Topic

Oil Well

OGDCL announces successful revival of production from Chak No 2-2 Well

Published 04 Apr, 2025 05:22am

ISLAMABAD: OGDCL announced the successful revival of production from Chak # 2-2 Well, a joint venture located in the...

OGDCL revives heavy oil well

Published 17 Dec, 2024 06:47am

ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL) has successfully revived a heavy oil well in the...

US oil may test $64.55; no sign of end to drop

Published 02 Dec, 2021 12:51pm

SINGAPORE: US oil may test a support at $64.55 per barrel, a break below could cause a fall to the range of $62.54 ...

Oil prices rise

Published 13 Apr, 2021 04:31am

NEW YORK: Oil prices rose on Monday on optimism over the pace of coronavirus vaccinations in the United States and...

Brent oil may retest support at $67.33

Published 17 Mar, 2021 11:44am

This consolidation could be classified as a pullback towards a pivotal level of $66.29, the 100% projection level of an upward wave C from $35.74.

Oil hits highest in a year on growth hopes, OPEC+ cuts

Published 05 Feb, 2021 05:46pm

Brent hits highest since February 2020.
OPEC+ maintains policy aimed at tightening supply.
US crude stockpiles fall to lowest since March.

Brent oil may slide more to $54.07

Published 18 Jan, 2021 12:02pm

Resistance is at $55.21, a break above could lead to a gain into $55.58-$56.17 range.

Brent oil may revisit Jan 13 high of $57.42

Published 15 Jan, 2021 11:44am

On the daily chart, the correction is classified as a pullback towards a former resistance at $54.62, now a support. The pullback may have completed.

Brent oil may fall into $55.21-$55.58 range

Published 14 Jan, 2021 12:08pm

On the daily chart, the correction is classified as a pullback towards a former resistance at $54.62, now a support. Wave pattern suggests the progress of a powerful wave C, which is capable of travelling to $66.29, its 100% projection level.

Oil steadies as US inventory fall tempers demand woes

Published 13 Jan, 2021 06:43pm

Brent crude prices were down 4 cents at $56.54 a barrel.
The next milestone for Brent prices is a rise above $60, a level not seen since late January 2020.

Brent oil may rise to $53.13

Published 04 Jan, 2021 10:20am

The contract is poised to test a key resistance at $54.62, a break above which could open the way towards $59.08.

US oil may test support at $47.49

Published 21 Dec, 2020 09:56am

It is hard to categorise the current drop, which is tentatively regarded as a correction against the rise from $45.69.

Two small Iraqi oil wells set ablaze in 'terrorist attack', ministry says

Published 09 Dec, 2020 06:24pm

The Oil Ministry gave no further details about the assailants behind the explosive devices that targeted the wells in Khabbaz oilfield, 20 km (12 miles) southwest of Kirkuk.
The field produces about 25,000 barrels per day, oil officials said.

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 4	278.62
USD PKR Interbank Buying / Jun 4	278.42
USD to Japanese Yen / Jun 4	159.92
USD to Swiss Franc / Jun 4	0.79
Pound Sterling to USD / Jun 4	1.34
Euro to USD / Jun 4	1.16
SOFR % / Jun 4	3.63

Stock	Volume
S&P 500 / Jun 3	7,553.68
Nasdaq / Jun 3	26,853.97
Dow Jones / Jun 3	50,687.07
India Sensex / Jun 4	74,289.24
Tokyo Nikkei / Jun 4	67,399.25
Hang Seng / Jun 4	25,221.79
FTSE 100 / Jun 4	10,349.70
Germany DAX 30 / Jun 4	24,899.30
France CAC40 / Jun 4	8,185.81

Item	Value
Crude Oil USD/Barrel / Jun 4	95.52
Gold 10 Grams PKR / Jun 4	402,335
Gold Spot USD/Ounce / Jun 4	4,475.32
Cotton US¢/pound / Jun 4	80.34
Petrol/Litre / Jun 5	381.78
Diesel/Litre / Jun 5	380.78

