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 16
|
278.20
|
|
USD PKR Interbank Buying
/ Sep 16
|
278
|
|
USD to Japanese Yen
/ Sep 16
|
140.12
|
|
USD to Swiss Franc
/ Sep 16
|
0.85
|
|
Pound Sterling to USD
/ Sep 16
|
1.32
|
|
Euro to USD
/ Sep 16
|
1.11
|
| Stock | Volume |
|---|---|
|
S&P 500
/ Sep 13
|
5,626.02
|
|
Tokyo Nikkei
/ Sep 13
|
36,581.76
|
|
Nasdaq
/ Sep 13
|
17,683.98
|
|
Dow Jones
/ Sep 13
|
41,393.78
|
|
India Sensex
/ Sep 16
|
82,885.81
|
|
Hang Seng
/ Sep 16
|
17,373.83
|
|
FTSE 100
/ Sep 16
|
8,275.77
|
|
Germany DAX 30
/ Sep 16
|
18,647.93
|
| Item | Value |
|---|---|
|
Crude Oil USD/Barrel
/ Sep 16
|
68.86
|
|
Karachi Cotton PKR/37.32 KG
/ Sep 16
|
18,935
|
|
Gold 10 Grams PKR
/ Sep 16
|
229,767
|
|
Gold Spot USD/Ounce
/ Sep 16
|
2,588.68
|
|
Cotton US¢/pound
/ Sep 16
|
70.47
|
|
Petrol/Litre
/ Sep 17
|
249.10
|
| Stock | Price |
|---|---|
|
786 Invest Ltd
/ Sep 17
786 Investments Limited(786)
|
5
▼ 0.00
(0.00%)
|
|
AL-Abbas Sugar
/ Sep 17
Al-Abbas Sugar Mills Limited(AABS)
|
585
▼ 0.00
(0.00%)
|
|
Agro Allianz
/ Sep 17
Agro Allianz Limited(AAL)
|
16
▼ 0.00
(0.00%)
|
|
AL-Abid Silk
/ Sep 17
Al-Abid Silk Mills Limited(AASM)
|
3.49
▼ 0.00
(0.00%)
|
|
Ali Asghar
/ Sep 17
Ali Asghar Textile Mills Limited(AATM)
|
2.07
▼ 0.00
(0.00%)
|
|
Allied Bank
/ Sep 17
Allied Bank Limited(ABL)
|
87.10
▼ 0.00
(0.00%)
|
|
Abbott Lab.
/ Sep 17
Abbott Laboratories (Pakistan) Limited(ABOT)
|
499.34
▼ 0.00
(0.00%)
|
|
Abson Ind.
/ Sep 17
Abson Industries Limited(ABSON)
|
2.50
▼ 0.00
(0.00%)
|
|
Alfalah ETF.
/ Sep 17
Alfalah Consumer Index ETF.(ACIETF)
|
9.84
▼ 0.00
(0.00%)
|
| Stock | Price |
|---|---|
|
786 Invest Ltd
/ Sep 17
786 Investments Limited(786)
|
5
▲ 0.00
(0.00%)
|
|
AL-Abbas Sugar
/ Sep 17
Al-Abbas Sugar Mills Limited(AABS)
|
585
▲ 0.00
(0.00%)
|
|
Agro Allianz
/ Sep 17
Agro Allianz Limited(AAL)
|
16
▲ 0.00
(0.00%)
|
|
AL-Abid Silk
/ Sep 17
Al-Abid Silk Mills Limited(AASM)
|
3.49
▲ 0.00
(0.00%)
|
|
Ali Asghar
/ Sep 17
Ali Asghar Textile Mills Limited(AATM)
|
2.07
▲ 0.00
(0.00%)
|
|
Allied Bank
/ Sep 17
Allied Bank Limited(ABL)
|
87.10
▲ 0.00
(0.00%)
|
|
Abbott Lab.
/ Sep 17
Abbott Laboratories (Pakistan) Limited(ABOT)
|
499.34
▲ 0.00
(0.00%)
|
|
Abson Ind.
/ Sep 17
Abson Industries Limited(ABSON)
|
2.50
▲ 0.00
(0.00%)
|
|
Alfalah ETF.
/ Sep 17
Alfalah Consumer Index ETF.(ACIETF)
|
9.84
▲ 0.00
(0.00%)
|
| Stock | Volume |
|---|---|
|
P.I.A.C.(A)
/ Sep 17
Pakistan International Airlines Corp(PIAA)
|
47,200,500
▲ 0.00
|
|
Cnergyico PK
/ Sep 17
Cnergyico PK Limited(CNERGY)
|
29,719,327
▲ 0.00
|
|
Pak Petroleum
/ Sep 17
Pakistan Petroleum Limited(PPL)
|
21,170,581
▲ 0.00
|
|
Pak Refinery
/ Sep 17
Pakistan Refinery Limited(PRL)
|
16,965,134
▲ 0.00
|
|
The Searle Co.
/ Sep 17
The Searle Company Limited(SEARL)
|
15,793,227
▲ 0.00
|
|
P.T.C.L.
/ Sep 17
Pakistan Telecommunication Company Ltd(PTC)
|
15,054,641
▲ 0.00
|
|
K-Electric Ltd.
/ Sep 17
K-Electric Limited(KEL)
|
14,145,556
▲ 0.00
|
|
WorldCall Telecom
/ Sep 17
Worldcall Telecom Limited(WTL)
|
13,158,668
▲ 0.00
|
|
Telecard Limited
/ Sep 17
Telecard Limited(TELE)
|
12,358,668
▲ 0.00
|
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