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oils market

Oil drops $2 on positive signals from Russia-Ukraine peace talks

HOUSTON: Oil prices dropped $2 on Tuesday, as talks progressed between Russia and Ukraine to end their weeks-long...

Published 30 Mar, 2022 06:08am

Markets

OPEC+ seeks consensus on oil output policy after UAE roadblock

Saudi, Russia had pushed plan to lift output, extend pact.
UAE against extending oil pact through 2022, sources say.
UAE wants own output set at higher level under any deal.
A deal could see 2 mln bpd added to market by December.

Published 02 Jul, 2021 07:42pm

Markets

Oil falls as Iranian supply prospect outweighs demand optimism

US crude stocks fall in latest week, sources say.
Iran official upbeat about nuclear talks.
US dollar near multi-month lows.

Published 26 May, 2021 07:34pm

Markets

Palm oil falls over 2pc

SINGAPORE: Malaysian palm oil futures fell for a fourth consecutive session on Monday, as they tracked losses in...

Published 25 May, 2021 04:40am

Markets

Mexican oil output slightly below target agreed with OPEC+

"We are fine, we are fulfilling our target and the commitment Mexico made before OPEC+, which is 1.753 million bpd," Nahle said at a virtual convention organized by Mexico's Association of Hydrocarbon Companies. "We are slightly below that, which gives us flexibility to continue working."

Published 27 Apr, 2021 08:18pm

Business & Finance

Exxon retreated from oil trading in pandemic as rivals made fortunes

The cuts left Exxon traders without the capital they needed to take full advantage of the volatile oil market, these people said.
The trading retreat came after Exxon had worked in the previous three years to bolster its trading unit with revamped facilities, high-level hires and new tools to help traders take on more risk.

Published 26 Apr, 2021 05:33pm

Markets

Oil rises as EU keeps stimulus flows, dollar falls

US crude stocks show surprise rise in EIA data.
Rising COVID-19 cases in India and Japan raise demand concerns.
OPEC+ set for meeting next week.

Published 22 Apr, 2021 08:36pm

Markets

Oil steadies as dollar slumps but pandemic surge weighs

Brent crude was down 4 cents, at $66.73 a barrel.
With oil priced in dollars, a softer greenback could spur demand from holders of other currencies.

Published 19 Apr, 2021 08:20pm

Markets

Oil inches up despite coronavirus-related demand concerns

Brent crude was up 32 cents, or 0.5%, at $67.09 a barrel.
With oil priced in dollars, a softer greenback could spur demand from holders of other currencies, boosting prices.

Published 19 Apr, 2021 07:48pm

Markets

Oil near one-month highs as demand outlook improves

US West Texas Intermediate futures fell 36 cents, or 0.6%, to $62.79. It had earlier reached $63.48, also the highest since March 18.
The IEA and Organization of the Petroleum Exporting Countries (OPEC) made upward revisions to their global oil demand growth forecasts for 2021 this week to 5.7 million barrels per day (bpd) and 5.95 million bpd respectively.

Published 15 Apr, 2021 07:35pm

Markets

Palm oil jumps 3pc

SINGAPORE: Malaysian palm oil futures rose more than 3 percent on Thursday, tracking rival soyaoil on the Chicago...

Published 02 Apr, 2021 04:58am

Markets

Oil steadies on demand recovery hopes despite European lockdowns

A third of French people enter new lockdown.
Demand slow, but Aramco CEO predicts recovery.
US rig count rises to highest since April.

Updated 22 Mar, 2021 06:29pm

Markets

Palm oil slumps 3.6pc to two-week low

KUALA LUMPUR: Malaysian palm oil futures slumped more than 3% on Thursday to their lowest in two weeks, weighed down...

Published 19 Mar, 2021 05:32am

Markets

Oil drops 2pc as COVID-19 vaccine halt threatens demand

Germany, France, Italy suspend use of AstraZeneca shot.
Move threatens EU's already slow vaccination campaign.
Coming Up: API inventory data at 4:30 p.m. ET/2030 GMT.

Published 16 Mar, 2021 09:34pm

Markets

Oil prices rise on economic outlook, drawdown in fuel stocks

US crude stocks surge, fuel inventories fall – EIA.
Biden's $1.9 trillion COVID-19 bill wins final approval in House.
Global oil stocks rise as market recovery hits speed bump.

Updated 11 Mar, 2021 10:02pm

Markets

Palm oil edges up

KUALA LUMPUR: Malaysian palm oil futures ended higher on Friday but was unchanged for the week, underpinned by a...

Published 06 Mar, 2021 05:01am

Markets

Brent hits $60 as supply cuts and stimulus hopes boost prices

Weak dollar also supports prices of commodities.
6-month Brent spread widest in over a year.
US oil rig count highest since May last week - Baker Hughes.

Published 08 Feb, 2021 07:11pm

Markets

Palm oil reverses losses

SINGAPORE/JAKARTA: Malaysian palm oil futures snapped two consecutive sessions of losses to end 0.7% higher on...

Published 27 Jan, 2021 04:59am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Sep 6	278.65
USD PKR Interbank Buying / Sep 6	278.45
USD to Japanese Yen / Sep 6	142.03
USD to Swiss Franc / Sep 6	0.84
Pound Sterling to USD / Sep 6	1.31
Euro to USD / Sep 6	1.11

Stock	Volume
S&P 500 / Sep 6	5,408.42
India Sensex / Sep 6	81,183.93
Tokyo Nikkei / Sep 6	36,391.47
Nasdaq / Sep 6	16,690.83
Hang Seng / Sep 6	17,444.30
FTSE 100 / Sep 6	8,181.47
Dow Jones / Sep 6	40,345.41
Germany DAX 30 / Sep 6	18,301.90

Item	Value
Crude Oil USD/Barrel / Sep 6	67.67
Gold 10 Grams PKR / Sep 6	227,970.30
Gold Spot USD/Ounce / Sep 6	2,497.41
Cotton US¢/pound / Sep 6	67.88
Karachi Cotton PKR/37.32 KG / Sep 7	18,535
Petrol/Litre / Sep 9	259.10

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Sep 9 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Sep 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Sep 9 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Sep 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Sep 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Sep 9 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Sep 9 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Sep 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Sep 9 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Sep 9 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Sep 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Sep 9 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Sep 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Sep 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Sep 9 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Sep 9 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Sep 9 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Sep 9 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Sep 9 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Sep 9 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Sep 9 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Sep 9 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Sep 9 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Sep 9 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Sep 9 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Sep 9 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Sep 9 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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