Trends - oil output - Business Recorder

oil output

OPEC+ discussing delay to planned oil output hike in October, sources say

LONDON: OPEC+ is discussing a delay in a planned output increase next month as oil prices hit their lowest in 9...

Published 04 Sep, 2024 05:06pm

Business & Finance

Iran plans to raise oil output to 4m barrels per day

DUBAI: Iran has approved a plan to raise its oil output to four million barrels per day, the country’s Tasnim news...

Published 27 May, 2024 05:52am

Markets

OPEC+ ministers keep oil output policy steady, sources say

LONDON/MOSCOW/DUBAI: A meeting of the top ministers of OPEC+ has kept oil output policy unchanged, three OPEC+...

Published 03 Apr, 2024 05:42pm

Business & Finance

Oil settles higher

HOUSTON: Oil prices settled higher on Monday as orders from the Russian government to curb oil output, and attacks...

Published 26 Mar, 2024 04:20am

OPEC+ members extend oil output cuts to second quarter

DUBAI: OPEC+ members led by Saudi Arabia and Russia agreed on Sunday to extend voluntary oil output cuts into the...

Updated 04 Mar, 2024 09:39am

Markets

OPEC+ members extend oil output cuts to second quarter

DUBAI: OPEC+ members led by Saudi Arabia and Russia agreed on Sunday to extend voluntary oil output cuts into the...

Published 03 Mar, 2024 09:36pm

Markets

Oil set for weekly loss despite OPEC+ output decision

LONDON: Oil prices dipped slightly on Friday despite the OPEC+ group’s decision to leave its production policy...

Updated 02 Feb, 2024 06:59pm

Markets

Nigeria aims to raise oil, condensates output to 2.6mn bpd by 2026

ABUJA: Nigeria’s upstream oil regulator on Monday announced an annual oil and condensates production target of 2.6...

Published 01 Jan, 2024 07:06pm

Business & Finance

Russia and Saudi Arabia urge OPEC+ countries to join output deal

MOSCOW: Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman have urged all OPEC+ countries...

Published 08 Dec, 2023 05:20am

Business & Finance

OPEC+ agrees to voluntary oil output cuts

LONDON/MOSCOW/DUBAI: OPEC+ oil producers on Thursday agreed to voluntary output cuts approaching 2 million barrels...

Published 01 Dec, 2023 04:43am

Markets

OPEC+ talks tough, policy rollover possible, sources say

LONDON: OPEC+ talks on oil policy are difficult, making a rollover a possibility rather than deeper production cuts...

Published 28 Nov, 2023 07:19pm

Markets

Saudi Arabia to continue voluntary 1 million bpd oil output cut for December

DUBAI: Top oil exporter Saudi Arabia will continue with its voluntary oil output cut of 1 million barrels per day...

Published 05 Nov, 2023 08:17pm

Markets

OPEC oil output rises for third month

LONDON: OPEC oil output has risen for a third straight month in October, a Reuters survey found on Tuesday, led by...

Published 01 Nov, 2023 05:57am

Markets

Saudi Arabia will extend voluntary 1 million bpd oil cut through Sept

DUBAI: Saudi Arabia will extend a voluntary oil output cut of one million barrels per day for another month to...

Published 03 Aug, 2023 06:28pm

Markets

UAE climate chair urges oil firms to slash emissions

PARIS: The Emirati oil executive chairing this year’s UN climate summit, Sultan Al Jaber, told private and national...

Published 06 Jul, 2023 04:48pm

Markets

Saudi Arabia extends extra 1 mbpd oil output cut to August

DUBAI: Saudi Arabia said on Monday it would extend its voluntary oil output cut of one million barrels per day (bpd)...

Published 03 Jul, 2023 03:31pm

Business & Finance

Chevron tops estimates with Q1 profit gain despite slide in oil prices

HOUSTON: Oil major Chevron Corp beat market expectations on Friday as profit nudged higher in the first quarter,...

Published 28 Apr, 2023 05:33pm

Business & Finance

Exxon delivers record first-quarter profit on higher output

HOUSTON: Exxon Mobil Corp on Friday reported a record first-quarter profit that was more than double a year ago and...

