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WTI

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

Markets

Oil prices rise about 3pc as Omicron concern eases

NEW YORK: Oil prices rose around 3% on Monday due to hopes that the Omicron coronavirus variant will have a limited...

Published 28 Dec, 2021 03:54am

Markets

Oil prices rise on inventory drawdown, though Omicron caution lingers

NEW YORK: Oil prices rose on Wednesday on fears of tight supply and a drawdown in U.S. inventories, despite worries...

Published 23 Dec, 2021 04:23am

Markets

Oil prices plunge as Omicron’s rapid spread dims fuel demand outlook

NEW YORK: Oil prices slumped more than 4% on Monday as surging cases of the Omicron coronavirus variant in Europe ...

Published 21 Dec, 2021 04:14am

Markets

Oil prices on track for weekly loss on Omicron uncertainty

LONDON: Oil prices dipped on Friday, putting the market on track for a weekly loss, as surging cases of the Omicron...

Published 18 Dec, 2021 04:33am

Markets

Oil prices on track for biggest weekly gain since August

LONDON: Oil prices were on track for their biggest weekly gain since late August, with market sentiment buoyed by...

Published 11 Dec, 2021 04:12am

Markets

ICE says new Midland WTI futures contract to go live in late January

LONDON: Intercontinental Exchange (ICE) said on Wednesday its new contract, Midland WTI American Gulf Coast ...

Published 09 Dec, 2021 04:29am

Markets

Oil dips, focus on OPEC+ response to US-led oil

LONDON: Oil prices dipped in thin trading on Thursday, the US Thanksgiving holiday, as investors eyed how major...

Published 26 Nov, 2021 05:15am

Markets

Oil dives over 2pc

NEW YORK: Oil prices fell on Friday below $80 a barrel as surging COVID-19 cases in Europe threatened to slow the...

Published 20 Nov, 2021 03:58am

Markets

Oil prices mixed on tight inventories, demand worries

NEW YORK: Oil prices were little changed on Tuesday, as prospects of tight inventories across the globe were offset...

Published 17 Nov, 2021 04:22am

Markets

Oil prices reach multi-year highs on tight supply

NEW YORK: Oil prices reached multi-year highs on Monday before steadying, as tight global supply and strengthening...

Published 26 Oct, 2021 04:39am

Markets

Oil cools off highs as leaders' comments reignite Covid fears

NEW YORK: Oil prices pulled back from multi-year highs on Friday, as Germany's chancellor and the US Federal Reserve...

Published 23 Oct, 2021 04:01am

Markets

Oil prices scale $85/bbl on back of supply deficit

LONDON: Oil prices jumped to a three-year high above $85 a barrel on Friday, on forecasts of a supply deficit over...

Published 16 Oct, 2021 04:49am

Markets

Oil heads for third straight week of gains as supply tightens

Brent set to close at highest since October 2018
NY ULSD futures hit highest in almost three years
India's crude imports at three-month peak in August
Iran says it will return to talks on nuclear deal soon

Published 24 Sep, 2021 09:22pm

Business & Finance

Oil rises on declining inventories and weaker dollar

Brent crude was up 30 cents, or 0.4%, at $71.89 a barrel by 0917 GMT and WTI crude rose 28 cents, or 0.4%, to $68.87

Published 02 Sep, 2021 03:31pm

Markets

Oil heads for biggest weekly gains in over a year ahead of Storm Ida

NEW YORK: Oil prices rose more than 2% on Friday and were on track for their biggest weekly gains in over a year as...

Published 28 Aug, 2021 03:54am

Markets

Oil heads for 7pc weekly slide as the Delta variant spreads

NEW YORK: Oil prices fell for a seventh straight session on Friday towards three-month lows as investors became less...

Published 21 Aug, 2021 04:21am

Markets

Oil prices steady after weak Asian data

NEW YORK: Oil prices were broadly stable on Tuesday, recouping some losses incurred earlier in the session on the...

Published 18 Aug, 2021 04:00am

Markets

Oil slumps 4pc on concerns over demand and OPEC supply boost

NEW YORK: Oil prices tumbled about 4% on Monday as weak economic data from China and the United States, the ...

Published 03 Aug, 2021 04:35am

Markets

Oil rises as US supplies tighten, dollar weakens

NEW YORK: Oil prices rose on Thursday, with global benchmark Brent topping $75 a barrel, as supplies in the United...

Published 30 Jul, 2021 05:10am

Markets

Oil prices rise on signs of tightening supplies

Demand seen outstripping supply in second half of year
US inventories rise for first time since May

Updated 22 Jul, 2021 06:12pm

Markets

Oil prices extend losses on expected supply increase

Saudi Arabia and UAE reach compromise on oil supply.
US crude stockpiles fall for eighth week –EIA.
US fuel stocks rose despite reduced refinery output –EIA.
Iran nuclear talks unlikely until mid-August –source.
China June crude throughput hit record high.

