Topic

oil supply

World oil market is returning to surplus as Gulf exports recover, IEA says

Published 13 Nov, 2026 04:51pm

IEA confirms global oil supplies now exceed demand, signaling a market rebalancing for the first time since the war in Iran, reversing earlier deficit forecasts

Oil prices mixed

Updated 14 Oct, 2026 05:24am

NEW YORK: Oil prices were mixed on Tuesday as hopes the US-Russia diesel deal could free up more supplies from...

Sisi, MBS call for free navigation in the Red Sea

Published 16 Sep, 2026 05:59am

SANAA: Saudi Arabia and Egypt’s leaders called on Tuesday for free navigation in the Red Sea, after Riyadh vowed a...

Saudi pipeline outage threatens loss of 4% of global oil supply

Published 13 Sep, 2026 06:29pm

Kingdom has stocks in ports for 5-7 days to maintain oil exports, sources say

IEA warns 2026 oil supply gap will widen

Published 12 Sep, 2026 05:46am

LONDON: Global oil supply and demand look set to fall further than previously expected this year, the International...

Oil settles 1pc higher

Published 03 Sep, 2026 05:39am

HOUSTON: Brent crude prices settled 1 percent higher in a volatile session on Wednesday, driven by renewed military...

Grains, oil exports via the Black Sea disrupted by attacks

Published 06 Aug, 2026 04:55am

LONDON: A surge in attacks on ships, ports and export terminals in the Black Sea is disrupting global supplies of...

Oil smuggling: a dangerous parallel market

Updated 26 May, 2026 07:27am

EDITORIAL: The surge in Iranian oil smuggling into Pakistan during the ongoing Middle East conflict has exposed...

Vessels carrying ME oil, LNG exit Hormuz, head for Pakistan, China

Published 26 May, 2026 04:53am

SINGAPORE: Two liquefied natural gas tankers are exiting the Strait of Hormuz on Monday, heading to Pakistan and...

Oil market could hit ‘red zone’ in July-August: IEA

Updated 22 May, 2026 06:38am

LONDON: The start of peak summer fuel demand combined with the lack of new oil exports from the Middle East and...

Dar takes stock of energy situation

Updated 05 May, 2026 07:56am

ISLAMABAD: Deputy Prime Minister and Foreign Minister (DPM/FM) Senator Mohammad Ishaq Dar on Monday chaired a...

Inexplicable decline in inflation

Updated 28 Apr, 2026 05:03pm

EDITORIAL: Sensitive Price Index (SPI) comprising 51 essential items from 50 markets in 17 cities for the week...

Govt to finalise targeted petroleum subsidy framework

Updated 28 Mar, 2026 08:30am

ISLAMABAD: The government is set to finalise a targeted subsidy framework for petroleum products, leveraging...

President reviews economic situation

Published 27 Mar, 2026 06:40am

ISLAMABAD: President Asif Ali Zardari on Thursday chaired a high-level consultative meeting at Aiwan-e-Sadr to...

PSO & Oman Trading discuss provision of additional oil cargoes

Published 27 Mar, 2026 06:40am

ISLAMABAD: Pakistan State Oil (PSO) and Oman Trading International are engaged in constructive discussions to...

War, oil and the constraint

Published 26 Mar, 2026 05:00am

Currency markets appear to have paused, but not without reason. The dollar index has edged higher toward the 99...

Oil prices drop 4% as US proposes 15-point plan to Iran for peace

Updated 25 Mar, 2026 08:38pm

Brent futures fell 3.96, or 3.8%, to $100.53 a barrel
U.S. WTI crude fell $3.57, or 3.9%, to $88.78.

Oil rises as supply disruption persists

Published 25 Mar, 2026 02:12am

NEW YORK: Oil rallied on Tuesday as the biggest crude supply disruption persisted and Iran denied it held talks with...

Brent crude oil price jumps after attack on Iran’s South Pars field

Updated 18 Mar, 2026 08:55pm

Brent futures were up $4.53, or 4.4%, at $107.95 a barrel by 1321 GMT on Wednesday

Moscow ready to supply discounted oil to Pakistan: envoy

Updated 18 Mar, 2026 09:54am

ISLAMABAD: Russia Ambassador to Pakistan, Albert Khorev, on Tuesday said that Moscow is ready to supply discounted...

Need for diversifying oil supply sources stressed

Updated 17 Mar, 2026 09:45am

ISLAMABAD: The Cabinet Committee constituted to monitor petrol prices on Monday emphasised the importance of further...

Oil prices slide 3pc

Published 17 Mar, 2026 05:57am

NEW YORK: Oil prices slid about 3 percent on Monday after some vessels sailed through the critical Strait of Hormuz,...

Middle East oil benchmarks hit record highs as war cuts supply

Published 16 Mar, 2026 05:37pm

Middle East crude exports to Asia fell to 11.665 million barrels per day (bpd) in March

Oil prices mixed amid attacks on Gulf export facilities

Updated 16 Mar, 2026 06:31pm

Brent crude futures were up 16 cents to $103.30 a barrel
US West Texas Intermediate crude was down $1.50

A ‘black swan’ oil moment? – II

Updated 16 Mar, 2026 05:57am

Moreover, while the Business Recorder (BR) editorial, published on March 10, supports government’s move of raising...

