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WTI prices

Oil prices flat, set for weekly drop as Trump touts energy policy

Updated 24 Jan, 2025 10:47pm

HOUSTON: Oil prices were flat on Friday but were on track to fall on the week after U.S. President Donald Trump...

Oil prices held down by Trump tariff uncertainty

Published 24 Jan, 2025 06:26am

NEW YORK: Oil prices were little changed on Thursday, maintaining almost all of the previous session’s losses on...

Oil prices: China Covid fear returns

Published 29 Nov, 2022 08:47am

Brent and WTI prices have wiped off the entire 2022 gains. Both benchmarks underwent three consecutive weeks of...

OPEC+ seen sticking to November output plans, despite $80 oil

Published 29 Sep, 2021 04:55pm

"So far we will keep the plan to increase by 400,000 bpd," one of the sources says

Oil heads for third straight week of gains as supply tightens

Published 24 Sep, 2021 09:22pm

Brent set to close at highest since October 2018
NY ULSD futures hit highest in almost three years
India's crude imports at three-month peak in August
Iran says it will return to talks on nuclear deal soon

Oil holds above $75 as storm-hit U.S. supply returns slowly

Updated 17 Sep, 2021 05:24pm

Brent dips but still set for more than 3% weekly gain
Slow post-Ida production recovery bolsters prices

Oil prices jump over $2/bbl after drawdown in US stocks

Updated 15 Sep, 2021 08:40pm

US crude, fuel stockpiles fall in wake of Hurricane Ida -EIA
Vaccines set to unleash pent-up oil demand, IEA says
China's daily oil refinery output hits 15-month low in August

Oil hits 6-week high as Storm Nicholas hits US Gulf

Published 14 Sep, 2021 05:56pm

US energy firms brace for another storm amid slow recovery from Ida
Over 40% of US Gulf's oil, gas output still shut following Ida
IEA sees oil demand rebounding by 1.6 million bpd in October
China to auction 7.38 mln bbl of crude from strategic reserves

Oil steady as China moves to tap oil stocks

Published 09 Sep, 2021 08:43pm

China set to tap state oil reserves for the first time
Prices supported by lower US output after Hurricane Ida
API data shows crude drawdown less than poll expectations
EIA cuts 2021 demand outlook, keeps 2022 forecast steady

Oil heads for 6% weekly drop as Delta variant spreads

Published 20 Aug, 2021 05:39pm

Brent, WTI on track for over 6% weekly decline
Surging cases of the Delta variant rekindle demand concerns
US dollar strength weighs on prices

Oil edges higher on inventory drawdowns, Brent tops $75 a barrel

Published 29 Jul, 2021 07:07pm

US crude stocks fall by 4.1 mln barrels, EIA says
US Fed says economic recovery remains on track
Iran blames US for pause in nuclear talks

Oil extends gains despite rise in US inventories

Published 21 Jul, 2021 07:18pm

Brent crude futures had gained $2.13, or 3.1%, to $71.48 a barrel
US crude stocks rose by 806,000 barrels for the week that ended July 16, according to two market sources, citing American Petroleum Institute figures.

Oil climbs while OPEC+ considers output increase

Published 01 Jul, 2021 06:46pm

WTI rose more than 10% in June, Brent more than 8%.
Cushing inventories drop to lowest since March 2020 –EIA.
Brent to average $67.48/bbl; WTI $64.54 in 2021 -Reuters poll.
OPEC+ to add 2 mln bpd to market in August-December – source.

Oil jumps to more than two-year high on US inventories

Published 23 Jun, 2021 06:32pm

Brent hits $75.66, highest since October 2018.
OPEC+ meeting on July 1 set to discuss further easing of curbs.
Coming up: EIA oil supply report, 1430 GMT.

Oil dips after hitting $75 a barrel on strong demand outlook

Published 22 Jun, 2021 09:33pm

Brent hits $75 a barrel for first time since April 2019.
Rally supported by expectations for global demand recovery.
OPEC+ discussing further gradual production increase.

Oil prices firm on summer demand as Iran talks drag

Published 21 Jun, 2021 05:02pm

Iran nuclear talks paused after hardliner wins presidency.
Oil prices on both sides of Atlantic up for four weeks.
Pick-up in northern hemisphere travel boosts prices.

Oil falls amid dollar strength; demand picture still bullish

Published 18 Jun, 2021 05:26pm

Brent crude futures were down 52 cents, or 0.7%, at $72.56 a barrel.
US West Texas Intermediate (WTI) crude futures were down 39 cents, or 0.6%, at $70.65 a barrel, after retreating 1.5% on Thursday and is also set to be flat on the week.

