Trends - WTI - Business Recorder

WTI

Oil extends losses on easing Middle East tension, demand concerns

LONDON: Oil prices fell to a three-week low on Thursday, extending losses on hopes of easing tensions in the key...

Updated 18 Apr, 2024 06:44pm

Markets

Oil falls nearly 3% as demand worries outweigh Middle East supply risks

Brent futures for June were down $2.44, or 2.7%, to $87.58 a barrel

Updated 17 Apr, 2024 10:47pm

Markets

China crude oil throughput rises 1.3% in March

BEIJING: China’s oil refinery throughput rose in March as refiners stepped up runs amid signs of a tentative...

Published 16 Apr, 2024 12:45pm

Markets

Oil slips on easing Middle East supply concerns

LONDON: Oil dipped for a second day on Tuesday as concerns about Middle East supply eased after Iran’s weekend...

Updated 16 Apr, 2024 07:25pm

Markets

Oil sheds more than $1/barrel after Iran attack

NEW YORK: Oil prices sank by about $1 a barrel on Monday after Iran’s weekend attack on Israel proved to be less...

Updated 15 Apr, 2024 08:50pm

Markets

Oil rebounds on Mideast tensions but set for weekly loss

LONDON: Oil rose over 1% on Friday as heightened tensions in the Middle East raised the risk of supply disruptions...

Updated 12 Apr, 2024 06:14pm

Markets

Oil prices fall on big build in US crude, fuel inventories

EIA expects Brent crude prices to average $88.55 a barrel in 2024, up from a previous forecast of $87

Updated 11 Apr, 2024 10:42am

Markets

Oil steadies after dip on Middle East ceasefire talks

LONDON: Global oil benchmark Brent steadied above $91 a barrel on Monday, reducing early losses prompted by Israel...

Updated 08 Apr, 2024 08:32pm

Markets

Oil prices climb more than $1 per barrel on supply risk

Brent crude was up $1.00, or 1.1%, to $91.65 a barrel

Updated 05 Apr, 2024 11:59pm

Markets

Oil steady, bolstered by lower supply concerns

LONDON: Oil prices were steady on Thursday, shored up by concerns about lower supply as major producers keep output...

Updated 04 Apr, 2024 09:09pm

Markets

Brent oil hits highest price this year on fresh supply threats

Global oil benchmark Brent on Tuesday rose above $89 a barrel for the first time since October, albeit briefly, as...

Updated 02 Apr, 2024 09:48pm

Markets

Oil rises as investors bet on tighter supply, China’s economy

LONDON: Oil prices added to recent gains on Monday amid expectations of tighter supply from OPEC+ cuts and attacks...

Updated 01 Apr, 2024 03:00pm

Markets

Oil prices advance on tighter supply outlook

LONDON: Oil prices firmed on Thursday, following two consecutive sessions of decline, as investors saw a tighter...

Updated 28 Mar, 2024 05:41pm

Markets

Oil falls for second day as US crude inventories surge

LONDON: Oil prices fell for a second day on Wednesday on surging U.S. stockpiles and signs the OPEC+ producer group...

Updated 27 Mar, 2024 06:33pm

Markets

Oil steadies as markets weigh Russian supply woes

LONDON: Oil prices were little changed on Tuesday as investors took a more mixed view toward the loss of Russian...

Updated 26 Mar, 2024 07:51pm

Markets

Oil up on supply concerns as Russia orders output cuts

HOUSTON: Oil prices rose on Monday as the Russian government ordered producers to curb output as hostilities between...

Updated 25 Mar, 2024 09:55pm

Markets

Oil steady as Gaza ceasefire talks gain traction

LONDON: Oil prices were little changed on Friday, with global benchmark Brent hovering above $85 per barrel, as the...

Updated 22 Mar, 2024 04:31pm

Markets

Oil broadly steady after surprise US crude stock drop

LONDON: Oil prices were broadly steady on Thursday, shored up by a surprise U.S. crude stock drop and the U.S....

