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Oil prices

Oil rises nearly 2pc as investors size up tight market

NEW YORK: Oil prices gained almost 2% on Tuesday after the International Energy Agency said the market should expect...

Published 14 Jul, 2021 03:59am

Markets

Oil climbs on expected further draw in US crude inventories

US crude and gasoline stockpiles seen falling last week
OPEC+ yet to make progress in resolving impasse, sources say
WHO says deaths were again rising from the COVID-19 pandemic

Updated 13 Jul, 2021 10:03am

Markets

Oil prices slip as economic fears offset tightening crude supplies

NEW YORK: Oil slumped on Monday over concerns about spreading Covid-19 variants derailing the global economic...

Published 13 Jul, 2021 03:22am

Markets

Oil prices rise over 2pc as US inventories decline

NEW YORK: Oil prices rose for a second day on Friday as the market reacted to falling US inventories. Signs of...

Published 10 Jul, 2021 03:42am

Markets

Oil prices firm as US inventories decline

US oil and gasoline stocks fall as fuel demand rises.
OPEC+ impasse fuels uncertainty over global supply.
Fears of rising COVID-19 cases also weigh.

Updated 09 Jul, 2021 05:07pm

BR Research

Oil to rise on Opec failed deal

An unexpected failure at the Opec Plus much anticipated meeting was the latest excuse WTI crude oil needed to push...

Published 09 Jul, 2021 08:12am

Opinion

Supply issues and difficult oil prices

Oil prices have continued to overall significantly rise since November of last year, on the back of restricted ...

Published 09 Jul, 2021 04:25am

Markets

Oil prices rise after big draw in US crude, gasoline stocks

• Russia mediating in bid to rescue OPEC+ deal NEW YORK: Oil prices rose on Thursday, rebounding from early ...

Published 09 Jul, 2021 04:25am

Markets

Oil falls in volatile trade as investors try to make sense of OPEC spat

NEW YORK: Oil prices fell about $1 a barrel on Wednesday in another seesaw trading session, as investors feared this...

Published 08 Jul, 2021 04:22am

Markets

Oil falls in volatile trade as investors try to make sense of OPEC spat

The Organization of the Petroleum Exporting Countries and its allies including Russia, known as OPEC+, have restrained supply for more than a year since demand crashed during the coronavirus pandemic.

Published 07 Jul, 2021 11:12pm

Markets

Oil rises as tighter market eyed after OPEC+ cancels meeting

U.S. crude inventories expected to fall in weekly reports
U.S. closely monitoring OPEC+ talks, White House says
Brent near highest since 2018, WTI near highest since 2014

Published 07 Jul, 2021 05:02pm

Markets

Asian markets down on fears about recovery, China tech crackdown

Oil prices had briefly spiked Tuesday before falling after the latest talks by OPEC+ crude producers fell apart, ending negotiations on a proposal to boost crude supply

Published 07 Jul, 2021 09:31am

Oil drops sharply from multi-year highs

DUBAI: Oil prices tumbled on Tuesday in a volatile session after OPEC producers cancelled a meeting when major...

Published 07 Jul, 2021 04:28am

Markets

TSX falls as lower oil prices weigh on energy shares

The energy sector fell 3.2%, with Cenovus Energy Inc and Crescent Point Energy Corp leading the declines with a drop of 5.3% and 3.7%, respectively.
Toronto Stock Exchange's S&P/TSX composite index was down 50 points, or 0.25%, at 20,231.46.

Published 06 Jul, 2021 08:06pm

Markets

Oil prices up as OPEC+ calls off output talks

LONDON: Oil prices rose on Monday, driven higher after OPEC+ nations called off talks on output levels, meaning no...

Published 06 Jul, 2021 03:48am

OPEC+ abandons oil policy moot

DUBAI: OPEC+ ministers called off oil output talks on Monday after clashing last week when the United Arab Emirates...

Published 06 Jul, 2021 03:48am

Markets

Oil prices accelerate rise as OPEC+ calls off output talks

The Organization of the Petroleum Exporting Countries and its allies, a group known as OPEC+, agreed on record output cuts in 2020 to cope with a COVID-induced price crash.

Published 05 Jul, 2021 10:53pm

Markets

OPEC+ meeting yet to resume amid Saudi-UAE standoff

Talks carried over from last week after UAE opposition.
Deal could see 2 mln bpd added to market in stages by December.

