Trends - oil rates - Business Recorder

oil rates

Oil prices fall on expectations

NEW YORK: Oil prices plunged around 2% on Friday, on expectations that supply disruptions in the US Gulf of Mexico...

Published 14 Aug, 2022 05:46am

Markets

Oil up 2pc on supply worries ahead of OPEC+ meeting

NEW YORK: Oil futures rose about 2% on Tuesday as traders worried that this week’s meeting of OPEC+ producers may...

Published 03 Aug, 2022 06:36am

Markets

Oil prices, solid earnings boost major Gulf markets; Abu Dhabi retreats

DUBAI: Most major Gulf stock markets ended higher on Thursday buoyed by rising oil prices and solid corporate...

Published 29 Jul, 2022 06:14am

Markets

Oil rises as risk appetite improves, but recessionary fears loom

NEW YORK: Oil prices edged higher in choppy trade on Thursday, buoyed by improved risk appetite among investors as...

Updated 28 Jul, 2022 09:07pm

Markets

Oil rises on US inventory drop, Russian gas cuts

LONDON: Oil rose by $2 a barrel on Wednesday as a report of lower inventories in the United States and cuts in...

Published 28 Jul, 2022 04:41am

Markets

Oil refining margins collapse in Asia, cheaper crude needed

LAUNCESTON, (Australia): Refining margins in Asia have collapsed in recent weeks, leaving refiners on the precipice...

Published 27 Jul, 2022 05:23am

Markets

Oil rises as dollar strength eases, but Fed weighs

HOUSTON: Oil prices rose over 1% on Monday, bolstered by supply fears, a dip in the US dollar and stronger equity...

Published 26 Jul, 2022 04:31am

Markets

Oil prices rise 1pc on supply concerns after price cap on Russian oil

HOUSTON: Oil prices rose more than 1% on Friday after Russia said it won’t supply crude to countries that decide ...

Published 23 Jul, 2022 04:10am

Markets

Asia’s gasoline margin flips to discount, inventories rise

NEW DELHI: Asia’s gasoline margin collapsed to August 2020 levels on Friday, posting a loss of over 102% amid ...

Published 23 Jul, 2022 04:10am

Markets

Oil slumps on gasoline stockpiles, rate hikes and resuming supply

NEW YORK: Oil prices were down about $3 a barrel on Thursday on higher US gasoline stockpiles and after a European...

Published 22 Jul, 2022 06:07am

Markets

Oil mixed after US stock build, big inflation figure

NEW YORK: Oil prices were little changed on Wednesday after US oil inventories rose and after US inflation figures...

Published 14 Jul, 2022 05:00am

Markets

Brent crude settles below $100/bbl on higher dollar, weak demand outlook

HOUSTON: Global benchmark Brent crude tumbled $7 on Tuesday to settle below $100 a barrel for the first time in ...

Published 13 Jul, 2022 05:48am

Markets

Oil rises 2pc but set for weekly loss amid recession fears

NEW YORK: Oil prices rose about 2% in volatile trade on Friday but were still heading for a weekly decline as ...

Published 09 Jul, 2022 03:57am

Markets

HSFO crack slides to 30-month low on steady supply

SINGAPORE: The crack for high sulphur fuel oil (HSFO) fell to 30-month lows on Tuesday as steady supply arrivals...

Published 06 Jul, 2022 05:35am

Markets

Oil rises as tight supply trumps recession fears

• Brent and US crude both gain • OPEC’s June output missed target • Strike in Norway could cut output...

Published 05 Jul, 2022 05:19am

Markets

Norway oil and gas workers to strike on Tuesday, cutting output

OSLO: Norwegian offshore workers will likely go on strike on Tuesday in a stoppage that will cut oil and gas output...

Published 05 Jul, 2022 05:19am

Markets

Oil up about $2/bbl as supply outages outweigh recession fears

NEW YORK: Oil prices rose about $2 a barrel on Friday, recouping most of the previous session’s declines, as ...

Published 02 Jul, 2022 04:10am

Markets

Oil rises over 2pc, but still set for weekly drop on recession fears

NEW YORK: Oil rose by more than 2% on Friday supported by tight supply, although crude was heading for a second...

Published 25 Jun, 2022 04:42am

Markets

Oil slumps 7pc to four-week low on recession worries, strong dollar

NEW YORK: Oil prices tumbled about 7% to a four-week low on Friday on worries that interest rate hikes by major...

Published 18 Jun, 2022 06:00am

Markets

Oil steady as economic worries offset tightening of supplies

NEW YORK: Oil prices were steady in a seesaw session on Tuesday as worries about economic growth offset supply...

