Trends - Oil prices - Business Recorder

Oil prices

Ogra chief vows to implement ordinance in true letter & spirit

ISLAMABAD: Oil and Gas Regulatory Authority (Ogra) Chairman, Masroor Khan, has reiterated his commitments to...

Published 19 May, 2022 06:14am

Markets

Most Gulf markets rise; Dubai down

DUBAI: Most stock markets in the Gulf extended gains from the previous session to end higher on Wednesday as crude...

Published 19 May, 2022 05:29am

Markets

Oil falls 2% as US refiners ramp up output, equities retreat

HOUSTON: Oil prices reversed course and fell over 2% on Wednesday after government data showed U.S. refiners ramped...

Updated 18 May, 2022 09:47pm

Markets

Oil jumps to 7-wk high, then dips on hopes for Venezuela supply

NEW YORK: Oil prices jumped over $115 a barrel on Tuesday, their highest in about seven weeks, as the European Union...

Published 18 May, 2022 05:54am

Markets

Oil rises to 7-week high on EU’s Russian oil ban effort, demand hopes

NEW YORK: Oil prices rose to over $115 a barrel on Tuesday, their highest in about seven weeks, supported by the...

Updated 17 May, 2022 09:38pm

BR Research

Oil prices: volatile but high

While remaining on the higher band, international crude oil prices have seen some slippage in recent weeks as demand...

Published 17 May, 2022 08:14am

Markets

Most Gulf bourses in red as fears over economy grow

DUBAI: Saudi Arabia’s stock market gave up early gains to end lower on Monday, as investor sentiment struggled to...

Published 17 May, 2022 05:39am

Markets

Oil prices rise on China demand optimism, gasoline strength

NEW YORK: Oil prices rose on Monday on optimism that China would see significant demand recovery after positive ...

Published 17 May, 2022 05:39am

Markets

‘Govt’s decision to keep oil prices unchanged political move’

KARACHI: The government’s decision to keep the price of oil unchanged is a political move in the context of the...

Published 17 May, 2022 05:39am

Markets

Saudi expects 13 million bpd oil capacity by 2027: minister

MANAMA: Saudi Arabia expects to ramp up its daily oil production capacity by more than one million barrels to exceed...

Published 16 May, 2022 05:59pm

Markets

KSE-100 plunges 1.88%, closes at 15-month low

Concerns of ballooning external deficit stem from government’s decision to keep oil prices unchanged

Updated 16 May, 2022 06:20pm

Markets

Oil prices rise on China demand optimism, gasoline strength

NEW YORK: Oil prices rose on Monday on optimism that China would see significant demand recovery after positive...

Updated 16 May, 2022 10:36pm

Markets

Saudi Aramco says Q1 profits jump 82pc as oil prices surge

RIYADH: Saudi Aramco on Sunday posted an 82-percent jump in first quarter profits, buoyed by a global surge in oil...

Published 16 May, 2022 05:42am

Markets

Saudi bourse rebounds; Aramco’s profit soars 82pc in Q1

DUBAI: Saudi Arabia’s stock market rebounded on Sunday, after a sharp decline in the previous session, while the...

Published 16 May, 2022 05:42am

World

Saudi Arabia posts $15.3 billion budget surplus in Q1 as oil prices surge

Saudi Arabia posted a budget surplus of 57.49 billion riyal ($15.33 billion) in the first three months of 2022, the...

Updated 15 May, 2022 10:45pm

Pakistan

Govt rules out increasing fuel prices for the time being: Miftah Ismail

Addressing a press conference on Sunday, finance minister says he will talk to the IMF over the fuel-subsidy issue

Updated 15 May, 2022 06:07pm

Markets

OPEC authorises Iraq to increase output to 4.5mn bpd from June

Iraq's representative at OPEC said the organisation had agreed to the country increasing its output to 4.5 million...

Published 14 May, 2022 07:35pm

Markets

Oil jumps 3pc as US gasoline prices hit record

NEW YORK: Oil prices rose about 3% on Friday as US gasoline prices jumped to an all-time high and on fears supplies...

Published 14 May, 2022 04:05am

BR Research

OGDCL – profits gushing

High oil prices along with currency depreciation have been key factors of growth in the revenues of oil and gas...

Published 13 May, 2022 06:29am

Markets

Saudi Aramco becomes world’s most valuable company

SAN FRANCISCO: Saudi Aramco on Wednesday dethroned Apple as the world’s most valuable company as surging oil ...

Published 13 May, 2022 05:59am

Markets

Oil rises as supply concerns outweigh reduced demand, recession risks

NEW YORK: Oil prices rose on Thursday, reversing earlier losses, as supply concerns and geopolitical tension in...

Published 13 May, 2022 05:59am

Markets

Japan rubber futures slump

SINGAPORE: Japanese rubber futures slid to an eight-week low on Thursday, weighed down by a weaker Nikkei, while...

Published 13 May, 2022 05:59am

Markets

Palm falls over 2pc as concerns over China demand weigh

KUALA LUMPUR: Malaysian palm oil futures closed lower on Thursday, as traders awaited clarity on Indonesia’s ...

Published 13 May, 2022 05:59am

Markets

Indian shares hit two month-low

BENGALURU: Indian shares on Wednesday fell to their lowest in two months, extending losses for a fourth straight...

Published 12 May, 2022 05:40am

Markets

Oil up as Russia gas flow to Europe falls, EU Russian oil ban looms

NEW YORK: Oil prices jumped almost 5% on Wednesday after plunging nearly 10% in the previous two sessions, buoyed by...

Published 12 May, 2022 05:40am

Markets

Oil jumps as Russia gas flow to Europe falls, EU Russian oil ban looms

LONDON: Oil jumped almost 5% on Wednesday after plunging nearly 10% in the last two sessions, buoyed by supply...

