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oil markets

Banking on peace already?

Published 02 Jul, 2026 05:45am

Oil markets have spent the past week behaving as though the worst is over. Brent crude has surrendered much of its...

Can oil derail AI?

Updated 11 Jun, 2026 06:56am

The US-Israeli war on Iran has already produced a surprisingly long list of unintended consequences. Shipping routes...

Oil prices fall 4% to seven-week low as Iran and Israel halt attacks

Updated 09 Jun, 2026 09:16pm

Brent futures fall $3.40, or 3.6%, to $90.85 a barrel at 10:28am EDT (1428 GMT)

OCAC concerned over inventory gains review, cross-subsidy plans

Published 05 Jun, 2026 05:48am

ISLAMABAD: The Oil Companies Advisory Council (OCAC) has raised serious concerns over reported government plans to...

‘Plenty of oil’ in market despite Mideast turmoil: IEA chief

Published 07 Mar, 2026 05:06am

BRUSSELS, (Belgium): International Energy Agency (IEA) chief Fatih Birol sought Friday to tamp down fears of a...

War mania hits global economy

Published 06 Mar, 2026 05:28am

The ongoing war imposed on Iran by Israel, with the United States firmly aligned behind Benjamin Netanyahu, is not...

Saudi Arabia boosts oil output

Published 26 Feb, 2026 04:57am

LONDON: Saudi Arabia is increasing its oil production and exports as part of a contingency plan in case any US ...

Oil markets seen bearish after Trump-Putin meeting

Published 17 Aug, 2025 02:53am

LONDON: Oil markets are set for a muted price reaction when they open on Sunday after US President Donald Trump’s...

Geopolitics ignite oil prices once again

Updated 18 Jun, 2025 08:43am

Crude oil prices remain volatile, navigating between tightening supply concerns and weakening demand signals. Brent...

Opec+ opens the taps

Published 06 Mar, 2025 07:24am

Oil prices have hit a six-month low, weighed down by OPEC+‘s decision to proceed with a planned April output...

Oil prices fall 2% to two-month low on worries about US tariffs

Updated 25 Feb, 2025 09:34pm

Brent futures declines by $1.61, or 2.25%, to $73.17 a barrel

Oil’s tug of war

Published 13 Feb, 2025 08:27am

Oil markets have been hit with yet another twist, as U.S. crude stockpiles posted a record increase, the largest...

Global oil demand to grow by 1.9ln bpd in 2024, says Wood Mac

Published 29 Feb, 2024 08:56pm

LONDON: Global oil demand will grow by 1.9 million barrels per day (bpd) this year, according to a prediction by...

Kuwait fuel oil exports rise for second month as Al Zour ramps up

Published 29 Feb, 2024 05:43pm

SINGAPORE: Kuwait’s fuel oil exports rose for a second month in February, according to shiptracking data from Kpler...

Oil prices firm

Published 20 Feb, 2024 03:09am

NEW YORK: Brent crude oil prices were little changed on Monday, with lingering supply concerns from tensions in the...

Aramco CEO predicts tighter oil markets, sees Red Sea risks

Published 17 Jan, 2024 06:22pm

DAVOS: Global oil markets will cope with Red Sea disruptions in the short run, although prolonged attacks by the...

Oil rises on Chinese demand but European rate hike fears weigh

Updated 03 Mar, 2023 07:33am

NEW YORK: Oil rose on Thursday on signs of a strong economic rebound in top crude importer China, but fears over the...

Oil prices up 1pc to near 7-week high

Published 19 Jan, 2023 06:31am

NEW YORK: Oil prices rose about 1% on Wednesday to their highest since early December on a drop in the US dollar and...

Oil prices fall nearly 5pc on worry over global economy

Published 05 Jan, 2023 05:58am

NEW YORK: Oil fell nearly 5 percent on Wednesday after slumping in the previous session, weighed down by demand...

Asia’s spot fuel oil market firms

Published 21 Dec, 2022 06:50am

SINGAPORE: Asia’s spot fuel oil market extended gains on Tuesday, although recovery remains capped as monthly...

Russian oil sold to India below price cap in buyers’ market

Published 15 Dec, 2022 06:45am

Russia’s flagship Urals crude has been sold at deeper discounts this month following a European ban on Russian oil...

Oil rebounds, but still on track for biggest weekly declines

Updated 10 Dec, 2022 09:59am

NEW YORK: Oil prices gained around a dollar on Friday, but global benchmarks were set for their biggest weekly...

OPEC+ seen heading for oil policy rollover, cut not ruled out

Published 02 Dec, 2022 07:11pm

LONDON/DUBAI: OPEC+ is likely to stick to its current oil output target when it meets on Sunday, two OPEC+ sources...

Oil rises as China eases Covid curbs, dollar weakens

Published 02 Dec, 2022 05:47am

NEW YORK: Oil rose about $2 a barrel on Thursday after top crude importer China eased Covid curbs in two major...

Oil prices rise, but Chinese demand worries linger

Updated 25 Nov, 2022 07:12pm

LONDON: Oil prices rose on Friday in thin market liquidity, closing a week marked by worries about Chinese demand...

Saudi, Iraqi energy ministers meet, review oil markets

Published 25 Nov, 2022 09:50am

The energy ministers of Saudi Arabia and Iraq met on Thursday and stressed the importance of adhering to OPEC+...

Oil prices settle up

Published 24 Oct, 2022 06:46am

NEW YORK: Oil prices settled up on Friday as hopes of stronger Chinese demand and a weakening US dollar outweighed...

With Iran deal looming, OPEC+ weighs oil cuts

Published 24 Aug, 2022 05:08am

DUBAI: Potential OPEC+ production cuts mooted this week by Saudi Arabia may not be imminent and are likely to...

Oil falls 3%, pressured by surprise US crude, gasoline build

Updated 03 Aug, 2022 10:49pm

HOUSTON: Oil prices slid 3% on Wednesday, with losses accelerating after US data showed crude and gasoline...

Oil up 2pc on supply worries ahead of OPEC+ meeting

Published 03 Aug, 2022 06:36am

NEW YORK: Oil futures rose about 2% on Tuesday as traders worried that this week’s meeting of OPEC+ producers may...

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 19	316.15
Diesel/Litre / Jul 19	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

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