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Oil

CNOOC’s Q1 profit down 7.9% on weaker oil prices, but output grows

SINGAPORE: Chinese offshore oil and gas major CNOOC Ltd’s (600938.SS), opens new tab first-quarter net profit fell...

Published about 9 hours ago

Markets

Oil prices fall 2% to 2-week low as trade war concerns dampen demand outlook

NEW YORK: Oil prices fell about 2% to a two-week low on Tuesday on expectations OPEC+ will boost output even as U.S....

Updated about 3 hours ago

Markets

Oil set for weekly fall amid supply pressure, tariff uncertainty

LONDON: Oil prices fell on Friday and were set for a weekly decline of over 3% on the back of oversupply concerns...

Updated 25 Apr, 2025 06:49pm

Markets

Oil regains ground after 2% drop on potential OPEC+ output increase

LONDON: Oil prices recovered some losses on Thursday, with investors weighing a potential OPEC+ output increase...

Updated 24 Apr, 2025 05:03pm

Markets

Oil prices fall 3pc

HOUSTON: Oil prices slipped 3% on Wednesday as sources said OPEC+ would consider accelerating its oil output...

Published 24 Apr, 2025 04:11am

Markets

Oil prices fall nearly 2%, sources say OPEC+ to consider accelerating oil output in June

HOUSTON: Oil prices fell almost 2% on Wednesday as sources said OPEC+ could accelerate its oil output increases next...

Updated 23 Apr, 2025 08:33pm

Markets

Oil prices stage recovery on new Iran sanctions, equities rally

NEW YORK: Oil prices rose more than $1 per barrel on Tuesday as new U.S. sanctions against Iran and rising equity...

Updated 22 Apr, 2025 09:36pm

Business & Finance

Chevron announces first oil at Ballymore project in US Gulf

HOUSTON: Chevron has started oil and gas production from a project in the U.S. Gulf of Mexico, the oil major said on...

Published 21 Apr, 2025 06:14pm

Markets

Oil falls nearly 3% on signs of progress in U.S.-Iran talks, demand fears

NEW YORK: Oil prices fell nearly 3% on Monday on signs of progress in talks between the U.S. and Iran, while...

Updated 21 Apr, 2025 08:50pm

Markets

Oil set for weekly rise after new Iran sanctions

NEW YORK: Oil prices rose to the highest in two weeks on Thursday after the United States imposed new sanctions to...

Published 18 Apr, 2025 05:52am

Markets

Oil set for weekly rise on new Iran sanctions

LONDON: Oil prices rose to the highest in two weeks on Thursday after the United States imposed new sanctions to...

Updated 17 Apr, 2025 04:28pm

Markets

Oil prices dip after IEA cuts demand growth outlook

LONDON: Oil prices inched down on Tuesday after the International Energy Agency followed OPEC in slashing its oil...

Updated 15 Apr, 2025 05:33pm

Markets

OPEC cuts global oil demand growth forecasts

LONDON: OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the...

Published 15 Apr, 2025 05:54am

Markets

Goldman Sachs expects oil prices to decline through 2026

Goldman Sachs expects oil prices to decline through the end of this year and next year because of the rising risk of...

Published 14 Apr, 2025 08:01am

Markets

Oil rises on tariff exemptions and Chinese imports rebound

LONDON: Oil prices rose 1% on Monday after U.S. exclusions on some tariffs and Chinese data showing a sharp rebound...

Updated 14 Apr, 2025 05:29pm

Markets

US says we can stop Iran’s oil exports

ABU DHABI: US Energy Secretary Chris Wright said on Friday that the United States could stop Iran’s oil exports as...

Published 12 Apr, 2025 05:40am

Budget 2025-26

Oil prices climb 1% after heavy US tariff-driven selloff

TOKYO: Oil prices rose more than 1% on Tuesday, rebounding after a hefty selloff in recent sessions led by concerns...

Published 08 Apr, 2025 11:07am

Markets

Oil prices hold around multi-year lows as China braces for US trade war

LONDON: Oil prices steadied on Tuesday but remained near four-year lows as a recovery in equity markets was...