Oil hits new high near $75 on demand rise, falling inventories

Published 16 Jun, 2021 05:03pm

Brent hits $74.73, highest since April 2019.
API says US crude stocks drop 8.5 million barrels – sources.
Coming Up: EIA supply report, 1430 GMT.

Oil trades at multi-year highs on demand expectations

Published 15 Jun, 2021 09:01pm

Vitol CEO sees oil price around $70-$80/bbl this year.
Trafigura CEO says good chance oil gets to $100/bbl.
POLL-US crude inventories seen falling for 4th week in a row.
Coming Up: API data on US crude stocks at 4:30 p.m. ET.

Oil rises on optimism about demand outlook

Published 15 Jun, 2021 05:34pm

Brent crude was up by 52 cents, or 0.7%, at $73.38 a barrel.
We have had those stock draws for a couple months, the market is heading in the right direction ... my impression it is not a super cycle.

Brent oil benchmark hits 2-year high, WTI highest since 2018

Published 09 Jun, 2021 06:28pm

Top US diplomat sees hundreds of sanctions on Iran to remain.
API shows drawdown in US crude stocks; EIA data due later Wed.
Oil demand expected to grow in H2 as lockdowns ease.

Oil prices retreat but outlook remains positive

Published 08 Jun, 2021 09:02pm

As oil is priced in dollars, a stronger greenback makes crude more expensive for buyers with other currencies.
China's crude imports were down 14.6% in May on a yearly basis also weighed on prices.

Oil eases on Iran concern after hitting two-year high above $72

Published 07 Jun, 2021 06:12pm

US crude touches $70 for first time since October 2018.
Brent hits $72.27, highest since May 2019.
Iran, world powers to resume talks on June 10.

Oil hits two-year high above $72 on OPEC+ discipline, demand hopes

Published 04 Jun, 2021 08:44pm

Brent hits $72.17, highest since May 2019.
Slow inoculation and surging infections renew demand concerns US job growth picks up in May.

Brent hits highest since March on demand prospects

Published 01 Jun, 2021 06:38pm

Americans hit the road on Memorial Day holiday.
OPEC+ expected to continue slow increase in supply.
Producer group and allies meets to set policy on Tuesday.

Oil trades near $70 a barrel on improving demand outlook

Published 31 May, 2021 08:36pm

OPEC+ to meet on Tuesday.
Producers likely to stick to gradual easing of supply cuts.

Oil inches higher as upbeat demand outlook counters supply concerns

Published 28 May, 2021 06:35pm

Brent, WTI set to close the week with 5%-6% gains.
OPEC+ likely to stick to existing policy.
Worries over impact of Iranian supply return ease.

Oil prices dip on concerns about possible return of Iranian supply

Published 27 May, 2021 08:31pm

US crude, gasoline stocks fall more than expected.
Summer demand outlook in US, Europe supports prices.
Market eyes upcoming OPEC+ meeting.

Oil falls as Iranian supply prospect outweighs demand optimism

Published 26 May, 2021 07:34pm

US crude stocks fall in latest week, sources say.
Iran official upbeat about nuclear talks.
US dollar near multi-month lows.

Oil near one-week high as prospect of Iran glut wanes

Published 25 May, 2021 05:18pm

Brent crude futures were down 30 cents, or 0.4%, at $68.16 a barrel by 1004 GMT, having jumped 3% on Monday. US West Texas Intermediate futures were off 42 cents, or 0.6%, at $65.63 a barrel, after gaining 3.9% the previous session.
Still, the global recovery from the COVID-19 pandemic is patchy, indicating a mixed outlook for oil demand.

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Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 9	278.57
USD PKR Interbank Buying / Jun 9	278.37
USD to Japanese Yen / Jun 9	160.41
USD to Swiss Franc / Jun 9	0.80
Pound Sterling to USD / Jun 9	1.34
Euro to USD / Jun 9	1.15
SOFR % / Jun 9	3.63

Stock	Volume
S&P 500 / Jun 9	7,386.65
India Sensex / Jun 9	73,918.76
Tokyo Nikkei / Jun 9	65,416.63
Nasdaq / Jun 9	25,678.82
Hang Seng / Jun 9	24,565.90
FTSE 100 / Jun 9	10,227.33
Dow Jones / Jun 9	50,872.11
Germany DAX 30 / Jun 9	24,433.06
France CAC40 / Jun 9	8,203.43

