Trends - Middle East crude - Business Recorder

Middle East crude

Oil extends gains with September Fed rate cut in focus

LONDON: Oil extended gains on Thursday, as support from growing expectations of an interest rate cut from the U.S....

Updated 06 Jun, 2024 05:36pm

Markets

Mideast oil benchmarks wallow in discounts, lowest since 2020

SINGAPORE: Middle East crude benchmarks Dubai and Oman hit their lowest levels since 2022 as low pre-holiday...

Published 19 Dec, 2023 02:54pm

Markets

Middle East Crude: Benchmarks edge down amid ample supplies

SINGAPORE: Middle East crude benchmarks Oman and Dubai edged lower on Tuesday amid ample supplies and lower demand...

Published 15 Dec, 2021 06:34am

Markets

Middle East Crude-Benchmarks ease

SINGAPORE: Middle East crude benchmarks Oman and Dubai eased for third session on Tuesday even as several spot ...

Published 17 Nov, 2021 04:22am

Markets

Middle East Crude-Benchmarks hold steady; ESPO climbs on China demand

SINGAPORE: Middle East crude benchmarks Oman and Dubai held steady on Tuesday, while ESPO premiums touched near...

Published 19 Oct, 2021 04:34pm

Markets

ME Crude: Benchmarks inch up

SINGAPORE: Middle East crude benchmarks Oman and Dubai edged up on Wednesday, while the market awaited fresh cues...

Published 15 Apr, 2021 03:22am

Markets

Middle East Crude-Benchmarks rise; Saudi raises April OSPs for Asia

Saudi Arabia's state oil producer Aramco set its April official selling price (OSP) for its Arab Light crude to Asia at plus $1.40 per barrel versus the Oman/Dubai average, up $0.40 from March.

Published 09 Mar, 2021 10:39am

Markets

Average Dubai crude oil price rises to 13-month high in Feb

Saudi Aramco changed the benchmark for setting its official selling prices to Asia starting from October 2018 to the average of Platts Dubai and DME Oman crude futures.

Published 01 Mar, 2021 10:04am

Markets

Middle East Crude-Benchmarks strengthen to 7-week high

Pertamina closed a condensate procurement tender for April delivery.

Published 02 Feb, 2021 03:27pm

Markets

Average Dubai crude oil price rises to $54.772/bbl in Jan - source

The monthly averages for January for Dubai and Oman as quoted by Platts are indicated in the table. Middle East producers set their monthly official selling prices (OSPs) at premiums or discount to these averages.

Published 01 Feb, 2021 09:12am

Markets

Middle East Crude-Benchmarks dip as trading activity winds down

The Tuesday offers were about 10 cents lower compared with Monday's MOC offer levels, but did not attract any buyers.

Published 26 Jan, 2021 03:27pm

Markets

Middle East Crude-Benchmarks rise on Asia refinery demand

The deals could not be independently verified as the companies do not typically comment on such commercial matters.

Updated 21 Jan, 2021 08:35pm

Markets

Average Dubai crude oil price rises to 10-mth-high in December

Saudi Aramco changed the benchmark for setting its official selling prices to Asia starting from October 2018 to the average of Platts Dubai and DME Oman crude futures.

Published 04 Jan, 2021 09:22am

Markets

Middle East Crude-Dubai slips; ADNOC to maintain supply cuts in Feb

Upper Zakum crude supplies will be reduced by 18% in February, they said.

Published 24 Dec, 2020 12:20pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Karachi Cotton PKR/37.32 KG / Nov 16	18,085
Petrol/Litre / Nov 18	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 18 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 18 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 18 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 18 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 18 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 18 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 18 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 18 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 18 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 18 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 18 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 18 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 18 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 18 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 18 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 18 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 18 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 18 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 18 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 18 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 18 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 18 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 18 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 18 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 18 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 18 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

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