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Energy

Oil rises on tropical storm disruptions, glut forecasts weigh

NEW YORK: Oil prices inched up on Friday as US Gulf of Mexico crude output was halved by disruptions caused by a tropica

Published 12 Jul, 2019 08:37pm

Energy

Oil flat as tropical storm limits output, glut forecasts weigh

NEW YORK: Oil prices were little changed on Friday as US Gulf of Mexico crude output dropped by more than half from disr

Published 12 Jul, 2019 08:36pm

Energy

Oil edges up as storm hampers US supply, glut forecasts weigh

NEW YORK: Oil futures edged up on Friday as US Gulf of Mexico crude output was halved by disruptions caused by a tropica

Published 12 Jul, 2019 08:36pm

Energy

US Gulf of Mexico crude oil production cut by 59pc by storm: US government

HOUSTON: Almost 59 percent, or 1.1 million barrels per day (bpd), of crude oil production in the US-regulated areas of t

Published 12 Jul, 2019 08:32pm

Energy

Oil edges up as storm hampers US supply, glut forecasts weigh

NEW YORK: Oil futures edged up on Friday as US Gulf of Mexico crude output was halved by disruptions caused by a tro

Published 12 Jul, 2019 05:15pm

Energy

Oil steadies on dim OPEC demand outlook, pares gains from Gulf of Mexico storm

NEW YORK: Oil prices steadied on Thursday as OPEC forecast slower demand for its crude next year, with crude futures eas

Published 11 Jul, 2019 08:34pm

Energy

US Cash Products-Chicago gasoline rises on refiner interest

NEW YORK: Chicago gasoline cash differentials gained on Wednesday as refiners actively bought in the region, market part

Published 10 Jul, 2019 09:31pm

Americas Energy

US natural gas futures hit fresh 5-wk highs on hotter weather, lower output

US natural gas futures edged up to fresh five-week highs on Wednesday on forecasts that continued to call for the weathe

Published 10 Jul, 2019 08:50pm

Energy

US oil producers shut-in offshore output as storm forms in Gulf of Mexico

HOUSTON: US oil prices climbed nearly 2.5pc on Wednesday as major oil producers shut in production and withdrew staff fr

Published 10 Jul, 2019 08:48pm

Energy

Oil jumps 3pc on US crude stocks draw, Gulf of Mexico storm

NEW YORK: Oil prices jumped 3pc on Wednesday after US crude inventories shrank more than expected and as major producers

Published 10 Jul, 2019 07:53pm

Energy

US crude stocks fall nearly 10mn barrels

US crude oil stockpiles fell by nearly 10 million barrels last week, far more than expected, as refineries processed

Published 10 Jul, 2019 03:49pm

Energy

US oil producers shut offshore output as storm forms in Gulf of Mexico

HOUSTON: Anadarko Petroleum Corp has joined major US oil producers shutting production and withdrawing staff from of

Published 10 Jul, 2019 03:48pm

Energy

US natural gas futures rise to 5-week high on higher demand forecasts

US natural gas futures edged up to a five-week high on Tuesday on forecasts for a little hotter weather and a bit more c

Published 09 Jul, 2019 09:59pm

Energy

Oil edges up on supply cuts; trade worries limit gains

HOUSTON: Oil futures edged up on Tuesday as OPEC supply cuts and Middle East tensions kept global benchmark Brent crude

Published 09 Jul, 2019 08:29pm

Americas Energy

US natural gas output, demand seen rising to record highs in 2019

US dry natural gas production will rise to an all-time high of 91.35 billion cubic feet per day (bcfd) in 2019 from a re

Published 09 Jul, 2019 07:21pm

Energy

US crude oil output seen rising to record high in 2019

US crude oil production will rise to an all-time high of 12.36 million barrels per day (bpd) in 2019, from a record high

Published 09 Jul, 2019 07:14pm

Energy

Oil rises on supply cuts, Mideast tensions; trade worries cap gains

HOUSTON: Oil futures rose on Tuesday as Middle East tensions and OPEC supply cuts kept global benchmark Brent crude abov

Published 09 Jul, 2019 07:05pm

Energy

Oil steadies as demand worries offset Iran's new nuclear threats

NEW YORK: Oil prices steadied on Monday as tensions over Iran's nuclear program countered concerns about whether slowing

