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oil producer

Oil prices up 4% as supply fears mount despite record stocks release plan

Updated 11 Mar, 2026 09:53pm

Brent futures rose $3.40, or 3.9%, to $91.20 a barrel by 11:17 am EDT

Saudi Aramco seeks to reroute crude away from Strait of Hormuz, sources say

Published 03 Mar, 2026 07:49pm

Saudi Arabia produced just over 10 million bpd of crude in January

UAE and Saudi boost oil exports as US-Iran tensions mount, sources say

Published 27 Feb, 2026 07:14pm

Oil was trading above $72 a barrel on Friday and close to the highest levels since July

Oil prices stable ahead of Trump-Putin meeting in Alaska

Updated 15 Aug, 2025 04:04pm

Brent crude futures were up 49 cents, or 0.75%, at $66.12 a barrel

OPEC lifts 2026 oil demand view and trims supply growth from rivals

Published 12 Aug, 2025 06:06pm

LONDON: OPEC on Tuesday raised its forecast for global oil demand next year and trimmed its forecast for growth in...

Oil prices ease as market assesses Middle East tension

Updated 12 Jun, 2025 02:27pm

LONDON: Oil prices eased on Thursday, reversing gains made earlier in the Asian trading session, as market...

Saudi Arabia cuts July oil prices to Asia to 4-year low after OPEC+ supply boost

Published 04 Jun, 2025 08:51pm

Saudi Arabia, the world’s biggest oil exporter, cut its prices for Asian crude buyers close to the lowest level in...

Oil prices climb 2% to 2-week high on geopolitical tension concerns

Updated 03 Jun, 2025 10:15pm

LONDON: Oil edged up on Tuesday, in the face of rising geopolitical tensions as the war in Ukraine ramped up despite...

Kazakhstan’s daily oil output falls 4pc in May on lower Tengiz production

Published 03 Jun, 2025 06:14am

MOSCOW: Kazakhstan’s oil production fell 4% in May from April due to lower production from the Tengiz oilfield, ...

Oil leaps 4% after OPEC+ keeps output increase unchanged

Updated 02 Jun, 2025 08:17pm

LONDON: Oil prices jumped by about 4% on Monday after producer group OPEC+ kept output increases in July at the same...

OPEC+ may discuss oil output hike larger than 411,000 bpd for July

Published 30 May, 2025 05:32pm

LONDON/MOSCOW: OPEC+ may discuss an increase in oil output for July at its meeting on Saturday larger than the...

Saudi Aramco could soon issue Islamic bonds, prospectus shows

Published 30 May, 2025 04:29pm

DUBAI: Saudi Aramco has published a new prospectus for its issuance programme of Islamic bonds or sukuk, signalling...

OPEC+ may discuss 2027 baselines and agree July hike this week, sources say

Published 28 May, 2025 06:08pm

OPEC+ may discuss issues around its baselines for 2027 production at its meeting on Wednesday, two delegates from...

OPEC+ set to agree July oil output hike this week, sources say

Published 27 May, 2025 06:35pm

LONDON/DUBAI: OPEC+ is likely to agree to a further accelerated oil output hike for July this week, three delegates...

Saudi Aramco seeks funds through three-part bond sale

Published 27 May, 2025 04:57pm

Oil giant Saudi Aramco is seeking to raise funds through a dollar-denominated three-part bond sale, fixed income...

OPEC+ considers delay to April oil supply increases

Published 17 Feb, 2025 04:17pm

Oil producer group OPEC+ is considering pushing back a series of monthly supply increases due to begin in April...

OPEC sticks to 2025, 2026 global oil demand growth forecasts

Published 12 Feb, 2025 07:16pm

LONDON: OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying...

Russia says it fully complied with OPEC+ oil deal in January

Published 12 Feb, 2025 05:07pm

MOSCOW: Russia was in full compliance with the OPEC+ deal to restrain oil production in January and plans to do so...