Item	Value
Crude Oil USD/Barrel / Jun 9	89.03
Gold 10 Grams PKR / Jun 9	389,534
Gold Spot USD/Ounce / Jun 9	4,242.54
Cotton US¢/pound / Jun 9	75.30
Petrol/Litre / Jun 10	377.78
Diesel/Litre / Jun 10	380.78

Gainers
Losers
Leaders

Stock	Price
First AL-Noor Mod. / Jun 9 First Al-Noor Modaraba(FANM)	7.39 ▲ 0.86 (13.17%)
First Fid. Leasing / Jun 9 First Fidelity Leasing Modaraba(FFLM)	9.67 ▲ 1 (11.53%)
Chenab Ltd / Jun 9 Chenab Limited(CHBL)	10.25 ▲ 1 (10.81%)
TPL REIT Fund I / Jun 9 TPL REIT Fund I(TPLRF1)	9.06 ▲ 0.83 (10.09%)
TPL Properties / Jun 9 TPL Properties Limited(TPLP)	11.31 ▲ 1.03 (10.02%)
Popular Islamic / Jun 9 Popular Islamic Modaraba(PIM)	25.69 ▲ 2.34 (10.02%)
Redco Textile / Jun 9 Redco Textiles Limited(REDCO)	28.68 ▲ 2.61 (10.01%)
Burshane LPG / Jun 9 Burshane LPG (Pakistan) Limited(BPL)	56.86 ▲ 5.17 (10%)
Cherat Packaging / Jun 9 Cherat Packaging Limited(CPPL)	83.72 ▲ 7.61 (10%)
Leather Up Ltd. / Jun 9 Leather Up Limited(LEUL)	38.73 ▲ 3.52 (10%)

Stock	Price
Pak Qatar Family / Jun 9 Pak Qatar Family Takaful Limited(PAKQATAR)	25.72 ▼ -2.86 (-10.01%)
Zuma Resources / Jun 9 Zuma Resources Limited(ZUMA)	79.08 ▼ -8.79 (-10%)
Ideal Spinning / Jun 9 Ideal Spinning Mills Limited(IDSM)	69.56 ▼ -7.71 (-9.98%)
D.S. Ind. Ltd. / Jun 9 D.S. Industries Limited(DSIL)	11.32 ▼ -0.99 (-8.04%)
Ruby Textile / Jun 9 Ruby Textile Mills Limited(RUBY)	17.06 ▼ -1.43 (-7.73%)
Javedan Corp.(Pref) / Jun 9 Javedan Corp.(Pref)(JVDCPS)	63.15 ▼ -5.25 (-7.68%)
Shakarganj / Jun 9 Shakarganj Limited(SML)	122.02 ▼ -7.83 (-6.03%)
Cresent Jute / Jun 9 Crescent Jute Products Limited(CJPL)	13.86 ▼ -0.85 (-5.78%)
Pak Qatar Gen.Takaful / Jun 9 Pak Qatar General Takaful Limited(PQGTL)	17.34 ▼ -1.03 (-5.61%)
Shahtaj Sugar / Jun 9 Shahtaj Sugar Mills Limited(SHJS)	161.83 ▼ -9.17 (-5.36%)

Stock	Volume
TPL Properties / Jun 9 TPL Properties Limited(TPLP)	56,532,004 ▲ 1.03
TPL Corp Ltd / Jun 9 TPL Corp Limited(TPL)	50,805,586 ▲ 1.3
Pace (Pak) Ltd. / Jun 9 Pace (Pakistan) Limited(PACE)	46,226,087 ▲ 0.49
WorldCall Telecom / Jun 9 Worldcall Telecom Limited(WTL)	25,502,243 ▲ 0.01
Waves Home Appliances / Jun 9 Waves Home Appliances Limited(WAVESAPP)	23,147,389 ▲ 0.42
TRG Pak Ltd / Jun 9 TRG Pakistan Limited(TRG)	19,523,819 ▲ 2.13
First Dawood Prop. / Jun 9 First Dawood Properties Limited(FDPL)	16,241,622 ▲ 0.31
TPL REIT Fund I / Jun 9 TPL REIT Fund I(TPLRF1)	16,207,570 ▲ 0.83
D.S. Ind. Ltd. / Jun 9 D.S. Industries Limited(DSIL)	16,047,600 ▼ -0.99
Pak Int.Bulk / Jun 9 Pakistan International Bulk Terminal(PIBTL)	15,523,458 ▲ 0.17

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