Trends - WTI crude - Business Recorder

WTI crude

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

LONDON: Oil prices edged higher on Friday, a day after sinking 5% to a four month-low on growing worries about...

Updated 17 Nov, 2023 05:22pm

Business & Finance

Oil prices hit 4-month low on concerns about US, Chinese economy

NEW YORK: Oil prices dropped more than 5% on Thursday to their lowest in four months, as investors worried about...

Published 17 Nov, 2023 06:06am

Markets

Oil tumbles on big US crude stocks build, record

HOUSTON: Oil prices fell on Wednesday on a bigger-than-expected rise in US crude inventories and record production ...

Published 16 Nov, 2023 05:39am

Markets

Oil up as IEA lifts demand growth forecast, US inflation cools

NEW YORK: Oil prices rose about 1% to a one-week high after the International Energy Agency (IEA) boosted its demand...

Published 15 Nov, 2023 06:09am

Markets

Oil rises more than $1 on fears of spread of Middle East conflict

SINGAPORE: Oil prices rose by over $1 on Friday as reports that the U.S military struck Iranian targets in Syria...

Published 27 Oct, 2023 09:46am

Markets

Oil falls after US stockpiles climb, Middle East tensions in focus

SINGAPORE: Oil prices fell on Thursday after a rise in US crude stockpiles and a climb in the dollar index, giving...

Updated 26 Oct, 2023 12:41pm

Opinion

Markets roll back fears of big ground invasion

A recent Bloomberg report notes: Asked on Friday whether Israel should delay the ground operation, President Joe...

Updated 26 Oct, 2023 06:34am

Markets

Oil up as demand fears counter ME conflict

NEW YORK: Oil prices rose about 1% on Wednesday on worries about the conflict in the Middle East escalating. ...

Published 26 Oct, 2023 06:08am

Markets

Oil prices end mixed as Venezuela sanctions ease

HOUSTON Oil prices were little changed on Thursday as the United States eased sanctions on Venezuela to allow more...

Published 20 Oct, 2023 05:17am

Markets

Oil up on big US crude storage draw, Middle East tension

NEW YORK: Oil prices climbed about 2% to a two-week high on Wednesday on a bigger-than-expected US storage draw and...

Published 19 Oct, 2023 05:10am

Markets

Oil prices fall ahead of Biden Middle East trip

NEW YORK: Oil prices edged lower on Tuesday as investors wait to see if US diplomatic efforts and a trip by ...

Published 18 Oct, 2023 06:09am

Markets

Oil prices fall below $90 a barrel on report of US-Venezuela deal

HOUSTON: Oil futures fell on Monday on a report the US and Venezuela could soon reach a deal to ease sanctions on...

Updated 17 Oct, 2023 08:19am

Markets

Oil prices dive

NEW YORK: Oil prices tumbled by more than 4% on Wednesday following reports that Russia may lift its diesel ban in...

Published 05 Oct, 2023 06:23am

Markets

Oil steadies amid strong US dollar, mixed supply cues

LONDON: Oil prices were little changed on Tuesday, after falling to a three-week low in the previous session, amid a...

Updated 03 Oct, 2023 08:07pm

Markets

Oil settles lower but ends quarter up 28pc on tight supply

NEW YORK: Oil prices settled 1% lower on Friday due to macroeconomic concerns and profit taking, but rose about 30%...

Published 02 Oct, 2023 06:33am

Markets

WTI price surge shuts arbitrage oil flows from US to Europe, Asia

SINGAPORE: A sudden surge in U.S. West Texas Intermediate crude prices that pulled Brent higher has shut off...

Published 19 Sep, 2023 04:29pm

Markets

Oil prices continue to rally on tight supply

LONDON: Global oil benchmark Brent crude hovered above $94 a barrel on Monday, with investors focused on the...

Updated 18 Sep, 2023 04:58pm

Markets

Oil set for another weekly gain on tight supply and China optimism

LONDON: Oil was on track for a third weekly gain as supply tightness spearheaded by Saudi Arabian production cuts...

