Trends - WTI crude oil - Business Recorder

WTI crude oil

Oil prices settle down, post big weekly losses on banking fears

NEW YORK: Oil prices settled lower Friday, reversing early gains of more than $1 a barrel as banking sector fears...

Published 20 Mar, 2023 06:12am

Markets

Oil prices slump after report on UAE debating OPEC exit

LONDON: Oil prices slumped on Friday after the Wall Street Journal reported that the United Arab Emirates had an...

Updated 03 Mar, 2023 07:54pm

Markets

Oil rises on Chinese demand but European rate hike fears weigh

NEW YORK: Oil rose on Thursday on signs of a strong economic rebound in top crude importer China, but fears over the...

Updated 03 Mar, 2023 07:33am

Markets

Oil slips as rising supplies balance Chinese demand hopes

LONDON: Oil slipped on Wednesday, giving up an earlier gain, as signs of ample supply and rising US crude...

Updated 01 Mar, 2023 06:40pm

Markets

Oil rebounds about 2pc on China growth hopes

NEW YORK: Oil prices rose about 2% on Tuesday, erasing the previous session’s losses, as hopes for a strong...

Published 01 Mar, 2023 07:19am

Markets

Oil slips 1pc on worries about more US interest rate hikes

NEW YORK: Oil prices slid about 1% on Monday as strong US economic data had investors bracing for more interest rate...

Published 28 Feb, 2023 07:13am

Markets

Oil heads for weekly loss on rate hike worries, ample supply

LONDON: Oil fell about 2% on Friday and was heading for a weekly decline, pressured by concerns of more US Federal...

Updated 17 Feb, 2023 03:18pm

Markets

Oil steady on mixed US economic data

NEW YORK: Oil prices fluctuated in a narrow range on Thursday as the market weighed mixed US economic signals and...

Published 17 Feb, 2023 06:00am

Markets

Oil prices jump 2% on Russian plan to cut output

LONDON: Oil prices jumped more than 2% on Friday, heading for weekly gains, as Russia announced plans to reduce oil...

Updated 10 Feb, 2023 06:47pm

Markets

Oil prices edge higher, growth worries limit gains

LONDON: Oil prices rose on Monday from an 8% drop last week on supply concerns, but was still trading near...

Updated 06 Feb, 2023 06:00pm

Markets

Oil falls about 3pc as strong US jobs data prompt interest rate concerns

NEW YORK: Oil prices fell to over three-week lows on Friday in a volatile session, after strong US jobs data raised...

Published 06 Feb, 2023 07:17am

Markets

Oil falls more than 1% on stronger dollar, rate hike worries

LONDON: Oil prices fell by more than 1% on Tuesday, touching two-week lows on the prospect of further interest rate...

Updated 31 Jan, 2023 06:52pm

Markets

Oil slips as rate hikes loom and Russian flows stay strong

LONDON: Oil slipped on Monday as looming increases to interest rates by major central banks and signs of strong...

Published 31 Jan, 2023 06:45am

Markets

Oil edges up on expectations of tight market

LONDON: Oil futures rose slightly on Thursday, recouping losses from earlier in the session as an expected rise in...

Updated 19 Jan, 2023 08:26pm

Markets

Oil prices up 1pc to near 7-week high

NEW YORK: Oil prices rose about 1% on Wednesday to their highest since early December on a drop in the US dollar and...

Published 19 Jan, 2023 06:31am

Markets

Oil gains 2pc on optimism over global economy

NEW YORK: Oil prices rose 2 percent to a one-week high on Wednesday as hopes for an improved global economic outlook...

Published 12 Jan, 2023 06:59am

Business & Finance

Oil rises over 1pc

NEW YORK: Oil prices rose over 1% on Monday after China’s move to reopen its borders boosted the outlook for fuel...

Published 10 Jan, 2023 06:00am

Markets

Oil steadies as rate hike fears counter tighter US stockpiles

NEW YORK: Oil steadied on Thursday after hitting its highest price in two and a half weeks as the impact of tighter...

Published 23 Dec, 2022 05:54am

Oil rebounds, but still on track for biggest weekly declines

NEW YORK: Oil prices gained around a dollar on Friday, but global benchmarks were set for their biggest weekly...

Updated 10 Dec, 2022 09:59am

Markets

Oil rebounds from 2022 lows on China demand hopes, tanker delays

LONDON: Oil rebounded on Thursday after four sessions of decline, boosted by hopes that easing anti-COVID measures...

Updated 08 Dec, 2022 03:23pm

Oil prices slump to pre-Ukraine crisis levels

NEW YORK: US oil prices fell in frenzied trading on Tuesday to their lowest settlement levels this year, with Brent...

Updated 07 Dec, 2022 09:52am

Oil prices fall on economic fears, dollar strength

Markets

Opinion

Gas crisis fears recede for now as Europe stockpiles

With prices falling and ports clogged with liquefied natural gas tankers, fears of a winter heating crisis in Europe...