Published 28 Apr, 2023 05:30pm

Markets

Saudi, UAE lead Mideast oil production cut for market ‘stability’

Cuts by Saudi Arabia, the UAE and Kuwait totalling 772,000 barrels per day (bpd) will take effect from May and last for the rest of the year

Published 02 Apr, 2023 08:25pm

Markets

Novak says Russia to extend 500,000 bpd oil production cut until end of year

MOSCOW: Russia will extend a 500,000 barrels per day (bpd) oil production cut until the end of the year, Deputy...

Published 02 Apr, 2023 07:25pm

Markets

OPEC+ unlikely to tweak oil policy in Monday talks

LONDON/MOSCOW: OPEC+ is likely to stick to its existing deal to cut oil output at a meeting on Monday, five...

Published 30 Mar, 2023 06:12pm

Markets

OPEC+ likely to stick to its guns despite price slump, delegates say

LONDON/DUBAI: OPEC+ is likely to stick to its deal on output cuts of 2 million barrels per day (bpd) until the end...

Published 22 Mar, 2023 05:16pm

Markets

OPEC+ should get ‘due recognition’ for constructive role

BENGALURU: OPEC Secretary General Haitham Al Ghais said on Monday the collective decision to cut output in October...

Published 06 Feb, 2023 11:50am

Markets

China's oil demand bounce may push producers to reconsider output: IEA

BENGALURU: Oil producers may have to reconsider their output policies following a demand recovery in China, the...

Published 05 Feb, 2023 06:43pm

Markets

Russian oil output, exports stable despite sanctions

MOSCOW: Russian Deputy Prime Minister Alexander Novak said on Wednesday that the situation with oil output and...

Published 01 Feb, 2023 08:26pm

Markets

OPEC+ seen sticking with oil output policy, delegates say

LONDON/DUBAI: An OPEC+ panel is likely to recommend sticking with the oil producer group’s output policy when it...

Published 01 Feb, 2023 04:18pm

Markets

OPEC oil output falls in January led by Iraq

LONDON: OPEC oil output fell in January, a Reuters survey found on Tuesday, as Iraqi exports declined and Nigerian...

Published 31 Jan, 2023 07:44pm

Markets

OPEC+ seen sticking with oil output policy at Feb. 1 meeting

An OPEC+ panel is likely to recommend keeping the oil producer group’s current output policy unchanged when it meets...

Published 30 Jan, 2023 08:44pm

Markets

OPEC+ panel unlikely to tweak oil policy at Feb. 1 meeting, sources say

LONDON: An OPEC+ panel is likely to endorse the producer group’s current oil output policy when it meets next week,...

Published 24 Jan, 2023 05:45pm

World

Russia will not export oil subject to Western price cap, says deputy PM

MOSCOW: Russia, the world’s second largest oil exporter, will not sell oil that is subject to a Western price cap...

Published 04 Dec, 2022 07:29pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 20	277.90
USD PKR Interbank Buying / Sep 20	277.70
USD to Japanese Yen / Sep 20	142.19
USD to Swiss Franc / Sep 20	0.85
Pound Sterling to USD / Sep 20	1.33
Euro to USD / Sep 20	1.12

Stock	Volume
S&P 500 / Sep 19	5,713.64
Nasdaq / Sep 19	18,013.98
FTSE 100 / Sep 19	8,328.72
Dow Jones / Sep 19	42,025.19
Germany DAX 30 / Sep 19	19,002.38
France CAC40 / Sep 19	7,615.41
India Sensex / Sep 20	83,711.40
Tokyo Nikkei / Sep 20	37,879.54

Item	Value
Karachi Cotton PKR/37.32 KG / Sep 19	18,935
Gold 10 Grams PKR / Sep 19	230,195
Petrol/Litre / Sep 20	249.10
Crude Oil USD/Barrel / Sep 20	71.80
Gold Spot USD/Ounce / Sep 20	2,599.47
Diesel/Litre / Sep 20	249.69

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 20 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 20 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 20 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 20 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 20 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 20 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 20 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 20 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Sep 20 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Sep 20 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Sep 20 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Sep 20 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Sep 20 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Sep 20 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Sep 20 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Sep 20 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Sep 20 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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