Trends - Oil prices - Business Recorder

Oil prices

Oil prices steady as lockdowns curb US stimulus optimism

US lawmakers to debate massive stimulus package.
China reports rise in new coronavirus cases.
Indonesia seizes Iran-flagged vessel over fuel transfer.
Libya guards halt exports in pay dispute.

Published 25 Jan, 2021 05:57pm

Markets

Oil prices fall

LONDON: Oil prices fell on Friday, retreating further from 11-month highs hit last week, weighed down by worries ...

Published 23 Jan, 2021 03:56am

Pakistan

Passing oil prices impact unavoidable to avert further debt burden: PM

He said the devaluation of rupee impacted the prices of petroleum products, pulses, ghee and other imported items raising the inflation rate.

Published 22 Jan, 2021 11:49pm

Markets

Asian markets step back from stimulus-driven record highs

The greenback's recent slide has been led by investors ploughing money into higher-yielding currencies on optimism about a rapid economic recovery led by massive US stimulus.

Published 22 Jan, 2021 11:37am

Markets

Oil dips after unexpected build in US crude stockpiles

NEW YORK: Oil prices slipped on Thursday after industry data showed a surprise increase in US crude inventories that...

Published 22 Jan, 2021 04:47am

Markets

Oil prices up

NEW YORK: Oil rose on Wednesday on expectations that US President Joe Biden’s administration will deliver massive...

Published 21 Jan, 2021 04:23am

World

'Act big' now to save economy, worry about debt later, Yellen says in Treasury testimony

She also received the endorsement of all former Treasury secretaries, from George Schultz to Jack Lew, who urged senators in a letter to swiftly confirm Yellen's nomination.

Published 20 Jan, 2021 12:09pm

Markets

Oil prices climb

• IEA cuts 2021 oil demand outlook, but sees upturn in H2 NEW YORK: Oil prices climbed with US stock markets on...

Published 20 Jan, 2021 04:29am

Markets

European stocks slip

MILAN/FRANKFURT: European stocks inched lower on Monday as French retailer Carrefour tumbled after ending 16.2...

Published 19 Jan, 2021 04:22am

Markets

World oil prices fall slightly

LONDON: Oil prices fell slightly on Monday as a stronger dollar, fears over soaring COVID-19 cases around the world...

Published 19 Jan, 2021 04:22am

Business & Finance

Russian rouble slumps

MOSCOW: The rouble slumped on Monday, dragged down by weak oil prices and as investors weighed the risk of new...

Published 19 Jan, 2021 04:22am

Markets

Oil slips on coronavirus fears, strong dollar

Brent crude was down 23 cents, or 0.4pc, at $54.87 per barrel at 1720 GMT, and West Texas Intermediate U.S. crude fell 19 cents, or 0.4pc, to $52.17.

Published 19 Jan, 2021 12:39am

Markets

Oil mixed as Chinese data offsets coronavirus fears

China's economy picked up in fourth quarter.
Libyan oil output cut by 200,000 bpd.
Stronger dollar weighs on prices.

Published 18 Jan, 2021 04:44pm

Markets

Oil drops 1% as rising coronavirus cases end supply-led rally

"Shale producers have indicated they will continue to keep their spending under control," ANZ Research said in a note. "The economics also don't favour a surge in drilling, with half of the industry still uneconomical."

Published 18 Jan, 2021 11:53am

Markets

Dollar rises despite drop in yields; data, lockdowns weigh on stocks

Stocks fell but remained close to recent record highs, with investors also digesting the prospect of rising taxes to pay for the plan.

Published 16 Jan, 2021 12:49am

Markets

Oil drops over 2pc on China lockdowns, U.S. stimulus concerns

Both benchmarks, which hit their highest in nearly a year earlier in the week, were are heading for their first weekly declines in three weeks.

Published 16 Jan, 2021 12:37am

Markets

Oil mixed as Chinese lockdowns raise demand questions

Across the wider Asian region, "refining margins remain abysmal and regional floating storage is higher than month-ago levels," RBC said.

Published 15 Jan, 2021 11:21am

BR Research

E&P sector’s charm fading?

From flattish oil and gas levels to declining volumes, production by the E&P companies have been running dry in...

Published 15 Jan, 2021 07:35am

Markets

Oil falls as pandemic fuel demand threat faces U.S. crude drawdown

Brent crude prices were down 46 cents at $56.12 a barrel by 12:43 p.m. EST (1743). An earlier rise took prices as high as $57.42 a barrel, the strongest since Feb. 24.

Published 13 Jan, 2021 11:55pm

Markets

Oil prices extend gains after US inventory drop

Crude inventories in the US dropped by 5.8 million barrels last week to around 484.5 million barrels, data from the American Petroleum Institute showed late on Tuesday.