Updated 05 Jul, 2021 07:55pm

Markets

White House worried about high oil prices; sees enough production capacity

WASHINGTON: The White House said on Friday it is concerned about the impact of rising oil prices on US consumers but...

Published 04 Jul, 2021 03:41am

Rising food prices deepen the woes of world’s poorest

PARIS: Global food prices are rising at their fastest rate in a decade, exacerbating the troubles of the world's ...

Updated 03 Jul, 2021 10:39am

Markets

Oil prices little changed as OPEC+ talks drag on

NEW YORK: Oil prices were little changed on Friday after OPEC+ ministers delayed an output policy meeting, with...

Published 03 Jul, 2021 03:19am

Markets

Oil dips after OPEC+ delays meeting on supply decision

US West Texas Intermediate (WTI) crude futures were down 10 cents at $75.13 a barrel at 0501 GMT

Published 02 Jul, 2021 10:36am

BR Research

Petroleum Levy reaches ground zero

The news channels continued the tried and tested “petrol bomb” headlines, when in fact 1.8 percent increase in...

Published 02 Jul, 2021 07:30am

Markets

Oil prices up 2pc on OPEC+ output, demand prospects

NEW YORK: Oil prices rose roughly 2% on Thursday on indications that OPEC+ producers could increase output more...

Published 02 Jul, 2021 04:20am

Markets

Oil prices up more than 1% on demand picture, OPEC+ output plan

OPEC+ to add 2mn bpd to market in August-December – source.
Cushing inventories drop to lowest since March 2020 –EIA.
Delta variant limits expectation for demand growth.

Published 01 Jul, 2021 09:47pm

Markets

Oil climbs while OPEC+ considers output increase

WTI rose more than 10% in June, Brent more than 8%.
Cushing inventories drop to lowest since March 2020 –EIA.
Brent to average $67.48/bbl; WTI $64.54 in 2021 -Reuters poll.
OPEC+ to add 2 mln bpd to market in August-December – source.

Published 01 Jul, 2021 06:46pm

Markets

Oil prices inch up ahead of OPEC+ decision on supply cuts

WTI rose more than 10% in June while Brent added over 8%, touching their highest levels since October 2018

Published 01 Jul, 2021 12:20pm

Markets

Oil rises on lower US stockpiles, demand recovery

• US crude stocks fell for the sixth straight week • OPEC to discuss extension of supply cut deal NEW YORK: ...

Published 01 Jul, 2021 04:09am

Markets

Oil rises on lower U.S. stockpiles, demand recovery

U.S. crude stockpiles fell last week for the sixth straight week as refiners ramped up output in response to rising demand, the Energy Information Administration said.

Published 01 Jul, 2021 12:03am

Markets

Oil rises on lower US stockpiles but OPEC warns of 2022 glut

US crude stockpiles fall more than 8 mln barrels.
Oil prices heading for seventh monthly gain in eight.
OPEC to discuss extension of supply cut deal-sources.

Published 30 Jun, 2021 08:08pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 26	278.58
USD PKR Interbank Buying / Apr 26	278.28
USD to Japanese Yen / Apr 26	158.33
USD to Swiss Franc / Apr 26	0.91
Pound Sterling to USD / Apr 26	1.25
Euro to USD / Apr 26	1.07

Stock	Volume
S&P 500 / Apr 26	5099.96
India Sensex / Apr 26	73730.16
Tokyo Nikkei / Apr 26	37934.76
Nasdaq / Apr 26	15927.90
Hang Seng / Apr 26	17651.15
FTSE 100 / Apr 26	8139.83
Dow Jones / Apr 26	38239.66
Germany DAX 30 / Apr 26	18161.01

Item	Value
Crude Oil USD/Barrel / Apr 26	83.85
Karachi Cotton PKR/37.32 KG / Apr 26	20535
Gold 10 Grams PKR / Apr 26	210048
Gold Spot USD/Ounce / Apr 26	2337.96
Cotton US¢/pound / Apr 26	80.90
Petrol/Litre / Apr 28	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 28 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 28 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 28 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 28 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 28 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 28 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 28 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 28 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 28 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 28 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 28 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 28 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 28 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 28 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 28 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 28 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 28 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 28 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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