Trends - US crude - Business Recorder

US crude

Oil extends losses as Delta variant stalls demand recovery

Brent crude was down 49 cents, or 0.7%, at $70.82 a barrel by 0507 GMT, after dropping 13 cents in the previous session

Published 13 Aug, 2021 10:56am

Markets

Oil prices slip after rise in US crude oil stocks

"Volatility in energy remains elevated as traders grapple with short-term demand weakness from Delta variant concerns and expectations the crude deficits will last till the end of the year," said Edward Moya, senior analyst at OANDA.

Published 22 Jul, 2021 01:24pm

Markets

Stocks falter as virus outbreaks fan global recovery fears

While the US yield curve steepened slightly, the spread between the US 10-year and 2-year yield remained near February lows

Published 20 Jul, 2021 11:23am

Business & Finance

Oil gains as US crude draws, German data boost outlook demand

Iran says US to lift oil sanctions, U.S. says nothing agreed
OPEC+ meeting on July 1 set to discuss further easing of curbs

Published 24 Jun, 2021 02:53pm

Markets

C$ dips, bond yields climb as Ottawa adds to deficit spending

Investors were also looking ahead to a Bank of Canada interest rate decision on Wednesday. Analysts expect the central bank to announce it is cutting bond purchases from the current pace of C$4 billion per week.

Published 20 Apr, 2021 11:43am

Markets

Oil steady near one-month highs as IEA, OPEC raise forecasts

"We see robust stock draws even after factoring in bearish risks as refinery runs are set to rise sharply in the coming months," Citi Research analysts said in a note.

Published 15 Apr, 2021 11:26am

Markets

Oil prices climb

NEW YORK: Oil prices edged higher on Monday after a broad sell-off last week, as market players were hopeful demand...

Published 23 Mar, 2021 04:37am

Markets

Asia stocks spooked by spike in yields, oil sell-off

For now, the dollar index had bounced to 91.855, from a low of 91.30 to leave it slightly firmer for the week.

Published 19 Mar, 2021 10:13am

Markets

Oil prices edge up ahead of US inventories data

"The current WTI oil price is well above the level needed to incentivise a substantial increase in US production, which according to surveys by the Dallas Fed and the Kansas City Fed stands at around $56 per barrel," EFG said.

Published 10 Mar, 2021 11:06am

Markets

Platts to add US WTI crude to dated Brent benchmark

Dated Brent underpins global Brent oil benchmark.
North Sea output is declining, move to add 500,000 bpd.
WTI to be first non-North Sea grade added to dated Brent basket.

Published 22 Feb, 2021 06:48pm

Markets

Oil extends losses after gloomier outlooks from OPEC, IEA

US crude inventories dropped unexpectedly last week, declining by more than 6 million barrels as refiners increased output to pre-pandemic levels, according to the Energy Information Administration.

Updated 12 Feb, 2021 11:49pm

Markets

Oil's losses deepen as OPEC, IEA caution ends rally

US crude inventories dropped unexpectedly last week, declining by more than 6 million barrels as refiners increased output to pre-pandemic levels, according to the Energy Information Administration.

Published 12 Feb, 2021 10:33am

Markets

Oil in longest rally in two years

NEW YORK: Oil rose on Wednesday, extending its rally for a ninth day, its longest winning streak in two years,...

Published 11 Feb, 2021 04:34am

Markets

Oil climbs to 13-month highs on output cuts, demand recovery hopes

He cautioned, however, that both Brent and WTI are in overbought territory on technical charts.

Published 09 Feb, 2021 11:27am

Markets

Oil rises to near 1-year highs

NEW YORK: Oil prices rose almost 2% on Wednesday and hovered near their highest levels in about a year, after...

Published 04 Feb, 2021 04:13am

Markets

Oil rises as hefty US crude draw outweighs Covid-19 demand concerns

NEW YORK: Oil prices ticked up on Wednesday as a massive drawdown in US crude inventories countered persistent...

Published 28 Jan, 2021 04:40am

Markets

Bonds dip, Nikkei charges higher as stimulus hopes stoke gains

Trump bolstered a ban on US investments in Chinese companies deemed to be linked with the military by clarifying late on Wednesday that American investors cannot own them after November 2021.

Published 14 Jan, 2021 09:23am

Markets

Oil prices edge higher after US crude stockpile draw

US crude stockpiles fall, fuel inventories up –EIA.
US Congressional leaders report progress in talks for aid.
German coronavirus deaths hit new high as lockdown starts.

Published 17 Dec, 2020 01:10am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 2	278.40
USD PKR Interbank Buying / May 2	278.20
USD to Japanese Yen / May 2	155.37
USD to Swiss Franc / May 2	0.91
Pound Sterling to USD / May 2	1.25
Euro to USD / May 2	1.07

Stock	Volume
S&P 500 / May 1	5018.39
Nasdaq / May 1	15605.48
Dow Jones / May 1	37903.29
India Sensex / May 2	74720.19
Tokyo Nikkei / May 2	38236.07
Hang Seng / May 2	18192.04
FTSE 100 / May 2	8149.68
Germany DAX 30 / May 2	17906.01

Item	Value
Crude Oil USD/Barrel / May 2	79.53
Karachi Cotton PKR/37.32 KG / May 2	20000
Gold 10 Grams PKR / May 2	206619
Gold Spot USD/Ounce / May 2	2311.74
Cotton US¢/pound / May 2	77.01
Petrol/Litre / May 3	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 3 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 3 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 3 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 3 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 3 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 3 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 3 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 3 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 3 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 3 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 3 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 3 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 3 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 3 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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