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Oil prices

Oil rallies past 8-month high on US crude inventory drop, vaccine hopes

Brent crude rose 80 cents, or 1.7%, at $48.66 a barrel by 12:57 p.m. ET (1757 GMT), adding to a 4% gain the previous session.
Both benchmarks rose for a fourth straight session, to the highest since early March.

Published 26 Nov, 2020 12:30am

Business & Finance

Oil prices rally further on vaccine optimism despite inventory rise

Brent crude was up 54 cents, or 1.1%, at $48.40 a barrel by 0247 GMT, having risen almost 4% in the previous session. West Texas Intermediate crude gained 47 cents, or 1.1%, to $45.38 a barrel, after rising more than 4% on Tuesday.

Published 25 Nov, 2020 10:10am

Markets

Oil hits highest level since March on vaccine trials, Biden transition

Biden transition given formal nod.
OPEC experts meet ahead of next week's ministerial gathering.
US crude stocks seen up 127,000 bbls last week – poll.

Published 25 Nov, 2020 12:14am

Business & Finance

Oil holds near three-month highs as vaccines stoke demand recovery hopes

Brent crude futures rose 3 cents, or 0.1%, to $46.09 a barrel by 0113 GMT, while U.S. West Texas Intermediate crude added 11 cents, or 0.3%, to $43.17 a barrel. Both benchmarks settled up about 2% on Monday after gaining about 5% last week.

Published 24 Nov, 2020 10:16am

Markets

Oil prices rise on back of COVID vaccine news

Brent crude rose 94 cents to $45.90 a barrel by 0913 GMT while U.S. West Texas Intermediate crude gained 76 cents to $43.18 a barrel. Both benchmarks jumped 5pc last week.

Published 23 Nov, 2020 05:53pm

Business & Finance

Oil prices extend gains on COVID vaccine hopes

Sentiment was also bolstered by hopes that the Organization of the Petroleum Exporting Countries (OPEC), Russia and other producers, a group known as OPEC+, will keep crude output in check.

Published 23 Nov, 2020 10:32am

Markets

Oil set for third week of gains on vaccine hopes

Brent, WTI both up over 4% in the week.
Market eyes OPEC+ meeting at month-end.
Discussions on more US COVID-19 relief support prices.
US oil, gas rig count falls for first week in 10 -Baker Hughes.

Published 21 Nov, 2020 12:48am

Markets

Oil prices mixed as surging COVID-19 cases outweigh vaccine optimism

US crude stocks rise less than expected.
Distillate inventories plunge –EIA.
Shutdowns mount as global COVID-19 cases surge.
Pfizer says its COVID-19 vaccine is 95% effective.

Published 19 Nov, 2020 05:12pm

Markets

Oil falls back on tightening restrictions despite OPEC+ hopes

OPEC+ panel sees weaker oil demand in 2021, document shows.
Producers weigh oil cut extension.
Moderna vaccine news adds further boost to prices.

Published 17 Nov, 2020 06:18pm

Business & Finance

Oil prices edge higher ahead of OPEC+ meeting, vaccine hopes

Brent crude futures for January rose 16 cents, or 0.4%, to $43.98 a barrel by 0104 GMT and U.S. West Texas Intermediate crude for December added 13 cents, or 0.3%, to $41.47 a barrel.

Published 17 Nov, 2020 10:31am

Markets

Oil moves higher on latest COVID-19 vaccine progress

Moderna Inc says vaccine 94.5% effective on Covid-19.
OPEC+ compliance rate in Oct seen at 101%, sources say.
Libya output tops 1.2 million bpd, source says.
China crude throughput hits record in Oct, data shows.

Published 16 Nov, 2020 06:55pm

Business & Finance

Oil climbs higher on China, Japan rebound, hopes of OPEC+ supply curb

Figures showing a rebound in the world’s second and third largest economies, China and Japan, also supported prices, along with data that Chinese refineries processed the most crude ever in October on a daily basis.

Published 16 Nov, 2020 11:18am

Markets

Oil falls on coronavirus surge but on track for weekly gain

Vaccine unlikely to boost oil demand until well into 2021 –IEA.
Higher US crude stocks add to pressure.
Brent, WTI on track for second weekly gain.

Published 13 Nov, 2020 05:24pm

Markets

Oil steady as IEA cast doubt on quick demand recovery

IEA: Demand unlikely to get vaccine boost until later in 2021.
Lockdowns in Europe still a major concern.
OPEC+ considering extension of production cuts.

