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WTI prices

Oil prices fall $2 on COVID-19 rise in Asia, inflation fears

Oil prices retreat from recent high on renewed demand concerns.
Demand outlook hit by rising infections in Asia.
Inflation uncertainties add to price declines.
Investors look to US oil inventory data on Wednesday.

Published 19 May, 2021 07:58pm

Markets

Oil prices steady on hopes for economic recovery

Fresh restrictions imposed in Asia to curb pandemic
China April crude throughput slows from peak
British economy reopens after four-month lockdown
Recovery of US pipeline network eases supply concerns.

Published 17 May, 2021 08:50pm

Markets

Oil on track for 9-week high on rising demand outlooks

Brent futures rose $1.09, or 1.6%, to $69.64 a barrel.
US West Texas Intermediate (WTI) crude rose $1.08, or 1.7%, to $66.36.
India's coronavirus death toll crossed 250,000 in the deadliest 24 hours since the pandemic began.

Updated 12 May, 2021 07:32pm

Markets

Oil climbs on demand outlook as market awaits fresh cues

Brent crude climbed 83 cents, or 1.2% to $69.38 a barrel.
US unleaded gasoline prices hit an average $2.99 a gallon, the highest since November 2014, the American Automobile Association said.

Published 12 May, 2021 05:21pm

Markets

Oil prices set for weekly gain despite India virus surge

China's exports and services sector expand in April.
April crude imports down 0.2% year on year in China.
Coming Up: Baker Hughes' US rig count at 1 p.m./1700 GMT.

Published 07 May, 2021 08:44pm

Markets

Oil prices set for weekly gain despite India virus surge

China's exports and services sector expand in April.
April crude imports down 0.2% year on year in China.

Published 07 May, 2021 06:26pm

Markets

Oil prices slip despite hefty US inventory fall

India posts record daily infections and deaths.
US crude stockpiles slump after export surge –EIA.

Published 06 May, 2021 09:01pm

Markets

Oil up 1pc as US oil stocks fall, demand outlook brightens

US crude stocks fall by more than expected – EIA.
Easing restrictions in UK, US boost demand hopes.
US exports, refining output surge in harbinger of more demand.

Published 05 May, 2021 09:09pm

Markets

World oil rises

NEW YORK: Oil prices rose on Tuesday after more US states eased lockdowns and the European Union sought to attract...

Published 05 May, 2021 04:01am

Markets

Oil rises on US, Europe demand growth optimism

Demand boost in US, Europe bolsters sentiment.
Strong US economic outlook, weaker dollar also supportive.
India's soaring COVID-19 infections limit demand outlook.

Published 04 May, 2021 07:53pm

Markets

Oil holds near $67 as demand hopes balance India concern

Surge in coronavirus cases hits India's April fuel demand.
OPEC boosts output in April, OPEC+ increase takes effect in May.
Iran nuclear talks in focus.

Published 03 May, 2021 07:51pm

Markets

India demand worries, weak Japanese imports knock oil prices from six-week highs

Brent to average $64.17 in 2021-Reuters poll.
Japan's March oil imports fall 25.0 pct y/y – METI.
China's factory activity growth slows in April.
Japan's April manufacturing expands at fastest pace since 2018.
India infections top 18 million.

Published 30 Apr, 2021 08:54pm

Markets

Oil prices to drift higher despite India demand hiccup

Demand growth seen at 5.5-6.5 million bpd in 2021.
Fifth straight upward revision to the 2021 Brent consensus.
Benchmark Brent crude to average $64.17/bbl in 2021.
US crude forecast to average $61.01/bbl this year.

Published 30 Apr, 2021 06:43pm

Business & Finance

Goldman sees commodities rallying over next six months on strong demand

The bank now sees Brent prices rising to $80 a barrel and US West Texas Intermediate (WTI) prices to $77 a barrel over the six month period.
The bank sees gold prices at $2,000 an ounce over the next six months and said it is too early for Bitcoin to compete with gold for safe haven demand, adding that the two can co-exist.

Published 28 Apr, 2021 09:14pm

Markets

Oil prices rise 2pc on fuel demand optimism

US crude stocks edge up, distillate inventories drop –EIA.
Goldman sees surge in oil demand over next six months.
OPEC+ sticks to plan to ease oil output cuts from May 1.
India's COVID-19 death toll surges past 200,000.

Published 28 Apr, 2021 09:12pm

Markets

Oil prices rise as demand outlook offsets COVID worries

OPEC+ sticks to plan to ease oil output cuts from May 1.
Goldman sees surge in oil demand over next six months.
India's COVID-19 death toll surges past 200,000.
Rystad sees 1 mln b/d demand hit in May from India COVID wave.
API shows increase in US crude inventories.

Published 28 Apr, 2021 08:12pm

Markets

Oil rises as OPEC+ seen sticking to policy despite India COVID surge

OPEC+ brings forward monitoring meeting to Tuesday.
India's total COVID-19 deaths near 200,000.
Iran nuclear talks due to resume on Tuesday.
Coming up: API oil inventory report, 2030 GMT.