Published 08 Jul, 2019 10:15pm

Energy

US natural gas futures hold near 5-wk high despite record output, less demand

US natural gas futures traded within a few cents of a five-week high on Monday even though production held near a record

Published 08 Jul, 2019 08:53pm

Energy

Oil rises on Iran's new nuclear threats

NEW YORK: Oil prices firmed on Monday on tensions over Iran's nuclear program but gains were capped by concerns about gl

Published 08 Jul, 2019 07:13pm

Energy

Brazil's Petrobras begins process of selling stake in onshore natural gas fields

BRASILIA: Brazil's state-owned oil giant Petrobras has started the process of selling off the so-called Tucano Sul Polo

Published 08 Jul, 2019 07:10pm

Energy

Oil prices rise on Iran tensions, OPEC output cuts

NEW YORK: Oil futures rose on Friday as tensions over Iran and an extension to output cuts by OPEC and its allies booste

Published 05 Jul, 2019 09:14pm

Americas Energy

Brazil's Petrobras puts offshore gas fields, exploration bloc up for sale RIO

DE JANEIRO: Brazilian state-run oil firm Petroleo Brasileiro SA has put its Peroa and Cangoa shallow-water natural gas f

Published 05 Jul, 2019 08:25pm

Energy

US natural gas futures touch two-week high on hotter weather outlook

US natural gas futures jumped to an over two-week high on Friday as weather forecasts turned even hotter, overshadowing

Published 05 Jul, 2019 07:42pm

Energy

Brent oil rises on Iran tensions and OPEC, US crude slips

NEW YORK: Brent oil prices edged up on Friday, supported by tensions over Iran and a decision by OPEC and its allies

Published 05 Jul, 2019 04:12pm

Energy

Oil prices fall on US inventory data, concerns about demand

ALBERTA: Oil prices fell in thin trade on Thursday, weighed down by data showing a smaller-than-expected draw on US crud

Published 04 Jul, 2019 08:54pm

Energy

Oil prices climb as US equities rally, rig count drops

NEW YORK: Oil prices edged higher on Wednesday ahead of a US holiday, after falling steeply a day earlier as worries abo

Published 03 Jul, 2019 09:36pm

Energy

Mexico's Pemex quietly pursues deepwater project amid pressure for tie-ups

MEXICO CITY: Mexican state oil company Pemex is pursuing a risky Gulf of Mexico deepwater project despite vowing as rece

Published 03 Jul, 2019 07:54pm

Energy

Oil prices steady as US crude stockpiles drop less than expected

NEW YORK: Oil prices were steady on Wednesday ahead of a US holiday, after a steep fall the previous session when worrie

Published 03 Jul, 2019 07:13pm

Americas Energy

Oil dives 3pc on demand worries even as OPEC, allies extend cuts

NEW YORK: Oil prices fell more than 3pc on Tuesday, even after OPEC and allies including Russia agreed to extend supply

Published 02 Jul, 2019 07:43pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 8	278.28
USD PKR Interbank Buying / May 8	278.03
USD to Japanese Yen / May 8	155.25
USD to Swiss Franc / May 8	0.91
Pound Sterling to USD / May 8	1.25
Euro to USD / May 8	1.07

Stock	Volume
S&P 500 / May 7	5187.70
Nasdaq / May 7	16332.56
Dow Jones / May 7	38884.26
India Sensex / May 8	73566.30
Tokyo Nikkei / May 8	38202.37
Hang Seng / May 8	18325.35
FTSE 100 / May 8	8354.28
Germany DAX 30 / May 8	18528.77

Item	Value
Karachi Cotton PKR/37.32 KG / May 7	19935
Petrol/Litre / May 8	288.49
Crude Oil USD/Barrel / May 8	77.89
Gold 10 Grams PKR / May 8	205075
Gold Spot USD/Ounce / May 8	2314.41
Diesel/Litre / May 8	281.96

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 8 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 8 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 8 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 8 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 8 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 8 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 8 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 8 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 8 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 8 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 8 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 8 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 8 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 8 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 8 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 8 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 8 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 8 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 8 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 8 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 8 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 8 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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