SINGAPORE: Oil prices are still subject to downside into 2025-2026 amid a surplus market, Daan Struyven, head of oil research at Goldman Sachs told the APPEC 2024 conference.
He said OPEC is likely to go ahead with gradual and moderate production increases in the next few quarters.
Goldman Sachs adjusted its expectations for OPEC+ oil production, according to a note from the bank last week, saying it expects three months of production increases starting from December instead of October.
| Currency | Rate |
|---|---|
|
USD PKR Interbank Selling
/ Sep 18
|
278.10
|
|
USD PKR Interbank Buying
/ Sep 18
|
277.90
|
|
USD to Japanese Yen
/ Sep 19
|
143.13
|
|
USD to Swiss Franc
/ Sep 19
|
0.85
|
|
Pound Sterling to USD
/ Sep 19
|
1.32
|
|
Euro to USD
/ Sep 19
|
1.11
|
| Stock | Volume |
|---|---|
|
S&P 500
/ Sep 19
|
5,618.26
|
|
India Sensex
/ Sep 19
|
82,948.23
|
|
Tokyo Nikkei
/ Sep 19
|
37,284.53
|
|
Nasdaq
/ Sep 19
|
17,573.30
|
|
Hang Seng
/ Sep 19
|
17,849.21
|
|
FTSE 100
/ Sep 19
|
8,253.68
|
|
Dow Jones
/ Sep 19
|
41,503.10
|
|
Germany DAX 30
/ Sep 19
|
18,711.49
|
| Item | Value |
|---|---|
|
Karachi Cotton PKR/37.32 KG
/ Sep 18
|
18,935
|
|
Gold 10 Grams PKR
/ Sep 18
|
227,713.10
|
|
Petrol/Litre
/ Sep 19
|
249.10
|
|
Crude Oil USD/Barrel
/ Sep 19
|
70.66
|
|
Gold Spot USD/Ounce
/ Sep 19
|
2,563.51
|
|
Diesel/Litre
/ Sep 19
|
249.69
|
| Stock | Price |
|---|---|
|
786 Invest Ltd
/ Sep 19
786 Investments Limited(786)
|
5
▼ 0.00
(0.00%)
|
|
AL-Abbas Sugar
/ Sep 19
Al-Abbas Sugar Mills Limited(AABS)
|
585
▼ 0.00
(0.00%)
|
|
Agro Allianz
/ Sep 19
Agro Allianz Limited(AAL)
|
16
▼ 0.00
(0.00%)
|
|
AL-Abid Silk
/ Sep 19
Al-Abid Silk Mills Limited(AASM)
|
3.49
▼ 0.00
(0.00%)
|
|
Ali Asghar
/ Sep 19
Ali Asghar Textile Mills Limited(AATM)
|
2.07
▼ 0.00
(0.00%)
|
|
Allied Bank
/ Sep 19
Allied Bank Limited(ABL)
|
87.10
▼ 0.00
(0.00%)
|
|
Abbott Lab.
/ Sep 19
Abbott Laboratories (Pakistan) Limited(ABOT)
|
499.34
▼ 0.00
(0.00%)
|
|
Abson Ind.
/ Sep 19
Abson Industries Limited(ABSON)
|
2.50
▼ 0.00
(0.00%)
|
|
Alfalah ETF.
/ Sep 19
Alfalah Consumer Index ETF.(ACIETF)
|
9.84
▼ 0.00
(0.00%)
|
| Stock | Price |
|---|---|
|
786 Invest Ltd
/ Sep 19
786 Investments Limited(786)
|
5
▲ 0.00
(0.00%)
|
|
AL-Abbas Sugar
/ Sep 19
Al-Abbas Sugar Mills Limited(AABS)
|
585
▲ 0.00
(0.00%)
|
|
Agro Allianz
/ Sep 19
Agro Allianz Limited(AAL)
|
16
▲ 0.00
(0.00%)
|
|
AL-Abid Silk
/ Sep 19
Al-Abid Silk Mills Limited(AASM)
|
3.49
▲ 0.00
(0.00%)
|
|
Ali Asghar
/ Sep 19
Ali Asghar Textile Mills Limited(AATM)
|
2.07
▲ 0.00
(0.00%)
|
|
Allied Bank
/ Sep 19
Allied Bank Limited(ABL)
|
87.10
▲ 0.00
(0.00%)
|
|
Abbott Lab.
/ Sep 19
Abbott Laboratories (Pakistan) Limited(ABOT)
|
499.34
▲ 0.00
(0.00%)
|
|
Abson Ind.
/ Sep 19
Abson Industries Limited(ABSON)
|
2.50
▲ 0.00
(0.00%)
|
|
Alfalah ETF.
/ Sep 19
Alfalah Consumer Index ETF.(ACIETF)
|
9.84
▲ 0.00
(0.00%)
|
| Stock | Volume |
|---|---|
|
P.I.A.C.(A)
/ Sep 19
Pakistan International Airlines Corp(PIAA)
|
47,200,500
▲ 0.00
|
|
Cnergyico PK
/ Sep 19
Cnergyico PK Limited(CNERGY)
|
29,719,327
▲ 0.00
|
|
Pak Petroleum
/ Sep 19
Pakistan Petroleum Limited(PPL)
|
21,170,581
▲ 0.00
|
|
Pak Refinery
/ Sep 19
Pakistan Refinery Limited(PRL)
|
16,965,134
▲ 0.00
|
|
The Searle Co.
/ Sep 19
The Searle Company Limited(SEARL)
|
15,793,227
▲ 0.00
|
|
P.T.C.L.
/ Sep 19
Pakistan Telecommunication Company Ltd(PTC)
|
15,054,641
▲ 0.00
|
|
K-Electric Ltd.
/ Sep 19
K-Electric Limited(KEL)
|
14,145,556
▲ 0.00
|
|
WorldCall Telecom
/ Sep 19
Worldcall Telecom Limited(WTL)
|
13,158,668
▲ 0.00
|
|
Telecard Limited
/ Sep 19
Telecard Limited(TELE)
|
12,358,668
▲ 0.00
|
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