Trends - Oil - Business Recorder

Oil

Oil slips as investors watch diplomatic moves in Gaza war

LONDON: Oil prices slipped on Monday as investors continued to focus on the situation in the Middle East, where...

Updated 23 Oct, 2023 05:54pm

Markets

Oil drops after Hamas releases US hostages

BENGALURU: Oil prices settled lower on Friday after the group Hamas released two US hostages from Gaza, leading to...

Published 22 Oct, 2023 03:20am

Markets

Oil dips below $90 a barrel as US agrees Venezuela deal

LONDON: Oil futures fell on Monday on reports that the U.S. had agreed a deal to ease sanctions on Venezuela, while...

Updated 16 Oct, 2023 08:06pm

BR Research

Oil risk premium returns

Oil bears couldn’t stay the course for long. Not of the fault of their own this time though but the bear run...

Published 16 Oct, 2023 06:33am

Business & Finance

Oil surges nearly 6 percent

NEW YORK: Oil prices leapt nearly 6% on Friday, with Brent posting its highest weekly gain since February, as...

Published 14 Oct, 2023 05:32am

Markets

China crude imports up 14% on year ahead of peak travel

BEIJING: China’s crude oil imports in September grew nearly 14% from a year earlier, as refiners stepped up...

Published 13 Oct, 2023 10:02am

Markets

Oil surges on US sanctions, tight stockpile forecasts

NEW YORK: Oil prices leapt more than $3 on Friday, with Brent on track for its highest weekly gain since April,...

Updated 13 Oct, 2023 08:39pm

Markets

Oil prices rise on expectations

NEW YORK: Oil prices rose on Thursday on expectations that US interest rates had peaked, but gains were capped by a...

Published 13 Oct, 2023 05:50am

Pakistan

Balochistan minister vows strict action against oil smugglers

QUETTA: Interim Information Minister of Balochistan Jan Achakzai, Wednesday said that the government has set a...

Published 12 Oct, 2023 05:57am

Markets

Oil prices down on easing concerns

HOUSTON: Oil prices fell on Tuesday on easing concerns about potential supply disruptions from the battle between...

Published 11 Oct, 2023 03:10am

Markets

Japanese rubber up

SINGAPORE: Japanese rubber futures edged higher for a second session on Tuesday, buoyed by bullish Asian shares and ...

Published 11 Oct, 2023 03:10am

Markets

Oil prices surge 4% on worries of escalation in Middle East conflict

HOUSTON: Oil prices surged 4% on Monday, recouping some of the steep losses last week, as clashes between Israel and...

Updated 09 Oct, 2023 08:31pm

Opinion

Economic recovery hamstrung by energy issues

Pakistan has been facing a host of challenges that have seriously impacted its development, growth, economic ...

Updated 09 Oct, 2023 06:56am

Business & Finance

BMP demands govt slash oil prices

LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’ Businessmen Panel (BMP) has asked the...

Updated 09 Oct, 2023 09:37am

Markets

Oil prices hold steady, Russia rolls back diesel export ban

LONDON: Oil prices were stable but on course for a week-on-week loss, as demand fears due to macroeconomic headwinds...

Updated 06 Oct, 2023 05:54pm

Markets

Oil prices decline

HOUSTON: Oil prices fell about 2% on Thursday, extending the previous session’s nearly 6% losses, as an uncertain...

Published 06 Oct, 2023 03:03am

Markets

Oil rebounds from 3-week low amid strong dollar

NEW YORK: Oil prices recovered slightly after hitting a three-week low on Tuesday, as investors weighed a stronger ...

Published 04 Oct, 2023 06:20am

Markets

Oil prices fall

NEW YORK: Oil prices fell about 2% on Monday to a three-week low as a higher-priced Brent contract expired, the US...

Published 03 Oct, 2023 06:02am

Markets

Oil settles lower but ends quarter up 28pc on tight supply

NEW YORK: Oil prices settled 1% lower on Friday due to macroeconomic concerns and profit taking, but rose about 30%...

Published 02 Oct, 2023 06:33am

Markets

Oil prices ease 1pc on profit taking

NEW YORK: Oil futures eased about 1% on Thursday, as traders took profits after prices soared early to 10-month ...

Published 29 Sep, 2023 06:24am

Business & Finance

Nearby Brent crude spread hits 2023 high on tight supply

LONDON: The spread between the front and second month contract for global oil benchmark Brent has widened to its...

Published 29 Sep, 2023 06:24am

Markets

Oil prices ease 1% on profit taking, interest rate worries

NEW YORK: Oil futures eased about 1% on Thursday, as traders took profits after prices soared early to 10-month ...

Updated 28 Sep, 2023 10:03pm

Markets

Oil jumps 3% as steep US crude stockdraw adds to supply concerns

HOUSTON: Oil prices surged about 3% on Wednesday, after US crude stocks fell more than expected, adding to worries...

Updated 27 Sep, 2023 08:49pm

Markets

Oil prices rise by about 1pc as tight supply balances economic outlook

NEW YORK: Oil prices rose by about 1 percent after reaching a two-week low earlier in the session on Tuesday, as...

Published 27 Sep, 2023 06:08am

Markets

Oil up slightly; trade choppy as Russia fuel export ban boosts

NEW YORK: Oil prices were slightly higher in choppy trading on Thursday, rising as much as $1 a barrel after a...

Published 22 Sep, 2023 03:33am

World

Saudi crown prince says getting 'closer' to Israel normalization: Fox interview

WASHINGTON: Saudi Arabian Crown Prince Mohammed bin Salman said in a U.S. television interview that his country was...

Updated 21 Sep, 2023 09:55am

Markets

Oil little changed ahead of US Fed rate decision

NEW YORK: Oil prices were little changed on Wednesday ahead of the U.S. Federal Reserve’s interest rate decision,...

Updated 20 Sep, 2023 09:01pm

Markets

Kenya extends oil supply agreement with three Gulf companies

NAIROBI: Kenya has extended an oil supply deal with three Gulf-based companies to December 2024, the energy...

Published 19 Sep, 2023 01:21pm

Markets

Oil prices hit 10-month highs on mounting supply concerns

Oil prices jumped over 1% on Tuesday to 10-month highs, as weak U.S. shale output compounded supply concerns from...

Updated 19 Sep, 2023 08:57pm

Business & Finance

OTCA stops oil supply to the whole country

ISLAMABAD: The Oil Tankers Contractors Association (OTCA) stopped oil supply on Monday to the whole country as part...

Published 19 Sep, 2023 06:31am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 24	278.59
USD PKR Interbank Buying / Apr 24	278.39
USD to Japanese Yen / Apr 24	155.21
USD to Swiss Franc / Apr 24	0.91
Pound Sterling to USD / Apr 24	1.25
Euro to USD / Apr 24	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
India Sensex / Apr 24	73852.94
Tokyo Nikkei / Apr 24	38460.08
Nasdaq / Apr 24	15712.75
Hang Seng / Apr 24	17201.27
FTSE 100 / Apr 24	8040.38
Dow Jones / Apr 24	38460.92
Germany DAX 30 / Apr 24	18088.70

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 24	82.83
Gold Spot USD/Ounce / Apr 24	2318.17
Cotton US¢/pound / Apr 24	81.01
Petrol/Litre / Apr 25	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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