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oil exports

Oil prices set for weekly gain despite India virus surge

China's exports and services sector expand in April.
April crude imports down 0.2% year on year in China.

Published 07 May, 2021 06:26pm

Markets

Oil nears $70 as easing Western lockdowns boost summer demand outlook

API data shows bigger-than-expected drop in US crude stocks.
Easing restrictions in UK, US boost demand hopes.
Market eyes EIA data due later in the day.

Published 05 May, 2021 06:38pm

Markets

Oil holds near $67 as demand hopes balance India concern

Surge in coronavirus cases hits India's April fuel demand.
OPEC boosts output in April, OPEC+ increase takes effect in May.
Iran nuclear talks in focus.

Published 03 May, 2021 07:51pm

Markets

India demand worries, weak Japanese imports knock oil prices from six-week highs

Brent to average $64.17 in 2021-Reuters poll.
Japan's March oil imports fall 25.0 pct y/y – METI.
China's factory activity growth slows in April.
Japan's April manufacturing expands at fastest pace since 2018.
India infections top 18 million.

Published 30 Apr, 2021 08:54pm

Markets

Oil prices to drift higher despite India demand hiccup

Demand growth seen at 5.5-6.5 million bpd in 2021.
Fifth straight upward revision to the 2021 Brent consensus.
Benchmark Brent crude to average $64.17/bbl in 2021.
US crude forecast to average $61.01/bbl this year.

Published 30 Apr, 2021 06:43pm

Markets

Oil prices rise, bullish demand outlook offsets India concerns

US refinery run rates highest since March 2020.
Oil demand could rise to 101.5 million bpd this summer – Citi.
US dollar at nine-week lows.

Published 29 Apr, 2021 05:05pm

Markets

Oil prices rise 2pc on fuel demand optimism

US crude stocks edge up, distillate inventories drop –EIA.
Goldman sees surge in oil demand over next six months.
OPEC+ sticks to plan to ease oil output cuts from May 1.
India's COVID-19 death toll surges past 200,000.

Published 28 Apr, 2021 09:12pm

Markets

Oil rises as OPEC+ seen sticking to policy despite India COVID surge

OPEC+ brings forward monitoring meeting to Tuesday.
India's total COVID-19 deaths near 200,000.
Iran nuclear talks due to resume on Tuesday.
Coming up: API oil inventory report, 2030 GMT.

Published 27 Apr, 2021 08:21pm

Markets

Oil rises to $66 ahead of OPEC+ meeting, India weighs

OPEC+ brings forward monitoring meeting to Tuesday.
India's total COVID-19 deaths near 200,000.
Iran nuclear talks due to resume on Tuesday.
Coming up: API oil inventory report, 2030 GMT.

Published 27 Apr, 2021 06:52pm

Markets

Oil falls on India's COVID surge, supply increase

Brent, WTI down more than $1.
COVID-19 cases rise in India and Japan.
Market eyes an OPEC+ meeting this week.
Libya's NOC lifts force majeure on Hariga port.

Published 26 Apr, 2021 05:01pm

Markets

Oil rises as EU keeps stimulus flows, dollar falls

US crude stocks show surprise rise in EIA data.
Rising COVID-19 cases in India and Japan raise demand concerns.
OPEC+ set for meeting next week.

Published 22 Apr, 2021 08:36pm

Markets

Oil prices climb

NEW YORK: Oil prices edged higher on Monday, supported by a weaker US dollar but gains were capped by concerns about...

Published 20 Apr, 2021 03:59am

Markets

Oil rises as OPEC+ decides on production policy

OPEC+ reaches preliminary deal to raise output from May –sources.
OPEC+ still has deep production cuts in place.
New pandemic waves creates uncertain demand outlook.
Euro zone factory activity soared in March.

Published 01 Apr, 2021 09:04pm

Markets

Oil prices drop as demand concerns outweigh Suez disruption

Suez Canal suspends traffic, efforts to dislodge ship continue.
Prices fall as demand concerns dominate.
Big gains unlikely until OPEC meeting on April 1 – analyst.

Published 25 Mar, 2021 08:22pm

Markets

Oil rises as Suez Canal ship runs aground, demand fears weigh

API says US crude inventories rise 2.9 million barrels.
Germany's Merkel says drops plan for stricter Easter shutdown.
Sentiment still bearish after other pandemic curbs in Europe.
Ship in blocked convoy in Suez Canal on move- source and witness.

Published 24 Mar, 2021 08:20pm

Markets

Oil drops as inventories and COVID vaccine halt threaten demand

Germany, France, Italy suspend use of AstraZeneca shot.
Move threatens EU's already slow vaccination campaign.
US inventories seen rising in data releases this week.
US refineries take time to recover from 'big freeze'.

Updated 16 Mar, 2021 10:02pm

World

U.S. becomes India's second biggest oil supplier, Saudi plunges to No. 4

he United States overtook Saudi Arabia as India’s second biggest oil supplier after Iraq last month, as refiners boosted cheaper U.S. crude purchases to record levels to offset OPEC+ supply cuts, data from trade sources showed.
India’s imports from the United States - the world’s top producer - rose 48% to a record 545,300 bpd in February from the prior month, accounting for 14% of India’s overall imports last month.

