTON: Oil prices gained more than 3% on Friday, climbing over $3 a barrel after comments from U.S. President...

Oil prices dip after Iran says some vessels are crossing Hormuz

Updated 14 May, 2026 10:33pm

NEW YORK: Crude oil futures dipped slightly on Thursday after Iran’s state media said about 30 vessels had crossed...

OPEC cuts 2026 global oil demand growth forecast

Published 14 May, 2026 05:59am

LONDON: OPEC on Wednesday lowered its forecast for global oil demand growth in 2026, joining other forecasters such...

Fuel prices could keep rising for months after Hormuz reopens, US EIA says

Published 07 Apr, 2026 11:05pm

NEW YORK: Fuel prices could keep rising for months even after the Strait of Hormuz reopens, the U.S. Energy...

India’s sugar, edible oil demand drops as commercial gas shortages hit restaurants

Published 07 Apr, 2026 07:15pm

Roadside eateries, restaurants facing gas cylinder shortages, which reducing edible oil consumption

OPEC lifts 2026 oil demand view and trims supply growth from rivals

Published 12 Aug, 2025 06:06pm

LONDON: OPEC on Tuesday raised its forecast for global oil demand next year and trimmed its forecast for growth in...

South Africa wants $100 a barrel oil before selling more crude stocks

Published 21 May, 2025 08:23pm

CAPE TOWN: South Africa will wait for global oil prices to rise to around $100 a barrel before selling more of its...

IEA forecasts slowdown in global oil demand growth for the rest of 2025

Published 15 May, 2025 02:53pm

LONDON: The International Energy Agency (IEA) said on Thursday economic headwinds combined with record sales of...

Kuwait extends oil credit facility to Pakistan for two years

Updated 16 Apr, 2025 08:21pm

Kuwait has extended its oil credit facility to Pakistan for another two years. Kuwait’s Ambassador to Pakistan...

Oil rises as US issues new sanctions targeting Chinese importers of Iranian oil

Updated 16 Apr, 2025 09:27pm

HOUSTON: Oil prices rose more than $1 a barrel on Wednesday after Washington issued new sanctions targeting Chinese...

World oil demand, US supply to grow more slowly on tariff tensions, IEA says

Published 15 Apr, 2025 06:20pm

LONDON: Global oil demand will grow at its slowest rate for five years in 2025 and U.S. production rises will also...

HSBC lowers Brent price forecasts on trade tensions, sluggish oil demand

Published 15 Apr, 2025 04:36pm

HSBC revised down its Brent crude price forecast on Tuesday, citing rising trade tensions and an expected reduction...

OPEC cuts global oil demand growth forecasts

Published 15 Apr, 2025 05:54am

LONDON: OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the...

OPEC cuts global oil demand growth forecasts, citing US tariffs

Published 14 Apr, 2025 06:23pm

LONDON: OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the...

Oil falls 3% as investors reassess Trump’s tariff flip

Updated 10 Apr, 2025 09:59pm

Oil prices fell more than $2 per barrel on Thursday, wiping away the prior session’s rally, as investors reassessed...

Oil’s crude awakening

Published 09 Apr, 2025 08:50am

The recent ‘Liberation Day’ proclamation from Washington may have sounded like a campaign rallying cry, but in...

IEA expects comfortably supplied oil market in 2025 despite demand hike

Published 12 Dec, 2024 04:38pm

LONDON: The world oil market will be comfortably supplied in 2025, the International Energy Agency (IEA) said on...

Strong dollar weakens oil

Published 15 Nov, 2024 08:26am

Following Donald Trump’s historic return to the White House, the US dollar has gone on to a bull rally, seeing it...

Oil prices: the seesaw continues

Updated 27 Sep, 2024 10:10am

A 40-month low, a 12 percent rebound and a 6 percent retreat. All of that happened in a span of less than two weeks...

Saudi Arabia turns to Kuwait for fuel oil in rare move to meet summer demand

Published 26 Jul, 2024 07:35am

SINGAPORE: Saudi Arabia imported fuel oil from Kuwait for the first time in more than two years in July to help meet...

OPEC sticks to oil demand view, sees better economic growth

Published 13 Feb, 2024 06:02pm

LONDON: OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025 and...

IEA to expedite 2025 oil demand forecast, OPEC also moves early

Published 26 Jan, 2024 04:58am

LONDON: The International Energy Agency is bringing forward publication of its first 2025 oil demand forecast to...

Saudi Arabia likely to extend additional supply cuts to Q1 2024: Energy Aspects

Published 15 Nov, 2023 08:18pm

SINGAPORE: The world’s top oil exporter, Saudi Arabia, is expected to extend its additional voluntary supply cuts to...

China fuels increase in global oil demand: IEA

Published 15 Nov, 2023 06:09am

PARIS: World oil demand will rise slightly more than expected this year as China’s appetite for the fossil fuel ...

Oil shows no retreat

Published 16 Aug, 2023 08:31am

As Brent crude stays firm staying over $85/bbl, showing strong resistance – energy commodities outside of oil have...

OPEC sees 2.2 pct oil demand growth in 2024 despite headwinds

Published 13 Jul, 2023 06:13pm

LONDON: OPEC on Thursday raised its forecast for oil demand growth for 2023 and predicted only a slight slowdown in...

India to soon overtake China as largest driver of oil demand: IEA chief

Published 14 Jun, 2023 05:27pm

NEW DELHI: India will soon overtake China as the largest driver of global oil demand, International Energy Agency...

OPEC oil demand forecast holds steady as economic clouds gather

Published 13 Jun, 2023 05:47pm

LONDON: OPEC left its forecast for 2023 global oil demand growth steady for a fourth month on Tuesday, though the...

Oil bulls mean business

Published 12 May, 2023 09:18am

Midfield play is often boring – but the one going on in the oil market is anything but. Both sides have had various...

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

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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