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oil producer

Sheikh Mohammed bin Zayed elected UAE president

DUBAI: The United Arab Emirates’ leader Sheikh Mohammed bin Zayed al-Nahyan was elected president of the Gulf Arab...

Published 14 May, 2022 03:04pm

Markets

Saudi Arabia lowers Arab Light oil price to Asia, Europe in June

JEDDAH: Saudi Arabia’s lowered the price of its Arab Light crude grade to Asia and Europe for the month of June,...

Published 09 May, 2022 05:39am

Markets

Exxon earnings hurt by Russia exit, triples buybacks on high oil prices

Exxon Mobil Corp said on Friday it doubled its first-quarter per-share profit, but the results fell short of Wall...

Published 29 Apr, 2022 08:49pm

Markets

Oil falls towards $125 as investors weigh US import ban

LONDON: Oil slipped towards $125 a barrel in volatile trading on Wednesday as investors assessed the US ban of...

Updated 09 Mar, 2022 06:07pm

Markets

Oil rises on falling US stockpiles but Iran talks weigh

LONDON: Oil prices rose on Thursday after rallying on an unexpected drop in US crude inventories in the previous...

Published 10 Feb, 2022 07:08pm

Markets

Oil down on Omicron restrictions and China fears

LONDON: Oil prices fell on Thursday after measures by some governments to slow the spread of the Omicron coronavirus...

Published 09 Dec, 2021 07:48pm

Markets

Oil climbs $2 on easing Omicron fears and Iran delay

LONDON: Oil prices rose $2 on Tuesday, extending the previous day's almost 5% rebound, as concerns over the impact ...

Published 07 Dec, 2021 05:31pm

Markets

Oil rebounds towards $72 on Omicron hopes, Iran talks

LONDON: Oil climbed by $2 a barrel towards $72 on Monday on hopes the Omicron coronavirus variant would have a less...

Published 06 Dec, 2021 06:44pm

Markets

Oil rises as OPEC+ poised to act if demand weakens

LONDON: Oil prices climbed on Friday after the producer group OPEC+ said it could review its production hike policy...

Updated 03 Dec, 2021 04:20pm

Markets

Oil rises 2% to one-week high after US taps emergency reserves

NEW YORK: Oil prices rose to a one-week high on Tuesday after a move by the United States and other consumer nations...

Updated 23 Nov, 2021 09:53pm

Markets

Oil steadies near $80 after US taps emergency reserves

LONDON: Oil prices steadied near $80 a barrel on Tuesday after the United States announced plans to release up to 50...

Published 23 Nov, 2021 06:21pm

Markets

US to release oil from reserves after OPEC+ rebuffs call for more crude

WASHINGTON: The United States said on Tuesday it would release 50 million barrels of oil from strategic reserves in ...

Published 23 Nov, 2021 05:48pm

Markets

India to release 5mn bbls oil from strategic reserves in coordination with other buyers

NEW DELHI: India will release 5 million barrels of oil from its strategic reserves in coordination with other buyers...

Published 23 Nov, 2021 05:46pm

Markets

Oil prices retreat in face of supply and demand pressures

LONDON: Oil prices fell on Monday as rising COVID-19 cases in Europe and a potential release of Japanese oil ...

Updated 22 Nov, 2021 05:32pm

Markets

Oil drops below $80 on European COVID concerns

LONDON: Oil prices dropped below $79 a barrel on Friday as a fresh surge in COVID-19 cases in Europe threatened to...

Published 19 Nov, 2021 05:46pm

Markets

Oil near six-week low as China readies crude reserve release

LONDON: Oil prices slid to six-week lows on Thursday before recovering some ground, as China said it was moving to...

Published 18 Nov, 2021 04:09pm

Markets

Oil prices slide as China readies release of crude from strategic reserves

TOKYO: Oil prices fell on Thursday, adding to an overnight plunge as China said it was moving to release reserves...

Published 18 Nov, 2021 09:48am

Markets

Oil prices head for weekly dip as dollar firms

LONDON: Oil prices fell on Friday, wiping out gains from the previous session as the dollar continued to firm on...

Published 12 Nov, 2021 05:20pm

Markets

Oil approaches $84 as lifting of US travel ban boosts demand

LONDON: Oil rose towards $84 a barrel on Tuesday, gaining for a third session, as the US lifting of travel...

Published 09 Nov, 2021 05:08pm

Markets

Oil gains after US infrastructure bill, plans to address prices

LONDON: Oil prices rose on Monday as positive signs for global economic growth supported the outlook for energy...

Published 08 Nov, 2021 06:26pm

Markets

Oil rises after OPEC+ rebuffs US call to boost output

LONDON: Oil prices rose towards $81 a barrel on Friday after OPEC+ producers rebuffed a US call to raise supply to...

Published 05 Nov, 2021 07:23pm

Markets

Oil prices rise 2% ahead of OPEC+ meeting

LONDON: Oil prices rose more than 2% on Thursday, lifted by expectations that OPEC and its allies will stick to slow...

Published 04 Nov, 2021 04:56pm

Markets

Oil falls further below $85, US inventories and OPEC+ in view

LONDON: Oil fell further below $85 a barrel on Tuesday, but it was still not far from a three-year high in choppy...

Updated 02 Nov, 2021 06:06pm

Markets

Oil rises on demand outlook, despite China fuel reserves release

LONDON: Oil prices rose sharply on Monday as expectations of strong demand and a belief that a key producer group...

Published 01 Nov, 2021 06:49pm

Markets

Oil slips towards $84, heads for weekly drop as supply concerns ease

LONDON: Oil slipped towards $84 a barrel on Friday, heading for its first weekly loss in about two months after a...