US sanctions strand Iran, Russia oil on tankers, driving up crude costs

Published 12 Feb, 2025 04:14pm

SINGAPORE: The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher U.S. sanctions...

Chevron struggles to replace oil, gas reserves amid Hess deal limbo

Published 11 Feb, 2025 04:38pm

HOUSTON: Chevron’s oil and gas reserves have fallen to the lowest point in at least a decade, highlighting the...

OPEC takes long-term view of global oil markets, aims for stability

Published 11 Feb, 2025 04:28pm

NEW DELHI: Decisions from oil producer group OPEC+ take a long-term view of the global markets and are aimed at...

Oil eases on US fuel demand concerns

Updated 25 Apr, 2024 09:13pm

HOUSTON: Oil prices edged down on Thursday after slower economic growth in the first quarter added to concerns of...

Oil prices fall as US business activity cools, concerns over Middle East ease

Updated 24 Apr, 2024 09:31pm

NEW YORK: Oil prices were moderately lower on Wednesday as worries over conflict in the Middle East eased and...

Oil falls back after robust EU data as Mideast tensions linger

Updated 23 Apr, 2024 08:23pm

Oil prices slipped on Tuesday after a short-lived boost from stronger economic data out of Europe as the market...

US crude futures climb back into positive territory

Updated 22 Apr, 2024 09:07pm

HOUSTON: U.S. crude futures returned to positive territory on Monday after falling on easing fears of a wider...

Guyana rules out offering crude oil export discounts to India

Published 21 Apr, 2023 09:59pm

HOUSTON/NEW DELHI: South America’s fastest growing oil producer has turned down the Indian government’s request for...

Russia shifts to Dubai benchmark in Indian oil deal

Published 04 Apr, 2023 03:24am

NEW DELHI: Russia’s largest oil producer Rosneft and India’s top refiner Indian Oil Corp agreed to use the...

OPEC+ seen sticking with oil output policy at Feb. 1 meeting

Published 30 Jan, 2023 08:44pm

An OPEC+ panel is likely to recommend keeping the oil producer group’s current output policy unchanged when it meets...

Tullow Oil ups 2022 free cash flow outlook, Ghana tax looms

Published 25 Jan, 2023 07:26pm

LONDON: West Africa-focused oil producer Tullow Oil on Wednesday raised its 2022 free cash flow guidance to $267...

UAE and US to spur $100bn in clean energy projects

Updated 01 Nov, 2022 11:19pm

ABU DHABI: The United Arab Emirates and the United States have signed a partnership to spur $100 billion of...

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 3	278.65
USD PKR Interbank Buying / Jun 3	278.45
USD to Japanese Yen / Jun 3	159.93
USD to Swiss Franc / Jun 3	0.79
Pound Sterling to USD / Jun 3	1.34
Euro to USD / Jun 3	1.16
SOFR % / Jun 3	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
India Sensex / Jun 3	74,346.17
Tokyo Nikkei / Jun 3	68,402.13
Nasdaq / Jun 3	26,853.97
Hang Seng / Jun 3	25,633.21
FTSE 100 / Jun 3	10,332.30
Dow Jones / Jun 3	50,687.07
Germany DAX 30 / Jun 3	24,795.94
France CAC40 / Jun 3	8,150.42

Item	Value
Crude Oil USD/Barrel / Jun 3	95.34
Gold 10 Grams PKR / Jun 3	401,030
Gold Spot USD/Ounce / Jun 3	4,452.30
Cotton US¢/pound / Jun 3	80.51
Petrol/Litre / Jun 4	381.78
Diesel/Litre / Jun 4	380.78