Published 12 Nov, 2020 05:48pm

Markets

Oil gains as vaccine hopes outweigh lockdown impact

Lockdowns would hurt demand but vaccine brings hope
Saudi Arabia says OPEC+ could hold back supply increase.

Published 10 Nov, 2020 07:39pm

Markets

Oil jumps on vaccine hopes and OPEC+ supply signals

Pfizer says its COVID-19 vaccine is more than 90% effective.
Saudi oil minister says OPEC+ output deal could be tweaked.
China's October crude imports slip 12% from September –data.

Published 09 Nov, 2020 07:26pm

Markets

Oil rises as Biden wins, OPEC+ signals deal can be tweaked

Joe Biden clinches US presidency.
Saudi oil minister: OPEC+ output deal could be tweaked.
China crude imports slip 12% in Oct vs Sept –data.

Published 09 Nov, 2020 06:13pm

Markets

Oil falls as virus cases rise, US vote count continues

Biden gains ground on Trump in Georgia and Pennsylvania.
Coronavirus cases hit record in Italy, surge in US.
Brent heading for 6% gain this week.

Published 06 Nov, 2020 07:55pm

Business & Finance

Oil down 1% as U.S. dollar firms on bets of split White House, Senate

U.S. West Texas Intermediate (WTI) crude futures fell 40 cents, or 1%, to $38.75 a barrel at 0141 GMT, while Brent crude futures dropped 41 cents, or 1%, to $40.82 a barrel. Both contracts had jumped around 4% on Wednesday.

Published 05 Nov, 2020 10:19am

Markets

Oil rises after Trump falsely claims victory in tight US election

A victory by Trump is viewed as bullish for oil because of sanctions on Iran and his support for Saudi-led OPEC oil cuts to support prices.
West Texas Intermediate was up $0.94 cents, or 2.44%, at $38.60 a barrel.

Published 04 Nov, 2020 05:44pm

Business & Finance

U.S. crude stocks drop sharply in latest week: API

Crude inventories fell by 8 million barrels in the week to Oct. 30 to about 487 million barrels, compared with analysts’ expectations in a Reuters poll for a build of 890,000 barrels.

Published 04 Nov, 2020 10:15am

Markets

Oil prices extend rally on US election day

Prices rally as financial markets recover.
Possible extension of oil output curbs supports prices.
Rising Libyan output weighs.

Published 03 Nov, 2020 09:05pm

Business & Finance

Oil falls as COVID-19 cases soar, Libya output jumps

U.S. West Texas Intermediate (WTI) crude futures slipped 6 cents, or 0.2%, to $36.75 a barrel at 0159 GMT, while Brent crude futures fell 15 cents, or 0.4%, to $38.82.

Published 03 Nov, 2020 10:14am

Markets

Oil drops as lockdowns widen and US election looms

Coronavirus lockdown measures widen in Europe
OPEC output up for fourth month in October, survey shows
Oil pares losses after Chinese and Japanese data (Updates prices,

Published 02 Nov, 2020 05:14pm

Markets

Oil extends losses with 6pc slump on renewed lockdowns

Renewed restrictions in France and Germany threaten demand.
Libya oil production rises to 680,000 bpd.
Hurricane Zeta impact on oil output to be short-lived.

Published 29 Oct, 2020 07:03pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 30	278.40
USD PKR Interbank Buying / Apr 30	278.20
USD to Japanese Yen / May 1	157.86
USD to Swiss Franc / May 1	0.92
Pound Sterling to USD / May 1	1.25
Euro to USD / May 1	1.07

Stock	Volume
S&P 500 / Apr 30	5035.69
India Sensex / Apr 30	74482.78
Nasdaq / Apr 30	15657.82
Hang Seng / Apr 30	17763.03
Dow Jones / Apr 30	37815.92
Germany DAX 30 / Apr 30	17932.17
France CAC40 / Apr 30	7984.93
Tokyo Nikkei / May 1	38274.05

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 30	20535
Gold 10 Grams PKR / Apr 30	207390
Petrol/Litre / May 1	288.49
Crude Oil USD/Barrel / May 1	81.12
Gold Spot USD/Ounce / May 1	2288.39
Diesel/Litre / May 1	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 1 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 1 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 1 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 1 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 1 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 1 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 1 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 1 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 1 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 1 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 1 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 1 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 1 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 1 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 1 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 1 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 1 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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