Published 15 Jul, 2021 05:26pm

Markets

Oil extend gains on prospects of tighter supply as OPEC+ talks called off

Brent crude climbed 32 cents, or 0.4%, to $77.48 a barrel by 0408 GMT, after gaining 1.3% on Monday

Published 06 Jul, 2021 10:48am

Markets

Oil declines but on track for fifth weekly gain on strong demand

Summer driving season underpins market recovery
OPEC+ meeting on July 1, seen cautious with easing output cuts

Published 25 Jun, 2021 05:34pm

Markets

Oil climbs as draw in US crude stocks boosts optimism about demand

US crude, gasoline stockpiles slump last week
Iran says U.S. 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 08:33am

Gainers
Losers
Leaders

Stock	Price
B. F. Mod. / May 20 B.F. Modaraba(BFMOD)	6.00 ▲ 1.00 (20.00%)
Pak Gulf Leasing / May 20 Pak-Gulf Leasing Company Limited(PGLC)	6.00 ▲ 1.00 (20.00%)
Silk Bank Ltd / May 20 Silkbank Limited(SILK)	1.24 ▲ 0.16 (14.81%)
Paramount Mod / May 20 First Paramount Modaraba(FPRM)	8.00 ▲ 1.00 (14.29%)
Service Textile / May 20 Service Industries Textiles Limited(SERT)	10.90 ▲ 0.90 (9.00%)
Ruby Tex. / May 20 Ruby Textile Mills Limited(RUBY)	4.00 ▲ 0.30 (8.11%)
Aisha Steel Mill / May 20 Aisha Steel Mills Limited(ASL)	11.85 ▲ 0.86 (7.83%)
First Imrooz Mod. / May 20 First Imrooz Modaraba(FIMM)	134.38 ▲ 9.37 (7.50%)
Janana D Mal / May 20 Janana De Malucho Textile Mills Limited(JDMT)	55.04 ▲ 3.84 (7.50%)
Sapphire Textile / May 20 Sapphire Textile Mills Limited(SAPT)	1004.55 ▲ 70.05 (7.50%)

Stock	Price
East West Ins. / May 20 East West Insurance Company Limited(EWIC)	77.07 ▲ -12.49 (-13.95%)
Pak. P.V.C. / May 20 Pakistan PVC Limited(PPVC)	4.32 ▲ -0.42 (-8.86%)
Trust Mod. / May 20 Trust Modaraba(TRSM)	1.66 ▲ -0.14 (-7.78%)
Crescent Cotton / May 20 Crescent Cotton Mills Limited(CCM)	46.25 ▲ -3.75 (-7.50%)
Gatron Ind. / May 20 Gatron (Industries) Limited(GATI)	415.10 ▲ -33.65 (-7.50%)
AL-Noor Sugar / May 20 Al-Noor Sugar Mills Limited(ALNRS)	61.86 ▲ -5.01 (-7.49%)
Frontier Ceram / May 20 Frontier Ceramics Limited(FRCL)	29.60 ▲ -2.39 (-7.47%)
S.G.Power / May 20 S.G. Power Limited(SGPL)	4.45 ▲ -0.35 (-7.29%)
Imperial Limited / May 20 Imperial Limited(IML)	13.95 ▲ -1.06 (-7.06%)
Pace (Pak) Ltd. / May 20 Pace (Pakistan) Limited(PACE)	2.99 ▲ -0.22 (-6.85%)

Stock	Volume
Ghani Glo Hol / May 20 Ghani Global Holdings Limited(GGL)	15,051,376 ▼ 0.00
WorldCall Telecom / May 20 Worldcall Telecom Limited(WTL)	13,323,000 ▼ 0.00
Silk Bank Ltd / May 20 Silkbank Limited(SILK)	13,067,500 ▼ 0.00
Telecard Limited / May 20 Telecard Limited(TELE)	9,576,000 ▼ 0.00
Cnergyico PK / May 20 Cnergyico PK Limited(CNERGY)	7,490,536 ▼ 0.00
Fauji Cement / May 20 Fauji Cement Company Limited(FCCL)	6,985,000 ▼ 0.00
Unity Foods Ltd / May 20 Unity Foods Limited(UNITY)	6,435,098 ▼ 0.00
Engro Polymer / May 20 Engro Polymer & Chemicals Limited(EPCL)	5,808,622 ▼ 0.00
Pak Int.Bulk / May 20 Pakistan International Bulk Terminal(PIBTL)	5,229,500 ▼ 0.00
Pak Elektron / May 20 Pak Elektron Limited(PAEL)	5,056,000 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 19	199.00
USD PKR Interbank Buying / May 19	198.80
USD to Japanese Yen / May 19	128.45
USD to Swiss Franc / May 19	0.99
Pound Sterling to USD / May 19	1.23
Euro to USD / May 19	1.05
UK LIBOR % / May 19	0.82

Stock	Volume
S&P 500 / May 19	3923.68
India Sensex / May 19	54208.53
Tokyo Nikkei / May 19	26205.29
Nasdaq / May 19	11418.16
Hang Seng / May 19	20041.14
FTSE 100 / May 19	7438.09
Dow Jones / May 19	31490.07
Germany DAX 30 / May 19	14007.76
France CAC40 / May 19	6352.94

Item	Value
Crude Oil / May 19	110.10
Karachi Cotton Assoc. / May 19	21180.00
Gold 10 Grams / May 19	113300.00
Gold Spot / May 19	1815.89
Cotton / May 19	128.99

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