Trends - WTI - Business Recorder

WTI

Mideast conflict: Oil investors rotate from WTI to Brent: Kemp

LONDON: Portfolio investors tiptoed back into the petroleum market last week, after three weeks of heavy selling, as...

Published 24 Oct, 2023 05:05am

Markets

Oil falls after Saudi pledge

NEW YORK: Oil prices fell over 2% on Wednesday as fears of disruption to supplies due to conflict in the Middle East...

Published 12 Oct, 2023 05:57am

Markets

Oil prices steady amid OPEC+ supply cut expectations

LONDON: Oil prices were stable on Monday amid expectations that major producers would keep supplies tight, as hopes...

Published 05 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

Markets

Oil steadies as China fears counter tight US supply

NEW YORK: Oil prices were little changed on Wednesday despite a large drawdown in US crude oil stocks as investors...

Published 17 Aug, 2023 03:49am

Markets

Oil down $3 as Russia downplays additional OPEC+ cuts

NEW YORK: Oil prices fell more than $3 at one point on Thursday, after Russian Deputy Prime Minister Alexander Novak...

Published 26 May, 2023 06:48am

Markets

Oil falls 1pc on recession fears

BENGALURU: Oil prices edged lower on Thursday, after scaling multi-month high levels in the previous session, ...

Published 14 Apr, 2023 05:59am

Markets

Barclays cuts 2023 oil price forecasts on resilient Russian output

Barclays cut its 2023 oil price forecasts on Wednesday, due in part to more resilient output from Russia than...

Published 08 Mar, 2023 06:55pm

Markets

Oil rebalances on stronger dollar and economic outlook

LONDON: Oil prices rebalanced on Friday after an early $1 rally as a stronger dollar and weaker economic outlook...

Updated 06 Jan, 2023 06:30pm

Markets

Oil jumps on supply risks, ongoing Keystone outage

NEW YORK: Oil prices gained more than $2 a barrel on Monday on supply jitters, as a key pipeline supplying the ...

Published 13 Dec, 2022 05:58am

Markets

Oil rises on China possibly easing Covid curbs

NEW YORK: Oil prices rose by more than 1% on Thursday on news China is considering easing Covid-19 quarantine...

Published 21 Oct, 2022 05:57am

Markets

Oil drifts lower

HOUSTON: Oil prices dipped on Friday in choppy trading but notched their first weekly gain in five on Friday,...

Published 02 Oct, 2022 05:48am

Markets

Oil little changed as markets debate fed hikes and supply woes

HOUSTON: Oil prices held steady in volatile trading on Monday, as traders balanced worries about tight supplies with...

Published 20 Sep, 2022 05:51am

Markets

Oil climbs ahead of OPEC+ meeting next week

NEW YORK: Oil prices climbed on Friday on expectations that OPEC+ will discuss output cuts at a meeting on Sept. 5,...

Updated 02 Sep, 2022 09:01pm

Markets

Oil prices slump again, hit by demand concerns

NEW YORK: Oil prices extended their slide on Wednesday, led lower by worries that the global economy would slow...

Published 01 Sep, 2022 05:50am

Oil tumbles 9pc on recession demand destruction fears

NEW YORK: Oil plummeted about 9 percent on Tuesday in the biggest daily drop since March on growing fears of a...

Updated 06 Jul, 2022 10:00am

Markets

Oil jumps to 13-week high on rising US gasoline demand

NEW YORK: Oil prices jumped about 3% to a 13-week high on Wednesday as US demand for gasoline has kept rising ...

Published 09 Jun, 2022 06:18am

Markets

Oil tops $120 a barrel on Saudi pricing despite OPEC+ deal

NEW YORK: Oil prices were largely unchanged after choppy trade on Monday, buoyed by Saudi Arabia raising its July...

Published 07 Jun, 2022 05:47am

Markets

Oil edges higher as supply still seen tight after OPEC+ hike

LONDON: Oil edged higher on Friday, supported by expectations that OPEC’s decision to increase production targets...

