Trends - Alexander Novak - Business Recorder

Alexander Novak

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

Russia’s Arctic LNG 2 will not start shipments until March

Novatek, Russia’s largest producer of liquefied natural gas (LNG), will start loading first cargo from the Arctic...

Published 08 Feb, 2024 10:58am

Business & Finance

Russia says redirected most oil exports to China, India

MOSCOW: Russia has redirected its oil exports from Europe to China and India, Deputy Prime Minister Alexander Novak...

Published 28 Dec, 2023 04:52am

Markets

Russia says redirected most oil exports to China, India

MOSCOW: Russia has redirected its oil exports from Europe to China and India, Deputy Prime Minister Alexander Novak...

Updated 27 Dec, 2023 04:57pm

Russia eyes additional oil export cuts of about 50,000bpd in Dec

MOSCOW: Russia said on Sunday it would deepen oil export cuts in December by potentially 50,000 barrels per day or...

Updated 18 Dec, 2023 08:35am

Markets

Oil prices end little change

NEW YORK: Oil prices were little changed in volatile trade on Tuesday as a stronger US dollar and demand concerns...

Published 06 Dec, 2023 04:27am

Markets

Angola, Nigeria target higher oil output amid OPEC+ talks

LONDON: African members of OPEC+ producer group Angola and Nigeria are aiming for higher oil output, officials told...

Published 24 Nov, 2023 05:29am

Markets

Oil rises to highest in over seven months on supply worries

NEW YORK: Oil prices rose on Friday to their highest in over half a year and snapped a two-week losing streak, ...

Published 04 Sep, 2023 06:21am

World

China trade with Russia hits highest level since Ukraine war

BEIJING: China’s total trade with Russia in May soared to levels not seen since the beginning of Moscow’s war in...

Published 08 Jun, 2023 06:30am

Markets

Asia naphtha cracks firm

SINGAPORE: Asia’s naphtha refining margins firmed further to around $20 a tonne, reflecting the emergence of ...

Published 26 May, 2023 06:48am

Markets

OPEC+ likely to stick to its guns despite price slump, delegates say

LONDON/DUBAI: OPEC+ is likely to stick to its deal on output cuts of 2 million barrels per day (bpd) until the end...

Published 22 Mar, 2023 05:16pm

Markets

Russia’s Novak: Moscow to maintain 500,000 bpd oil output cut to end June

MOSCOW: Russian Deputy Prime Minister Alexander Novak said on Tuesday that Russia will continue a 500,000 barrels...

Published 21 Mar, 2023 08:12pm

Markets

Russia sees risk of oil output dipping in 2023

Russian Deputy Prime Minister Alexander Novak said on Friday there were risks that Russia’s oil production could...

Published 10 Feb, 2023 12:40pm

World

Russia: EU price cap exemptions show our oil is still in demand

Russian Deputy Prime Minister Alexander Novak said on Wednesday that European Union moves to add what he called...

Published 08 Feb, 2023 12:01pm

Markets

Russian oil output, exports stable despite sanctions

MOSCOW: Russian Deputy Prime Minister Alexander Novak said on Wednesday that the situation with oil output and...

Published 01 Feb, 2023 08:26pm

Opinion

Natural gas: From Russia with love

That the news that Russia has plans to send natural gas to Pakistan is a highly positive development in view of...

Published 28 Dec, 2022 04:12am

Markets

Russia to increase oil exports by 7.5pc in 2022: TASS

MOSCOW: Russia will increase oil exports by 7.5% to 242 million tonnes in 2022, TASS news agency cited Russian ...

Published 27 Dec, 2022 06:07am

World

Russia ready to modify gas deal with Hungary if EU price cap requires it: minister

BUDAPEST: Hungary's foreign minister said on Tuesday he had spoken with Russian Deputy Prime Minister Alexander ...

Published 13 Dec, 2022 11:09pm

Markets

Russia-Iran swap deal could include oil, 10bcm of gas a year

MOSCOW: Russian Deputy Prime Minister Alexander Novak said on Thursday that a swap deal with Iran may initially...

Published 07 Oct, 2022 05:59am

Markets

Oil up nearly 3pc as OPEC+ agrees to small oil output cut

HOUSTON: Oil prices rose about 3% on Monday, as OPEC+ members agreed to a small production cut of 100,000 barrels ...

Published 06 Sep, 2022 04:08am

World

Putin and Erdogan agree to boost cooperation, some rouble payments for gas

MOSCOW: Russian President Vladimir Putin and Turkish President Tayyip Erdogan agreed on Friday to boost cooperation...

Published 05 Aug, 2022 10:51pm

World

Russia restarts major gas pipeline, expands Ukraine war goals

Russia is resuming supplies of gas via a major pipeline running through Ukraine to Europe on Thursday, the pipeline...

Published 21 Jul, 2022 10:53am

Opinion

Saudi Arabia walks oil policy tightrope between Biden and Putin

Saudi Arabia’s push for swifter oil production hikes by OPEC+, which were agreed in June, involved...

Published 01 Jul, 2022 06:13am

World

Saudi Arabia energy minister holds talks with Russian deputy PM at St Petersburg forum

Saudi Arabia energy minister Prince Abdulaziz bin Salman held talks with Russian Deputy Prime Minister Alexander...

Published 16 Jun, 2022 01:46pm

Markets

Oil jumps 5pc as Caspian pipeline disruption adds to supply fears

• US crude stockpiles fall, output flat for 7th week in a row • Biden to meet NATO allies Thursday

Published 24 Mar, 2022 05:36am

Moscow warns of market ‘collapse’

MOSCOW: Russian Deputy Prime Minister Alexander Novak warned Wednesday that a ban on Russian oil and gas imports...

Updated 24 Mar, 2022 09:11am

Russia says Europe missing out on gas with Nord Stream 2 delay

Markets

Russia's Novak says risks of uncertainty remain in oil market

Oil prices rose on Tuesday, with Brent hitting $71 and trading at its highest since March, on expectations for growing fuel demand during the summer driving season in the United States.

Published 01 Jun, 2021 06:32pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37
France CAC40 / Dec 17	7,365.70
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71

Item	Value
Karachi Cotton PKR/37.32 KG / Dec 17	17,585
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	8.02 ▲ 0.91 (12.80%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Diamond Ind. / Dec 18 Diamond Industries Limited(DIIL)	20.90 ▲ 1.90 (10.00%)
Leather Up Ltd. / Dec 18 Leather Up Limited(LEUL)	26.74 ▲ 2.43 (10.00%)

Stock	Price
Equity Modaraba / Dec 18 First Equity Modaraba(FEM)	3.01 ▼ -0.43 (-12.50%)
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Calcorp Ltd / Dec 18 Calcorp Limited(CASH)	26.22 ▼ -2.91 (-9.99%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	199.88 ▼ -21.05 (-9.53%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.13
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▼ -0.21
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.54
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▼ -0.02
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.85
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.76
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.03
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -3.68
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	31,365,092 ▼ -0.27

Markets →

Budget 2024-25: income tax calculator for FY25

Alexander Novak

Most Popular