Topic

OPEC

OPEC further lowers 2026 global oil demand growth forecast

Published 13 Jul, 2026 07:23pm

The current forecast reduced the expected oil demand growth this year from 970,000 bpd previously

Oil little changed as Saudi cuts prices

Published 07 Jul, 2026 04:24am

NEW YORK: Oil prices were little changed on Monday, trading around pre-Iran war levels as Saudi Arabia slashed its...

UAE crude output nears record following OPEC exit, sources says

Published 06 Jul, 2026 05:49pm

June’s output was the highest since April 2020

Oil prices steady at pre-Iran war levels

Updated 06 Jul, 2026 07:45pm

Brent crude futures fell 4 cents, or 0.06%, to $72.08 a barrel at 1322 GMT

Iraq signs deal with oil services giant Halliburton

Published 05 Jul, 2026 06:52pm

Says the deal with Halliburton aligns with the government’s plans to boost oil and gas production capacity

OPEC+ approves further oil output increase as Hormuz exports start to recover

Updated 05 Jul, 2026 08:23pm

Seven core members have hiked their output quotas from April through July by almost 800,000 bpd

Oil prices little changed

Published 04 Jul, 2026 02:29am

CALGARY/LONDON: Oil prices were little changed for the week as traders held on to hopes for a successful outcome...

How does the Iran crisis compare with the 1979 oil shock?

Published 03 Jul, 2026 08:02pm

The scale of the disruption from the U.S.-Israeli war on Iran has revived comparisons with the 1973 Arab oil embargo

OPEC+ likely to raise oil output targets from August again, sources say

Published 01 Jul, 2026 06:42pm

The target will increase by about 188,000 barrels per day for August

Oil prices climb 2pc on new supply worries

Published 26 Jun, 2026 04:53am

The UN maritime agency paused its Hormuz ship evacuation effort after the suspected attack

Iraq warns it might leave OPEC if oil quota not raised

Published 26 Jun, 2026 04:33am

BAGHDAD/LONDON: Iraq has considered leaving OPEC if the oil producer group does not allow Baghdad to significantly...

Saudi Arabia's April crude exports extend fall to lowest on record, JODI data shows

Published 22 Jun, 2026 05:13pm

The country’s crude oil production stood at 6.316 million bpd in April

Iraq projects oil production to return to pre-war levels within two months

Published 20 Jun, 2026 05:53pm

Before the war broke out in late February, Iraq exported about 3.5 million barrels per day of oil

India's May oil supply from UAE tops pre-war levels as imports rise, data shows

Published 18 Jun, 2026 05:53pm

Overall crude imports rose to 5.27 million barrels per day, up 15.4% from April,

Energy firms brace for ‘new era’ despite Hormuz deal

Published 17 Jun, 2026 05:36am

PARIS: Oil and gas majors have high hopes for a quick reopening of the Strait of Hormuz, but they have few illusions...

US launches new strikes after Trump threatens to attack Iran 'very hard'

Updated 11 Jun, 2026 07:32am

The strikes are in response to Iran's unwarranted and continued aggression

OPEC+ approves fourth oil output quota hike since Hormuz closure

Published 08 Jun, 2026 02:29am

LONDON: OPEC+ agreed on Sunday a fourth increase in its oil output targets in as many months, even though the US war...

OPEC+ agrees fourth oil quota hike since Hormuz closure

Published 07 Jun, 2026 06:57pm

Seven core members of OPEC+ have increased their output quotas from April to June by almost 600,000 barrels per day

Oil falls as traders eye Iran deal following Lebanon-Israel ceasefire

Published 05 Jun, 2026 05:48am

HOUSTON: Oil prices slipped around 3 percent on Thursday on investor hopes for an end to the US-Israeli war with...

OPEC+ likely to raise July oil output target

Published 02 Jun, 2026 04:58am

VIENNA: OPEC+ oil-producing countries will likely agree a further hike in their output target for July when they...

UAE considered leaving OPEC over three years, presidential adviser says

Published 22 May, 2026 05:06pm

The decision is unlikely to affect the market because Iran effectively closes the Strait of Hormuz

Oil prices rise as investors doubt breakthrough in US-Iran peace talks

Updated 22 May, 2026 06:14pm

Brent crude futures were up 92 cents, or around 1%, at $105.88 a barrel

The UAE’s oil paradox: more production today, less dependence tomorrow

Published 22 May, 2026 06:05am

The United Arab Emirates’ decision to leave OPEC and OPEC+ signals a shift toward greater control over its economic...

Oil prices whipsaw on prospects for US-Iran deal

Published 22 May, 2026 06:05am

NEW YORK: Oil prices whipsawed in a volatile trading session on Thursday, trading lower on uncertain prospects for a...

