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 / Jul 20	278.15
USD PKR Interbank Buying / Jul 20	277.95
USD to Japanese Yen / Jul 21	162.52
USD to Swiss Franc / Jul 21	0.81
Pound Sterling to USD / Jul 21	1.34
Euro to USD / Jul 21	1.14
SOFR % / Jul 20	3.62

Stock	Volume
S&P 500 / Jul 20	7,443.28
Nasdaq / Jul 20	25,508.07
Dow Jones / Jul 20	51,839.26
India Sensex / Jul 21	77,478.67
Tokyo Nikkei / Jul 21	65,077.32
Hang Seng / Jul 21	25,036.86
FTSE 100 / Jul 21	10,506.59
Germany DAX 30 / Jul 21	24,879.67
France CAC40 / Jul 21	8,348.97

Item	Value
Karachi Cotton PKR/37.32 KG / Jul 20	18,880
Gold 10 Grams PKR / Jul 20	363,971
Petrol/Litre / Jul 21	316.15
Crude Oil USD/Barrel / Jul 21	82.50
Gold Spot USD/Ounce / Jul 21	4,050.88
Diesel/Litre / Jul 21	354.35
Cotton US¢/pound / Jul 21	79.38

Gainers
Losers
Leaders

Stock	Price
Trust Sec.& Brok. / Jul 21 Trust Securities & Brokerage Limited(TSBL)	2.42 ▲ 0.27 (12.56%)
Azgard Nine (Non-Voti) / Jul 21 Azgard Nine (Non-Voti)(ANLNV)	9.30 ▲ 0.98 (11.78%)
Invest Capital Invest Bank / Jul 21 Invest Capital Investment Bank Limited(ICIBL)	21.75 ▲ 1.98 (10.02%)
Crescent Cotton / Jul 21 Crescent Cotton Mills Limited(CCM)	64.96 ▲ 5.91 (10.01%)
First IBL Mod. / Jul 21 First IBL Modaraba(FIBLM)	15.27 ▲ 1.39 (10.01%)
Gammon Pak / Jul 21 Gammon Pakistan Limited(GAMON)	21.98 ▲ 2 (10.01%)
Ahmad Hassan / Jul 21 Ahmad Hassan Textile Mills Limited(AHTM)	110.23 ▲ 10.02 (10%)
Asia Ins. / Jul 21 Asia Insurance Company Limited(ASIC)	41.69 ▲ 3.79 (10%)
Dewan Farooque Sp. / Jul 21 Dewan Farooque Spinning Mills Limited(DFSM)	18.15 ▲ 1.65 (10%)
Husein Industries / Jul 21 Husein Industries Limited(HUSI)	60.50 ▲ 5.5 (10%)

Stock	Price
Khairpur Sug. / Jul 21 Khairpur Sugar Mills Limited(KPUS)	1,515.89 ▼ -168.43 (-10%)
Service Textile / Jul 21 Service Industries Textiles Limited(SERT)	50.44 ▼ -5.6 (-9.99%)
Frontier Ceramics / Jul 21 Frontier Ceramics Limited(FRCL)	98 ▼ -7.79 (-7.36%)
Imperial Limited / Jul 21 Imperial Limited(IML)	22.53 ▼ -1.48 (-6.16%)
Baba Farid Sugar / Jul 21 Baba Farid Sugar Mills Limited(BAFS)	434.99 ▼ -25.43 (-5.52%)
D.M. Corporation / Jul 21 D.M. Corporation Limited(DMC)	186.80 ▼ -10.73 (-5.43%)
S.G.Power / Jul 21 S.G. Power Limited(SGPL)	83.10 ▼ -4.73 (-5.39%)
Popular Islamic / Jul 21 Popular Islamic Modaraba(PIM)	23.81 ▼ -1.3 (-5.18%)
Jubilee Spinning / Jul 21 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	51.01 ▼ -2.78 (-5.17%)
Aisha Steel(ConPS) / Jul 21 Aisha Steel(ConPS)(ASLPS)	21.14 ▼ -1.15 (-5.16%)

Stock	Volume
Cnergyico PK / Jul 21 Cnergyico PK Limited(CNERGY)	104,575,744 ▲ 0.19
Trust Sec.& Brok. / Jul 21 Trust Securities & Brokerage Limited(TSBL)	51,123,350 ▲ 0.27
TPL Properties / Jul 21 TPL Properties Limited(TPLP)	49,104,585 ▲ 0.45
Pak Refinery / Jul 21 Pakistan Refinery Limited(PRL)	26,758,427 ▲ 2.6
F. Nat.Equities / Jul 21 First National Equities Limited(FNEL)	16,943,532 ▲ 0.03
TPL Corp Ltd / Jul 21 TPL Corp Limited(TPL)	16,025,316 ▲ 1.08
WorldCall Telecom / Jul 21 Worldcall Telecom Limited(WTL)	16,014,718 ▲ 0.03
B.O.Punjab / Jul 21 The Bank of Punjab(BOP)	15,998,738 ▲ 0.55
K-Electric Ltd. / Jul 21 K-Electric Limited(KEL)	10,988,122 ▲ 0.15
Unity Foods Ltd / Jul 21 Unity Foods Limited(UNITY)	9,784,460 ▲ 0.65