Gainers
Losers
Leaders

Stock	Price
Wasl Mobility Mod. / Jun 3 Wasl Mobility Modaraba(WASL)	5.91 ▲ 1 (20.37%)
Gulshan Sp. / Jun 3 Gulshan Spinning Mills Limited(GSPM)	6.18 ▲ 1 (19.31%)
First AL-Noor Mod. / Jun 3 First Al-Noor Modaraba(FANM)	6.88 ▲ 1 (17.01%)
Chenab Ltd (Pref) / Jun 3 Chenab Limited (Pref)(CLCPS)	3.85 ▲ 0.44 (12.9%)
Chenab Ltd / Jun 3 Chenab Limited(CHBL)	9.61 ▲ 0.91 (10.46%)
Askari Life Assur. / Jun 3 Askari Life Assurance Company Limited(ALAC)	19.24 ▲ 1.75 (10.01%)
Dawood Equities / Jun 3 Dawood Equities Limited(DEL)	20.56 ▲ 1.87 (10.01%)
Grays Leasing / Jun 3 Grays Leasing Limited(GRYL)	20.89 ▲ 1.9 (10.01%)
Shahzad Tex. / Jun 3 Shahzad Textile Mills Limited(SZTM)	68.38 ▲ 6.22 (10.01%)
Ideal Spinning / Jun 3 Ideal Spinning Mills Limited(IDSM)	72.48 ▲ 6.59 (10%)

Stock	Price
Khairpur Sug. / Jun 3 Khairpur Sugar Mills Limited(KPUS)	2,164.61 ▼ -240.51 (-10%)
Diamond Ind. / Jun 3 Diamond Industries Limited(DIIL)	71.48 ▼ -7.9 (-9.95%)
Tri-Star Mutual / Jun 3 Tri-Star Mutual Fund Limited(TSMF)	16.88 ▼ -1.62 (-8.76%)
Power Cem(Pref) / Jun 3 Power Cement (Pref)(POWERPS)	27.79 ▼ -2.41 (-7.98%)
Paramount Mod / Jun 3 First Paramount Modaraba(FPRM)	13.90 ▼ -1.1 (-7.33%)
AN Textile Mills / Jun 3 AN Textile Mills Limited(ANTM)	30.18 ▼ -2.23 (-6.88%)
Al-Khair Gadoon / Jun 3 Al-Khair Gadoon Limited(AKGL)	52.03 ▼ -3.68 (-6.61%)
Gammon Pak / Jun 3 Gammon Pakistan Limited(GAMON)	19.23 ▼ -1.32 (-6.42%)
Burshane LPG / Jun 3 Burshane LPG (Pakistan) Limited(BPL)	56.96 ▼ -3.61 (-5.96%)
Punjab Oil / Jun 3 Punjab Oil Mills Limited(POML)	147.13 ▼ -8.47 (-5.44%)

Stock	Volume
Treet Battery / Jun 3 Treet Battery Limited(TBL)	46,642,698 ▼ -0.03
Dewan Cement / Jun 3 Dewan Cement Limited(DCL)	33,760,377 ▲ 0.4
Sitara Petroleum Service / Jun 3 Sitara Petroleum Service Limited(SPSL)	25,238,548 ▲ 0.84
Beco Steel Ltd / Jun 3 Beco Steel Limited(BECO)	23,949,474 ▲ 0.46
P.T.C.L. / Jun 3 Pakistan Telecommunication Company Ltd(PTC)	23,376,596 ▲ 0.82
TPL Corp Ltd / Jun 3 TPL Corp Limited(TPL)	17,752,841 ▲ 0.38
Cnergyico PK / Jun 3 Cnergyico PK Limited(CNERGY)	16,285,113 ▼ -0.2
WorldCall Telecom / Jun 3 Worldcall Telecom Limited(WTL)	14,753,659 ▼ -0.01
K-Electric Ltd. / Jun 3 K-Electric Limited(KEL)	13,876,959 ▼ -0.12
Mahanna Islamic Index / Jun 3 Mahanna Islamic Index Traded Fund(MIIETF)	13,316,500 ▼ -0.13

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