Trends - Opec Plus - Business Recorder

Opec Plus

Brent surge continues

All eyes are set on two crucial monthly reports due later this week – by the US Energy Information Administration...

Published 12 Sep, 2023 09:04am

BR Research

Oil bull run brews trouble for Pakistan

Oil bulls are back in business as Saudi led Opec Plus decisions are finally making an impact – leading to fourth...

Published 01 Aug, 2023 08:28am

BR Research

Oil – any fall insight?

Global crude oil prices have continued their upward trajectory for the fifth consecutive week amid demand optimism...

Published 31 Jul, 2023 08:22am

BR Research

Saudi surprise to keep oil prices elevated

Oil market is extremely fickle. From talks of oil likely to recede to $50/bbl just last month to $100/bl being a...

Published 08 Jun, 2023 07:51am

BR Research

Oil and Gas Development Company Limited

Oil and Gas Development Company Limited (PSX: OGDC) is the largest E&P company in the country with operations...

Published 16 May, 2023 08:49am

BR Research

Oil bulls mean business

Midfield play is often boring – but the one going on in the oil market is anything but. Both sides have had various...

Published 12 May, 2023 09:18am

BR Research

Oil: Saudis show strength

No one saw it coming. Not even the most bullish of observers. What Opec plus alliance threw last week is well and...

Published 11 Apr, 2023 08:55am

BR Research

Oil holds firm ground

Everything the collective West has thrown at Russia, it has been responded with substance. Brent oil had its highest...

Published 14 Feb, 2023 09:32am

BR Research

Oil: Not going down

Having lost nearly 10 percent in two trading sessions at the start of the year, the bear run did not last beyond...

Published 27 Jan, 2023 09:12am

BR Research

Oil price respite won’t last

A 10 percent drop in Brent oil price in two days got people excited, with the usual calls of “oil soon to hit...

Published 06 Jan, 2023 08:46am

BR Research

Oil slides: But for how long

Where is Brent? The bear hopefuls were asking a week ago, as Brent crude had tanked to 12—a month low as the West...

Published 23 Dec, 2022 08:38am

BR Research

Oil prices: China Covid fear returns

Brent and WTI prices have wiped off the entire 2022 gains. Both benchmarks underwent three consecutive weeks of...

Published 29 Nov, 2022 08:47am

BR Research

Oil price: The big signal

Not many saw that coming. Not even the traditionally most bullish takers on oil market. Observers have termed the...

Published 11 Oct, 2022 09:02am

BR Research

Oil price: Bulls are staying!

As international crude oil prices hit a 2-month high earlier this week, hopes of a likely respite are fading fast....

Published 14 Jan, 2022 07:58am

BR Research

Oil price: Respite in sight?

As the Opec Plus members slowly unwind the production moving deep into the phased ramping up of oil supplies, early...

Published 18 Nov, 2021 07:15am

BR Research

Energy prices: Scary winters ahead

It may not be the horrors of 2008 yet, but it is the closest the world has seen since. Coal prices touched the...

Published 30 Sep, 2021 07:35am

Gainers
Losers
Leaders

Stock	Price
Aisha Steel(ConPS) / Dec 5 Aisha Steel(ConPS)(ASLPS)	9 ▲ 1.00 (12.50%)
Universal Ins. / Dec 5 The Universal Insurance Company Limited(UVIC)	8 ▲ 0.85 (11.89%)
Pak Gulf Leasing / Dec 5 Pak-Gulf Leasing Company Limited(PGLC)	7.79 ▲ 0.61 (8.50%)
First Elite Cap.Mod / Dec 5 First Elite Capital Modaraba(FECM)	3.50 ▲ 0.27 (8.36%)
Pak Paper Prod / Dec 5 Pakistan Paper Products Limited(PPP)	65.80 ▲ 4.58 (7.48%)
Bilal Fibres / Dec 5 Bilal Fibres Limited(BILF)	2.98 ▲ 0.20 (7.19%)
Bal. Wheel / Dec 5 Baluchistan Wheels Limited(BWHL)	188 ▲ 12.34 (7.02%)
Mirpurkhas Sugar / Dec 5 Mirpurkhas Sugar Mills Limited(MIRKS)	57.85 ▲ 3.56 (6.56%)
Tariq Corporation / Dec 5 Tariq Corporation Limited(TCORP)	18.99 ▲ 1.15 (6.45%)
Media Times Ltd / Dec 5 Media Times Limited(MDTL)	1.85 ▲ 0.11 (6.32%)

