Trends - US crude oil - Business Recorder

US crude oil

US oil may rise into $73.16-$73.89 range

SINGAPORE: US oil may rise into a range of $73.16 to $73.89 per barrel, as it has found a strong support at $70.10....

Published 07 Jun, 2023 09:55am

Markets

US oil may test support $71.05

SINGAPORE: US oil may test a support of $71.05 per barrel, a break below which could open the way towards...

Published 06 Jun, 2023 09:44am

Markets

US oil may test support zone $72.18-$72.70

SINGAPORE: US oil may test a support zone of $72.18-$72.70 per barrel, a break below which could open the way...

Published 05 Jun, 2023 09:29am

Markets

US crude March output hits 3-year high as Texas production grows: EIA

NEW YORK: US field production of crude oil rose in March to 12.696 million barrels per day, the highest since March...

Published 31 May, 2023 09:29pm

Markets

Oil steady as US default risk offsets demand outlook

LONDON: Oil prices were steady on Monday as caution relating to US debt ceiling talks dragged on optimism over...

Updated 22 May, 2023 02:57pm

Markets

Oil slips as debt talks pause

HOUSTON: Oil prices reversed course to fall on Friday after US House Republicans and President Joe Biden’s...

Published 22 May, 2023 06:23am

Markets

US oil may retest resistance at $69.77

SINGAPORE: US oil may retest a resistance at $69.77 per barrel, a break above could lead to a gain into the...

Published 05 May, 2023 10:03am

Markets

Oil falls 4% to five-week low on US default worries, weak economic data

NEW YORK: Oil prices sank 4% to a five-week low on Tuesday along with a drop in Wall Street stocks on worries about...

Updated 02 May, 2023 11:13pm

Markets

Oil prices drop as US rate hike fears, weak China data offset supply cuts

TOKYO: Oil prices fell on Monday as jitters over the economic impact of the US Federal Reserve potentially raising...

Updated 01 May, 2023 12:18pm

Markets

US oil may fall to $72.37

SINGAPORE: US oil may break support at $73.98 per barrel and fall to $72.37, driven by a wave c. This wave is...

Published 28 Apr, 2023 10:02am

Markets

US oil may fall to $72.37

SINGAPORE: US oil may break support at $73.98 per barrel and fall to $72.37, driven by a wave c. This wave is...

Published 27 Apr, 2023 09:31am

Markets

US oil may fall to $75.78

SINGAPORE: US oil may test a support at $76.58 per barrel, with a good chance of breaking below this level and...

Published 26 Apr, 2023 09:56am

Markets

US oil may test support at $78.14

SINGAPORE: US oil may test a support at $78.14 per barrel, a break below which could open the way towards...

Published 25 Apr, 2023 11:42am

Markets

US oil may fall into $76.15-$77.25 range

SINGAPORE: US oil may fall into a range of $76.15-$77.25 per barrel, as suggested by a projection analysis and a...

Published 20 Apr, 2023 09:48am

Markets

US oil may bounce moderately to $81.92 before falling

SINGAPORE: US oil may bounce moderately to $81.92 per barrel, before falling again. The contract managed to...

Published 19 Apr, 2023 10:20am

Markets

US oil may fall further into $79.04-$80.89 range

SINGAPORE: US oil may fall further into a range of $79.04-$80.89 per barrel, due to the completion of a wave (5)....

Published 18 Apr, 2023 10:29am

Markets

Oil slips on economy worries, despite upbeat China data

LONDON: Oil fell for a second day on Tuesday as upbeat Chinese economic data failed to deflect the focus from a...

Updated 18 Apr, 2023 05:24pm

Markets

US oil may retest support at $79.04

SINGAPORE: US oil may retest a support at $79.04 per barrel, a break below could trigger a drop into the...

Published 06 Apr, 2023 10:07am

Markets

Downtrend for cracks continues amid cautious sentiment

SINGAPORE: Asia’s 10-ppm sulphur gasoil and jet fuel margins fell for the third consecutive trading session as a...