Published 08 Jun, 2022 06:19am

Markets

Oil price rise boosts Saudi index; Abu Dhabi extends losses

DUBAI: Saudi Arabian shares outperformed other Gulf markets to close higher on Monday after the kingdom hiked prices...

Published 07 Jun, 2022 05:47am

Markets

Oil edges higher as supply still seen tight after OPEC+ hike

LONDON: Oil edged higher on Friday, supported by expectations that OPEC’s decision to increase production targets...

Published 04 Jun, 2022 04:18am

Markets

Oil extends bull run as EU agrees to ban most Russian oil

HOUSTON: Oil prices extended a bull run on Tuesday after the European Union agreed to a partial and phased ban on...

Published 01 Jun, 2022 05:53am

Markets

Oil edges higher on tight supply, rising US refining activity

NEW YORK: Oil prices rose slightly on Wednesday, buoyed by tight supplies and as US refiners drove processing...

Published 26 May, 2022 05:26am

Business & Finance

Canadian dollar pulls back

TORONTO: The Canadian dollar edged lower against its US counterpart on Tuesday as equity markets globally gave back...

Published 25 May, 2022 04:40am

Markets

Oil steadies as recession worry offsets higher demand outlook

HOUSTON: Oil prices were little changed on Monday, as worries over a possible recession offset an outlook for higher...

Published 24 May, 2022 05:35am

Markets

Oil steadies as economic growth worries counter supply risks

NEW YORK: Oil prices steadied on Friday, setting them on course for little change on the week, as a planned European...

Published 21 May, 2022 04:34am

Markets

Oil hedge funds caught between sanctions, recession

LONDON: Portfolio investors have left their petroleum positions essentially unchanged for the last nine weeks as ...

Published 18 May, 2022 05:54am

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

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

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Aug 18 786 Investments Limited(786)	5.07 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Aug 18 Al-Abbas Sugar Mills Limited(AABS)	294.00 ▼ 0.00 (0.00%)
Agro Allianz / Aug 18 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Aug 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Aug 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Aug 18 Allied Bank Limited(ABL)	69.40 ▼ 0.00 (0.00%)
Abbott Lab. / Aug 18 Abbott Laboratories (Pakistan) Limited(ABOT)	619.56 ▼ 0.00 (0.00%)
Abson Ind. / Aug 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Aug 18 Alfalah Consumer Index ETF.(ACIETF)	8.40 ▼ 0.00 (0.00%)
Attock Cement / Aug 18 Attock Cement Pakistan Limited(ACPL)	78.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Aug 18 786 Investments Limited(786)	5.07 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Aug 18 Al-Abbas Sugar Mills Limited(AABS)	294.00 ▼ 0.00 (0.00%)
Agro Allianz / Aug 18 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / Aug 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Aug 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Aug 18 Allied Bank Limited(ABL)	69.40 ▼ 0.00 (0.00%)
Abbott Lab. / Aug 18 Abbott Laboratories (Pakistan) Limited(ABOT)	619.56 ▼ 0.00 (0.00%)
Abson Ind. / Aug 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Aug 18 Alfalah Consumer Index ETF.(ACIETF)	8.40 ▼ 0.00 (0.00%)
Attock Cement / Aug 18 Attock Cement Pakistan Limited(ACPL)	78.43 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Aug 17	215.90
USD PKR Interbank Buying / Aug 17	214.90
USD to Japanese Yen / Aug 17	134.93
USD to Swiss Franc / Aug 17	0.95
Pound Sterling to USD / Aug 17	1.21
Euro to USD / Aug 17	1.02
UK LIBOR % / Aug 17	2.32

Stock	Volume
S&P 500 / Aug 17	4274.04
India Sensex / Aug 17	60260.13
Tokyo Nikkei / Aug 17	28956.39
Nasdaq / Aug 17	12938.12
Hang Seng / Aug 17	19991.94
FTSE 100 / Aug 17	7515.75
Dow Jones / Aug 17	33980.32
Germany DAX 30 / Aug 17	13626.71
France CAC40 / Aug 17	6528.32

Item	Value
Crude Oil USD/Barrel / Aug 17	87.95
Karachi Cotton PKR/37.32 KG / Aug 17	19735.00
Gold 10 Grams PKR / Aug 17	121900.00
Gold Spot USD/Ounce / Aug 17	1766.43
Cotton US¢/pound / Aug 17	114.60

oil rates

Most Popular Articles