Trends - US crude - Business Recorder

US crude

Brent, US crude futures climb as OPEC cuts likely

HOUSTON: Brent and US crude futures climbed more than 2.5%, gaining $2 a barrel on Monday, as further supply cuts in...

Published 21 Nov, 2023 06:01am

Markets

Asian stocks slump to 11-month lows as higher-for-longer rate fears persist

HONG KONG: Asian stocks slid to 11-month lows on Wednesday, US futures dropped and the dollar surged as Treasury...

Published 26 Oct, 2023 10:49am

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

Russia remains China’s top crude supplier in July despite narrower discounts

BEIJING: Russia remained China’s largest crude supplier in July, Chinese government data showed on Sunday, even as...

Published 20 Aug, 2023 11:09am

Markets

US crude stockpiles fall even as output hits 2020 high: EIA

NEW YORK: U.S. crude oil inventories fell last week as oil refiners increased run rates and exports surged, while...

Published 16 Aug, 2023 09:30pm

Markets

Oil prices fall despite record US crude stock drawdown

NEW YORK: Oil prices fell on Wednesday after sharp gains despite a historic drop in US crude stocks, as traders...

Published 03 Aug, 2023 05:54am

Markets

US crude inventories fall more than expected: EIA

HOUSTON: US crude stocks, gasoline and distillate inventories fell last week, the Energy Information Administration...

Published 07 Jul, 2023 05:24am

Markets

Oil rises on debt ceiling, demand optimism

NEW YORK: Oil prices rose 2% on Wednesday as optimism on oil demand and US debt ceiling negotiations outweighed...

Published 18 May, 2023 06:10am

Markets

Oil falls 2pc on surprise jump in US crude inventories

BENGALURU: Oil prices fell more than a dollar a barrel on Wednesday, ending a three-day rally as an unexpected jump...

Published 11 May, 2023 05:54am

Markets

Oil prices stabilise after hefty losses

NEW YORK: Oil prices steadied on Thursday after the previous day’s price drop on worries about a possible ...

Published 28 Apr, 2023 06:08am

Markets

Oil steady after shock OPEC+ output cuts

HOUSTON: Oil held steady in choppy trading on Thursday and was on track for a third weekly gain as markets weighed...

Published 07 Apr, 2023 06:06am

Markets

Oil up 1pc despite crude build, as dollar weakens

NEW YORK: Oil prices rose about 1% to a one-week high on Wednesday despite a surprise weekly build in US crude...

Published 23 Mar, 2023 05:47am

Markets

Oil largely steady as rising supplies face Chinese demand hopes

NEW YORK: Oil were largely unchanged on Wednesday as signs of ample supply, including growing US crude inventories,...

Published 02 Mar, 2023 06:23am

Markets

Gasoil, jet fuel margins fall on weak fundamentals

SINGAPORE: Asia’s 10 ppm sulphur gasoil and jet fuel margins fell for the second consecutive month as persistently...

Published 01 Mar, 2023 06:21am

Markets

Oil prices fall 1pc as US crude inventories swell

NEW YORK: Oil prices fell about 1 percent on Thursday as US crude inventories swelled to their highest in months,...

Published 10 Feb, 2023 03:56am

Markets

Oil prices settle lower on Russia supply outlook

NEW YORK: Oil prices settled lower on Friday, making their weekly finish flat to lower, as indications of strong...

Published 30 Jan, 2023 05:56am

Markets

Oil up 1pc on positive US data

NEW YORK: Oil prices rose more than 1 percent on Thursday on expectations that global demand will strengthen as top...

Published 27 Jan, 2023 06:15am

Markets

Gasoil cash premiums down despite some demand

SINGAPORE: Asia’s 10 ppm sulphur gasoil cash premiums fell on cautious trading sentiment, despite a bout of strong...

Published 27 Jan, 2023 06:15am

Markets

Oil edges up after less-than-expected US inventories rise

BENGALURU: Oil prices were up slightly in light volumes on Wednesday after government data showed a...

Published 26 Jan, 2023 05:58am

Markets

Oil heads for second week of gains on China demand outlook

LONDON: Oil rose on Friday and was heading for a second straight weekly gain, spurred largely by brightening...