Published 06 Apr, 2023 06:20am

Markets

US crude stockpiles fall unexpectedly as imports hit 2-year low: EIA

HOUSTON: US crude oil stockpiles fell unexpectedly last week as refineries restarted operations after maintenance ...

Published 30 Mar, 2023 06:35am

Markets

Oil dips amid choppy trading; markets debate supply tightness

HOUSTON: Oil ticked down on Wednesday in choppy trading as investors looked to pocket profits from two straight days...

Published 30 Mar, 2023 06:35am

Markets

Gasoil trading liquidity improves

SINGAPORE: Asia’s 10-ppm sulphur gasoil trading liquidity picked up after a myriad of sellers emerged to offload...

Published 17 Mar, 2023 06:15am

Markets

Oil hits lowest in more than a year as banking fears mount

LONDON: Oil extended its slide on Wednesday, falling 4% and hitting its lowest in more than a year as unease over...

Updated 15 Mar, 2023 09:52pm

Markets

Asia’s gasoil margins little changed

SINGAPORE: Asia’s 10-ppm sulphur gasoil margins were mostly steady as stronger buying interest for physical ...

Published 15 Mar, 2023 06:01am

Markets

Oil extends losses as rate hike concerns spur sell-off

LONDON: Oil prices fell sharply on Wednesday, extending Tuesday’s losses, driven by fears that more aggressive U.S....

Updated 08 Mar, 2023 08:06pm

Markets

Gasoil margins little changed but prompt buyers emerge

SINGAPORE: Asia’s 10-ppm sulphur gasoil margins were little changed at $25.06 a barrel, fluctuating in the $1 a...

Published 08 Mar, 2023 06:20am

Markets

US oil may test resistance at $81.08

SINGAPORE: US oil may test a resistance at $81.08 per barrel, a break above could lead to a gain into $81.47-$82.10...

Published 07 Mar, 2023 10:38am

Markets

US oil may test support of $78.80

SINGAPORE: US oil may test a support of $78.80 per barrel, with a good chance of breaking below this level and...

Published 06 Mar, 2023 10:40am

Markets

Oil pares gains on European rate hike fears

LONDON: Oil prices pared early gains on Thursday as signs of a strong economic rebound in top crude importer China...

Updated 02 Mar, 2023 08:13pm

Markets

Gasoil margins almost steady

SINGAPORE: Asia’s 10-ppm sulphur gasoil margins were broadly steady day-on-day at $25.57 a barrel as muted market...

Published 02 Mar, 2023 06:23am

Gainers
Losers
Leaders

Stock	Price
Sec. Inv. Bank / Jun 8 Security Investment Bank Limited(SIBL)	5.03 ▲ 1.00 (24.81%)
Zephyr Textile / Jun 8 Zephyr Textiles Limited(ZTL)	9.98 ▲ 0.98 (10.89%)
Haseeb Waqas / Jun 8 Haseeb Waqas Sugar Mills Limited(HWQS)	5.50 ▲ 0.53 (10.66%)
Hussain Industries / Jun 8 Husein Industries Limited(HUSI)	12.55 ▲ 1.00 (8.66%)
Kohinoor Mills / Jun 8 Kohinoor Mills Limited(KML)	52.68 ▲ 3.68 (7.51%)
Colgate Palm / Jun 8 Colgate-Palmolive (Pakistan) Limited(COLG)	1801.55 ▲ 125.69 (7.50%)
Gatron Ind. / Jun 8 Gatron (Industries) Limited(GATI)	281.39 ▲ 19.63 (7.50%)
Khyber Tobacco / Jun 8 Khyber Tobacco Company Limited(KHTC)	489.02 ▲ 34.12 (7.50%)
Sunrays Textile / Jun 8 Sunrays Textile Mills Limited(SUTM)	123.63 ▲ 8.63 (7.50%)
Bunnys Limited / Jun 8 Bunnys Limited(BNL)	16.23 ▲ 1.13 (7.48%)

