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oil output

Oil jumps 10% on Iran conflict and could spike to $100 a barrel, analysts say

Published 01 Mar, 2026 08:57pm

While military attacks are themselves supportive for oil prices, key factor here is closing of Strait of Hormuz, says Ajay Parmar

OPEC+ may consider larger oil output boost

Updated 01 Mar, 2026 02:10pm

LONDON/MOSCOW: OPEC+ may consider a larger than planned output increase on Sunday, two sources close to talks said,...

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 ...

OPEC+ to consider 137,000 bpd oil output increase for April, sources say

Published 25 Feb, 2026 10:38pm

Resumption would allow OPEC leader Saudi Arabia and fellow members, such as the UAE, to regain market share

OPEC+ leans towards resumption in oil output increases from April, sources say

Published 13 Feb, 2026 05:16pm

Eight OPEC+ producers - Saudi Arabia, Russia, the United Arab Emirates, Kazakhstan, Kuwait, Iraq, Algeria and Oman – meet on March 1

Kazakhstan says oil output at Tengiz oilfield resumed

Published 31 Jan, 2026 01:16pm

Chevron owns 50%, Exxon Mobil 25%, Kazakhstan’s KazMunayGas 20% and Russia’s Lukoil 5%

OPEC+ to keep oil output steady despite turmoil among members, sources say

Published 04 Jan, 2026 06:02pm

OPEC agreed in November to pause output hikes for January, February and March

OPEC+ holds 2026 group-wide oil output steady, agrees capacity mechanism

Published 30 Nov, 2025 09:20pm

The meeting of OPEC+ comes during a fresh US effort to broker a Russia-Ukraine peace deal

OPEC+ set to hold oil output policy steady on Sunday, sources say

Published 29 Nov, 2025 09:34pm

LONDON/MOSCOW: OPEC+ is likely to leave oil output levels for the first quarter of 2026 unchanged at its meetings on...

OPEC+ restrains output rises for now

Published 08 Oct, 2025 05:59am

LONDON: OPEC+ oil-producing countries opted for only a modest rise to November output due to concerns about a...

OPEC+ agrees further oil output boost

Published 08 Sep, 2025 05:59am

LONDON/MOSCOW/ BAGHDAD: OPEC+ has agreed to further raise oil production from October as its leader Saudi Arabia...

RLNG import glut: Pakistan oil, gas production hit over two-decade low in FY25

Published 15 Aug, 2025 08:01pm

KARACHI: Pakistan’s oil and gas production hit over two-decade low in the financial year 2024-25 (FY25), with oil...

Oil steadies near three-week high on signs of tighter supply

Updated 14 Jul, 2025 09:56pm

LONDON: Oil prices steadied on Monday, holding close to their highest level in three weeks, as investors eyed...

OPEC+ speeds up oil output hikes, adds 548,000 bpd in August

Published 05 Jul, 2025 03:26pm

LONDON: OPEC+ agreed on Saturday to raise production by 548,000 barrels per day in August, further accelerating...

OPEC+ set to make another accelerated oil output hike on Saturday, sources say

Published 04 Jul, 2025 04:35pm

LONDON: Eight OPEC+ countries are likely to make another accelerated oil output increase for August at a meeting on...

Oil prices ease as market assesses Middle East tension

Updated 12 Jun, 2025 02:27pm

LONDON: Oil prices eased on Thursday, reversing gains made earlier in the Asian trading session, as market...

Saudi Arabia cuts July oil prices to Asia to 4-year low after OPEC+ supply boost

Published 04 Jun, 2025 08:51pm

Saudi Arabia, the world’s biggest oil exporter, cut its prices for Asian crude buyers close to the lowest level in...

Oil prices climb 2% to 2-week high on geopolitical tension concerns

Updated 03 Jun, 2025 10:15pm

LONDON: Oil edged up on Tuesday, in the face of rising geopolitical tensions as the war in Ukraine ramped up despite...

Goldman Sachs sees OPEC+ raising oil output by 0.41 mb/d in August

Published 02 Jun, 2025 11:21am

Goldman Sachs anticipates the eight country OPEC+ oil group will implement a final 0.41 million barrels per day...

OPEC+ agrees further accelerated oil output hike for July

Updated 31 May, 2025 06:42pm

LONDON/MOSCOW: OPEC+ agreed on Saturday to hike July oil output by 411,000 barrels per day (bpd), the same as in May...

OPEC+ may discuss oil output hike larger than 411,000 bpd for July

Published 30 May, 2025 05:32pm

LONDON/MOSCOW: OPEC+ may discuss an increase in oil output for July at its meeting on Saturday larger than the...

OPEC+ may discuss 2027 baselines and agree July hike this week, sources say

Published 28 May, 2025 06:08pm

OPEC+ may discuss issues around its baselines for 2027 production at its meeting on Wednesday, two delegates from...

OPEC+ set to agree July oil output hike this week, sources say

Published 27 May, 2025 06:35pm

LONDON/DUBAI: OPEC+ is likely to agree to a further accelerated oil output hike for July this week, three delegates...

OPEC+ countries to open the oil taps despite price slump

Updated 03 May, 2025 07:02pm

VIENNA: Eight OPEC+ member countries on Saturday announced a sharp increase in oil production for the month of June...

OPEC+ panel stresses compliance after surprise oil output hike

Updated 05 Apr, 2025 07:23pm

LONDON: Top OPEC+ ministers stressed the need for full compliance with oil output targets and plans to compensate...

Russia’s Gazprom Neft ready to raise oil output under OPEC+ deal, CEO says

Published 18 Mar, 2025 04:30pm

MOSCOW: Gazprom Neft is ready to raise oil output from April under the OPEC+ agreement, the head of the Russian oil...

OPEC+ likely to stick to oil output hike plan: sources

Published 03 Feb, 2025 04:56pm

LONDON: OPEC+ is likely to adhere to current plans to raise output gradually from April when a panel of top...

OPEC+ delays oil output hike until April, extends cuts into 2026

Published 06 Dec, 2024 06:58am

LONDON/MOSCOW/ DUBAI: OPEC+ on Thursday pushed back the start of oil output rises by three months until April and...

Russia’s oil output at 9m bpd as promised to OPEC+

Published 07 Nov, 2024 07:59am

SOCHI: Russia will stick to its commitments to the OPEC+ group of leading oil producers and has reached its promised...

Oil gains over 2% after OPEC+ delays output hike, US election in focus

Updated 04 Nov, 2024 06:43pm

Oil prices rose more than 2% on Monday on a decision by OPEC+ to delay by a month plans to increase output, while...

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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	159.91
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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