Gainers
Losers
Leaders

Stock	Price
First Dawood Prop. / Jun 4 First Dawood Properties Limited(FDPL)	5.19 ▲ 0.62 (13.57%)
Azgard Nine (Non-Voti) / Jun 4 Azgard Nine (Non-Voti)(ANLNV)	8.40 ▲ 0.97 (13.06%)
Escorts Bank / Jun 4 Escorts Investment Bank Limited(ESBL)	13.59 ▲ 1.24 (10.04%)
First IBL Mod. / Jun 4 First IBL Modaraba(FIBLM)	11.41 ▲ 1.04 (10.03%)
Ruby Textile / Jun 4 Ruby Textile Mills Limited(RUBY)	18.67 ▲ 1.7 (10.02%)
Tri-Star Power / Jun 4 Tri-Star Power Limited(TSPL)	15.38 ▲ 1.4 (10.01%)
Ansari Sug. / Jun 4 Ansari Sugar Mills Limited(ANSM)	15.72 ▲ 1.43 (10.01%)
Grays Leasing / Jun 4 Grays Leasing Limited(GRYL)	22.98 ▲ 2.09 (10%)
Ideal Spinning / Jun 4 Ideal Spinning Mills Limited(IDSM)	79.73 ▲ 7.25 (10%)
Kohat Textile / Jun 4 Kohat Textile Mills Limited(KOHTM)	90.73 ▲ 8.25 (10%)

Stock	Price
Crescent Cotton / Jun 4 Crescent Cotton Mills Limited(CCM)	36.91 ▼ -2.69 (-6.79%)
Ghazi Fabrics / Jun 4 Ghazi Fabrics International Limited(GFIL)	32 ▼ -2.25 (-6.57%)
Shams Textile / Jun 4 Shams Textile Mills Limited(STML)	39.03 ▼ -2.58 (-6.2%)
Aisha Steel(ConPS) / Jun 4 Aisha Steel(ConPS)(ASLPS)	28.06 ▼ -1.72 (-5.78%)
Ashfaq Textile / Jun 4 Ashfaq Textile Mills Limited(ASHT)	33.25 ▼ -1.89 (-5.38%)
Mughal Energy / Jun 4 Mughal Energy Limited(GEM)(GEMMEL)	21.30 ▼ -1.18 (-5.25%)
Shadman Cotton / Jun 4 Shadman Cotton Mills Limited(SHCM)	47.43 ▼ -2.45 (-4.91%)
Premier Sugar / Jun 4 The Premier Sugar Mills(PMRS)	423.01 ▼ -20.78 (-4.68%)
Gulistan Sp. / Jun 4 Gulistan Spinning Mills Limited(GUSM)	7.06 ▼ -0.32 (-4.34%)
First AL-Noor Mod. / Jun 4 First Al-Noor Modaraba(FANM)	6.60 ▼ -0.28 (-4.07%)

Stock	Volume
Beco Steel Ltd / Jun 4 Beco Steel Limited(BECO)	112,742,147 ▲ 0.26
Pak Int.Bulk / Jun 4 Pakistan International Bulk Terminal(PIBTL)	32,085,063 ▲ 0.65
WorldCall Telecom / Jun 4 Worldcall Telecom Limited(WTL)	30,602,865 ▼ -0.01
Hascol Petrol / Jun 4 Hascol Petroleum Limited(HASCOL)	29,547,446 ▲ 0.88
TPL Properties / Jun 4 TPL Properties Limited(TPLP)	22,915,829 ▲ 0.56
P.T.C.L. / Jun 4 Pakistan Telecommunication Company Ltd(PTC)	21,952,752 ▲ 2.38
Dewan Cement / Jun 4 Dewan Cement Limited(DCL)	21,604,812 ▲ 0.03
Kohinoor Spinning / Jun 4 Kohinoor Spinning Mills Limited(KOSM)	20,173,269 ▼ -0.13
Maple Leaf Cement / Jun 4 Maple Leaf Cement Factory Limited(MLCF)	18,998,070 ▲ 1.39
B.O.Punjab / Jun 4 The Bank of Punjab(BOP)	18,802,886 ▲ 0.24

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