Trends - Oil prices - Business Recorder

Oil prices

Oil prices likely to fall after Israel shows restraint in strikes on Iran

SINGAPORE/LONDON: Oil prices are expected to fall when trading resumes on Monday as Israel’s retaliatory strike on...

Updated 27 Oct, 2024 01:57pm

Markets

Oil prices up

HOUSTON: Oil prices settled higher on Friday and gained 4% on the week, with investors taking stock of the ongoing...

Published 27 Oct, 2024 02:44am

Markets

Oil set for 3% weekly gain, investors weigh Middle East risk

HOUSTON: Oil prices were on track to gain around 3% on the week as Friday’s prices ticked up, with investors taking...

Updated 25 Oct, 2024 09:43pm

Markets

Oil prices fall on uncertainty

NEW YORK: Oil prices fell by about 1% in volatile trade on Thursday on worries that slow economic growth in Europe...

Published 25 Oct, 2024 06:28am

Markets

Oil rises as Middle East war rages

NEW YORK: Oil prices rose for the second consecutive session on Tuesday, as traders downplayed hopes of a Middle ...

Updated 23 Oct, 2024 07:59am

Markets

Oil rises as Middle East war rages, traders focus on falling inventories

NEW YORK: Oil prices rose for the second consecutive session on Tuesday, as traders downplayed hopes of a Middle...

Updated 22 Oct, 2024 09:54pm

Markets

Oil prices gain 2pc, recouping some of last week’s loss

HOUSTON: Oil prices rose nearly 2 percent on Monday, recouping some of last week’s more than 7% decline, with no...

Published 22 Oct, 2024 06:33am

BR Research

POL 1QFY25 – Profits hit by exploration costs

The overall oil and gas E&P sector is expected to see a decline in profitability during 1QFY25, largely due to...

Published 21 Oct, 2024 09:15am

Markets

Oil prices fall, on track for 8% weekly decline on China demand woes

HOUSTON: Oil futures fell on Friday and were on track for a weekly drop of 8% after data showed China’s economic...

Updated 18 Oct, 2024 08:53pm

Markets

Oil prices lower

NEW YORK: Oil prices were down slightly on Thursday as investors waited on developments in the Middle East, while...

Published 18 Oct, 2024 06:10am

Markets

Oil prices hold near 2-week

NEW YORK: Oil prices held near a two-week low on Wednesday after dropping about 7% over the prior three days on...

Published 17 Oct, 2024 06:34am

Markets

Oil prices plunge 4pc

HOUSTON: Oil prices tumbled more than 4% to a near two-week low on Tuesday due to a weaker demand outlook and after ...

Published 16 Oct, 2024 06:58am

Petrol’s price remains unchanged; diesel’s hiked

ISLAMABAD: The government Tuesday increased the price of high speed diesel (HSD) up to Rs 5 per liter effective from...

Updated 16 Oct, 2024 03:43pm

Pakistan

Govt keeps petrol price unchanged, increases diesel’s by Rs5 per litre

New prices come into effect from October 16, 2024

Published 16 Oct, 2024 12:11am

BR Research

Petroleum levy target: a Rs215 billion cut

The IMF Article IV Report detailing the contours of Pakistan’s latest Extended Financing Facility (EFF) is finally...

Published 15 Oct, 2024 09:12am

Markets

Oil falls 2pc as OPEC cuts oil demand growth view, China concerns

HOUSTON: Oil prices declined about 2% on Monday, wiping out all of last week’s gains, as OPEC’s lowering of its...

Updated 15 Oct, 2024 08:43am

Markets

Oil settles down

HOUSTON: Oil prices settled lower on Friday but rose for the second straight week as investors weighed factors such...

Published 12 Oct, 2024 06:17am

Markets

Oil falls as swelling US supply counters Middle East and hurricane risks

NEW YORK: Oil fell by more than $1 a barrel on Wednesday on rising U.S. crude inventories, while the risk of supply...

Updated 09 Oct, 2024 09:40pm

BR Research

Oil prices: War premium is back

As the world holds its breath over Israel’s response to Iran’s missile attack earlier this month, the global oil...