Published 04 Jun, 2022 04:18am

Markets

Oil edging higher supported by the prospect of a tight market

HOUSTON: Oil prices edged higher on Friday supported by the prospect of a tight market due to rising gasoline...

Published 28 May, 2022 05:11am

Markets

Oil edges higher on tight supply, surge in U.S. refining activity

NEW YORK: Oil prices rose on Wednesday, buoyed by tight supplies and as U.S. refiners drove processing activity to...

Updated 25 May, 2022 08:39pm

Markets

Oil little changed in choppy trade; US says export ban not ruled out

NEW YORK: Oil prices were little changed on Tuesday in choppy trade after the US energy secretary said Washington ...

Published 25 May, 2022 04:40am

Markets

Oil steadies as recession worry offsets higher demand outlook

HOUSTON: Oil prices were little changed on Monday, as worries over a possible recession offset an outlook for higher...

Published 24 May, 2022 05:35am

Markets

Oil steadies as economic growth worries counter supply risks

NEW YORK: Oil prices steadied on Friday, setting them on course for little change on the week, as a planned European...

Published 21 May, 2022 04:34am

Markets

Oil rebounds on China’s plans to support its economy

HOUSTON: Oil prices rebounded in volatile trading on Tuesday as the market weighed China’s plans to support its...

Published 27 Apr, 2022 05:19am

Markets

Oil falls on growth concerns, Shanghai lockdown

HOUSTON: Oil slipped on Friday, burdened by the prospect of weaker global growth, higher interest rates and COVID...

Updated 22 Apr, 2022 08:54pm

Markets

Oil rises as investors focus on lower supply from Russia, Libya

LONDON: Oil prices rose on Thursday amid concerns about supply as the European Union (EU) mulls a potential ban on...

Updated 21 Apr, 2022 09:38pm

Markets

Oil slumps 5% after IMF cuts economic growth outlook

HOUSTON: Oil prices tumbled 5% in volatile trading on Tuesday on demand concerns after the International Monetary...

Updated 19 Apr, 2022 09:55pm

Markets

Oil jumps in volatile trade amid CPC pipeline disruption

LONDON: Oil prices rose in volatile trading on Wednesday, supported by disruption to Russian and Kazakh crude...

Updated 23 Mar, 2022 08:17pm

Markets

Oil rises 1pc as OPEC+ agrees to planned output increase

NEW YORK: Oil prices rose 1% on Tuesday as OPEC+ producers agreed to stick with their planned increase for February...

Published 05 Jan, 2022 05:36am

Gainers
Losers
Leaders

Stock	Price
Kohinoor Power / Nov 28 Kohinoor Power Company Limited(KOHP)	4.88 ▲ 1.00 (25.77%)
Saritow Spinning / Nov 28 Saritow Spinning Mills Limited(SSML)	6.90 ▲ 0.90 (15.00%)
Hira Textile / Nov 28 Hira Textile Mills Limited(HIRAT)	2.25 ▲ 0.29 (14.80%)
Service Textile / Nov 28 Service Industries Textiles Limited(SERT)	10.11 ▲ 1.00 (10.98%)
Shaheen Ins. / Nov 28 Shaheen Insurance Company Limited(SHNI)	3.74 ▲ 0.29 (8.41%)
Premier Insurance / Nov 28 Premier Insurance Limited(PINL)	7.90 ▲ 0.58 (7.92%)
Saif Textile / Nov 28 Saif Textile Mills Limited(SAIF)	12.40 ▲ 0.88 (7.64%)
Calcorp / Nov 28 Calcorp Limited(CASH)	19.91 ▲ 1.39 (7.51%)
Prosperity Weav / Nov 28 Prosperity Weaving Mills Limited(PRWM)	30.64 ▲ 2.14 (7.51%)
Shakarganj / Nov 28 Shakarganj Limited(SML)	37.95 ▲ 2.65 (7.51%)