Published 01 Nov, 2022 05:55am

Gainers
Losers
Leaders

Stock	Price
Trust Mod. / Mar 22 Trust Modaraba(TRSM)	1.55 ▲ 0.33 (27.05%)
Pak Gulf Leasing / Mar 22 Pak-Gulf Leasing Company Limited(PGLC)	6.20 ▲ 0.55 (9.73%)
Premier Insurance / Mar 22 Premier Insurance Limited(PINL)	6.80 ▲ 0.55 (8.80%)
Hala Enterprise / Mar 22 Hala Enterprises Limited(HAEL)	6.90 ▲ 0.53 (8.32%)
Bal. Wheel / Mar 22 Baluchistan Wheels Limited(BWHL)	61.38 ▲ 4.28 (7.50%)
Khyber Tex. / Mar 22 Khyber Textile Mills Limited(KHYT)	276.84 ▲ 19.31 (7.50%)
Pak Tobacco / Mar 22 Pakistan Tobacco Company Limited(PAKT)	717.60 ▲ 50.05 (7.50%)
Shield Corp. / Mar 22 Shield Corporation Limited(SCL)	227.90 ▲ 15.90 (7.50%)
Sapphire Fibres / Mar 22 Sapphire Fibres Limited(SFL)	954.79 ▲ 66.61 (7.50%)
Towellers Ltd. / Mar 22 Towellers Limited(TOWL)	219.35 ▲ 15.30 (7.50%)

Stock	Price
Jubilee Spinning / Mar 22 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	2.92 ▼ -0.49 (-14.37%)
Saritow Spinning / Mar 22 Saritow Spinning Mills Limited(SSML)	4.18 ▼ -0.39 (-8.53%)
First Pak Mod. / Mar 22 First Pak Modaraba(PAKMI)	1.40 ▼ -0.12 (-7.89%)
Samba Bank / Mar 22 Samba Bank Limited(SBL)	7 ▼ -0.60 (-7.89%)
Dawood Equities / Mar 22 Dawood Equities Limited(DEL)	3.81 ▼ -0.32 (-7.75%)
Engro Poly(Pref / Mar 22 Engro Poly(Pref)(EPCLPS)	11.98 ▼ -1.00 (-7.70%)
Siddiqsons Tin / Mar 22 Siddiqsons Tin Plate Limited(STPL)	6.30 ▼ -0.52 (-7.62%)
Balochistan Glass / Mar 22 Balochistan Glass Limited(BGL)	12.30 ▼ -1.00 (-7.52%)
S.S.Oil / Mar 22 S.S.Oil Mills Limited(SSOM)	99.30 ▼ -8.05 (-7.50%)
Pakistan Services / Mar 22 Pakistan Services Limited(PSEL)	1188 ▼ -95.90 (-7.47%)

Stock	Volume
Fauji Cement / Mar 22 Fauji Cement Company Limited(FCCL)	17,466,000 ▼ -0.15
WorldCall Telecom / Mar 22 Worldcall Telecom Limited(WTL)	11,070,759 ▼ -0.01
Thatta Cement / Mar 22 Thatta Cement Company Limited(THCCL)	9,211,500 ▼ -0.26
Fauji Foods Ltd / Mar 22 Fauji Foods Limited(FFL)	7,739,024 ▼ -0.07
Ghani Glo Hol / Mar 22 Ghani Global Holdings Limited(GGL)	5,924,540 ▼ -0.65
Telecard Limited / Mar 22 Telecard Limited(TELE)	5,534,500 ▼ -0.49
Cnergyico PK / Mar 22 Cnergyico PK Limited(CNERGY)	4,848,036 ▼ -0.11
Unity Foods Ltd / Mar 22 Unity Foods Limited(UNITY)	4,691,640 ▼ -0.61
Pak Elektron / Mar 22 Pak Elektron Limited(PAEL)	4,522,500 ▼ -0.47
Hascol Petrol / Mar 22 Hascol Petroleum Limited(HASCOL)	4,470,500 ▼ -0.28

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 22	285.50
USD PKR Interbank Buying / Mar 22	283.20
USD to Japanese Yen / Mar 22	132.42
USD to Swiss Franc / Mar 22	0.92
Pound Sterling to USD / Mar 22	1.22
Euro to USD / Mar 22	1.08
UK LIBOR % / Mar 21	4.56

Stock	Volume
S&P 500 / Mar 21	4002.87
Nasdaq / Mar 21	11860.11
Dow Jones / Mar 21	32560.60
India Sensex / Mar 22	58214.59
Tokyo Nikkei / Mar 22	27466.61
Hang Seng / Mar 22	19591.43
FTSE 100 / Mar 22	7515.89
Germany DAX 30 / Mar 22	15179.43
France CAC40 / Mar 22	7097.16

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 21	19235
Gold 10 Grams PKR / Mar 21	177726
Crude Oil USD/Barrel / Mar 22	69.01
Gold Spot USD/Ounce / Mar 22	1940.41
Cotton US¢/pound / Mar 22	77.98

WTI crude oil

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