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US oil

Falling oil prices poised for biggest monthly decline since 2021

Brent crude futures were down $1.16, or 1.81%, at $63.09 a barrel

Updated 30 Apr, 2025 11:04pm

Business & Finance

Oil prices fall 2pc to 2-week low

NEW YORK: Oil prices fell about 2% to a two-week low on Tuesday as investors braced for OPEC+ to boost output and...

Published 30 Apr, 2025 05:57am

Markets

Pakistan mulls US oil imports to ease trade imbalance, sources say

Pakistan faces a 29% tariff due to a $3 billion trade surplus with the US

Updated 15 Apr, 2025 10:09pm

Markets

Oil tumbles nearly 8% as China retaliates with tariffs on US

Brent futures down $5.55, or 7.9%, to $64.59 a barrel

Updated 04 Apr, 2025 08:46pm

Markets

Oil dives more than 6pc, steepest fall in 3 years

HOUSTON: Oil prices swooned on Thursday to settle with their steepest percentage loss since 2022, after OPEC+ agreed...

Published 04 Apr, 2025 05:22am

Markets

Oil falls 2pc but concerns over supply disruptions provide support

HOUSTON: Oil prices fell 2% on Friday but were unchanged on the week as concerns about supply disruptions in Russia...

Published 22 Feb, 2025 06:31am

Markets

Oil prices flat, set for weekly drop as Trump touts energy policy

HOUSTON: Oil prices were flat on Friday but were on track to fall on the week after U.S. President Donald Trump...

Updated 24 Jan, 2025 10:47pm

Markets

Oil prices held down by Trump tariff uncertainty

NEW YORK: Oil prices were little changed on Thursday, maintaining almost all of the previous session’s losses on...

Published 24 Jan, 2025 06:26am

Markets

South Korea looking at buying more US oil and gas, energy minister says

SEOUL: South Korea is interested in importing more US oil and gas to diversify energy sources and ensure stable...

Published 16 Jan, 2025 10:41am

Markets

Oil prices rise

HOUSTON: Oil prices rose more than 1% on Wednesday after the European Union agreed an additional round of sanctions...

Published 12 Dec, 2024 07:06am

World

Trump prepares wide-ranging energy plan to boost gas exports, oil drilling

NEW YORK: Donald Trump’s transition team is putting together a wide-ranging energy package to roll out within days...

Published 26 Nov, 2024 07:10am

Markets

Oil steadies as Sverdrup field restart counters geopolitical concerns

NEW YORK: Oil prices steadied on Tuesday as Norway’s Johan Sverdrup oilfield restarted production while there were...

Published 20 Nov, 2024 07:49am

Markets

Oil falls over 2pc

NEW YORK: Oil prices fell more than 2 percent on Friday as traders grew less fearful of prolonged supply disruptions...

Published 09 Nov, 2024 06:36am

Markets

Oil prices up on big storage withdrawal

NEW YORK: Oil prices edged up about 1% on Thursday on a bigger-than-expected withdrawal from US inventories and a...

Published 06 Sep, 2024 07:04am

Markets

Oil climbs 3pc as Libya output cuts further supply concerns

HOUSTON: Oil prices settled 3% higher on Monday as production cuts in Libya added to supply concerns stemming from...

Published 27 Aug, 2024 06:44am

Markets

Oil climbs $2/barrel

HOUSTON: US light crude oil gained more than $2 a barrel on Friday after comments by US Federal Reserve Chair Jerome...

Published 24 Aug, 2024 06:23am

Markets

Oil falls on China demand fears

HOUSTON: Oil futures fell about 1.5% on Friday, finishing the week lower on declining Chinese demand and hopes of a...

Published 28 Jul, 2024 06:49am

Markets

Oil prices slip after US crude hub escapes serious storm damage

NEW YORK: Oil prices eased on Tuesday after traders learned that prolonged supply disruptions from Hurricane Beryl...