Published 27 Apr, 2021 08:21pm

Markets

Oil falls on India's COVID surge, supply increase

Brent, WTI down more than $1.
COVID-19 cases rise in India and Japan.
Market eyes an OPEC+ meeting this week.
Libya's NOC lifts force majeure on Hariga port.

Published 26 Apr, 2021 05:01pm

Markets

Oil rises as EU keeps stimulus flows, dollar falls

US crude stocks show surprise rise in EIA data.
Rising COVID-19 cases in India and Japan raise demand concerns.
OPEC+ set for meeting next week.

Published 22 Apr, 2021 08:36pm

Markets

Oil hits $68 on Libya force majeure despite pandemic surge

Libya declares force majeure on Hariga port.
US crude inventories expected to drop by 2.9 million barrels.
One year since WTI sank to minus $40.32 on massive glut.
Coming up: API oil inventory report, 2030 GMT.

Published 20 Apr, 2021 08:10pm

Markets

Oil steadies as dollar slumps but pandemic surge weighs

Brent crude was down 4 cents, at $66.73 a barrel.
With oil priced in dollars, a softer greenback could spur demand from holders of other currencies.

Published 19 Apr, 2021 08:20pm

Markets

Oil inches up despite coronavirus-related demand concerns

Brent crude was up 32 cents, or 0.5%, at $67.09 a barrel.
With oil priced in dollars, a softer greenback could spur demand from holders of other currencies, boosting prices.

Published 19 Apr, 2021 07:48pm

Markets

Oil rises above $67 in fifth day of gains on demand hopes

Brent on track for weekly gain of about 7%.
US, China economic recoveries bolster sentiment.
IEA and OPEC boost 2021 global oil demand growth forecasts.
Rising COVID-19 cases in other major economies weigh.

Published 16 Apr, 2021 05:05pm

Markets

Oil prices rise after robust China data, Middle East tension

US crude stockpiles seen down for third week -Reuters poll.
OPEC ups 2021 oil demand forecast.
Coming up: API inventory data at 2030 GMT.

Published 13 Apr, 2021 08:34pm

Markets

Oil rises nearly 2pc on US vaccine rollout, Middle East tension

US at 22% vaccinated; other countries further behind.
Yemen's Houthis say they attacked Saudi Aramco facilities.
Crude prices remain rangebound.

Published 12 Apr, 2021 09:46pm

Markets

US oil may rise into $59.95-$60.50 range

A triple-bottom could be developing around $57.50. It will be confirmed when oil goes above $62.27. Even if this pattern turns out to be a flat consolidation within a range, oil is still likely to rise towards $62.27.
A break below $57.88 will be a very bearish signal that the downtrend from $67.98 could have resumed towards $51.64-$55.50 range.

Published 06 Apr, 2021 11:11am

Markets

Oil steadies on demand recovery expectation despite European lockdowns

A third of French people enter new lockdown.
Demand slow, but Aramco CEO predicts recovery.
US rig count rises to highest since April.

Published 22 Mar, 2021 08:37pm

Markets

Oil extends gains after surprise Saudi output cut

Saudi move 'reflects signs of weakening demand' -Goldman Sachs.
US crude inventories fell 1.7 mln bbl in week to Jan. 1 –API.

Published 06 Jan, 2021 05:06pm

Markets

Oil falls with US stocks despite OPEC+ seen keeping output steady

The market declined despite expectations the Organization of the Petroleum Exporting Countries and allies will hold off on increasing output in February.
Brent futures dropped 73 cents, or 1.4%, to $51.07 a barrel

Published 04 Jan, 2021 09:36pm

Markets

Oil set for 20pc drop in 2020 as lockdowns weigh, market eyes stimulus

Oil eases on last trading day, stimulus in focus.
Brent, WTI more than doubled from decade-lows in April.

Published 31 Dec, 2020 07:58pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 23	278.40
USD PKR Interbank Buying / Apr 23	278.10
USD to Japanese Yen / Apr 23	154.75
USD to Swiss Franc / Apr 23	0.91
Pound Sterling to USD / Apr 23	1.24
Euro to USD / Apr 23	1.07

Stock	Volume
S&P 500 / Apr 23	5070.55
India Sensex / Apr 23	73738.45
Tokyo Nikkei / Apr 23	37552.16
Nasdaq / Apr 23	15696.64
Hang Seng / Apr 23	16828.93
FTSE 100 / Apr 23	8044.81
Dow Jones / Apr 23	38503.69
Germany DAX 30 / Apr 23	18137.65

Item	Value
Crude Oil USD/Barrel / Apr 23	83.54
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Gold Spot USD/Ounce / Apr 23	2323.25
Cotton US¢/pound / Apr 23	81.72
Petrol/Litre / Apr 24	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 24 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 24 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 24 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 24 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 24 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 24 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 24 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 24 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 24 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 24 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 24 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 24 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 24 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 24 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 24 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 24 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 24 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 24 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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