Updated 21 Mar, 2024 07:25pm

Markets

Oil retreats from multi-month highs ahead of Fed decision

LONDON: Oil prices edged lower on Wednesday after hitting multi-month highs in the previous session, as investors...

Updated 20 Mar, 2024 04:48pm

Business & Finance

Mideast conflict: Oil investors rotate from WTI to Brent: Kemp

LONDON: Portfolio investors tiptoed back into the petroleum market last week, after three weeks of heavy selling, as...

Published 24 Oct, 2023 05:05am

Markets

Oil falls after Saudi pledge

NEW YORK: Oil prices fell over 2% on Wednesday as fears of disruption to supplies due to conflict in the Middle East...

Published 12 Oct, 2023 05:57am

Markets

Oil prices steady amid OPEC+ supply cut expectations

LONDON: Oil prices were stable on Monday amid expectations that major producers would keep supplies tight, as hopes...

Published 05 Sep, 2023 06:22am

Markets

Oil edges up on prospect of extended OPEC+ supply cuts

NEW YORK: Oil prices edged higher on Monday on expectations that OPEC+ would keep supplies tight and speculation...

Updated 04 Sep, 2023 09:09pm

Markets

Oil steadies as China fears counter tight US supply

NEW YORK: Oil prices were little changed on Wednesday despite a large drawdown in US crude oil stocks as investors...

Published 17 Aug, 2023 03:49am

Markets

Oil down $3 as Russia downplays additional OPEC+ cuts

NEW YORK: Oil prices fell more than $3 at one point on Thursday, after Russian Deputy Prime Minister Alexander Novak...

Published 26 May, 2023 06:48am

Markets

Oil falls 1pc on recession fears

BENGALURU: Oil prices edged lower on Thursday, after scaling multi-month high levels in the previous session, ...

Published 14 Apr, 2023 05:59am

Markets

Barclays cuts 2023 oil price forecasts on resilient Russian output

Barclays cut its 2023 oil price forecasts on Wednesday, due in part to more resilient output from Russia than...

Published 08 Mar, 2023 06:55pm

Markets

Oil rebalances on stronger dollar and economic outlook

LONDON: Oil prices rebalanced on Friday after an early $1 rally as a stronger dollar and weaker economic outlook...

Updated 06 Jan, 2023 06:30pm

Markets

Oil jumps on supply risks, ongoing Keystone outage

NEW YORK: Oil prices gained more than $2 a barrel on Monday on supply jitters, as a key pipeline supplying the ...

Published 13 Dec, 2022 05:58am

Markets

Oil rises on China possibly easing Covid curbs

NEW YORK: Oil prices rose by more than 1% on Thursday on news China is considering easing Covid-19 quarantine...

Published 21 Oct, 2022 05:57am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 24	278.59
USD PKR Interbank Buying / Apr 24	278.39
USD to Japanese Yen / Apr 24	155.21
USD to Swiss Franc / Apr 24	0.91
Pound Sterling to USD / Apr 24	1.25
Euro to USD / Apr 24	1.07

Stock	Volume
S&P 500 / Apr 24	5070.63
India Sensex / Apr 24	73852.94
Tokyo Nikkei / Apr 24	38460.08
Nasdaq / Apr 24	15712.75
Hang Seng / Apr 24	17201.27
FTSE 100 / Apr 24	8040.38
Dow Jones / Apr 24	38460.92
Germany DAX 30 / Apr 24	18088.70

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 23	21035
Gold 10 Grams PKR / Apr 23	213220
Crude Oil USD/Barrel / Apr 24	82.83
Gold Spot USD/Ounce / Apr 24	2318.17
Cotton US¢/pound / Apr 24	81.01
Petrol/Litre / Apr 25	293.94

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Apr 25 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Apr 25 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Apr 25 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Apr 25 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Apr 25 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Apr 25 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Apr 25 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Apr 25 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Apr 25 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Apr 25 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Apr 25 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Apr 25 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Apr 25 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Apr 25 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Apr 25 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Apr 25 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Apr 25 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Apr 25 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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