Published 10 Jul, 2024 03:14am

Markets

Oil prices rise after positive US economic data

LONDON: Oil futures rose on Thursday bolstered by slower than expected inflation and a stabilising U.S. job market,...

Updated 16 May, 2024 07:37pm

Markets

Oil prices gain

NEW YORK: Crude prices edged up on Wednesday from a two-month low in the prior session as the market balanced...

Published 16 May, 2024 06:28am

Markets

Oil prices rise

NEW YORK: Oil prices edged higher on Wednesday after US oil storage data showed a larger-than-expected draw in crude...

Published 09 May, 2024 03:11am

Markets

Norway oil workers agree to wage deal, averting strike

OSLO: Wage talks between Norwegian oil firms and three labour unions ended in a deal on Wednesday, industry and...

Published 08 May, 2024 10:58am

Markets

Oil slides on rising US stockpiles, strong dollar

LONDON: Oil prices fell on Wednesday as industry data showed a rise in crude and fuel inventories in the U.S. and as...

Updated 08 May, 2024 05:01pm

Markets

Oil slides as easing supply concerns overshadow ME tensions

NEW YORK: Oil prices steadied on Tuesday as easing supply concerns and signs of weakening demand countered fears of...

Published 08 May, 2024 07:33am

Markets

US crude oil production down in Jan

HOUSTON: US crude oil production dropped in January to 12.533 million barrels per day (bpd), a 6% decline from...

Published 30 Mar, 2024 06:39am

Business & Finance

Exxon-Pioneer tie up could squeeze US shale oil suppliers, pipelines

HOUSTON: Top US oil producer Exxon Mobil’s planned acquisition of the No. 1 Permian shale producer Pioneer Natural...

Published 10 Oct, 2023 06:19am

Markets

Oil climbs as risk appetite grows, focus returns to supply outlook

LONDON: Oil prices climbed $1 on Monday after suffering losses at the end of last week, as investors’ focus returned...

Updated 02 Oct, 2023 05:43pm

Markets

Oil settles lower but ends quarter up 28pc on tight supply

NEW YORK: Oil prices settled 1% lower on Friday due to macroeconomic concerns and profit taking, but rose about 30%...

Published 02 Oct, 2023 06:33am

Markets

Oil prices steady around 10-month highs

NEW YORK: The benchmark oil price was little changed on Monday, holding above the $90 a barrel reached last week for...

Published 12 Sep, 2023 06:22am

Markets

Oil edges up on prospect of extended OPEC+ supply cuts

NEW YORK: Oil prices edged higher on Monday on expectations that OPEC+ would keep supplies tight and speculation...

Updated 04 Sep, 2023 09:09pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 20	283.77
USD PKR Interbank Buying / Jun 20	283.52
USD to Japanese Yen / Jun 20	145.32
USD to Swiss Franc / Jun 20	0.82
Pound Sterling to USD / Jun 20	1.35
Euro to USD / Jun 20	1.15
UK LIBOR % / Jun 19	4.96

Stock	Volume
S&P 500 / Jun 18	5,980.87
Nasdaq / Jun 18	19,546.27
Dow Jones / Jun 18	42,171.66
India Sensex / Jun 20	82,169.24
Tokyo Nikkei / Jun 20	38,403.23
Hang Seng / Jun 20	23,530.48
FTSE 100 / Jun 20	8,829.80
Germany DAX 30 / Jun 20	23,264.83
France CAC40 / Jun 20	7,592.12

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 19	16,785
Gold 10 Grams PKR / Jun 19	307,437
Petrol/Litre / Jun 20	258.43
Crude Oil USD/Barrel / Jun 20	75.66
Gold Spot USD/Ounce / Jun 20	3,350.80
Diesel/Litre / Jun 20	262.59
Cotton US¢/pound / Jun 20	66.53

