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Oil

Asia fuel oil: VLSFO cash discount narrows

SINGAPORE: Asia’s 0.5% very low-sulphur fuel oil (VLSFO) cash discount narrowed on Monday amid firmer bids...

Published 01 Jun, 2021 04:59am

Markets

Oil up, near $70 a barrel as demand outlook improves

• OPEC+ to meet on Tuesday • Producers likely to stick to gradual easing of supply cuts CALGARY, (Alberta): ...

Published 01 Jun, 2021 04:59am

Markets

Iran oil minister calls for tripling output as a 'priority'

TEHRAN: Iran should almost triple its crude output as a "priority" to boost its political clout, its oil minister...

Published 01 Jun, 2021 04:59am

Markets

Eni, BP in talks over oil and gas assets in Algeria

LONDON/MILAN: BP and Eni are in talks over the future of their oil and gas assets in Algeria as the two groups...

Published 01 Jun, 2021 04:59am

Markets

Brent oil may test support at $68.66

Because of this failure, the contract may experience the final correction before rising above a bullish wedge.

Published 31 May, 2021 11:37am

Ogra recommends increase in POL products’ prices

ISLAMABAD: Oil and Gas Regulatory Authority (OGRA) on Sunday recommended the federal government an increase in...

Published 31 May, 2021 03:12am

Markets

Total rebrands as shareholders back climate plan

PARIS: French oil and gas major Total on Friday won near-unanimous shareholder support for its climate strategy ...

Published 30 May, 2021 03:51am

Markets

Transportation: Ogra to bring LPG bowsers into regulatory regime

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) moved forward to bring LPG bowsers for transportation of LPG...

Published 29 May, 2021 03:59am

Markets

US oil may test resistance at $67.57

On the daily chart, oil has finally broken a resistance zone of $65.65 to $66.60.

Published 28 May, 2021 11:54am

Markets

Palm oil to retest resistance at 4,010 ringgit

It will be confirmed when the contract breaks 4,010 ringgit.

Published 28 May, 2021 11:48am

Markets

Brent oil may extend gains into $70.41-$70.95 range

A fall from the current level may be limited to the support zone of $68.78-$69.20. On the daily chart, oil is poised to break a resistance at $70.75 and rise to $73.50.

Published 28 May, 2021 11:46am

Markets

Oil prices gain 1pc

NEW YORK: Oil prices rose one percent on Thursday, bolstered by strong US economic data that offset investors’...

Published 28 May, 2021 04:08am

Markets

Brent oil may retest support at $68.08

On the daily chart, the consolidation from the March 8 high of $71.38 is being shaped into a wedge which looks like a bullish continuation pattern, to be followed by a rally.

Published 27 May, 2021 12:03pm

Markets

Oil edges up as rising demand faces Iran supply worries

NEW YORK: Oil prices edged a shade higher on Tuesday as rising demand from the approach of the Northern...

Published 26 May, 2021 03:45am

Markets

US oil may revisit May 18 high of $67.01

Support is at $65.59, a break below could cause a fall to $64.71. On the daily chart, oil has pierced into a resistance zone of $65.65 to $66.60.

Published 25 May, 2021 11:27am

Markets

Brent oil may revisit May 18 high of $70.24

On the daily chart, the consolidation from the March 8 high of $71.38 is being shaped into a triangle which may be confirmed as a bullish continuation pattern, to be followed by a round of rally.

Published 25 May, 2021 11:23am

Markets

Venezuela restarts crude blending

MEXICO CITY: Venezuela’s state-run oil company PDVSA has restarted crude blending at its Petrolera Sinovensa...

Published 25 May, 2021 04:40am

Markets

Cabot, Cimarex to create $17bn oil and gas firm

NEW YORK: Cabot Oil & Gas Corp and Cimarex Energy Co agreed a merger on Monday to form a US-wide oil and gas ...

