ANL 19.29 Decreased By ▼ -1.56 (-7.48%)
ASC 13.45 Decreased By ▼ -0.09 (-0.66%)
ASL 22.20 Decreased By ▼ -0.80 (-3.48%)
BOP 8.18 Decreased By ▼ -0.02 (-0.24%)
BYCO 7.55 Decreased By ▼ -0.26 (-3.33%)
FCCL 17.45 Decreased By ▼ -0.35 (-1.97%)
FFBL 22.10 Decreased By ▼ -0.65 (-2.86%)
FFL 15.20 Decreased By ▼ -0.30 (-1.94%)
FNEL 7.40 Increased By ▲ 0.05 (0.68%)
GGGL 17.00 Decreased By ▼ -0.83 (-4.66%)
GGL 39.30 Decreased By ▼ -0.71 (-1.77%)
HUMNL 5.76 Decreased By ▼ -0.26 (-4.32%)
JSCL 18.00 Decreased By ▼ -0.30 (-1.64%)
KAPCO 35.95 Decreased By ▼ -0.40 (-1.1%)
KEL 3.29 Decreased By ▼ -0.11 (-3.24%)
MDTL 2.50 Decreased By ▼ -0.15 (-5.66%)
MLCF 34.24 Decreased By ▼ -0.86 (-2.45%)
NETSOL 119.85 Decreased By ▼ -9.55 (-7.38%)
PACE 4.94 Increased By ▲ 0.19 (4%)
PAEL 26.53 Decreased By ▼ -0.47 (-1.74%)
PIBTL 8.71 Decreased By ▼ -0.14 (-1.58%)
POWER 7.25 Decreased By ▼ -0.20 (-2.68%)
PRL 16.97 Decreased By ▼ -0.18 (-1.05%)
PTC 9.65 Decreased By ▼ -0.36 (-3.6%)
SILK 1.50 No Change ▼ 0.00 (0%)
SNGP 45.10 Increased By ▲ 0.10 (0.22%)
TELE 17.48 Decreased By ▼ -1.41 (-7.46%)
TRG 161.00 Decreased By ▼ -1.70 (-1.04%)
UNITY 31.80 Decreased By ▼ -1.15 (-3.49%)
WTL 2.85 Decreased By ▼ -0.09 (-3.06%)
BR100 4,718 Decreased By ▼ -14.65 (-0.31%)
BR30 22,320 Decreased By ▼ -482.1 (-2.11%)
KSE100 45,074 Decreased By ▼ -223.36 (-0.49%)
KSE30 17,742 Decreased By ▼ -68.18 (-0.38%)

Coronavirus
VERY HIGH Source: covid.gov.pk
Pakistan Deaths
27,524
4224hr
Pakistan Cases
1,236,888
2,06024hr
4.58% positivity
Sindh
454,510
Punjab
427,583
Balochistan
32,837
Islamabad
104,913
KPK
172,766

OPEC

Oil hits 13-month highs as market re-balances
Markets

Oil hits 13-month highs as market re-balances

  • Prices rally as producers rein in supply.
  • Brent, WTI hit highest levels since January 2020.
  • US stimulus hopes, tighter supplies support rally.
  • Possible strike could hit Norway's crude production.
Published 15 Feb, 2021 07:12pm
Oil edges higher but demand fears set in
Markets

Oil edges higher but demand fears set in

  • Brent crude was up 29 cents, or 0.5%, at $61.43 a barrel.
  • Prices have risen over recent weeks partly owing to oil production cuts from the Organization of the Petroleum Exporting Countries (OPEC) and other producers in the group known as OPEC+.
Published 12 Feb, 2021 09:02pm
Oil on the boil, stocks and bonds toil
Markets

Oil on the boil, stocks and bonds toil

  • World shares drop after 3-day gains, retail frenzy slows.
  • Oil at 1-year high on OPEC+ output cut.
  • Benchmark bond yields rising, curves steepening.
  • Volatility index falls to regular levels.
  • Stealth China policy tightening in focus.
Published 04 Feb, 2021 05:44pm
OPEC experts meet as rising oil prices mask demand worries
Markets

OPEC experts meet as rising oil prices mask demand worries

  • Oil has rallied from historic lows reached last year as demand collapsed due to the pandemic thanks to record OPEC+ output cuts.
  • "A positive start," said one OPEC delegate. "The group wants a quick meeting with a positive agenda."
Published 02 Feb, 2021 07:01pm
OPEC oil supply to drop by 400,000 bpd in Jan
Markets

OPEC oil supply to drop by 400,000 bpd in Jan

  • OPEC's compliance with pledged supply curbs is close to 100%, the company said.
  • "The biggest reductions in January supply are expected from Libya, Iraq and Nigeria," Petro-Logistics said.
Published 25 Jan, 2021 09:33pm