Trends - WTI crude oil - Business Recorder

WTI crude oil

Oil perks up after sharp week-long selloff on supply, demand concerns

LONDON: Global oil benchmark Brent remained stuck below $80 a barrel on Friday, but recouped some losses a day after...

Published 18 Nov, 2023 06:03am

Markets

Oil edges higher as further ECB rate hikes unlikely

HOUSTON: Oil prices edged higher on Tuesday as a drop in euro zone inflation buoyed hopes that the European Central...

Updated 31 Oct, 2023 09:50pm

Markets

Oil falls over 3% as concerns about Mideast supply ease

HOUSTON: Oil slipped more than 3% on Monday with U.S. crude oil futures falling more than $3 a barrel as fears eased...

Updated 30 Oct, 2023 09:03pm

Markets

Oil prices up 3pc

NEW YORK: Oil prices climbed about 3% to a one-week high on Friday on worries that tensions in Israel and Gaza could...

Updated 28 Oct, 2023 06:34am

Markets

Oil prices edge higher as economic outlook balances tight supply

NEW YORK: Oil prices edged higher on Tuesday after reaching a two-week low earlier in the session, as investors...

Updated 26 Sep, 2023 08:44pm

Markets

Oil prices edge lower as Russia eases fuel export ban

NEW YORK: Oil prices edged lower in choppy trade on Monday as Russia relaxed its fuel ban, after earlier gains on a...

Updated 25 Sep, 2023 07:58pm

Markets

Oil ends week lower as demand concerns face Russia supply

HOUSTON: Oil prices held steady on Friday but closed the week lower on profit-taking and as markets weighed supply...

Published 25 Sep, 2023 06:34am

Markets

Oil prices rise as Russia fuel export ban stokes supply concerns

LONDON: Oil prices rose on Friday as renewed global supply concerns from Russia’s fuel export ban counteracted...

Updated 22 Sep, 2023 05:49pm

Markets

Oil little changed ahead of US Fed rate decision

NEW YORK: Oil prices were little changed on Wednesday ahead of the U.S. Federal Reserve’s interest rate decision,...

Updated 20 Sep, 2023 09:01pm

Markets

Oil prices extend multi-month highs on supply concerns

LONDON: Oil prices extended 10-month highs on Wednesday, driven by expectations that crude supply will remain tight...

Updated 13 Sep, 2023 05:01pm

Markets

Oil prices spike on tight supplies and upbeat OPEC

LONDON: Oil prices jumped by about 1% on Tuesday, boosted by a tighter supply outlook and OPEC optimism over the...

Updated 12 Sep, 2023 08:22pm

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 drops over 1% on worries about Chinese economy

NEW YORK: Oil prices fell over 1% on Tuesday on sluggish Chinese economic data coupled with fears that Beijing’s...

Updated 15 Aug, 2023 08:33pm

Markets

Oil dips further as China worries counter supply cuts

HOUSTON: Oil prices dipped on Monday as concerns about China’s faltering economic recovery and a stronger dollar...

Published 15 Aug, 2023 06:30am

Markets

Oil slips as China worries, stronger dollar weigh

LONDON: Oil prices slipped about 1% on Monday as concerns about China’s faltering economic recovery and a stronger...

Updated 14 Aug, 2023 06:15pm

Markets

Oil steadies ahead of US inflation data

LONDON: Oil prices stabilised on Thursday as investor caution dominated ahead of inflation data expected to offer...

Updated 10 Aug, 2023 05:15pm

Markets

Oil dips but on track for fifth week of gains

NEW YORK: Oil prices edged lower on Friday, but were on track for a fifth straight week of gains as investors were...

Published 31 Jul, 2023 06:43am

Markets

Oil futures up 3pc on strong China refinery data

HOUSTON: Oil prices gained about 3 % to a one-week high on Thursday as the US dollar weakened and data showed a jump...

Published 16 Jun, 2023 06:27am

Markets

Oil steady as markets debate U.S. crude stocks build ahead of Fed rate decision

HOUSTON: Oil prices were little changed on Wednesday, giving up early gains, as markets weighed an unexpected, large...

Updated 14 Jun, 2023 09:40pm

Markets

Oil posts second weekly decline as demand concerns overshadow Saudi cut

BENGALURU: Oil prices fell more than a dollar a barrel on Friday to record a second straight weekly decline, as...

Published 12 Jun, 2023 06:26am

Markets

Oil rises as Saudi cut supports and focus turns to Fed

LONDON: Oil rose on Thursday as tighter supply resulting from Saudi Arabia’s pledged production cut and a potential...

Updated 08 Jun, 2023 06:03pm

Markets

Oil prices higher as Saudi output cuts overshadow weak signals

HOUSTON: Oil prices climbed over 1% on Wednesday as Saudi Arabia’s surprise weekend pledge to deepen output cuts...

Published 08 Jun, 2023 06:30am

Business & Finance

Investors ignore OPEC+ to focus on consumption outlook: Kemp

LONDON: Portfolio investors had become increasingly bearish about the outlook for oil prices in the run up to the...