Published 13 Jan, 2021 11:03am

Markets

Oil prices dip on rising virus cases; expected stock draw stems losses

US crude oil stockpiles likely fell for a fifth straight week, while refined products inventories were seen up last week, a preliminary Reuters poll showed on Monday.

Published 12 Jan, 2021 12:34pm

Markets

Oil falls on renewed lockdowns, stronger dollar

China's Hebei sees most COVID-19 cases since July
Most of Europe now under the strictest curbs
Dollar gains on US stimulus hopes.

Published 11 Jan, 2021 05:41pm

Markets

Oil set for weekly gain on Saudi output cut pledge

Brent, WTI set for weekly gains of more than 6%.
Rally in global equities also feeds appetite for risk.
Latest global lockdowns delay fuel demand recovery.

Published 08 Jan, 2021 07:23pm

Markets

Oil set for weekly gain on Saudi output cut pledge

Brent, WTI set for weekly gains of about 6%.
Rally in global equities also feeds appetite for risk.
Latest global lockdowns delay fuel demand recovery.

Published 08 Jan, 2021 05:53pm

Markets

Oil touches fresh 11-month highs, shrugging off unrest in Washington

Brent crude rose 28 cents to $54.58 a barrel by 11:35 a.m. EST (1635 GMT) after touching $54.90, a fresh high not seen since before the first COVID-19 lockdowns in the West.

Published 07 Jan, 2021 11:59pm

Markets

Oil extends gains after surprise Saudi output cut

Saudi move 'reflects signs of weakening demand' -Goldman Sachs.
OPEC output rises in December - Reuters survey.
US crude inventories fell 1.7 mln bbl in week to Jan. 1 –API.
US EIA inventory data due at 1530 GMT.

Published 06 Jan, 2021 08:35pm

Markets

Oil extends gains after surprise Saudi output cut

Saudi move 'reflects signs of weakening demand' -Goldman Sachs.
US crude inventories fell 1.7 mln bbl in week to Jan. 1 –API.

Published 06 Jan, 2021 05:06pm

Markets

Oil prices jump 5pc on OPEC+ output talks, Iran tension

Two sources from OPEC+ producers said Saudi Arabia would cut output by more than 400,000 barrels per day (bpd) in the next two months on top of its existing cuts.

Published 06 Jan, 2021 12:26am

Markets

TSX rises on boost from energy stocks

The energy sector rose 2.6% as US crude prices were up 2.6% a barrel, while Brent crude added 2.0%.
Oil prices rose on Tuesday as tension simmered following Iran's seizure of a South Korean vessel.

Published 05 Jan, 2021 08:34pm

Markets

Oil prices up $1 on OPEC output cut talks, Iran tension

OPEC+ to resume talks on February output on Tuesday.
Iran seizes S. Korean-flagged chemical tanker.
UK to begin tougher lockdowns, chilling demand.

Published 05 Jan, 2021 07:18pm

Gainers
Losers
Leaders

Stock	Price
First Punjab Mod. / Jan 26 First Punjab Modaraba(FPJM)	2.70 ▲ 0.20 (14.89%)
Ghani Auto Ind. / Jan 26 Ghani Automobile Industries Limited(GAIL)	6.80 ▲ 0.69 (13.33%)
Habib Ins. / Jan 26 Habib Insurance Company Limited(HICL)	8.50 ▲ 0.69 (13.18%)
Bawany Air / Jan 26 Bawany Air Products Limited(BAPL)	22.38 ▲ 1.89 (11.34%)
Unicap Mod. / Jan 26 Unicap Modaraba(UCAPM)	1.10 ▼ -0.01 (10.00%)
Hi-Tech Lubricants / Jan 26 Hi-Tech Lubricants Limited(HTL)	60.28 ▲ 7.55 (9.66%)
Pak Datacom Ltd / Jan 26 Pak Datacom Limited(PAKD)	113.50 ▲ 4.58 (9.03%)
Fazal Cloth / Jan 26 Fazal Cloth Mills Limited(FZCM)	229.68 ▲ 30.92 (7.50%)
Dewan Sugar / Jan 26 Dewan Sugar Mills Limited(DWSM)	3.03 ▼ -0.10 (6.32%)
B.R.R. Mod. / Jan 26 B.R.R. Guardian Modaraba(BRR)	14.00 ▲ 0.46 (5.98%)

