Trends - WTI crude - Business Recorder

WTI crude

Oil slips more than 2% on fears recession may hit demand

LONDON: Oil prices dropped more than 2% on Thursday in a volatile week as recession fears dogged global financial...

Updated 12 May, 2022 03:35pm

Markets

Oil slips on uncertainty over Russia sanctions, demand in China

NEW YORK: Oil prices slid after rising earlier in the session on Thursday amid uncertainty that the euro zone will ...

Published 08 Apr, 2022 05:28am

Markets

Oil benchmarks on course for biggest weekly losses in 2 years

LONDON: Oil dipped in and out of negative territory on Friday as members of the International Energy Agency (IEA)...

Published 02 Apr, 2022 04:14am

Markets

Oil up over 2pc on tight supply, prospects of new Russia sanctions

NEW YORK: Oil prices gained over 2% on Wednesday as another US crude stock drawdown indicated tight supplies and...

Published 31 Mar, 2022 05:11am

Markets

Oil jumps 5pc as Caspian pipeline disruption adds to supply fears

• US crude stockpiles fall, output flat for 7th week in a row • Biden to meet NATO allies Thursday

Published 24 Mar, 2022 05:36am

Markets

Oil rises but set for weekly loss as traders assess supply disruptions

BENGALURU: Oil prices rose Friday but were still headed for a weekly decline as traders weighed headlines around...

Published 12 Mar, 2022 04:08am

Markets

Oil soars as Russian energy supply fears intensify

NEW YORK: Oil prices jumped on Monday as Western allies imposed more sanctions on Russia and blocked some Russian...

Published 01 Mar, 2022 05:34am

Markets

Oil prices dip after soaring

NEW YORK: Oil prices slipped Friday after sharp rises earlier in the session on concern over potential global supply...

Published 26 Feb, 2022 04:37am

Markets

Oil rises as Russia-West stand-off alarms tight market

LONDON: Oil prices rose on Monday over the stand-off between Russia and the West over Ukraine, adding to supply...

Published 22 Feb, 2022 04:43am

Markets

Oil slides 2pc as Iran talks overshadow Ukraine crisis

NEW YORK: Oil prices fell about 2% on Thursday as talks to resurrect a nuclear deal with Iran entered their final...

Published 18 Feb, 2022 04:31am

Markets

Oil hits 7-yr highs before easing as Ukraine hints at concessions

NEW YORK: Oil eased on Monday from its highest in more than seven years as Ukraine hinted at possible concessions to...

Published 15 Feb, 2022 06:45am

Markets

Oil slides 3pc from 7-year high ahead of more US-Iran talks

NEW YORK: Oil fell about 3% on Tuesday as investors worried the resumption of indirect talks between the United...

Published 09 Feb, 2022 05:46am

Top oil producers to meet amid record crude prices

LONDON: The world’s top oil-producing countries will meet on Wednesday to discuss a further increase in output,...

Updated 01 Feb, 2022 09:19am

Markets

Most Gulf bourses rebound on rising oil prices

DUBAI: Most major stock markets in the Gulf rebounded on Thursday, as oil prices touched seven-year highs on fears ...

Published 28 Jan, 2022 04:44am

Markets

Oil rises on concerns geopolitical risks could tighten supplies

NEW YORK: Oil prices rose on Tuesday on concerns supplies could become tight due to Ukraine-Russia tensions, threats...

Published 26 Jan, 2022 04:41am

Markets

Oil falls 3pc as Fed rate hike talk spooks risk markets

NEW YORK: Oil prices fell about 3% on Monday, hit by investor concerns over the possibility of quicker than expected...

Published 25 Jan, 2022 05:03am

Oil hits 7-yr highs as Mideast unrest stokes more supply jitters

NEW YORK: Oil prices on Tuesday climbed to their highest since 2014 as possible supply disruption after attacks in...

Published 19 Jan, 2022 06:15am

Markets

Oil holds near $85/bbl on stronger demand prospects

NEW YORK: Oil prices were little changed on Thursday, with Brent crude trading near $85 a barrel, buoyed by...

Published 14 Jan, 2022 07:45am

Markets

Oil rises 2pc on US crude drawdown, weaker dollar

NEW YORK: Oil prices hit two-month highs on Wednesday on tight supply as crude inventories in the United States, the...

Published 13 Jan, 2022 07:17am

Markets

Oil rises above $78 on optimism about 2022 outlook

NEW YORK: Oil rose above $78 a barrel on Monday, supported by tight supply, a strong US dollar, and hopes of a...