Published 15 Mar, 2021 04:08pm

Markets

Oil prices broadly stable ahead of OPEC+ meeting

OPEC+ ministers meet on Thursday, future Saudi output unclear.
US crude inventories surge, fuel stocks fall –EIA.
Yemen's Houthis say they fired missile at Saudi Aramco site.

Published 04 Mar, 2021 07:29pm

Markets

Oil jumps on vaccine optimism, US stimulus

US House passes $1.9 trillion COVID-19 relief plan.
China Feb factory activity growth drops.
Euro zone factories buzzing in Feb as demand soars.
OPEC+ meets on Thursday to discuss output.

Published 01 Mar, 2021 05:51pm

Markets

Russia's Far East ESPO Blend oil exports to rise 11.6pc

On a daily basis, ESPO Blend second-quarter oil loadings from Kozmino will rise by 11.6% from the January-March quarter, Reuters calculations showed.
OPEC+ could ease curbs on oil supply from April thanks to a recovery in prices. The producer group is due to hold a meeting on March 4.

Updated 24 Feb, 2021 09:07pm

Markets

Russia to lift oil exports from its Western ports by 5.6pc in March vs Feb

On a daily basis loadings will rise by 5.6% in March from the current month, Reuters calculations showed.
Russian flagship Urals oil loadings from Baltic ports will rise to 4.1 million tonnes from 3.6 million tonnes in February.

Published 24 Feb, 2021 07:12pm

Markets

Iraq expects oil exports to average 3.6mn bpd in February

An average of 2.9 million bpd in exports would come from southern Iraq, he told a news briefing in Baghdad.
The minister said he anticipated an oil price of $58 to $63 in 2021. He also said OPEC and its allies were expected to keep their output policy.

Published 10 Feb, 2021 05:40pm

Markets

Russian pipeline oil exports via northern Druzhba down 20pc

MOSCOW: Russian oil exports via the northern section of the Druzhba pipeline to Poland and Germany fell to 2.26...

Published 06 Feb, 2021 04:06am

Markets

Russia cuts oil exports from western ports by 19pc in Feb/Jan

Urals loadings from Primorsk are set at 2.2 million tonnes for February and exports from Ust-Luga are set at 1.2 million tonnes, according to the schedule.
Oil exports are set to decline amid a sharp cut in major oil company Rosneft's export plans for next month.

Published 25 Jan, 2021 09:37pm

Business & Finance

Kazakh govt discussing sunflower export duty with market

The ministry has not replied to a question about the export duty sent earlier this week.

Published 21 Jan, 2021 06:55pm

Markets

Saudi Arabia beats Russia in tight race for China oil supply, US imports soar

Saudi Arabia has played catch up as a supplier since November with steep cuts in prices to woo customers, overtaking Russia, which had led for most of 2020 with more flexible logistics and geographical proximity to Chinese refiners.

Published 20 Jan, 2021 10:57am

Markets

Oil mixed as Chinese data offsets coronavirus fears

China's economy picked up in fourth quarter.
Libyan oil output cut by 200,000 bpd.
Stronger dollar weighs on prices.

Published 18 Jan, 2021 04:44pm

Markets

Oil falls as China lockdown, US unemployment data temper gains

Brent was down 83 cents, or 1.5%, at $55.59.
US West Texas Intermediate crude was down 57 cents, or 1.1%, at $53 a barrel.

Published 15 Jan, 2021 07:51pm

Markets

Oil prices ease as pandemic overshadows Chinese and US data

US crude stockpiles drop, fuel inventories build –EIA.
Oil market outlook clouded by vaccine rollout variables –IEA.
China reports most new COVID-19 cases in more than 10 months.

Published 14 Jan, 2021 09:44pm

Markets

Oil prices ease as pandemic outweighs Chinese and US data

US crude stockpiles drop, fuel inventories build –EIA.
Oil market outlook clouded by vaccine rollout variables –IEA.
China reports most new COVID-19 cases in more than 10 months.

Published 14 Jan, 2021 07:10pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 23	278.40
USD PKR Interbank Buying / Apr 23	278.10
USD to Japanese Yen / Apr 23	154.85
USD to Swiss Franc / Apr 23	0.91
Pound Sterling to USD / Apr 23	1.24
Euro to USD / Apr 23	1.07

Stock	Volume
S&P 500 / Apr 22	5010.60
Nasdaq / Apr 22	15451.31
Dow Jones / Apr 22	38239.98
India Sensex / Apr 23	73884.02
Tokyo Nikkei / Apr 23	37552.16
Hang Seng / Apr 23	16828.93
FTSE 100 / Apr 23	8045.70
Germany DAX 30 / Apr 23	17967.18

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 19	21035
Gold 10 Grams PKR / Apr 22	213220
Crude Oil USD/Barrel / Apr 23	82.41
Gold Spot USD/Ounce / Apr 23	2301.86
Cotton US¢/pound / Apr 23	82.37
Petrol/Litre / Apr 24	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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