Trends - barrel - Business Recorder

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Oil rally to continue in 2022 as demand outstrips supply, analysts say

LONDON: Oil prices that rallied 50% in 2021 will power further ahead this year, some analysts predict, saying a lack...

Published 12 Jan, 2022 11:50pm

Markets

Brent dips after topping $80 a barrel, highest since Oct 2018

NEW YORK: Brent oil dipped on Tuesday after topping $80 per barrel for the first time in nearly three years, as a...

Published 29 Sep, 2021 03:59am

Markets

Asia’s gasoline crack rises

NEW DELHI: Asia’s gasoline crack gained for a second straight session on Wednesday on hopes of a weekly decline in...

Published 23 Sep, 2021 04:35am

Markets

Shell begins shutting Norco, Louisiana refinery

HOUSTON: Royal Dutch Shell Plc began shutting its 230,611 barrel-per-day Norco, Louisiana refinery and adjoining...

Published 29 Aug, 2021 03:08am

Markets

Brent oil may fall to $69.07 per barrel

SINGAPORE: Brent oil may fall to $69.07 per barrel, as suggested by its wave pattern. The bounce from the Aug. 9 ...

Published 17 Aug, 2021 04:42am

Markets

Asia’s gasoline crack falls below $9 a barrel

NEW DELHI: Asia’s gasoline crack fell below $9 a barrel on Monday, after holding above multi-month highs for more...

Published 17 Aug, 2021 04:42am

Markets

Asia’s naphtha crack eases from multi-year high

SINGAPORE: Asian refining profit margins for gasoline and naphtha slid on Tuesday. The naphtha crack dipped to...

Published 14 Jul, 2021 03:59am

Markets

Asia naphtha, gasoline margins improve on brighter outlook

SINGAPORE: Asia’s gasoline and naphtha margins improved on Friday on the back of a brighter economic outlook in ...

Published 10 Jul, 2021 03:42am

Markets

US oil neutral in $63.88-$65.45 range

The long-expected second correction may be developing towards $61.79, as indicated by a triangle.

Published 19 May, 2021 12:10pm

Markets

US oil may retest support at $63.88

The current correction could complete around $61.79, as suggested by a possible triangle.

Published 12 May, 2021 12:30pm

Markets

US oil may fall to $59.78

A break above $61.35 may lead to a gain to $62.62. On the daily chart, oil has broken a support at $61.74.

Published 22 Apr, 2021 12:29pm

Markets

Brent oil neutral in $62.47-$63.85 range

On the daily chart, the sideways mode remains unchanged.

Published 13 Apr, 2021 11:10am

Markets

Oil slips for third session before US inventories EIA data

"The longer it remains above this threshold, the greater the incentive for US and other non-OPEC+ producers to increase production."

Published 10 Mar, 2021 02:09pm

Markets

Oil prices jump more than $1 as US output struggles to fully restart

"It is hard not to be bullish with oil prices now that the deep freeze disruption practically guarantees the summer pickup in crude demand will erase whatever supply glut is left," said Edward Moya, senior market analyst at OANDA in New York.

Published 23 Feb, 2021 11:37am

Markets

Oil dips after unexpected rise in US crude stocks

The administration is also committed to ending new oil and gas leasing on federal lands.

Published 21 Jan, 2021 07:20pm

Markets

Global shares edge up on news Trump signs aid bill

Bitcoin extended gains over the weekend to reach a new high of $28,377.94 before stepping back to $26,457.32, bringing the total value of the cryptocurrency in circulation to over $500 billion.

Published 28 Dec, 2020 09:13am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 30	278.97
USD PKR Interbank Buying / Jan 30	278.77
USD to Japanese Yen / Jan 30	154.56
USD to Swiss Franc / Jan 30	0.91
Pound Sterling to USD / Jan 30	1.24
Euro to USD / Jan 30	1.04

Stock	Volume
S&P 500 / Jan 29	6,039.31
Nasdaq / Jan 29	19,632.32
Hang Seng / Jan 29	20,225.11
Dow Jones / Jan 29	44,713.52
India Sensex / Jan 30	76,776.38
Tokyo Nikkei / Jan 30	39,467.47
FTSE 100 / Jan 30	8,567.71
Germany DAX 30 / Jan 30	21,655.86