Stock	Price
Hala Enterpries / Jan 26 Hala Enterprises Limited(HAEL)	10.81 ▼ 0.97 (-11.76%)
Saritow Sp. / Jan 26 Saritow Spinning Mills Limited(SSML)	9.90 ▼ 0.86 (-11.61%)
Grays Leas. / Jan 26 Grays Leasing Limited(GRYL)	5.17 ▼ 0.69 (-10.86%)
PICIC Insurance / Jan 26 PICIC Insurance Limited(PIL)	1.38 ▼ 0.11 (-9.80%)
First Pak Modaraba / Jan 26 First Pak Modaraba(PAKMI)	2.12 ▼ 0.27 (-9.40%)
First Prud Mod. / Jan 26 First Prudential Modaraba(PMI)	2.10 ▼ 0.35 (-8.70%)
Altern Energy / Jan 26 Altern Energy Limited(ALTN)	27.25 ▼ 1.75 (-8.40%)
Summit Bank / Jan 26 Summit Bank Limited(SMBL)	1.83 ▼ 0.14 (-8.04%)
Saudi Pak Leas. / Jan 26 Saudi Pak Leasing Company Limited(SPLC)	1.74 ▼ 0.25 (-7.94%)
Khurshid Spinng / Jan 26 Khurshid Spinning Mills Limited(KHSM)	19.86 ▼ 0.00 (-7.46%)

Stock	Volume
TRG Pak. / Jan 26 TRG Pakistan Limited(TRG)	29,686,000 ▼ 8.01
K-Electric Ltd / Jan 26 K-Electric Limited(KEL)	25,544,000 ▼ 0.11
Invest Cap. Bank / Jan 26 Invest Capital Investment Bank Limited(ICIBL)	17,052,500 ▼ 0.87
Unity Foods / Jan 26 Unity Foods Limited(UNITY)	16,920,978 ▼ 1.02
Fauji Foods / Jan 26 Fauji Foods Limited(FFL)	15,931,500 ▼ 0.35
Fauji Fert. Bin / Jan 26 Fauji Fertilizer Bin Qasim Limited(FFBL)	12,716,500 ▼ 1.75
Pak Int.Bulk Ter / Jan 26 Pakistan International Bulk Terminal Limited(PIBTL)	10,876,500 ▼ 0.31
Hum Network / Jan 26 Hum Network Limited(HUMNL)	10,747,500 ▼ 0.17
Aisha Steel / Jan 26 Aisha Steel Mills Limited(ASL)	9,137,500 ▼ 1.32
Jahangir Sid. Co. / Jan 26 Jahangir Siddiqui & Co. Ltd.(JSCL)	8,165,000 ▼ 0.75

Markets →

Forex
World
Econ

Currency	Rate
USD PKR Interbank Selling / Jan 26	160.85
USD PKR Interbank Buying / Jan 26	160.75
USD to Japanese Yen / Jan 26	103.78
USD to Swiss Franc / Jan 26	0.89
Pound Sterling to USD / Jan 26	1.37
Euro to USD / Jan 26	1.21

Stock	Volume
S&P 500 / Jan 26	3842.69
India Sensex / Jan 26	48347.59
Tokyo Nikkei / Jan 26	28822.29
Nasdaq / Jan 26	13577.42
Hang Seng / Jan 26	30159.01
FTSE 100 / Jan 26	6638.85
Dow Jones / Jan 26	30870.85
Germany DAX 30 / Jan 26	13643.95
France CAC40 / Jan 26	5472.36

Indicator	Value
UK LIBOR % / Jan 26	0.09

Oil prices

Oil prices steady as lockdowns curb US stimulus optimism

Oil prices fall

Passing oil prices impact unavoidable to avert further debt burden: PM

Asian markets step back from stimulus-driven record highs

Oil dips after unexpected build in US crude stockpiles

Oil prices up

'Act big' now to save economy, worry about debt later, Yellen says in Treasury testimony

Oil prices climb

European stocks slip

World oil prices fall slightly

Russian rouble slumps

Oil slips on coronavirus fears, strong dollar

Oil mixed as Chinese data offsets coronavirus fears

Oil drops 1% as rising coronavirus cases end supply-led rally

Dollar rises despite drop in yields; data, lockdowns weigh on stocks

Oil drops over 2pc on China lockdowns, U.S. stimulus concerns

Oil mixed as Chinese lockdowns raise demand questions

E&P sector’s charm fading?

Oil falls as pandemic fuel demand threat faces U.S. crude drawdown

Oil prices extend gains after US inventory drop

Oil prices dip on rising virus cases; expected stock draw stems losses

Oil falls on renewed lockdowns, stronger dollar

Oil set for weekly gain on Saudi output cut pledge

Oil set for weekly gain on Saudi output cut pledge

Oil touches fresh 11-month highs, shrugging off unrest in Washington

Oil extends gains after surprise Saudi output cut

Oil extends gains after surprise Saudi output cut

Oil prices jump 5pc on OPEC+ output talks, Iran tension

TSX rises on boost from energy stocks

Oil prices up $1 on OPEC output cut talks, Iran tension

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