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Global oil

Oil prices rise ahead of OPEC+ meeting

NEW YORK: Oil prices rose more than 1.5% on Tuesday as investors await an OPEC+ meeting expected to rubber stamp...

Published 04 Dec, 2024 03:14am

Markets

Oil falls 2pc as OPEC cuts oil demand growth view, China concerns

HOUSTON: Oil prices declined about 2% on Monday, wiping out all of last week’s gains, as OPEC’s lowering of its...

Updated 15 Oct, 2024 08:43am

Markets

Oil prices up 1% on Middle East tensions; US crude stocks build limits gains

Brent futures up 84 cents, or 1.14%, to $74.40 per barrel

Updated 02 Oct, 2024 09:32pm

Markets

OPEC rolls out global oil outlook to 2050

LONDON: OPEC raised its forecasts for world oil demand for the medium and long term in an annual outlook, citing...

Published 25 Sep, 2024 06:48am

Markets

Global oil demand growth slows as China slumps: IEA

PARIS: Global oil demand grew at its slowest pace since 2020 in the first half of 2024 due to China’s economic...

Published 12 Sep, 2024 02:25pm

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

Morgan Stanley cuts 2024 oil demand growth outlook

NEW YORK: Morgan Stanley has lowered its global oil demand growth forecast for 2024, mainly due to China’s slower...

Published 24 Aug, 2024 06:23am

Markets

Saudi Arabia turns to Kuwait for fuel oil in rare move to meet summer demand

SINGAPORE: Saudi Arabia imported fuel oil from Kuwait for the first time in more than two years in July to help meet...

Published 26 Jul, 2024 07:35am

Markets

IEA sees oil demand growth slowing as China’s share ebbs

LONDON: Global oil demand growth will slow to just under a million barrels per day (bpd) this year and next, the...

Published 11 Jul, 2024 02:32pm

Markets

More than 20pc of global oil refining capacity at risk

LONDON: More than a fifth of global oil refining capacity is at risk of closure, energy consultancy Wood Mackenzie...

Published 31 Mar, 2024 02:53am

Markets

Iraq blames foreign firms for delay in crude exports restart from Iraqi Kurdistan region

CAIRO: Iraq’s oil ministry said on Monday that foreign companies operating in Iraqi Kurdistan were partly to blame...

Published 25 Mar, 2024 10:33am

Markets

Oil falls over demand concerns after US inventory build

TOKYO: Oil prices fell on Thursday as concerns over low demand following a surprise US crude inventory build...

Updated 21 Dec, 2023 01:04pm

Energy/

Brent lurks near $80 as Red Sea tensions spur jitters

LONDON: Global oil benchmark Brent hovered near $80 a barrel on Wednesday amid jitters over global trade disruption...

Published 21 Dec, 2023 03:54am

Markets

Oil perks up after sharp week-long selloff on supply, demand concerns

LONDON: Global oil benchmark Brent remained stuck below $80 a barrel on Friday, but recouped some losses a day after...

Published 18 Nov, 2023 06:03am

Markets

Oil falls more than 3pc as concerns about Mideast supply ease

HOUSTON: Oil slipped more than 3% on Monday as fears eased that the Israel-Hamas war would disrupt supply from the...

Published 31 Oct, 2023 05:26am

World

Peak in oil demand ‘in sight’ before end of decade: IEA

PARIS: Global oil demand could peak before the end of this decade as the energy crisis has accelerated the...

Published 14 Jun, 2023 01:43pm

Markets

OPEC holds global oil demand view steady, cites US debt ceiling risks

LONDON: OPEC’s global oil demand forecast for 2023 was held steady for a third month on Thursday, with the ...

Published 12 May, 2023 05:59am

Markets

Russia’s oil exports rose but revenue fell ahead of price cap: IEA

LONDON: Global oil demand growth will slow next year but will still be at a robust 1.7% as China recovers from...

Published 14 Dec, 2022 05:10pm

World

India seeks to use global energy challenge as opportunity, says minister

NEW DELHI: India, the world's third biggest oil import, hopes to convert the current global oil challenges from the...

Published 24 Nov, 2022 11:35pm

Markets

Saudi crude exports surge to 29-month high in September

BENGALURU: Saudi Arabia’s crude oil exports rose for a fourth straight month in September to the highest in 29...

Published 18 Nov, 2022 05:53am

Markets

OPEC+ supply shortfall now stands at 3.5pc of global oil demand

LONDON: OPEC+ is now producing below its targets by a record 3.58 million barrels per day - about 3.5% of global...

Published 21 Sep, 2022 05:57am

Markets

Oil demand to return to pre-Covid level in 2023: IEA

PARIS: Global oil demand will return to pre-pandemic levels next year as China’s consumption recovers from Covid...

Published 15 Jun, 2022 03:27pm

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
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

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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