Published 25 May, 2021 04:40am

Markets

Wall St gains at open as higher oil drives energy stocks

The Dow Jones Industrial Average (.DJI) rose 46.0 points, or 0.13%, at the open to 34253.87. The S&P 500 (.SPX) rose 14.3 points, or 0.34%, at the open to 4170.16, while the Nasdaq Composite (.IXIC) rose 86.2 points, or 0.64%, to 13557.212 at the opening bell.

Published 24 May, 2021 08:16pm

Markets

Oil prices up over $1 amid potential Iran talks hitch

Iran says IAEA access to nuclear sites images has ended.
Brent prices to reach $80/bbl in 4Q 2021 - Goldman Sachs.

Published 24 May, 2021 02:21pm

Markets

Nigeria’s oil exports drop

LONDON: Oil exports from Nigeria, Africa’s top producer and an OPEC member, have dropped by 130,000 barrels per ...

Published 23 May, 2021 03:06am

Opinion

Oil drillers and Bitcoin miners bond over natural gas

On US oil patches stretching along the Rockies and Great Plains, trailers hitched to trucks back up toward well pads...

Published 22 May, 2021 04:05am

Markets

Oil jumps on weather concerns in Gulf of Mexico

• Market braces for extra 1m bpd Iran supplies in H2 NEW YORK: Oil prices jumped 2% on Friday after three days of...

Published 22 May, 2021 04:05am

PPL, OGDCL: Divestment of shares deferred by CCoP

ISLAMABAD: A meeting of the Cabinet Committee on Privatization (CCoP) has deferred divestment of government shares ...

Published 22 May, 2021 04:05am

Markets

Oil edges up but set for weekly fall on Iran crude talks

Sultan Ahmed Al Jaber, chief executive of the Abu Dhabi National Oil Co, said on Thursday that oil demand has risen to 95 million bpd.

Published 21 May, 2021 12:02pm

Markets

Asia fuel oil: VSLFO market nudges higher as Singapore inventories retreat

SINGAPORE: Asia’s 0.5% very low-sulphur fuel oil (VLSFO) market complex edged higher on Thursday, after steep...

Published 21 May, 2021 05:04am

Markets

Oil falls 2pc on possible return of Iranian supply

• India’s top refiner to buy Iranian oil if sanctions lifted • OPEC says IEA net-zero pathway could add to...

Published 21 May, 2021 05:04am

Markets

Brent oil may bounce to $67.89

The pattern from the March 8 high of $71.38 may turn out to be double-top or a flat or a triangle. It is still too early to confirm any of them.

Published 20 May, 2021 01:01pm

Markets

Asia’s VLSFO market moves up, Fujairah stocks up

SINGAPORE: Asia’s 0.5% very low-sulphur fuel oil (VLSFO) market complex edged higher on Wednesday, halting sharp...

Published 20 May, 2021 04:26am

Indian, European refiners get ready to buy Iranian oil

NEW DELHI/LONDON: Indian refiners and at least one European refiner are re-evaluating their crude purchases to make...

Published 20 May, 2021 04:26am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 18	278.62
USD PKR Interbank Buying / Apr 18	278.32
USD to Japanese Yen / Apr 18	154.30
USD to Swiss Franc / Apr 18	0.91
Pound Sterling to USD / Apr 18	1.25
Euro to USD / Apr 18	1.07

Stock	Volume
S&P 500 / Apr 17	5022.21
Nasdaq / Apr 17	15683.37
Dow Jones / Apr 17	37735.31
India Sensex / Apr 18	72965.85
Tokyo Nikkei / Apr 18	38103.03
Hang Seng / Apr 18	16452.30
FTSE 100 / Apr 18	7883.62
Germany DAX 30 / Apr 18	17795.41

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 16	21735
Gold 10 Grams PKR / Apr 17	215964
Petrol/Litre / Apr 18	293.94
Crude Oil USD/Barrel / Apr 18	82.77
Gold Spot USD/Ounce / Apr 18	2374.98
Diesel/Litre / Apr 18	290.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 18 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 18 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 18 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 18 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 18 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 18 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 18 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 18 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 18 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 18 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 18 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 18 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 18 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 18 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 18 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 18 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 18 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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