Trends - Crude Oil - Business Recorder

Crude Oil

Saudi crude oil supply to China to fall in December on weak demand

SINGAPORE: Saudi Arabia’s crude oil supply to China is set to fall to about 36.5 million barrels in December, trade...

Published 11 Nov, 2024 02:50pm

Markets

Oil prices climb as US reserve bid lends support

Oil prices rose on Tuesday after tumbling 6% in the previous session, as a U.S. plan to buy oil for the Strategic...

Updated 29 Oct, 2024 04:51pm

BR Research

OGDC 1QFY25: Profit slips, optimism drills deep

After strong earnings in FY24, Oil & Gas Development Company Limited (PSX: OGDC) posted a profit after tax of Rs...

Published 29 Oct, 2024 08:44am

Markets

Oil slides 5% after limited Israeli retaliatory attack on Iran

Brent futures down $4.13, or 5.43%, at $71.92 a barrel

Updated 28 Oct, 2024 08:16pm

Markets

Oil set for 3% weekly gain, investors weigh Middle East risk

HOUSTON: Oil prices were on track to gain around 3% on the week as Friday’s prices ticked up, with investors taking...

Updated 25 Oct, 2024 09:43pm

Markets

Malaysia’s crude oil supplies to China continue to surge in September

BEIJING/SINGAPORE: China’s crude oil imports from Malaysia, its third-largest supplier, rose 17.5% in September from...

Published 20 Oct, 2024 09:58am

Markets

Oil prices fall, on track for 8% weekly decline on China demand woes

HOUSTON: Oil futures fell on Friday and were on track for a weekly drop of 8% after data showed China’s economic...

Updated 18 Oct, 2024 08:53pm

Markets

Saudi Arabia’s crude oil exports in August hit one-year low

Saudi Arabia’s crude oil exports in August fell to their lowest level in a year, data from the Joint Organizations...

Published 17 Oct, 2024 03:27pm

Markets

Oil prices climb 2% on US storm and Israel-Iran fears

NEW YORK: Oil prices climbed about 2% on Thursday on a spike in U.S. fuel use before Hurricane Milton barrelled...

Updated 10 Oct, 2024 09:59pm

Opinion

The clock ticks to Israel’s reply

The panic attack in the crude oil market must have lit up Sleepy Joe’s phone with frantic calls from the Treasury as...

Published 10 Oct, 2024 03:15am

Markets

PMEX daily trading report

KARACHI: On Tuesday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 41.843 billion...

Published 10 Oct, 2024 03:03am

Markets

Oil prices climb 2% on China stimulus, Middle East conflict

Oil prices climbed about 2% to a three-week high on Tuesday on news of monetary stimulus from China, the world’s top...

Updated 24 Sep, 2024 09:09pm

BR Research

OGDC in FY24

Oil and Gas Development Company Limited announced its financial performance for FY24, and the E&P giant...

Published 24 Sep, 2024 08:09am

Markets

Oil edges higher on Middle East tensions, storm worries

HOUSTON: Oil prices ticked up on Monday as investors worried about supply after tensions in the Middle East...

Updated 23 Sep, 2024 08:43pm

Markets

Oil prices set to end week higher after US rate cut

Oil prices eased on Friday but were on track to register gains for a second straight week following a large cut in...

Updated 20 Sep, 2024 09:45pm

Markets

Saudi Arabia’s crude oil exports in July hit almost one-year low

Saudi Arabia’s crude oil exports in July fell to their lowest level in nearly a year, data from the Joint...

Published 19 Sep, 2024 03:02pm

Markets

Oil prices rise on supply shocks, prospect of US interest rate cuts

NEW YORK: Oil prices rose by a dollar a barrel on Tuesday as supply disruptions mounted and traders bet demand will...

Updated 17 Sep, 2024 09:47pm

Markets

Oil prices edge higher ahead of Fed interest rate decision

LONDON: Oil prices edged higher on Monday as ongoing disruption to U.S. Gulf oil infrastructure balanced persistent...

Updated 16 Sep, 2024 05:28pm

Business & Finance

Bank of Canada head raises prospect of rate cuts as growth fears mount, FT reports

Bank of Canada Governor Tiff Macklem opened the door to increasing the pace of interest rate cuts, the Financial...

Published 15 Sep, 2024 10:13am

Markets

China’s August crude oil imports fall 7% on weak demand, refining margins

BEIJING: China’s crude oil imports in August fell 7% year-on-year, customs data showed on Tuesday, as weak refining...

Published 10 Sep, 2024 11:09am

Markets

Brent crude falls on demand fears

HOUSTON: Brent crude oil prices fell by $1 a barrel to $72.75 on Wednesday because of pessimism about demand in the...

Published 05 Sep, 2024 06:19am

Markets

Oil prices fall 2pc on economic worries, technical decline

NEW YORK: Oil prices fell about 2% on Tuesday on worries that slower economic growth in the US and China could...

Published 28 Aug, 2024 06:22am

Markets

Oil climbs $2/barrel

HOUSTON: US light crude oil gained more than $2 a barrel on Friday after comments by US Federal Reserve Chair Jerome...

Published 24 Aug, 2024 06:23am

Markets

Oil prices steady as US crude draw limits downside

Oil prices steadied on Thursday after four days of declines on investor concern over the global demand outlook,...

Updated 22 Aug, 2024 05:42pm

Markets

Niger resumes oil exports via Benin after suspension

COTONOU: Landlocked Niger has resumed crude oil exports via Benin after a dispute between the countries halted the...

Published 22 Aug, 2024 06:58am

Markets

Oil price dip keeps Brent below $80 on China demand woes

LONDON: Oil prices eased on Monday, with Brent holding below $80 as concern over demand in top oil importer China...

Updated 19 Aug, 2024 03:09pm

Markets

Oil falls 2pc to end volatile week

NEW YORK: Oil prices settled down nearly 2% on Friday, little changed on the week with Brent crude below $80 a...

Published 17 Aug, 2024 06:12am

Markets

Oil prices fall more than 1% on China worries

Oil prices fell by more than $1 on Friday, with Brent slipping below $80 a barrel after a string of dismal...

Updated 16 Aug, 2024 05:12pm

Business & Finance

Oil rises nearly 2pc

NEW YORK: Oil prices gained more than $1 a barrel on Thursday after US economic data allayed fears of recession in...

Published 16 Aug, 2024 06:56am

Markets

Global oil demand growth slowing: IEA

PARIS: Global oil demand growth slowed in the second quarter of the year, primarily due to softer construction and...

Published 13 Aug, 2024 05:57pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
FTSE 100 / Nov 20	8,085.07
Dow Jones / Nov 20	43,408.47
Germany DAX 30 / Nov 20	19,004.78
France CAC40 / Nov 20	7,198.45
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17

Item	Value
Gold 10 Grams PKR / Nov 20	238,940
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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