Published 04 Jan, 2022 06:54am

Markets

Oil prices steady as US oil inventories fall but Omicron weighs

NEW YORK: Oil prices steadied on Wednesday, after government data showed U.S. crude and fuel inventories fell last...

Published 30 Dec, 2021 04:40am

Markets

Brent near $80 as market shrugs off Omicron

NEW YORK: Oil prices extended gains on Tuesday, with Brent crude trading near $80 a barrel despite the rapid spread...

Published 29 Dec, 2021 06:57am

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 17 Dec, 2021 08:48pm

Markets

Oil drops toward $73, pressured by Omicron concerns

NEW YORK: Oil prices dropped toward $73 a barrel on Tuesday after the International Energy Agency (IEA) said the...

Published 15 Dec, 2021 06:34am

BP backs adding WTI Midland oil grade to Brent

LONDON: BP supports adding U.S. crude oil grade WTI Midland on a delivered basis to the North Sea dated Brent...

Published 07 Dec, 2021 06:29am

Markets

US oil pares gains after weekly fuel stockpiles jump

NEW YORK: West Texas Intermediate (WTI) crude oil futures pared gains on Wednesday after U.S. government data showed...

Published 02 Dec, 2021 03:57am

Markets

Oil steady as investors question reserve release

LONDON: Oil prices were steady on Wednesday as investors questioned the effectiveness of a US-led release of oil ...

Published 24 Nov, 2021 07:13pm

Markets

Oil rises 2% to one-week high after US taps emergency reserves

NEW YORK: Oil prices rose to a one-week high on Tuesday after a move by the United States and other consumer nations...

Updated 23 Nov, 2021 09:53pm

Markets

Oil prices dip after US inventory report

NEW YORK: Oil prices edged lower after US crude stocks rose modestly, one day after an industry report suggested...

Published 10 Nov, 2021 09:46pm

Markets

Oil down after API data shows US inventory build-up

LONDON: Oil prices fell on Wednesday as industry data pointed to a big build in crude oil and distillate stocks in...

Published 03 Nov, 2021 06:35pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 26 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 26 Al-Abbas Sugar Mills Limited(AABS)	270.00 ▼ 0.00 (0.00%)
Agro Allianz / May 26 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 26 Allied Bank Limited(ABL)	75.50 ▼ 0.00 (0.00%)
Abbott Lab. / May 26 Abbott Laboratories (Pakistan) Limited(ABOT)	640.70 ▼ 0.00 (0.00%)
Abson Ind. / May 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 26 Alfalah Consumer Index ETF.(ACIETF)	9.39 ▼ 0.00 (0.00%)
Attock Cement / May 26 Attock Cement Pakistan Limited(ACPL)	81.46 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 26 786 Investments Limited(786)	5.00 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 26 Al-Abbas Sugar Mills Limited(AABS)	270.00 ▼ 0.00 (0.00%)
Agro Allianz / May 26 Agro Allianz Limited(AAL)	16.00 ▼ 0.00 (0.00%)
AL-Abid Silk / May 26 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 26 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 26 Allied Bank Limited(ABL)	75.50 ▼ 0.00 (0.00%)
Abbott Lab. / May 26 Abbott Laboratories (Pakistan) Limited(ABOT)	640.70 ▼ 0.00 (0.00%)
Abson Ind. / May 26 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 26 Alfalah Consumer Index ETF.(ACIETF)	9.39 ▼ 0.00 (0.00%)
Attock Cement / May 26 Attock Cement Pakistan Limited(ACPL)	81.46 ▼ 0.00 (0.00%)

Stock	Volume

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 24	201.30
USD PKR Interbank Buying / May 24	201.10
USD to Japanese Yen / May 24	126.88
USD to Swiss Franc / May 24	0.96
Pound Sterling to USD / May 24	1.25
Euro to USD / May 24	1.07
UK LIBOR % / May 24	0.82

Stock	Volume
S&P 500 / May 24	3941.48
India Sensex / May 24	54052.61
Tokyo Nikkei / May 24	26748.14
Nasdaq / May 24	11264.45
Hang Seng / May 24	20112.10
FTSE 100 / May 24	7484.35
Dow Jones / May 24	31928.62
Germany DAX 30 / May 24	13919.75
France CAC40 / May 24	6253.14

Item	Value
Crude Oil USD/Barrel / May 24	110.54
Karachi Cotton PKR/37.32 KG / May 24	21180.00
Gold 10 Grams PKR / May 24	118500.00
Gold Spot USD/Ounce / May 24	1866.30
Cotton US¢/pound / May 24	123.78

WTI crude

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