Item	Value
Karachi Cotton PKR/37.32 KG / Jan 29	18,285
Gold 10 Grams PKR / Jan 29	247,513
Crude Oil USD/Barrel / Jan 30	72.66
Gold Spot USD/Ounce / Jan 30	2,759.76
Cotton US¢/pound / Jan 30	66.57
Petrol/Litre / Jan 31	256.13

Gainers
Losers
Leaders

Stock	Price
Chenab Ltd / Jan 30 Chenab Limited(CHBL)	9.08 ▲ 1 (12.38%)
Kohinoor Ind. / Jan 30 Kohinoor Industries Limited(KOIL)	9.26 ▲ 1 (12.11%)
PICIC Ins.Ltd. / Jan 30 PICIC Insurance Limited(PIL)	2.52 ▲ 0.23 (10.04%)
Redco Textile / Jan 30 Redco Textiles Limited(REDCO)	21.97 ▲ 2 (10.02%)
Sana Ind / Jan 30 Sana Industries Limited(SNAI)	28.77 ▲ 2.62 (10.02%)
I.C.C. Ind. / Jan 30 ICC Industries Limited(ICCI)	14.29 ▲ 1.3 (10.01%)
Ashfaq Textile / Jan 30 Ashfaq Textile Mills Limited(ASHT)	17.48 ▲ 1.59 (10.01%)
Ahmad Hassan / Jan 30 Ahmad Hassan Textile Mills Limited(AHTM)	59.90 ▲ 5.45 (10.01%)
Atlas Honda Ltd / Jan 30 Atlas Honda Limited(ATLH)	873.29 ▲ 79.39 (10%)

Stock	Price
Tariq Corp.Pref. / Jan 30 Tariq Corporation Limited-Preference Shares(TCORPCPS)	6.91 ▼ -0.97 (-12.31%)
First Capital Equities / Jan 30 First Capital Equities Limited(FCEL)	5.21 ▼ -0.68 (-11.54%)
National Silk / Jan 30 The National Silk & Rayon Mills Limited(NSRM)	45.35 ▼ -5.04 (-10%)
Blue-Ex Ltd / Jan 30 Blue-Ex Limited (GEM)(GEMBLUEX)	55.40 ▼ -6.15 (-9.99%)
Kohat Textile / Jan 30 Kohat Textile Mills Limited(KOHTM)	32 ▼ -3.13 (-8.91%)
Hussain Industries / Jan 30 Husein Industries Limited(HUSI)	26.41 ▼ -2.45 (-8.49%)
Trust Sec.& Brok. / Jan 30 Trust Securities & Brokerage Limited(TSBL)	13.60 ▼ -1.14 (-7.73%)
JS Investments / Jan 30 JS Investments Limited(JSIL)	21.02 ▼ -1.74 (-7.64%)
Universal Ins. / Jan 30 The Universal Insurance Company Limited(UVIC)	9.13 ▼ -0.67 (-6.84%)

Stock	Volume
Sui South Gas / Jan 30 Sui Southern Gas Company Limited(SSGC)	48,078,930 ▲ 2.48
Waves Home Appliances / Jan 30 Waves Home Appliances Limited(WAVESAPP)	33,126,010 ▲ 1.16
Bank Makramah / Jan 30 Bank Makramah Limited(BML)	31,438,642 ▲ 0.23
Cnergyico PK / Jan 30 Cnergyico PK Limited(CNERGY)	31,197,761 ▲ 0.13
K-Electric Ltd. / Jan 30 K-Electric Limited(KEL)	29,670,310 ▲ 0.13
Citi Pharma Ltd / Jan 30 Citi Pharma Ltd.(CPHL)	25,413,292 ▲ 2.73
Dewan Motors / Jan 30 Dewan Farooque Motors Limited(DFML)	24,726,221 ▼ -1.63
WorldCall Telecom / Jan 30 Worldcall Telecom Limited(WTL)	20,794,723 ▲ 0.02
Fauji Cement / Jan 30 Fauji Cement Company Limited(FCCL)	13,308,955 ▲ 0.1

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