Trends - WTI price - Business Recorder

WTI price

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 steadies near $80 after US taps emergency reserves

LONDON: Oil prices steadied near $80 a barrel on Tuesday after the United States announced plans to release up to 50...

Published 23 Nov, 2021 06:21pm

Markets

Oil prices retreat in face of supply and demand pressures

LONDON: Oil prices fell on Monday as rising COVID-19 cases in Europe and a potential release of Japanese oil ...

Updated 22 Nov, 2021 05:32pm

Markets

Oil drops below $80 on European COVID concerns

LONDON: Oil prices dropped below $79 a barrel on Friday as a fresh surge in COVID-19 cases in Europe threatened to...

Published 19 Nov, 2021 05:46pm

Markets

Oil near six-week low as China readies crude reserve release

LONDON: Oil prices slid to six-week lows on Thursday before recovering some ground, as China said it was moving to...

Published 18 Nov, 2021 04:09pm

Markets

Oil prices slide as China readies release of crude from strategic reserves

TOKYO: Oil prices fell on Thursday, adding to an overnight plunge as China said it was moving to release reserves...

Published 18 Nov, 2021 09:48am

Markets

Oil drops on oversupply warnings, rising COVID-19 cases

LONDON: Oil prices fell on Wednesday after the International Energy Agency (IEA) and OPEC warned of impending...

Published 17 Nov, 2021 08:11pm

Markets

Oil prices head for weekly dip as dollar firms

LONDON: Oil prices fell on Friday, wiping out gains from the previous session as the dollar continued to firm on...

Published 12 Nov, 2021 05:20pm

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 approaches $84 as lifting of US travel ban boosts demand

LONDON: Oil rose towards $84 a barrel on Tuesday, gaining for a third session, as the US lifting of travel...

Published 09 Nov, 2021 05:08pm

Markets

Oil gains after US infrastructure bill, plans to address prices

LONDON: Oil prices rose on Monday as positive signs for global economic growth supported the outlook for energy...

Published 08 Nov, 2021 06:26pm

Markets

Oil prices rise 2% ahead of OPEC+ meeting

LONDON: Oil prices rose more than 2% on Thursday, lifted by expectations that OPEC and its allies will stick to slow...

Published 04 Nov, 2021 04:56pm

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

Markets

Oil falls further below $85, US inventories and OPEC+ in view

LONDON: Oil fell further below $85 a barrel on Tuesday, but it was still not far from a three-year high in choppy...

Updated 02 Nov, 2021 06:06pm

Markets

Oil rises on demand outlook despite China fuel reserves release

NEW YORK: Oil prices rose sharply on Monday as expectations of strong demand and a belief that a key producer group...

Published 02 Nov, 2021 05:20am

Markets

Oil rises on demand outlook, despite China fuel reserves release

LONDON: Oil prices rose sharply on Monday as expectations of strong demand and a belief that a key producer group...

Published 01 Nov, 2021 06:49pm

Markets

Oil slips towards $84, heads for weekly drop as supply concerns ease

LONDON: Oil slipped towards $84 a barrel on Friday, heading for its first weekly loss in about two months after a...

Updated 29 Oct, 2021 07:01pm

Markets

Oil drops 1% as US stockpiles sap rally

LONDON: Oil prices fell on Wednesday after industry data showed crude oil stockpiles rose more than expected and ...

Updated 27 Oct, 2021 05:36pm

Markets

Oil prices edge towards new highs on short supply

LONDON: Oil prices edged towards new multi-year highs on Tuesday, supported by a global supply shortage and strong...

Published 26 Oct, 2021 06:31pm

Markets

Oil edges up to new multi-year highs on short supply

Brent and WTI set for highest closes since Oct 2014
Wall Street in Riyadh sees lingering inflation, oil hitting $100
Q3 profits to sparkle for US shale producers without hedges

Updated 26 Oct, 2021 09:52pm

Markets

Oil rises modestly as US crude stockpiles dwindle

EIA shows expected fall in US crude stocks
Oil supplies continue to tighten worldwide

Published 20 Oct, 2021 08:07pm

Markets

Oil falls as China considers intervention to ease coal crunch

Chinese coking coal and coke futures slide
API shows larger than expected rise in US crude stocks
Market eyes EIA inventory data due later on Wednesday

Updated 20 Oct, 2021 07:06pm

Markets

Oil prices climb as COVID recovery, power generators stoke demand

LONDON: Oil prices hit multi-year highs on Monday buoyed by recovering demand and high natural gas and coal prices...

Updated 18 Oct, 2021 06:41pm

Markets

Oil prices hit a fresh three-year high, climb over $85 a barrel

Analysts point to a sharp drop in OECD oil stockpiles to their lowest level since 2015

Updated 15 Oct, 2021 07:12pm

Markets

Oil prices climb on upgrade to IEA demand forecast

LONDON: Oil prices rose by about 1% on Thursday after the International Energy Agency said that record natural gas...

