Trends - Phil Flynn - Business Recorder

Phil Flynn

Oil prices drift lower

HOUSTON: Oil prices dipped on Friday, a day after topping $85 a barrel for the first time since November, but prices...

Published 17 Mar, 2024 02:49am

Markets

Oil prices up as war rages in ME

NEW YORK: Oil prices climbed about 2% on Wednesday on worries the conflict in the Middle East could disrupt oil...

Published 02 Nov, 2023 03:15am

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

Markets

Oil falls to near year’s lows on China demand worries

NEW YORK: Oil prices slid on Monday, falling close to their lowest level this year, as street protests against ...

Published 29 Nov, 2022 05:57am

Markets

US natgas slumps to 7-month low as losses extend into a ninth week

NEW YORK: US natural gas futures dropped 7% on Friday to a seven-month low after falling for nine weeks in a row in ...

Published 24 Oct, 2022 05:45am

Markets

Oil prices rise on low diesel stocks ahead of winter

HOUSTON: Oil prices traded about $1 higher on Thursday, reversing course as low levels of diesel inventory ahead of...

Published 14 Oct, 2022 03:39am

Markets

US natgas higher on firmer crude oil prices

NEW YORK: US natural gas futures rose for a second straight session on Wednesday, tracking gains in crude oil, and...

Published 06 Oct, 2022 05:59am

Markets

Oil dives more than $4 on strong dollar, recession fears

NEW YORK: Oil prices tumbled more than $4 on Wednesday, slumping below levels seen prior to Russia’s invasion of...

Published 08 Sep, 2022 05:43am

Markets

US natgas futures slip

NEW YORK: US natural gas futures slipped on Wednesday but were on course for a second consecutive monthly rise,...

Published 01 Sep, 2022 05:50am

Markets

US natgas futures higher

NEW YORK: US natural gas futures rose on Friday en route to a third weekly gain on higher European prices as ...

Published 28 Aug, 2022 06:10am

Markets

US natgas futures hit $10/mmbtu for first time since 2008

NEW YORK: US natural gas futures breached $10 per million British thermal units (mmBtu) for the first time in about...

Published 24 Aug, 2022 05:08am

Markets

Oil edges higher on tight supply, rising US refining activity

NEW YORK: Oil prices rose slightly on Wednesday, buoyed by tight supplies and as US refiners drove processing...

Published 26 May, 2022 05:26am

Markets

Oil edges higher on concerns over Russia, Libya supply disruption

NEW YORK: Oil prices rose on Thursday, buffeted by concerns about tightened supply as the European Union (EU) mulls ...

Published 22 Apr, 2022 05:36am

Markets

US natgas futures beat sharp retreat

NEW YORK: US natural gas futures fell 10% on Tuesday, reversing Monday’s gains due to a shift to a slightly warmer...

Published 21 Apr, 2022 05:26am

Oil steadies from decade-highs

HOUSTON: Oil eased after hitting prices not seen in roughly a decade on Thursday, as sellers jumped on hopes that ...

Updated 04 Mar, 2022 10:46am

Markets

Oil holds near 7-year high as Russia tensions offset Fed tightening

NEW YORK: Oil prices steadied on Thursday, after Brent crude earlier hit a seven-year high above $90 a barrel, as ...

Published 28 Jan, 2022 04:44am

Markets

US natgas marks best year since 2016 amid global price surge

NEW YORK: US natural gas futures on Friday closed out their biggest yearly gain in five powered mostly by strong...

Published 02 Jan, 2022 05:05am

Markets

US natgas extends slide as milder weather outlook prevails

NEW YORK: US natural gas futures extended declines to shed 7% on Tuesday, hurtling toward their worst month in about...

Published 01 Dec, 2021 03:52am

Markets

Oil rises 3pc to one-week high

NEW YORK: Oil prices rose to a one-week high on Tuesday after a move by the United States and other consumer nations...

Published 24 Nov, 2021 05:18am

Markets

Oil hovers above six-week low

NEW YORK: Oil prices rose slightly on Thursday, bouncing after a drop to six-week lows as investors wondered about...

Published 19 Nov, 2021 04:35am

Markets

Oil hovers above six-week low as China readies crude reserve release

NEW YORK: Oil prices rose slightly on Thursday, bouncing after a drop to six-week lows as investors wondered about...

Published 18 Nov, 2021 11:31pm

Markets

Oil falls in choppy trade before US inventories, OPEC+ meeting

CALGARY: Oil dropped below $85 a barrel on Tuesday, but remained close to a three-year high in choppy trade ahead of...

Published 03 Nov, 2021 12:10am

Markets

Oil rallies as U.S. crude stocks decline in tight market

NEW YORK: Oil prices rallied on Wednesday after U.S. crude inventories at the nation's largest storage site hit ...

Updated 20 Oct, 2021 11:59pm

Markets

Oil prices ease off highs

NEW YORK: Oil prices pulled back after touching multi-year highs on Monday, trading mixed as US industrial output ...

Published 19 Oct, 2021 03:52am

Markets

Oil whipsaws, then steadies as energy crunch feeds volatility

NEW YORK: Oil prices steadied after whipsawing in a volatile session on Tuesday, as traders weighed the effect that...

Published 13 Oct, 2021 04:47am

Markets

Oil prices rise, hit 2-month highs

NEW YORK: Oil prices rose on Thursday, supported by growing fuel demand and a draw in US crude inventories as...

Published 24 Sep, 2021 04:40am

Markets

Oil rallies to $73 on tight U.S. supplies, Biden-Xi call

NEW YORK: Oil rose to briefly top $73 a barrel on Friday, supported by growing signs of supply tightness in the...

Published 10 Sep, 2021 10:50pm

Markets

US natgas gains as energy firms struggle to restart post-Ida

NEW YORK: US natural gas futures gained on Friday as significant output remained offline in the aftermath of...

Published 04 Sep, 2021 06:04am

Markets

Oil settles lower, pares losses despite weak economic data

NEW YORK: Oil prices settled lower on Monday, paring steep losses on weak Chinese economic data after sources told...

Published 17 Aug, 2021 04:42am

Markets

Oil rebounds after White House says not calling for US output hike

NEW YORK: Oil gained Wednesday, changing course after the Biden administration said it would not call on US ...

Published 12 Aug, 2021 04:34am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 23	278.42
USD PKR Interbank Buying / May 23	278.22
USD to Japanese Yen / May 23	156.74
USD to Swiss Franc / May 23	0.91
Pound Sterling to USD / May 23	1.27
Euro to USD / May 23	1.08

Stock	Volume
S&P 500 / May 22	5307.01
Nasdaq / May 22	16801.54
Dow Jones / May 22	39671.04
India Sensex / May 23	74667.86
Tokyo Nikkei / May 23	39034.80
Hang Seng / May 23	18845.59
FTSE 100 / May 23	8373.47
Germany DAX 30 / May 23	18748.98

Item	Value
Petrol/Litre / May 23	273.10
Crude Oil USD/Barrel / May 23	76.94
Karachi Cotton PKR/37.32 KG / May 23	19935
Gold 10 Grams PKR / May 23	207476
Gold Spot USD/Ounce / May 23	2362.37
Diesel/Litre / May 23	274.08

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 23 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 23 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 23 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 23 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 23 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 23 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 23 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 23 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 23 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 23 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 23 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 23 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 23 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 23 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 23 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 23 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 23 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 23 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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Phil Flynn

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