Updated 15 Sep, 2023 07:16pm

Markets

Oil hits 2023 highs on tight supply outlook

LONDON: Oil rebounded on Thursday, with Brent crude topping $93 a barrel for the first time this year, as...

Updated 14 Sep, 2023 05:24pm

Markets

Oil steadies as supply cuts face surprise US crude stockbuild

NEW YORK: Oil prices were near flat on Wednesday, after earlier hitting a 10-month high, as a surprise build in US...

Published 14 Sep, 2023 06:07am

Markets

Oil prices rise to 9-month high

NEW YORK: Oil prices gained almost 1% to a nine-month high on Friday on rising US diesel futures and worries about...

Published 11 Sep, 2023 06:32am

Markets

Oil ticks higher as tight supply trumps macroeconomic gloom

LONDON: Oil prices hovered above $90 a barrel on Friday, on track to end the week higher as investors chose to focus...

Updated 08 Sep, 2023 05:26pm

Markets

Oil falls below $90 as markets shuffle back from supply jitters

NEW YORK: Oil prices fell below $90 a barrel on Wednesday, after rising over 1% the previous session, on a stronger...

Updated 06 Sep, 2023 09:29pm

Markets

Oil jumps as Saudi Arabia and Russia extend supply cuts to end-2023

LONDON: Oil prices jumped about 2% on Tuesday after Saudi Arabia and Russia announced a fresh extension to their...

Updated 05 Sep, 2023 07:05pm

Markets

Oil steadies as supply concerns counter macroeconomic jitters

LONDON: Oil prices were little changed on Tuesday as investors weighed supply concerns from a hurricane hurtling...

Updated 29 Aug, 2023 08:39pm

Markets

Oil steadies as China moves to support economy, tropical storm in focus

LONDON: Oil was little changed on Monday after China took steps to bolster its flagging economy, though investors...

Updated 28 Aug, 2023 05:24pm

Markets

Oil up 1pc to one-week high on soaring US diesel prices

NEW YORK: Oil futures climbed about 1 percent to a one-week high on Friday as US diesel prices soared, the number of...

Published 28 Aug, 2023 06:27am

Markets

Oil slips, US Fed chief’s speech in spotlight

LONDON: Oil prices slipped on Thursday on disappointing economic data from key economies, with investors awaiting a...

Updated 24 Aug, 2023 07:17pm

Markets

Oil slides on grim manufacturing data

LONDON: Oil prices slid more than 1% on Wednesday as gloomy global manufacturing data grabbed attention ahead of an...

Updated 23 Aug, 2023 05:37pm

Markets

Oil prices dip

NEW YORK: Oil prices fell slightly on Tuesday as investors remained focused on the likelihood that China’s ...

Published 23 Aug, 2023 05:50am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 9	278.20
USD PKR Interbank Buying / May 9	278
USD to Japanese Yen / May 9	155.57
USD to Swiss Franc / May 9	0.91
Pound Sterling to USD / May 9	1.25
Euro to USD / May 9	1.07

Stock	Volume
S&P 500 / May 8	5187.67
Nasdaq / May 8	16302.76
FTSE 100 / May 8	8354.05
Dow Jones / May 8	39056.39
Germany DAX 30 / May 8	18498.38
France CAC40 / May 8	8131.41
India Sensex / May 9	72965.17
Tokyo Nikkei / May 9	38260.75

Item	Value
Karachi Cotton PKR/37.32 KG / May 7	19935
Gold 10 Grams PKR / May 8	205075
Petrol/Litre / May 9	288.49
Crude Oil USD/Barrel / May 9	79.44
Gold Spot USD/Ounce / May 9	2318.17
Diesel/Litre / May 9	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 9 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 9 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 9 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 9 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 9 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 9 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 9 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 9 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 9 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 9 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 9 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 9 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 9 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 9 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 9 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 9 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 9 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 9 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 9 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 9 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 9 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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