Updated 14 Oct, 2021 07:11pm

Markets

Oil falls on fears inflation may dent fuel demand growth

Brent crude futures fell 70 cents, or 0.8%, to $82.72 a barrel

Published 13 Oct, 2021 10:18am

Markets

Oil whipsaws in volatile session on energy crunch fears

Energy crunch stokes inflation, economic recovery concerns
IMF lowers global growth outlook
China rust-belt province warns of shortages in energy crisis

Published 12 Oct, 2021 08:30pm

Markets

Surging oil prices lift material, energy stocks on Wall St

US stock futures pare losses, Nikkei aided by yen drop
Oil leads energy complex higher, stokes inflation risk
Dollar reaches highest on yen since late 2018

Updated 11 Oct, 2021 09:03pm

Markets

Oil rises as global energy crunch takes hold

Oil trades near recent multi-year peaks
Global energy crunch shows no signs of easing
Fuel switching and demand recovery boosts prices

Published 08 Oct, 2021 05:38pm

Gainers
Losers
Leaders

Stock	Price
Pervez Ahmed Co / Dec 8 Pervez Ahmed Consultancy Services Ltd.(PASL)	1.11 ▲ 0.09 (8.82%)
Next Capital / Dec 8 Next Capital Limited(NEXT)	10.00 ▲ 0.72 (7.76%)
Octopus Digital / Dec 8 Octopus Digital Limited(OCTOPUS)	65.50 ▲ 4.02 (6.54%)
JS Global Cap.XD / Dec 8 JS Global Capital Limited(JSGCL)	88.99 ▲ 5.04 (6.00%)
Netsol Tech. / Dec 8 NetSol Technologies Limited(NETSOL)	90.95 ▲ 5.14 (5.99%)
Kohinoor Energy / Dec 8 Kohinoor Energy Limited(KOHE)	40.90 ▲ 2.30 (5.96%)
Kohinoor Ind. / Dec 8 Kohinoor Industries Limited(KOIL)	5.95 ▲ 0.29 (5.12%)
Pioneer Cement / Dec 8 Pioneer Cement Limited(PIOC)	80.90 ▲ 3.89 (5.05%)
Nimir Resins / Dec 8 Nimir Resins Limited(NRSL)	18.24 ▲ 0.77 (4.41%)
Kohinoor Spining / Dec 8 Kohinoor Spinning Mills Limited(KOSM)	3.80 ▲ 0.16 (4.40%)

Stock	Price
Premier Ins. / Dec 8 Premier Insurance Limited(PINL)	4.53 ▲ -0.83 (-15.49%)
John&Philips / Dec 8 Johnson & Phillips (Pakistan) Limited(JOPP)	45.75 ▲ -3.70 (-7.48%)
KASB Mod / Dec 8 KASB Modaraba(KASBM)	1.91 ▲ -0.09 (-4.50%)
K-Electric Ltd. / Dec 8 K-Electric Limited(KEL)	3.37 ▲ -0.08 (-2.32%)
Jahangir Sidd(Pref) / Dec 8 Jahangir Sidd(Pref)(JSCLPSA)	7.90 ▲ -0.10 (-1.25%)
Khyber Tobacco / Dec 8 Khyber Tobacco Company Limited(KHTC)	238.00 ▲ -1.77 (-0.74%)
Abbott Lab. / Dec 8 Abbott Laboratories (Pakistan) Limited(ABOT)	749.99 ▼ 0.00 (0.00%)
Attock Cement / Dec 8 Attock Cement Pakistan Limited(ACPL)	121.10 ▼ 0.00 (0.00%)
Ados Pakistan / Dec 8 Ados Pakistan Limited(ADOS)	17.37 ▼ 0.00 (0.00%)
Agha Steel Ind. / Dec 8 Agha Steel Ind.Ltd(AGHA)	23.40 ▼ 0.00 (0.00%)

Stock	Volume
TRG Pak Ltd / Dec 8 TRG Pakistan Limited(TRG)	6,794,005 ▼ 0.00
TPL Properties / Dec 8 TPL Properties Limited(TPLP)	5,673,000 ▼ 0.00
Treet Corp / Dec 8 Treet Corporation Limited(TREET)	4,274,500 ▼ 0.00
Telecard Limited / Dec 8 Telecard Limited(TELE)	3,646,500 ▼ 0.00
WorldCall Telecom / Dec 8 Worldcall Telecom Limited(WTL)	3,216,000 ▼ 0.00
Byco Petroleum / Dec 8 Byco Petroleum Pakistan Limited(BYCO)	1,868,500 ▼ 0.00
Unity Foods Ltd / Dec 8 Unity Foods Limited(UNITY)	1,736,398 ▼ 0.00
Hascol Petrol / Dec 8 Hascol Petroleum Limited(HASCOL)	1,406,598 ▼ 0.00
Ghani Glo Hol / Dec 8 Ghani Global Holdings Limited(GGL)	915,500 ▼ 0.00
Maple Leaf / Dec 8 Maple Leaf Cement Factory Limited(MLCF)	754,722 ▼ 0.00

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 8	176.89
USD PKR Interbank Buying / Dec 8	176.79
USD to Japanese Yen / Dec 8	113.51
USD to Swiss Franc / Dec 8	0.92
Pound Sterling to USD / Dec 8	1.32
Euro to USD / Dec 8	1.13
UK LIBOR % / Dec 8	0.07

Stock	Volume
S&P 500 / Dec 8	4686.75
India Sensex / Dec 8	57633.65
Tokyo Nikkei / Dec 8	28455.60
Nasdaq / Dec 8	15686.92
Hang Seng / Dec 8	23983.66
FTSE 100 / Dec 8	7339.90
Dow Jones / Dec 8	35719.43
Germany DAX 30 / Dec 8	15813.94
France CAC40 / Dec 8	7065.39

Item	Value
Crude Oil / Dec 8	71.76
Karachi Cotton Assoc. / Dec 8	16880.00
Gold 10 Grams / Dec 8	101200.00
Gold Spot / Dec 8	1784.52
Cotton / Dec 8	106.37

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