AIRLINK 207.00 Decreased By ▼ -5.82 (-2.73%)
BOP 10.20 Decreased By ▼ -0.05 (-0.49%)
CNERGY 6.77 Decreased By ▼ -0.23 (-3.29%)
FCCL 33.50 Increased By ▲ 0.03 (0.09%)
FFL 16.97 Decreased By ▼ -0.67 (-3.8%)
FLYNG 21.75 Decreased By ▼ -0.07 (-0.32%)
HUBC 129.30 Increased By ▲ 0.19 (0.15%)
HUMNL 14.05 Increased By ▲ 0.19 (1.37%)
KEL 4.73 Decreased By ▼ -0.13 (-2.67%)
KOSM 6.85 Decreased By ▼ -0.08 (-1.15%)
MLCF 42.80 Decreased By ▼ -0.83 (-1.9%)
OGDC 215.73 Increased By ▲ 2.78 (1.31%)
PACE 7.15 Decreased By ▼ -0.07 (-0.97%)
PAEL 42.21 Increased By ▲ 1.04 (2.53%)
PIAHCLA 16.81 Decreased By ▼ -0.02 (-0.12%)
PIBTL 8.38 Decreased By ▼ -0.25 (-2.9%)
POWER 8.81 No Change ▼ 0.00 (0%)
PPL 185.01 Increased By ▲ 1.98 (1.08%)
PRL 39.22 Decreased By ▼ -0.41 (-1.03%)
PTC 24.80 Increased By ▲ 0.07 (0.28%)
SEARL 98.48 Increased By ▲ 0.47 (0.48%)
SILK 1.03 Increased By ▲ 0.02 (1.98%)
SSGC 40.75 Decreased By ▼ -0.98 (-2.35%)
SYM 18.24 Decreased By ▼ -0.62 (-3.29%)
TELE 9.18 Increased By ▲ 0.18 (2%)
TPLP 12.24 Decreased By ▼ -0.16 (-1.29%)
TRG 65.70 Increased By ▲ 0.02 (0.03%)
WAVESAPP 10.85 Decreased By ▼ -0.13 (-1.18%)
WTL 1.83 Increased By ▲ 0.04 (2.23%)
YOUW 4.06 Increased By ▲ 0.03 (0.74%)
BR100 11,837 Decreased By -29.2 (-0.25%)
BR30 35,883 Increased By 186.3 (0.52%)
KSE100 113,755 Decreased By -393.1 (-0.34%)
KSE30 35,799 Decreased By -153.6 (-0.43%)
Markets

Brent oil drops under $70 for first time since April

LONDON: Brent crude oil sank Friday under $70 per barrel before a weekend meeting of major oil producing nations in
Published November 9, 2018

LONDON: Brent crude oil sank Friday under $70 per barrel before a weekend meeting of major oil producing nations in Abu Dhabi.

In London morning deals, Brent North Sea crude for delivery in January fell as low as $69.69 per barrel, a slide of 96 cents on the day, on surging US energy stockpiles. It comes as OPEC and non-cartel members meet this weekend to discuss a possible cut in crude ouput amid slumping prices.

Copyright AFP (Agence France-Press), 2018

Comments

Comments are closed.