Stock	Price
Century Paper / Jun 8 Century Paper & Board Mills Limited(CEPB)	30.86 ▼ -24.67 (-44.43%)
Mod. Al-Mali (R) / Jun 8 Modaraba Al-Mali R(MODAMR1)	0.47 ▼ -0.13 (-21.67%)
Sindh Modaraba / Jun 8 Sindh Modaraba(SINDM)	7.20 ▼ -1.00 (-12.20%)
Pak Gulf Leasing / Jun 8 Pak-Gulf Leasing Company Limited(PGLC)	6.55 ▼ -0.84 (-11.37%)
PICIC Ins.Ltd. / Jun 8 PICIC Insurance Limited(PIL)	0.59 ▼ -0.06 (-9.23%)
P.I.A.C.(A) / Jun 8 Pakistan International Airlines Corp(PIAA)	3.53 ▼ -0.35 (-9.02%)
TPL Corp Ltd / Jun 8 TPL Corp Limited(TPL)	5.65 ▼ -0.55 (-8.87%)
JDW Sugar / Jun 8 JDW Sugar Mills Limited(JDWS)	370 ▼ -34.00 (-8.42%)
Bilal Fibres / Jun 8 Bilal Fibres Limited(BILF)	2.25 ▼ -0.19 (-7.79%)
Pak Leather / Jun 8 Pak Leather Crafts Limited(PAKL)	13.18 ▼ -1.07 (-7.51%)

Stock	Volume
WorldCall Telecom / Jun 8 Worldcall Telecom Limited(WTL)	79,599,537 ▼ -0.04
Unity Foods Ltd / Jun 8 Unity Foods Limited(UNITY)	28,717,723 ▲ 0.73
Telecard Limited / Jun 8 Telecard Limited(TELE)	16,584,665 ▼ -0.31
Pak Int.Bulk / Jun 8 Pakistan International Bulk Terminal(PIBTL)	15,416,500 ▼ -0.18
TPL Properties / Jun 8 TPL Properties Limited(TPLP)	15,277,141 ▼ -0.20
Pak Refinery / Jun 8 Pakistan Refinery Limited(PRL)	11,614,238 ▼ -0.31
Bankislami Pak. / Jun 8 BankIslami Pakistan Limited(BIPL)	11,156,759 ▼ -0.48
TRG Pak Ltd / Jun 8 TRG Pakistan Limited(TRG)	9,934,796 ▼ -4.26
Fauji Foods Ltd / Jun 8 Fauji Foods Limited(FFL)	9,822,229 ▼ -0.11
P.I.A.C.(A) / Jun 8 Pakistan International Airlines Corp(PIAA)	8,850,000 ▼ -0.35

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 8	287.32
USD PKR Interbank Buying / Jun 8	287.12
USD to Japanese Yen / Jun 8	139.76
USD to Swiss Franc / Jun 8	0.91
Pound Sterling to USD / Jun 8	1.24
Euro to USD / Jun 8	1.07
UK LIBOR % / Jun 7	5.07

Stock	Volume
S&P 500 / Jun 7	4267.52
Nasdaq / Jun 7	13104.89
Dow Jones / Jun 7	33665.02
India Sensex / Jun 8	63203.02
Tokyo Nikkei / Jun 8	31605.11
Hang Seng / Jun 8	19177.52
FTSE 100 / Jun 8	7612.23
Germany DAX 30 / Jun 8	15994.38
France CAC40 / Jun 8	7222.68

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 7	20235
Gold 10 Grams PKR / Jun 7	194873
Crude Oil USD/Barrel / Jun 8	72.32
Gold Spot USD/Ounce / Jun 8	1946.62
Cotton US¢/pound / Jun 8	81.37

US crude oil

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