Stock	Price
F.Credit & Inv / Nov 28 First Credit and Investment Bank Limited(FCIBL)	5.53 ▼ -0.66 (-10.66%)
Pervez Ahmed Co / Nov 28 Pervez Ahmed Consultancy Services Ltd.(PASL)	0.81 ▼ -0.07 (-7.95%)
Samba Bank / Nov 28 Samba Bank Limited(SBL)	7.85 ▼ -0.66 (-7.76%)
Metro Steel / Nov 28 Metropolitan Steel Corporation Limited(MSCL)	24.97 ▼ -2.02 (-7.48%)
Indus Dyeing / Nov 28 Indus Dyeing & Manufacturing Co. Limited(IDYM)	155 ▼ -11.65 (-6.99%)
Bank of Khyber / Nov 28 The Bank of Khyber(BOK)	11 ▼ -0.80 (-6.78%)
Dawood Lawrencepur / Nov 28 Dawood Lawrencepur Limited(DLL)	225.01 ▼ -14.98 (-6.24%)
Hala Enterprise / Nov 28 Hala Enterprises Limited(HAEL)	10.75 ▼ -0.66 (-5.78%)
Bannu Woollen / Nov 28 Bannu Woollen Mills Limited(BNWM)	30.01 ▼ -1.77 (-5.57%)
Punjab Mod / Nov 28 First Punjab Modaraba(FPJM)	1.60 ▼ -0.09 (-5.33%)

Stock	Volume
Kohinoor Spining / Nov 28 Kohinoor Spinning Mills Limited(KOSM)	109,392,000 ▲ 0.20
WorldCall Telecom / Nov 28 Worldcall Telecom Limited(WTL)	45,889,478 ▲ 0.06
Treet Corp. (R) / Nov 28 Treet Corporation Limited (R)(TREETR2)	23,967,064 ▼ -0.08
Yousuf Weaving / Nov 28 Yousaf Weaving Mills Limited(YOUW)	22,758,500 ▼ -0.19
B.O.Punjab / Nov 28 The Bank of Punjab(BOP)	21,462,552 ▲ 0.27
Maple Leaf Cement / Nov 28 Maple Leaf Cement Factory Limited(MLCF)	17,865,589 ▲ 0.30
D.G.K.Cement / Nov 28 D.G. Khan Cement Company Limited(DGKC)	15,655,201 ▲ 2.76
Agritech Limited / Nov 28 Agritech Limited(AGL)	15,233,500 ▲ 0.64
Pak Elektron / Nov 28 Pak Elektron Limited(PAEL)	14,205,993 ▲ 0.04
P.I.A.C.(A) / Nov 28 Pakistan International Airlines Corp(PIAA)	13,108,000 ▼ -0.08

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 28	285.85
USD PKR Interbank Buying / Nov 28	285.35
USD to Japanese Yen / Nov 28	148.25
USD to Swiss Franc / Nov 28	0.88
Pound Sterling to USD / Nov 28	1.26
Euro to USD / Nov 28	1.10
UK LIBOR % / Nov 27	5.46

Stock	Volume
S&P 500 / Nov 27	4550.43
Nasdaq / Nov 27	14241.02
Dow Jones / Nov 27	35333.47
India Sensex / Nov 28	65983.73
Tokyo Nikkei / Nov 28	33370.40
Hang Seng / Nov 28	17485.79
FTSE 100 / Nov 28	7442.27
Germany DAX 30 / Nov 28	15941.55
France CAC40 / Nov 28	7237.40

Item	Value
Karachi Cotton PKR/37.32 KG / Nov 27	17735
Gold 10 Grams PKR / Nov 27	185614
Crude Oil USD/Barrel / Nov 28	74.99
Gold Spot USD/Ounce / Nov 28	2015.58
Cotton US¢/pound / Nov 28	79.06

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