Gainers
Losers
Leaders

Stock	Price
Askari Life Assur. / Jun 20 Askari Life Assurance Company Limited(ALAC)	8.40 ▲ 1 (13.51%)
Shaheen Ins. / Jun 20 Shaheen Insurance Company Limited(SHNI)	6.10 ▲ 0.6 (10.91%)
Leather Up Ltd. / Jun 20 Leather Up Limited(LEUL)	39 ▲ 3.55 (10.01%)
Rupali polyester / Jun 20 Rupali Polyester Limited(RUPL)	24.61 ▲ 2.24 (10.01%)
Bhanero Textile / Jun 20 Bhanero Textile Mills Limited(BHAT)	880 ▲ 80 (10%)
Zahid Jee Textile / Jun 20 Zahidjee Textile Mills Limited(ZAHID)	43.66 ▲ 3.97 (10%)
J.A.Textile / Jun 20 J.A. Textile Mills Limited(JATM)	29.18 ▲ 2.65 (9.99%)
Shahzad Tex. / Jun 20 Shahzad Textile Mills Limited(SZTM)	46.57 ▲ 4.23 (9.99%)
Service Textile / Jun 20 Service Industries Textiles Limited(SERT)	23.80 ▲ 2.16 (9.98%)
Chenab Ltd (Pref) / Jun 20 Chenab Limited (Pref)(CLCPS)	3.34 ▲ 0.3 (9.87%)

Stock	Price
Dewan Mushtaq / Jun 20 Dewan Mushtaq Textile Mills Limited(DMTM)	8.88 ▼ -1.54 (-14.78%)
Mahanna Islamic Index / Jun 20 Mahanna Islamic Index Traded Fund(MIIETF)	12.91 ▼ -2.15 (-14.28%)
PIA Holding Co.B / Jun 20 PIA Holding Company Limited B(PIAHCLB)	11,153.80 ▼ -1239.3 (-10%)
Imperial Limited / Jun 20 Imperial Limited(IML)	14.21 ▼ -1.45 (-9.26%)
Pakistan Services / Jun 20 Pakistan Services Limited(PSEL)	900 ▼ -71.99 (-7.41%)
Orient Rental / Jun 20 Orient Rental Mod(ORM)	9.40 ▼ -0.7 (-6.93%)
Pakgen Power / Jun 20 Pakgen Power Limited(PKGP)	181 ▼ -11.29 (-5.87%)
Kohat Textile / Jun 20 Kohat Textile Mills Limited(KOHTM)	92.18 ▼ -4.82 (-4.97%)
Biafo Ind. / Jun 20 Biafo Industries Limited(BIFO)	163.55 ▼ -8.46 (-4.92%)
Sapphire Textile / Jun 20 Sapphire Textile Mills Limited(SAPT)	1,105 ▼ -45 (-3.91%)

Stock	Volume
Yousuf Weaving / Jun 20 Yousaf Weaving Mills Limited(YOUW)	832,746 ▲ 0.2
MACPAC Films / Jun 20 MACPAC Films Limited(MACFL)	713,026 ▲ 1.56
Pak Refinery / Jun 20 Pakistan Refinery Limited(PRL)	543,401 ▲ 0.2
WorldCall Telecom / Jun 20 Worldcall Telecom Limited(WTL)	533,325 ▲ 0.02
Invest Bank / Jun 20 Invest Capital Investment Bank Limited(ICIBL)	301,179 ▲ 0.35
Ist.Capital Sec / Jun 20 First Capital Securities Corporation(FCSC)	279,001 ▲ 0.13
Askari Life Assur. / Jun 20 Askari Life Assurance Company Limited(ALAC)	232,709 ▲ 1
PIA Holding Co.Ltd / Jun 20 PIA Holding Company Limited(PIAHCLA)	187,358 ▲ 0.5
Bunnys Limited / Jun 20 Bunnys Limited(BNL)	184,782 ▲ 2
Crescent Textile / Jun 20 The Crescent Textile Mills Limited(CRTM)	148,384 ▲ 0.54

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