UAE says OPEC, OPEC+ exit was sovereign strategic decision, not political move

Published 16 May, 2026 02:31pm

Mazrouei adds that the move is not politically motivated and does not reflect divisions with partners

Iraq exported 10 million barrels of oil in April through Strait of Hormuz

Published 16 May, 2026 12:39pm

Iraq plans to engage with OPEC to boost the country’s production and export capacity

UAE to 'accelerate' new oil pipeline bypassing Hormuz

BR100
BR30
KSE100
KSE30
KMI30

1D 5D 3M 6M 1Y

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 17	278.16
USD PKR Interbank Buying / Jul 17	277.96
USD to Japanese Yen / Jul 17	162.40
USD to Swiss Franc / Jul 17	0.81
Pound Sterling to USD / Jul 17	1.35
Euro to USD / Jul 17	1.14
SOFR % / Jul 17	3.60

Stock	Volume
S&P 500 / Jul 17	7,457.69
India Sensex / Jul 17	78,151.45
Tokyo Nikkei / Jul 17	64,141.12
Nasdaq / Jul 17	25,520.24
Hang Seng / Jul 17	24,562.24
FTSE 100 / Jul 17	10,600.37
Dow Jones / Jul 17	52,146.42
Germany DAX 30 / Jul 17	24,830.98
France CAC40 / Jul 17	8,338.81

Item	Value
Crude Oil USD/Barrel / Jul 17	82.49
Karachi Cotton PKR/37.32 KG / Jul 17	18,780
Gold 10 Grams PKR / Jul 17	361,656
Gold Spot USD/Ounce / Jul 17	4,017.39
Cotton US¢/pound / Jul 17	78.63
Petrol/Litre / Jul 18	316.15
Diesel/Litre / Jul 18	354.35

Gainers
Losers
Leaders

Stock	Price
Dadabhoy Cement / Jul 17 Dadabhoy Cement Industries Limited(DBCI)	17.01 ▲ 1.55 (10.03%)
Ruby Textile / Jul 17 Ruby Textile Mills Limited(RUBY)	17.59 ▲ 1.6 (10.01%)
Crescent Cotton / Jul 17 Crescent Cotton Mills Limited(CCM)	53.68 ▲ 4.88 (10%)
National Silk / Jul 17 The National Silk & Rayon Mills Limited(NSRM)	272.21 ▲ 24.75 (10%)
Suhail Jute / Jul 17 Suhail Jute Mills Limited(SUHJ)	223.96 ▲ 20.36 (10%)
Baba Farid Sugar / Jul 17 Baba Farid Sugar Mills Limited(BAFS)	418.56 ▲ 38.05 (10%)
Shadman Cotton / Jul 17 Shadman Cotton Mills Limited(SHCM)	50.61 ▲ 4.6 (10%)
Asia Ins. / Jul 17 Asia Insurance Company Limited(ASIC)	34.45 ▲ 3.13 (9.99%)
Olympia Mills / Jul 17 Olympia Mills Limited(OML)	107.58 ▲ 9.65 (9.85%)
TPL Trakker Ltd / Jul 17 TPL Trakker Limited(TPLT)	27.91 ▲ 2.5 (9.84%)

Stock	Price
Tariq Corp. (R) / Jul 17 Tariq Corporation Limited(Right)(TCORPR2)	2.70 ▼ -0.89 (-24.79%)
First Punjab Modaraba / Jul 17 First Punjab Modaraba(FPJM)	11.04 ▼ -1.23 (-10.02%)
Khairpur Sug. / Jul 17 Khairpur Sugar Mills Limited(KPUS)	1,871.47 ▼ -207.94 (-10%)
Service Textile / Jul 17 Service Industries Textiles Limited(SERT)	62.27 ▼ -6.92 (-10%)
S.G.Power / Jul 17 S.G. Power Limited(SGPL)	97.59 ▼ -10.84 (-10%)
Mughal Iron & Steel(C) / Jul 17 Mughal Iron & Steel Industries Ltd (C)(MUGHALC)	63 ▼ -6.99 (-9.99%)
Fateh Sports / Jul 17 Fateh Sports Wear Limited(FSWL)	150.29 ▼ -16.65 (-9.97%)
Paramount Spinning / Jul 17 Paramount Spinning Mills Limited(PASM)	10.91 ▼ -1.1 (-9.16%)
Power Cem(Pref) / Jul 17 Power Cement (Pref)(POWERPS)	23.62 ▼ -2.36 (-9.08%)
Supernet Tech. / Jul 17 Supernet Technologies Limited(STL)	41.34 ▼ -3.72 (-8.26%)

Stock	Volume
Cnergyico PK / Jul 17 Cnergyico PK Limited(CNERGY)	86,491,992 ▲ 0.19
TPL Properties / Jul 17 TPL Properties Limited(TPLP)	62,545,194 ▼ -0.67
Pak Refinery / Jul 17 Pakistan Refinery Limited(PRL)	38,580,070 ▲ 2.94
WorldCall Telecom / Jul 17 Worldcall Telecom Limited(WTL)	23,499,606 ▼ -0.04
K-Electric Ltd. / Jul 17 K-Electric Limited(KEL)	18,396,866 ▼ -0.24
Lotte Chemical / Jul 17 Lotte Chemical Pakistan Limited(LOTCHEM)	17,830,259 ▼ -1.32
Hascol Petrol / Jul 17 Hascol Petroleum Limited(HASCOL)	14,534,208 ▼ -0.33
B.O.Punjab / Jul 17 The Bank of Punjab(BOP)	12,503,494 ▼ -0.51
TPL REIT Fund I / Jul 17 TPL REIT Fund I(TPLRF1)	11,458,248 ▼ -0.29
PIA Holding Co.Ltd / Jul 17 PIA Holding Company Limited(PIAHCLA)	10,427,355 ▲ 0.51

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