Trends - oil price - Business Recorder

oil price

Oil price outlook: 50-50

As international oil price posted first weekly loss in eight weeks, murmurs of Brent and WTI having peaked have...

Published 23 Jun, 2022 10:02am

Markets

Rupee sheds 0.78% against US dollar owing to drop in forex reserves

Increase in global oil prices creates panic in currency market

Updated 10 Jun, 2022 08:43pm

Editorials

Oil industry’s desperate SOS call

EDITORIAL: The oil industry could not possibly have faced a bigger crisis at the moment than international banks...

Published 04 Jun, 2022 04:18am

Markets

Rupee's winning streak against US dollar comes to an end amid negative economic developments

Currency appreciated for five successive sessions in inter-bank market before losing value on Friday

Updated 03 Jun, 2022 08:15pm

Markets

Brent oil may retest resistance at $122.38

SINGAPORE: Brent oil may retest a resistance at $122.38 per barrel, a break above could lead to a gain to...

Published 31 May, 2022 10:11am

Business & Finance

Oil price hike: experts say OMCs’ cash flows will improve

KARACHI: The government’s decision to increase petroleum products’ prices is likely to improve cash flows of Oil...

Published 28 May, 2022 05:11am

Markets

Oil hedge funds caught between sanctions, recession

LONDON: Portfolio investors have left their petroleum positions essentially unchanged for the last nine weeks as ...

Published 18 May, 2022 05:54am

Markets

Rupee closes at 194.18 against USD, cumulative depreciation in one month hits 6.5%

Lack of clarity on economic policy and falling foreign exchange reserves as well as dollar's strength have contributed to currency's decline

Updated 16 May, 2022 07:43pm

Markets

US oil dips below $100 a barrel on economic worries, strong dollar

HOUSTON: The US crude oil price dipped below $100 a barrel on Tuesday to its lowest level in two weeks as the demand...

Published 11 May, 2022 04:58am

Markets

Rupee depreciates to record low against US dollar

Currency closes at 188.66 after a day-on-day fall of 0.6%
Lack of clarity on IMF programme and falling foreign exchange reserves weigh on market sentiment

Updated 10 May, 2022 06:23pm

Markets

Saudi Arabia lowers Arab Light oil price to Asia, Europe in June

JEDDAH: Saudi Arabia’s lowered the price of its Arab Light crude grade to Asia and Europe for the month of June,...

Published 09 May, 2022 05:39am

Markets

Rupee falls another 0.5% against US dollar as market opens after Eid break

Closes at 186.63 on Friday as clarity awaited on IMF programme

Updated 06 May, 2022 10:03pm

Pakistan

PM greets nation on Eid-ul-Fitr

ISLAMABAD: Prime Minister Shehbaz Sharif while extending greetings to the nation on Eid-ul-Fitr, urged the ...

Published 03 May, 2022 03:47am

Markets

Back to losses: Rupee depreciates 0.23% against US dollar

Closes near 186 in inter-bank market on Thursday

Updated 28 Apr, 2022 05:41pm

Markets

Oil slumps over 5pc to near $100/bbl on Shanghai lockdowns

NEW YORK: Oil slumped over 5 percent on Monday to its lowest in two weeks on growing worries about the global energy...

Published 26 Apr, 2022 05:20am

Markets

Oil slips nearly 1pc on broader demand concerns

NEW YORK: Oil slipped nearly 1% on Wednesday, extending losses for a second day, as broader concerns about economic...

Published 21 Apr, 2022 05:26am

BR Research

Remittances holding up

Remittances for March 2022 touched the highest ever monthly level of $2.8 billion. This is an increase of over 28...

Published 15 Apr, 2022 06:16am

Markets

Rupee continues to enjoy upward ride, appreciates for fifth consecutive session

Closes at 181.69 against US dollar in inter-bank market on Thursday

Updated 14 Apr, 2022 05:38pm

Markets

Third successive gain: Rupee's appreciation run against US dollar continues

Appreciates to 182.02 in inter-bank market on Tuesday

Updated 12 Apr, 2022 05:01pm

Business & Finance

Engagement with IMF ‘remains strong’, says Dr Baqir

State Bank of Pakistan governor says goal is to complete the work that is necessary to draw the remaining $3 billion from the Washington-based lender

Updated 11 Apr, 2022 05:38pm

Markets

Amid low volume, KSE-100 inches higher

Despite political uncertainty and worrying economic indicators, the KSE-100 managed to end over the 44,000-point...

Published 06 Apr, 2022 05:57pm

Markets

Record weakness: Rupee crosses 185 level amid political upheaval

Widening trade deficit, falling foreign exchange reserves add to negative market sentiment

Updated 05 Apr, 2022 04:40pm

Markets

Oil jumps 2pc as deaths near Kyiv prompt talk of new sanctions

NEW YORK: Oil jumped about 2% on Monday, with investors worried about tighter supply as mounting civilian deaths in...

Published 05 Apr, 2022 05:38am

Markets

Rupee continues its losing streak, falls another 0.16%

Hits new record low of 182.64 against US dollar in inter-bank market on Wednesday

Updated 30 Mar, 2022 07:58pm

BR Research

Oil price: All eyes on Opec+ again

The volatility in international crude oil market continues unabated. Every week is an event, sending markets into...

Published 29 Mar, 2022 08:10am

Markets

Oil rebounds after reports of fire at Aramco oil facility

NEW YORK: Oil prices turned positive on Friday after reports of a missile strike and a fire at Saudi Arabia’s...

Published 26 Mar, 2022 04:13am

Markets

US refiners turn to Middle East for fuel oil after Russia import ban

HOUSTON: US refiners have begun snapping up fuel oil cargoes from the Middle East this month after US President Joe...

Published 25 Mar, 2022 05:47am

Markets

Japanese shares rise on oil price drop, gains in Chinese stocks

TOKYO: Japanese shares ended higher for a third straight session on Wednesday, tracking overnight Wall Street gains,...

Published 17 Mar, 2022 04:53am

Markets

Oil holds near $100 as Ukraine talks, demand concerns limit gains

Oil steadied above $100 a barrel in a volatile session on Wednesday, as it came under pressure from signs of...

Published 16 Mar, 2022 06:34pm

Markets

India in talks to buy discounted Russian oil

NEW DELHI: India is exploring options for buying Russian crude oil, authorities said Tuesday, with prices there...

Published 15 Mar, 2022 06:46pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 25	278.52
USD PKR Interbank Buying / Apr 25	278.32
USD to Japanese Yen / Apr 25	155.60
USD to Swiss Franc / Apr 25	0.91
Pound Sterling to USD / Apr 25	1.25
Euro to USD / Apr 25	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
Nasdaq / Apr 24	15712.75
Dow Jones / Apr 24	38460.92
India Sensex / Apr 25	73780.80
Tokyo Nikkei / Apr 25	37628.48
Hang Seng / Apr 25	17264.90
FTSE 100 / Apr 25	8077.84
Germany DAX 30 / Apr 25	17994.97

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Petrol/Litre / Apr 25	293.94
Crude Oil USD/Barrel / Apr 25	83.02
Gold Spot USD/Ounce / Apr 25	2325.45
Diesel/Litre / Apr 25	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

oil price

Most Popular