Stock	Price
MithchellsFruit / Dec 5 Mitchells Fruit Farms Limited(MFFL)	225.64 ▼ -18.30 (-7.50%)
Otsuka Pakistan / Dec 5 Otsuka Pakistan Limited(OTSU)	159.25 ▼ -12.91 (-7.50%)
Cres.Star Ins. / Dec 5 Crescent Star Insurance Limited(CSIL)	2.15 ▼ -0.10 (-4.44%)
Quice Food / Dec 5 Quice Food Industries Limited(QUICE)	4.55 ▼ -0.20 (-4.21%)
Quetta Textile / Dec 5 Quetta Textile Mills Limited(QUET)	8.55 ▼ -0.26 (-2.95%)
Escorts Bank / Dec 5 Escorts Investment Bank Limited(ESBL)	4.81 ▼ -0.14 (-2.83%)
Crescent Steel / Dec 5 Crescent Steel & Allied Products Limited(CSAP)	48.32 ▼ -1.37 (-2.76%)
Silk Bank Ltd / Dec 5 Silkbank Limited(SILK)	1.07 ▼ -0.03 (-2.73%)
Jubile Life InsXD / Dec 5 Jubilee Life Insurance Company Limited(JLICL)	130 ▼ -3.50 (-2.62%)
Dost Steels Ltd. / Dec 5 Dost Steels Limited(DSL)	5.80 ▼ -0.14 (-2.36%)

Stock	Volume
WorldCall Telecom / Dec 5 Worldcall Telecom Limited(WTL)	57,079,786 ▲ 0.02
Fauji Cement / Dec 5 Fauji Cement Company Limited(FCCL)	41,984,500 ▼ -0.07
Oil & Gas Dev. / Dec 5 Oil & Gas Development Company Limited(OGDC)	23,810,103 ▼ -0.54
Pak Petroleum / Dec 5 Pakistan Petroleum Limited(PPL)	23,518,237 ▼ -0.44
Pak Refinery / Dec 5 Pakistan Refinery Limited(PRL)	22,669,534 ▲ 0.18
Maple Leaf Cement / Dec 5 Maple Leaf Cement Factory Limited(MLCF)	22,423,667 ▲ 0.07
P.T.C.L. / Dec 5 Pakistan Telecommunication Company Ltd(PTC)	21,755,000 ▲ 0.40
Fauji Foods Ltd / Dec 5 Fauji Foods Limited(FFL)	20,839,226 ▲ 0.17
Pak Elektron / Dec 5 Pak Elektron Limited(PAEL)	20,714,512 ▲ 0.01
Cnergyico PK / Dec 5 Cnergyico PK Limited(CNERGY)	18,687,005 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 4	284.75
USD PKR Interbank Buying / Dec 4	284.55
USD to Japanese Yen / Dec 4	147.21
USD to Swiss Franc / Dec 4	0.87
Pound Sterling to USD / Dec 4	1.26
Euro to USD / Dec 4	1.08
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 4	4569.78
Tokyo Nikkei / Dec 4	33231.27
Nasdaq / Dec 4	14185.50
Hang Seng / Dec 4	16646.05
FTSE 100 / Dec 4	7512.96
Dow Jones / Dec 4	36204.44
Germany DAX 30 / Dec 4	16404.76
France CAC40 / Dec 4	7332.59
India Sensex / Dec 5	69356.82

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Crude Oil USD/Barrel / Dec 4	73.31
Gold 10 Grams PKR / Dec 4	191701
Gold Spot USD/Ounce / Dec 4	2029.96
Cotton US¢/pound / Dec 4	78.68

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