Updated 08 Apr, 2025 06:47pm

Markets

Oil prices slide 2pc to nearly 4-year low

NEW YORK: Oil prices slid 2% to a nearly four-year low on Monday on worries US President Donald Trump’s latest trade...

Published 08 Apr, 2025 05:40am

Markets

Crude oil’s demand woes shown by softer Q1 Asia imports: Russell

LAUNCESTON: Crude oil prices are tumbling in the wake of US President Donald Trump’s upending of global trade. But...

Published 07 Apr, 2025 10:37am

Markets

Govt urged to reduce oil prices in line with global trends

KARACHI: Zubair Tufail, President of the United Business Group (UBG), has urged the government to significantly...

Published 06 Apr, 2025 05:44am

Markets

Oil tumbles nearly 8% as China retaliates with tariffs on US

Brent futures down $5.55, or 7.9%, to $64.59 a barrel

Updated 04 Apr, 2025 08:46pm

Markets

Oil dives more than 6pc, steepest fall in 3 years

HOUSTON: Oil prices swooned on Thursday to settle with their steepest percentage loss since 2022, after OPEC+ agreed...

Published 04 Apr, 2025 05:22am

Markets

OPEC+ to advance oil output hike plan, oil drops

LONDON/MOSCOW: Eight OPEC+ countries agreed on Thursday to advance their plan for oil output hikes by increasing oil...

Published 03 Apr, 2025 05:06pm

Markets

Oil slumps over 7% on Trump tariffs, OPEC+ boosting output

Brent futures were down $5.33, or 7.11%, at $69.62 a barrel by 1504 GMT

Updated 03 Apr, 2025 09:08pm

Markets

Oil edges higher as market awaits fresh U.S. tariffs

NEW YORK: Oil prices edged higher on Wednesday as market participants braced for U.S. reciprocal tariffs due to be...

Updated 02 Apr, 2025 08:23pm

Markets

Oil steadies near $75 as market weighs tariffs, sanctions

Brent futures were up 3 cents, or 0.04%, at $74.80 a barrel at 1352 GMT

Updated 02 Apr, 2025 09:03am

Markets

Oil prices climb to 5-week high on Russia, Iran supply worries

Oil prices climbed about 1% to a five-week high on Monday on worries supplies could decline if U.S. President Donald...

Updated 31 Mar, 2025 09:31pm

Markets

Oil slips on recession fears

NEW YORK: Oil prices fell on Friday on worries that US tariff wars could spark a global recession, but gained for a...

Published 30 Mar, 2025 05:34am

Markets

Oil prices climb 1% on US crude and fuel stock draw, Venezuela supply worries

HOUSTON: Oil prices rose on Wednesday, buoyed by government data showing U.S. crude oil and fuel inventories fell...

Updated 26 Mar, 2025 11:31pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Apr 29	281.08
USD PKR Interbank Buying / Apr 29	280.83
USD to Japanese Yen / Apr 29	142.40
USD to Swiss Franc / Apr 29	0.82
Pound Sterling to USD / Apr 29	1.34
Euro to USD / Apr 29	1.14
UK LIBOR % / Apr 24	4.96

Stock	Volume
S&P 500 / Apr 28	5,528.75
Tokyo Nikkei / Apr 28	35,839.99
Nasdaq / Apr 28	17,366.13
Dow Jones / Apr 28	40,227.59
India Sensex / Apr 29	80,307.05
Hang Seng / Apr 29	21,960.83
FTSE 100 / Apr 29	8,417.19
Germany DAX 30 / Apr 29	22,386.66
France CAC40 / Apr 29	7,578.21

Item	Value
Karachi Cotton PKR/37.32 KG / Apr 28	16,985
Gold 10 Grams PKR / Apr 28	297,582
Crude Oil USD/Barrel / Apr 29	61.34
Gold Spot USD/Ounce / Apr 29	3,315.07
Cotton US¢/pound / Apr 29	67.50
Petrol/Litre / Apr 30	254.63
Diesel/Litre / Apr 30	258.64