Updated 11 May, 2022 08:18pm

Markets

China oil imports rebound in April

SINGAPORE: China’s crude oil imports grew nearly 7% in April from the same month a year earlier, its first rise in...

Published 11 May, 2022 04:58am

Markets

Most Gulf bourses in red in line with global shares

DUBAI: Most stock markets in the Gulf ended lower on Monday, in line with global shares as worries about higher...

Published 10 May, 2022 05:10am

Markets

Oil prices tumble over 5pc, weighed down by China lockdowns

NEW YORK: Oil prices sank over 5% on Monday alongside equities, as continued coronavirus lockdowns in China, the top...

Published 10 May, 2022 05:10am

World

Oman budget swings into surplus on oil price rise

Oman’s budget recorded a surplus of 357 million rials ($929.7 million) by the end of the first quarter, boosted by a...

Published 09 May, 2022 06:05pm

Gainers
Losers
Leaders

Stock	Price
B. F. Mod. / May 19 B.F. Modaraba(BFMOD)	6.00 ▲ 1.00 (20.00%)
Pak Gulf Leasing / May 19 Pak-Gulf Leasing Company Limited(PGLC)	6.00 ▲ 1.00 (20.00%)
Silk Bank Ltd / May 19 Silkbank Limited(SILK)	1.24 ▲ 0.16 (14.81%)
Paramount Mod / May 19 First Paramount Modaraba(FPRM)	8.00 ▲ 1.00 (14.29%)
Service Textile / May 19 Service Industries Textiles Limited(SERT)	10.90 ▲ 0.90 (9.00%)
Ruby Tex. / May 19 Ruby Textile Mills Limited(RUBY)	4.00 ▲ 0.30 (8.11%)
Aisha Steel Mill / May 19 Aisha Steel Mills Limited(ASL)	11.85 ▲ 0.86 (7.83%)
First Imrooz Mod. / May 19 First Imrooz Modaraba(FIMM)	134.38 ▲ 9.37 (7.50%)
Janana D Mal / May 19 Janana De Malucho Textile Mills Limited(JDMT)	55.04 ▲ 3.84 (7.50%)
Sapphire Textile / May 19 Sapphire Textile Mills Limited(SAPT)	1004.55 ▲ 70.05 (7.50%)

Stock	Price
East West Ins. / May 19 East West Insurance Company Limited(EWIC)	77.07 ▲ -12.49 (-13.95%)
Pak. P.V.C. / May 19 Pakistan PVC Limited(PPVC)	4.32 ▲ -0.42 (-8.86%)
Trust Mod. / May 19 Trust Modaraba(TRSM)	1.66 ▲ -0.14 (-7.78%)
Crescent Cotton / May 19 Crescent Cotton Mills Limited(CCM)	46.25 ▲ -3.75 (-7.50%)
Gatron Ind. / May 19 Gatron (Industries) Limited(GATI)	415.10 ▲ -33.65 (-7.50%)
AL-Noor Sugar / May 19 Al-Noor Sugar Mills Limited(ALNRS)	61.86 ▲ -5.01 (-7.49%)
Frontier Ceram / May 19 Frontier Ceramics Limited(FRCL)	29.60 ▲ -2.39 (-7.47%)
S.G.Power / May 19 S.G. Power Limited(SGPL)	4.45 ▲ -0.35 (-7.29%)
Imperial Limited / May 19 Imperial Limited(IML)	13.95 ▲ -1.06 (-7.06%)
Pace (Pak) Ltd. / May 19 Pace (Pakistan) Limited(PACE)	2.99 ▲ -0.22 (-6.85%)

Stock	Volume
Ghani Glo Hol / May 19 Ghani Global Holdings Limited(GGL)	15,051,376 ▼ 0.00
WorldCall Telecom / May 19 Worldcall Telecom Limited(WTL)	13,323,000 ▼ 0.00
Silk Bank Ltd / May 19 Silkbank Limited(SILK)	13,067,500 ▼ 0.00
Telecard Limited / May 19 Telecard Limited(TELE)	9,576,000 ▼ 0.00
Cnergyico PK / May 19 Cnergyico PK Limited(CNERGY)	7,490,536 ▼ 0.00
Fauji Cement / May 19 Fauji Cement Company Limited(FCCL)	6,985,000 ▼ 0.00
Unity Foods Ltd / May 19 Unity Foods Limited(UNITY)	6,435,098 ▼ 0.00
Engro Polymer / May 19 Engro Polymer & Chemicals Limited(EPCL)	5,808,622 ▼ 0.00
Pak Int.Bulk / May 19 Pakistan International Bulk Terminal(PIBTL)	5,229,500 ▼ 0.00
Pak Elektron / May 19 Pak Elektron Limited(PAEL)	5,056,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 19	199.00
USD PKR Interbank Buying / May 19	198.80
USD to Japanese Yen / May 19	128.45
USD to Swiss Franc / May 19	0.99
Pound Sterling to USD / May 19	1.23
Euro to USD / May 19	1.05
UK LIBOR % / May 19	0.82

Stock	Volume
S&P 500 / May 19	3923.68
India Sensex / May 19	54208.53
Tokyo Nikkei / May 19	26205.29
Nasdaq / May 19	11418.16
Hang Seng / May 19	20041.14
FTSE 100 / May 19	7438.09
Dow Jones / May 19	31490.07
Germany DAX 30 / May 19	14007.76
France CAC40 / May 19	6352.94

Item	Value
Crude Oil / May 19	110.10
Karachi Cotton Assoc. / May 19	21180.00
Gold 10 Grams / May 19	113300.00
Gold Spot / May 19	1815.89
Cotton / May 19	128.99

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