Published 06 Jun, 2023 05:33am

Markets

Oil gains 2pc after US debt deal and jobs data

NEW YORK: Oil prices rose about 2% on Friday after the US Congress passed a debt ceiling deal that averted a...

Published 05 Jun, 2023 03:27am

Markets

China’s April crude oil imports fall to lowest since January

BEIJING: China’s crude oil imports fell in April to the lowest level since January, customs data showed on Tuesday,...

Published 09 May, 2023 09:22am

Business & Finance

Oil prices jump but still on track for third weekly fall

HOUSTON: Oil prices jumped on Friday but were set for a third straight week of losses after sharp declines earlier ...

Published 06 May, 2023 06:43am

Markets

Australian shares eye worst week since March as financial stocks drag

Australian shares fell for a fourth straight session on Friday, with financials leading the declines, as investors...

Published 05 May, 2023 09:38am

Markets

Oil prices jump but still on track for third weekly fall

HOUSTON: Oil prices jumped on Friday but were set for a third straight week of losses after sharp declines earlier...

Updated 05 May, 2023 08:59pm

Markets

Oil up slightly after smaller ECB hike

NEW YORK: Oil prices rose on Thursday after the European Central Bank (ECB) decided to slow the pace of its interest...

Published 05 May, 2023 06:44am

Markets

Oil steady after smaller ECB hike, demand concerns linger

LONDON: Oil prices were stable after the European Central Bank (ECB) decided on Thursday to slow interest rate...

Updated 04 May, 2023 07:34pm

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	5.85 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▼ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	85.40 ▼ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▼ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▼ 0.00 (0.00%)
Attock Cement / Dec 3 Attock Cement Pakistan Limited(ACPL)	96.07 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Dec 3 786 Investments Limited(786)	5.85 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Dec 3 Al-Abbas Sugar Mills Limited(AABS)	501.13 ▲ 0.00 (0.00%)
Agro Allianz / Dec 3 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Dec 3 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Dec 3 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Dec 3 Allied Bank Limited(ABL)	85.40 ▲ 0.00 (0.00%)
Abbott Lab. / Dec 3 Abbott Laboratories (Pakistan) Limited(ABOT)	481.25 ▲ 0.00 (0.00%)
Abson Ind. / Dec 3 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Dec 3 Alfalah Consumer Index ETF.(ACIETF)	10.53 ▲ 0.00 (0.00%)
Attock Cement / Dec 3 Attock Cement Pakistan Limited(ACPL)	96.07 ▲ 0.00 (0.00%)

Stock	Volume
Maple Leaf Cement / Dec 3 Maple Leaf Cement Factory Limited(MLCF)	43,072,746 ▲ 0.00
Pak Elektron / Dec 3 Pak Elektron Limited(PAEL)	39,797,114 ▲ 0.00
Fauji Fert Bin / Dec 3 Fauji Fertilizer Bin Qasim Limited(FFBL)	27,568,000 ▲ 0.00
Fauji Cement / Dec 3 Fauji Cement Company Limited(FCCL)	27,255,000 ▲ 0.00
Hum Network / Dec 3 Hum Network Limited(HUMNL)	22,004,000 ▲ 0.00
WorldCall Telecom / Dec 3 Worldcall Telecom Limited(WTL)	17,256,413 ▲ 0.00
D.G.K.Cement / Dec 3 D.G. Khan Cement Company Limited(DGKC)	14,240,764 ▲ 0.00
Air Link Com. / Dec 3 Air Link Communication Limited(AIRLINK)	13,542,140 ▲ 0.00
Dewan Cement / Dec 3 Dewan Cement Limited(DCL)	12,062,500 ▲ 0.00
K-Electric Ltd. / Dec 3 K-Electric Limited(KEL)	10,296,343 ▲ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 1	285.15
USD PKR Interbank Buying / Dec 1	284.95
USD to Japanese Yen / Dec 1	146.82
USD to Swiss Franc / Dec 1	0.87
Pound Sterling to USD / Dec 1	1.27
Euro to USD / Dec 1	1.09
UK LIBOR % / Dec 1	5.46

Stock	Volume
S&P 500 / Dec 1	4594.63
India Sensex / Dec 1	67481.19
Tokyo Nikkei / Dec 1	33431.51
Nasdaq / Dec 1	14305.03
Hang Seng / Dec 1	16830.30
FTSE 100 / Dec 1	7529.35
Dow Jones / Dec 1	36245.50
Germany DAX 30 / Dec 1	16397.52
France CAC40 / Dec 1	7346.15

Item	Value
Crude Oil USD/Barrel / Dec 1	74.07
Karachi Cotton PKR/37.32 KG / Dec 1	17235
Gold 10 Grams PKR / Dec 1	189043
Gold Spot USD/Ounce / Dec 1	2072.22
Cotton US¢/pound / Dec 1	79.42

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