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Crude Oil

Saudi Arabia crude exports reach four-month high in Oct

Saudi Arabia’s crude oil exports in October rose to their highest level in four months, data from the Joint...

Published 18 Dec, 2024 03:08pm

Markets

China’s crude oil imports rebounded in November, but so did storage flows: Russell

LAUNCESTON: China’s crude oil imports in November hit a 14-month high, but much of the additional volume is likely...

Published 16 Dec, 2024 10:48am

Markets

Oil rises 1% as EU agrees further sanctions threatening Russian oil flows

Oil prices rose more than 1% on Wednesday after the European Union agreed an additional round of sanctions...

Updated 11 Dec, 2024 09:50pm

Markets

China Nov crude oil imports up 14% to 48.52mn metric tons

SINGAPORE: China’s November crude oil imports rose 14.3% from a year earlier to 48.52 million metric tons, customs...

Published 10 Dec, 2024 11:04am

Markets

Saudi Arabia cuts crude oil prices for Asia amid nascent demand recovery: Russell

LAUNCESTON: It’s always tempting to try and over-analyse changes in the crude oil market and Saudi Arabia’s decision...

Published 09 Dec, 2024 11:44am

Markets

OPEC+ expected to extend oil supply cuts

VIENNA: The OPEC oil cartel and its allies are expected Thursday to extend their supply cuts to avoid a sharp drop...

Published 05 Dec, 2024 12:57pm

Markets

Oil pares some gains after source says OPEC+ to delay output hike

LONDON: Oil prices pared some gains on Thursday after a source told Reuters OPEC+ has agreed to delay a planned oil...

Updated 05 Dec, 2024 06:15pm

BR Research

PRL: Slippery start to FY25

FY25 started on a heavy note for Pakistan Refinery Limited (PSX: PRL) as the company experienced a challenging...

Published 05 Dec, 2024 08:03am

Business & Finance

Talks under way to import Russian oil: minister

ISLAMABAD: Pakistan and Russia are actively negotiating the structure of a deal for the import of Russian oil by...

Published 05 Dec, 2024 06:47am

Markets

PMEX daily trading report

KARACHI: On Monday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 28.802 billion...

Published 04 Dec, 2024 03:14am

Markets

Oil rises on Chinese data, Middle East tensions

HOUSTON: Oil prices rose on Monday, as strong factory activity in China buoyed hopes of higher demand, and as...

Updated 02 Dec, 2024 09:32pm

Markets

PMEX daily trading report

KARACHI: On Thursday at PMEX, the traded value of Metals, Energy, COTS and indices was recorded at PKR 12.359 ...

Published 01 Dec, 2024 03:13am

Markets

Oil climbs on supply jitters as Russia-Ukraine war escalates

HOUSTON: Oil climbed more than 1% on Thursday as Russia and Ukraine launched missiles at each other, an escalation ...

Published 22 Nov, 2024 03:03am

Markets

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Petrol/Litre / Dec 21	252.10
Karachi Cotton PKR/37.32 KG / Dec 21	17,585

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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