Updated 09 Oct, 2024 12:58pm

Markets

Oil rises 3pc as ME war risk makes investors cautious

NEW YORK: Oil prices rose more than 3% on Monday, with Brent surpassing $80 per barrel for the first time since...

Published 08 Oct, 2024 06:57am

Markets

BP drops oil output reduction target in strategy reset, sources say

LONDON: BP has abandoned a target to cut oil and gas output by 2030 as CEO Murray Auchincloss scales back the firm’s...

Published 07 Oct, 2024 05:12pm

Markets

Oil rises 3% as Middle East war makes investors end bearish bets

NEW YORK: Oil prices rose more than 3% on Monday, with Brent surpassing $80 per barrel for the first time since...

Updated 07 Oct, 2024 10:10pm

BR Research

Wholesale inflation: Multiyear low

Single-digit inflation is the talk of the town, and the Wholesale Price Index (WPI) joins the race like never...

Published 07 Oct, 2024 09:09am

Markets

Malaysian palm oil surges on ME conflict

KUALA LUMPUR: Malaysian palm oil futures closed higher and recorded a weekly gain on Friday, driven by a widening...

Published 06 Oct, 2024 02:44am

Business & Finance

LCCI urges govt to take steps to help fuel economy

LAHORE: The Lahore Chamber of Commerce & Industry (LCCI) has called for measures to safeguard Pakistan’s...

Published 05 Oct, 2024 06:43am

Markets

ME conflict lifts oil prices

NEW YORK: Oil prices edged up on Wednesday on worries that the escalating conflict in the Middle East could threaten...

Published 03 Oct, 2024 06:31am

Business & Finance

OPEC+ panel sticks to output policy

LONDON/DUBAI: A meeting of top OPEC+ ministers has kept oil output policy unchanged including a plan to start ...

Published 03 Oct, 2024 06:31am

Markets

Oil prices up 1% on Middle East tensions; US crude stocks build limits gains

Brent futures up 84 cents, or 1.14%, to $74.40 per barrel

Updated 02 Oct, 2024 09:32pm

Markets

Big oil’s big payouts under strain

LONDON: Major energy companies are set to borrow billions to maintain shareholder payouts or cut the rate of share...

Published 02 Oct, 2024 06:19am

Markets

Oil prices rise on Mideast conflict

NEW YORK: Oil prices rose on Monday on fears of a widening conflict in the Middle East curtailing Iranian crude...

Published 01 Oct, 2024 06:49am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 25	277.66
USD PKR Interbank Buying / Oct 25	277.46
USD to Japanese Yen / Oct 25	152.31
USD to Swiss Franc / Oct 25	0.87
Pound Sterling to USD / Oct 25	1.30
Euro to USD / Oct 25	1.08

Stock	Volume
S&P 500 / Oct 25	5,808.12
India Sensex / Oct 25	79,402.29
Tokyo Nikkei / Oct 25	37,913.92
Nasdaq / Oct 25	18,518.61
Hang Seng / Oct 25	20,590.15
FTSE 100 / Oct 25	8,248.84
Dow Jones / Oct 25	42,114.40
Germany DAX 30 / Oct 25	19,463.59

Item	Value
Crude Oil USD/Barrel / Oct 25	71.78
Gold 10 Grams PKR / Oct 25	245,031.60
Gold Spot USD/Ounce / Oct 25	2,747.56
Cotton US¢/pound / Oct 25	70.66
Karachi Cotton PKR/37.32 KG / Oct 26	17,885
Petrol/Litre / Oct 27	247.03

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Oct 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Oct 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Oct 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Oct 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Oct 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Oct 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Oct 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Oct 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Oct 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Oct 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Oct 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Oct 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Oct 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Oct 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Oct 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Oct 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Oct 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Oct 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Oct 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Oct 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Oct 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Oct 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Oct 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Oct 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Oct 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Oct 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Oct 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Budget 2024-25: income tax calculator for FY25

Oil prices

Most Popular