Updated 29 Oct, 2021 07:01pm

Markets

Oil drops 1% as US stockpiles sap rally

LONDON: Oil prices fell on Wednesday after industry data showed crude oil stockpiles rose more than expected and ...

Updated 27 Oct, 2021 05:36pm

Markets

Oil prices edge towards new highs on short supply

LONDON: Oil prices edged towards new multi-year highs on Tuesday, supported by a global supply shortage and strong...

Published 26 Oct, 2021 06:31pm

Markets

Oil prices extend gains to multi-year highs on tight supply

WTI touches highest since Oct 2014, Brent hits three-year high

Published 25 Oct, 2021 05:45pm

Markets

Oil prices hit a fresh three-year high, climb over $85 a barrel

Analysts point to a sharp drop in OECD oil stockpiles to their lowest level since 2015

Updated 15 Oct, 2021 07:12pm

Markets

Oil prices climb on upgrade to IEA demand forecast

LONDON: Oil prices rose by about 1% on Thursday after the International Energy Agency said that record natural gas...

Updated 14 Oct, 2021 07:11pm

Gainers
Losers
Leaders

Stock	Price
First Pak Mod. / May 20 First Pak Modaraba(PAKMI)	3.30 ▲ 0.90 (37.50%)
Prud Mod.1st / May 20 First Prudential Modaraba(PMI)	1.79 ▲ 0.18 (11.18%)
Sakrand Sugar / May 20 Sakrand Sugar Mills Limited(SKRS)	9.90 ▲ 0.86 (9.51%)
Ist.Capital Sec / May 20 First Capital Securities Corporation(FCSC)	1.64 ▲ 0.13 (8.61%)
D.S. Ind. Ltd. / May 20 D.S. Industries Limited(DSIL)	4.75 ▲ 0.35 (7.95%)
Media Times Ltd / May 20 Media Times Limited(MDTL)	2.18 ▲ 0.16 (7.92%)
Pak Engineering / May 20 Pakistan Engineering Company Limited(PECO)	279.50 ▲ 19.50 (7.50%)
Air Link Com. / May 20 Air Link Communication Limited(AIRLINK)	44.27 ▲ 3.08 (7.48%)
Universal Network / May 20 Universal Network Systems Limited(GEMUNSL)	59.00 ▲ 4.00 (7.27%)
Nagina Cot. / May 20 Nagina Cotton Mills Limited(NAGC)	92.99 ▲ 6.03 (6.93%)

Stock	Price
Ask.Gen.Insur. / May 20 Askari General Insurance Company Limited(AGIC)	18.40 ▲ -2.39 (-11.50%)
Oilboy Energy / May 20 Oilboy Energy Limited(OBOY)	10.75 ▲ -0.99 (-8.43%)
Shield Corp. / May 20 Shield Corporation Limited(SCL)	235.50 ▲ -16.50 (-6.55%)
Bilal Fibres / May 20 Bilal Fibres Limited(BILF)	2.15 ▲ -0.15 (-6.52%)
Summit Bank / May 20 Summit Bank Limited(SMBL)	2.38 ▲ -0.11 (-4.42%)
Punjab Mod / May 20 First Punjab Modaraba(FPJM)	1.75 ▲ -0.04 (-2.23%)
Pace (Pak) Ltd. / May 20 Pace (Pakistan) Limited(PACE)	2.94 ▲ -0.06 (-2.00%)
Nimir Resins / May 20 Nimir Resins Limited(NRSL)	14.75 ▲ -0.21 (-1.40%)
Aisha Steel Mill / May 20 Aisha Steel Mills Limited(ASL)	11.77 ▲ -0.14 (-1.18%)
Ferozsons (Lab) / May 20 Ferozsons Laboratories Limited(FEROZ)	260.05 ▲ -3.01 (-1.14%)

Stock	Volume
Pak Elektron / May 20 Pak Elektron Limited(PAEL)	5,544,500 ▼ 0.00
Fauji Cement / May 20 Fauji Cement Company Limited(FCCL)	5,121,000 ▼ 0.00
Waves Singer / May 20 Waves Singer Pakistan Limited(WAVES)	1,564,000 ▼ 0.00
Ghani Glo Hol / May 20 Ghani Global Holdings Limited(GGL)	937,171 ▼ 0.00
K-Electric Ltd. / May 20 K-Electric Limited(KEL)	727,500 ▼ 0.00
Fauji Foods Ltd / May 20 Fauji Foods Limited(FFL)	601,000 ▼ 0.00
Dewan Cement / May 20 Dewan Cement Limited(DCL)	541,500 ▼ 0.00
Air Link Com. / May 20 Air Link Communication Limited(AIRLINK)	344,000 ▼ 0.00
GhaniGlobalGlass / May 20 Ghani Global Glass Limited(GGGL)	322,000 ▼ 0.00
Shabbir Tiles / May 20 Shabbir Tiles & Ceramics Limited(STCL)	304,500 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 20	200.20
USD PKR Interbank Buying / May 20	199.80
USD to Japanese Yen / May 20	128.12
USD to Swiss Franc / May 20	0.97
Pound Sterling to USD / May 20	1.24
Euro to USD / May 20	1.06
UK LIBOR % / May 20	0.82

Stock	Volume
S&P 500 / May 20	3900.79
India Sensex / May 20	52792.23
Tokyo Nikkei / May 20	26673.91
Nasdaq / May 20	11388.50
Hang Seng / May 20	20581.03
FTSE 100 / May 20	7302.74
Dow Jones / May 20	31253.13
Germany DAX 30 / May 20	13882.30
France CAC40 / May 20	6272.71

Item	Value
Crude Oil / May 20	112.00
Karachi Cotton Assoc. / May 20	21180.00
Gold 10 Grams / May 20	113300.00
Gold Spot / May 20	1838.55
Cotton / May 20	128.58

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