Oil steadies as Iran supply fears ease and Greenland moves into spotlight

Updated 19 Jan, 2026 09:04pm

Brent crude was down 32 cents at $63.81

OPINION: How improving the oil supply chain can save Pakistan millions of dollars

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 13	276.80 ▼ -0.01
USD PKR Interbank Buying / Nov 13	276.60 ▼ -0.01
USD to Japanese Yen / Nov 13	159.71 ▼ -0.21
USD to Swiss Franc / Nov 13	0.84 ▲ 0.003
Pound Sterling to USD / Nov 13	1.32 ▼ -0.0022
Euro to USD / Nov 13	1.10 ▼ -0.0036
SOFR % / Nov 12	3.90 ▲ 0.01

Stock	Volume
S&P 500 / Nov 13	7,561.67
India Sensex / Nov 13	81,592.45
Tokyo Nikkei / Nov 13	61,142.35
Nasdaq / Nov 13	25,136.27
Hang Seng / Nov 13	23,637.60
FTSE 100 / Nov 13	10,902.56
Dow Jones / Nov 13	52,347.55
Germany DAX 30 / Nov 13	26,749.95
France CAC40 / Nov 13	8,368.91

Item	Value
Petrol/Litre / Nov 15	330
Diesel/Litre / Nov 15	360
Crude Oil USD/Barrel / Nov 13	88.56
Karachi Cotton PKR/37.32 KG / Nov 13	18,080
Gold 10 Grams PKR / Nov 13	352,911
Gold Spot USD/Ounce / Nov 13	3,884.49
Cotton US¢/pound / Nov 13	82.61

Gainers
Losers
Leaders

Stock	Price
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	6.07 ▲ 1 (19.72%)
Dewan Sugar / Nov 13 Dewan Sugar Mills Limited(DWSM)	8.77 ▲ 1 (12.87%)
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	2.64 ▲ 0.28 (11.86%)
Shabbir Tiles / Nov 13 Shabbir Tiles & Ceramics Limited(STCL)	10.10 ▲ 1 (10.99%)
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	1.38 ▲ 0.13 (10.4%)
Pervez Ahmed Consultancy / Nov 13 Pervez Ahmed Consultancy Services Ltd.(PASL)	12.06 ▲ 1.1 (10.04%)
Unicap Modaraba / Nov 13 Unicap Modaraba(UCAPM)	22.84 ▲ 2.08 (10.02%)
Leather Up Ltd. / Nov 13 Leather Up Limited(LEUL)	82.90 ▲ 7.54 (10.01%)
Ningbo Green Light / Nov 13 Ningbo Green Light Energy Limited(NGLEL)	16.48 ▲ 1.5 (10.01%)
Zuma Resources / Nov 13 Zuma Resources Limited(ZUMA)	33.75 ▲ 3.07 (10.01%)

Stock	Price
Arpak Int. / Nov 13 Arpak International Investments Ltd.(ARPAK)	124.84 ▼ -13.87 (-10%)
First AL-Noor Mod. / Nov 13 First Al-Noor Modaraba(FANM)	12.64 ▼ -1.36 (-9.71%)
Shadman Cotton / Nov 13 Shadman Cotton Mills Limited(SHCM)	69.87 ▼ -6.73 (-8.79%)
Fateh Sports / Nov 13 Fateh Sports Wear Limited(FSWL)	193.60 ▼ -16.58 (-7.89%)
Asim Textile / Nov 13 Asim Textile Mills Limited(ASTM)	62.73 ▼ -4.34 (-6.47%)
D.M. Corporation / Nov 13 D.M. Corporation Limited(DMC)	151.06 ▼ -9.64 (-6%)
Bhanero Textile / Nov 13 Bhanero Textile Mills Limited(BHAT)	1,207.41 ▼ -76.42 (-5.95%)
Hira Textile / Nov 13 Hira Textile Mills Limited(HIRAT)	4.01 ▼ -0.24 (-5.65%)
J.A.Textile / Nov 13 J.A. Textile Mills Limited(JATM)	73.72 ▼ -4.26 (-5.46%)
AN Textile Mills / Nov 13 AN Textile Mills Limited(ANTM)	58.55 ▼ -3.21 (-5.2%)

Stock	Volume
WorldCall Telecom / Nov 13 Worldcall Telecom Limited(WTL)	303,195,710 ▲ 0.13
Kohinoor Spinning / Nov 13 Kohinoor Spinning Mills Limited(KOSM)	59,505,118 ▲ 0.34
LSE Financial Serv. / Nov 13 LSE Financial Services Limited(LSEFSL)	46,791,082 ▲ 0.28
Dost Steels Ltd. / Nov 13 Dost Steels Limited(DSL)	43,180,738 ▲ 0.37
TPL Properties / Nov 13 TPL Properties Limited(TPLP)	32,746,701 ▲ 0.48
Tasdeeq Info. Serv. / Nov 13 Tasdeeq Information Services Limited(TISL)	27,571,943 ▲ 0.05
F. Nat.Equities / Nov 13 First National Equities Limited(FNEL)	24,996,122 ▲ 0.01
Yousuf Weaving / Nov 13 Yousaf Weaving Mills Limited(YOUW)	24,965,743 ▲ 1
Cnergyico PK / Nov 13 Cnergyico PK Limited(CNERGY)	22,527,745 ▲ 0.14
Dar-es-Salaam / Nov 13 Dar-es-Salaam Textile Mills Limited(DSML)	21,467,835 ▲ 0.82

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