Updated 20 Jan, 2023 08:38pm

Markets

Brent oil price broadly steady at $80/bbl amid rising US stockpiles

LONDON: Oil prices were broadly steady on Wednesday as market participants were pulled in different directions by an...

Updated 11 Jan, 2023 05:57pm

Markets

Oil steady as market awaits clarity on Fed rate hike

LONDON: Oil prices were stable on Tuesday as the market awaited the Federal Reserve’s plans for rate hikes to gauge...

Updated 10 Jan, 2023 04:38pm

Business & Finance

Oil rises over 1pc

NEW YORK: Oil prices rose over 1% on Monday after China’s move to reopen its borders boosted the outlook for fuel...

Published 10 Jan, 2023 06:00am

Business & Finance

Oil prices fall nearly 5pc on worry over global economy

NEW YORK: Oil fell nearly 5 percent on Wednesday after slumping in the previous session, weighed down by demand...

Published 05 Jan, 2023 05:58am

Markets

Oil prices fall further as concerns grow over global economy

LONDON: Oil fell sharply on Wednesday after slumping in the previous session, weighed down by demand concerns...

Updated 04 Jan, 2023 08:26pm

Markets

Oil prices rise over $2 on drawdown in US crude stocks

HOUSTON: Oil prices rose by more than $2 on Wednesday after data showed a larger-than-expected draw in US crude...

Published 22 Dec, 2022 05:57am

Markets

Oil dips, hits lowest mark since January

HOUSTON: Oil edged to its lowest since the start of the year in volatile trading, after US government data showed an...

Published 08 Dec, 2022 05:58am

Markets

Oil pares losses after cooler than expected US inflation

LONDON: Oil pared losses on Thursday, still heading for a fourth consecutive daily decline, as cooler than expected...

Published 11 Nov, 2022 05:54am

Markets

European stocks snap three-day gains

BENGALURU: European shares snapped a three-day advance on Wednesday, weighed down by economically sensitive stocks,...

Published 10 Nov, 2022 05:50am

Markets

Oil rises on strong crude demand, despite China fears

LONDON: Oil rose on Thursday, extending a rally of nearly 3% in the previous session, as optimism over record U.S....

Updated 27 Oct, 2022 06:27pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	5.85 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▼ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	85.40 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▼ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 3 Attock Cement Pakistan Limited(ACPL)	96.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	5.85 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▲ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	85.40 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▲ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 3 Attock Cement Pakistan Limited(ACPL)	96.07 ▲ 0.00 (0.00%)

Stock	Volume
Maple Leaf Cement / Dec 3 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▲ 0.00
Pak Elektron / Dec 3 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.00
Fauji Fert Bin / Dec 3 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.00
Fauji Cement / Dec 3 Fauji Cement Company Limited(FCCL)	27,255,000 ▲ 0.00
Hum Network / Dec 3 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.00
WorldCall Telecom / Dec 3 Worldcall Telecom Limited(WTL)	17,256,413 ▲ 0.00
D.G.K.Cement / Dec 3 D.G. Khan Cement Company Limited(DGKC)	14,240,764 ▲ 0.00
Air Link Com. / Dec 3 Air Link Communication Limited(AIRLINK)	13,542,140 ▲ 0.00
Dewan Cement / Dec 3 Dewan Cement Limited(DCL)	12,062,500 ▲ 0.00
K-Electric Ltd. / Dec 3 K-Electric Limited(KEL)	10,296,343 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	285.15
USD PKR Interbank Buying / Dec 1	284.95
USD to Japanese Yen / Dec 1	146.82
USD to Swiss Franc / Dec 1	0.87
Pound Sterling to USD / Dec 1	1.27
Euro to USD / Dec 1	1.09
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 1	4594.63
India Sensex / Dec 1	67481.19
Tokyo Nikkei / Dec 1	33431.51
Nasdaq / Dec 1	14305.03
Hang Seng / Dec 1	16830.30
FTSE 100 / Dec 1	7529.35
Dow Jones / Dec 1	36245.50
Germany DAX 30 / Dec 1	16397.52
France CAC40 / Dec 1	7346.15

Item	Value
Crude Oil USD/Barrel / Dec 1	74.07
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 1	189043
Gold Spot USD/Ounce / Dec 1	2072.22
Cotton US¢/pound / Dec 1	79.42

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