Gainers
Losers
Leaders

Stock	Price
Tri-Star Mutual / Apr 29 Tri-Star Mutual Fund Limited(TSMF)	9.40 ▲ 0.9 (10.59%)
Apna Microfin. / Apr 29 Apna Microfinance Bank Limited(AMBL)	10.29 ▲ 0.97 (10.41%)
EMCO Industries / Apr 29 Emco Industries Limited(EMCO)	42.20 ▲ 3.84 (10.01%)
Askari Bank / Apr 29 Askari Bank Limited(AKBL)	37.26 ▲ 3.39 (10.01%)
Punjab Oil / Apr 29 Punjab Oil Mills Limited(POML)	162.43 ▲ 14.77 (10%)
Sunrays Textile / Apr 29 Sunrays Textile Mills Limited(SUTM)	189.22 ▲ 17.2 (10%)
Jubilee Spinning / Apr 29 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	11.55 ▲ 1.05 (10%)
PIA Holding Co.B / Apr 29 PIA Holding Company Limited B(PIAHCLB)	3,969.39 ▲ 360.85 (10%)
Shakarganj / Apr 29 Shakarganj Limited(SML)	47.94 ▲ 4.36 (10%)
Faran Sugar / Apr 29 Faran Sugar Mills Limited(FRSM)	47.08 ▲ 4.28 (10%)

Stock	Price
First Capital Equities / Apr 29 First Capital Equities Limited(FCEL)	4.25 ▼ -0.67 (-13.62%)
Dewan Textile / Apr 29 Dewan Textile Mills Limited(DWTM)	5.71 ▼ -0.8 (-12.29%)
Dewan Mushtaq / Apr 29 Dewan Mushtaq Textile Mills Limited(DMTM)	7.02 ▼ -0.98 (-12.25%)
Gulistan Sp. / Apr 29 Gulistan Spinning Mills Limited(GUSM)	6.88 ▼ -0.91 (-11.68%)
Lalpir Power / Apr 29 Lalpir Power Limited(LPL)	23.04 ▼ -2.54 (-9.93%)
First Elite Cap.Mod / Apr 29 First Elite Capital Modaraba(FECM)	11.53 ▼ -1.24 (-9.71%)
Liven Pharma / Apr 29 Liven Pharma Limited(LIVEN)	63 ▼ -6.64 (-9.53%)
First IBL Mod. / Apr 29 First IBL Modaraba(FIBLM)	2.76 ▼ -0.29 (-9.51%)
At-Tahur Ltd. / Apr 29 At-Tahur Limited(PREMA)	70.98 ▼ -7.09 (-9.08%)
J.K.Spinning / Apr 29 J.K. Spinning Mills Limited(JKSM)	56.31 ▼ -5.59 (-9.03%)

Stock	Volume
WorldCall Telecom / Apr 29 Worldcall Telecom Limited(WTL)	29,469,482 ▲ 0
Cnergyico PK / Apr 29 Cnergyico PK Limited(CNERGY)	14,819,788 ▲ 0.27
At-Tahur Ltd. / Apr 29 At-Tahur Limited(PREMA)	14,772,321 ▼ -7.09
Maple Leaf Cement / Apr 29 Maple Leaf Cement Factory Limited(MLCF)	13,415,249 ▲ 2.45
Kohinoor Spining / Apr 29 Kohinoor Spinning Mills Limited(KOSM)	12,527,631 ▲ 0
Sui North Gas / Apr 29 Sui Northern Gas Pipelines Limited(SNGP)	12,310,485 ▲ 7.54
Sui South Gas / Apr 29 Sui Southern Gas Company Limited(SSGC)	12,184,577 ▲ 1.61
K-Electric Ltd. / Apr 29 K-Electric Limited(KEL)	12,084,167 ▲ 0.03
Big Bird Foods / Apr 29 Big Bird Foods Limited(BBFL)	11,230,070 ▲ 4.15
B.O.Punjab / Apr 29 The Bank of Punjab(BOP)	11,053,553 ▲ 0.18

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