Trends - Oil - Business Recorder

Oil

Oil rises for fifth day on supply concerns

HOUSTON: Oil prices rose on Tuesday for a fifth day on expectations that global supply may tighten after the US...

Published about 3 hours ago

Markets

Oil rises for fifth day on supply concerns after Venezuela tariffs

TOKYO/SINGAPORE: Oil prices rose on Tuesday for a fifth day on concerns global supply will tighten after the US...

Updated about 18 hours ago

Markets

Oil prices climb

HOUSTON: Oil prices gained 1% on Monday as US President Donald Trump said he will impose 25% tariff on countries ...

Published a day ago

Markets

China’s Jan-Feb crude oil imports from top supplier Russia drop

SINGAPORE: Russia remains the top oil supplier to China during the first two months of 2025, but volumes - including...

Updated 23 Mar, 2025 07:27am

Markets

Oil prices rise after US issues new Iran-related sanctions

HOUSTON: Oil prices rose on Thursday after the U.S. issued new Iran-related sanctions, data showed a...

Updated 20 Mar, 2025 08:53pm

Markets

Oil edges higher, but recession fears and tariffs limit gains

NEW YORK: Oil prices rose less than 1% on Tuesday, helped by weakness in the dollar, although gains were capped as...

Updated 11 Mar, 2025 08:48pm

Markets

Oil prices sink

NEW YORK: Oil prices were lower on Monday as concern over the impact of US tariff uncertainty and rising output from...

Published 11 Mar, 2025 07:12am

Markets

Oil steady as tariff uncertainty keeps investors on edge

LONDON: Oil prices held steady on Monday as concern over the impact of U.S. tariff uncertainty and rising output...

Updated 10 Mar, 2025 04:52pm

Markets

Oil prices higher

HOUSTON: Oil prices gained on Friday but retreated from session highs after US President Donald Trump threatened...

Published 09 Mar, 2025 05:17am

Markets

Oil eases in choppy trading on U.S. tariffs, OPEC+ plans to raise output

HOUSTON: Oil prices eased slightly in choppy trade on Thursday with Brent still below $70 under pressure from trade...

Updated 06 Mar, 2025 09:47pm

Markets

Oil drops $2 after US crude stock build, OPEC+ output increase, Trump tariffs

Brent futures falls $2.19, or 3.1%, to $68.85 a barrel

Updated 05 Mar, 2025 09:36pm

Markets

Oil falls on White House spat, tariffs, Iraq exports

HOUSTON: Oil prices fell on Friday and were headed for their first monthly drop since November, as markets watched...

Published 02 Mar, 2025 02:44am

World

Iraq invites global oil firms for talks on Kurdistan contracts

DUBAI: Iraq’s Ministry of Oil said on Saturday it had invited global foreign companies operating under the...

Published 01 Mar, 2025 03:10pm

Petrol price cut by Re0.50, HSD’s by Rs5.31

ISLAMABAD: The government on Friday slashed prices of petroleum products with reduction of a price of high speed...

Updated 01 Mar, 2025 09:32am

Markets

Saudi Arabia may lower April oil prices for Asia

SINGAPORE: Top oil exporter Saudi Arabia may slightly cut its crude prices for Asian buyers in April, tracking the...

Published 28 Feb, 2025 03:08pm

Markets

Oil on track for first monthly drop since November on Trump tariff concerns

Oil prices are down over 1% on Friday and were headed for their first monthly drop since November, as markets braced...

Updated 28 Feb, 2025 06:15pm

Markets

Oil gains after Trump cancels Chevron’s Venezuela license

TOKYO/SINGAPORE: Oil prices climbed for the first time in three days on Thursday, with supply worries resurfacing...

Updated 27 Feb, 2025 01:13pm

Markets

Oil holds at two-month low amid rising US fuel inventories

NEW YORK: Oil prices held at two-month lows on Wednesday as a surprise build in US fuel stockpiles signalled demand...

Published 27 Feb, 2025 06:44am

Markets

Oil holds at two-month low on rising supply concerns

LONDON: Oil prices held at two-month lows on Wednesday as a potential peace deal between Russia and Ukraine...

Updated 26 Feb, 2025 05:18pm

Markets

Oil prices fall on worries about US tariffs

NEW YORK: Oil prices fell more than 2% to a two-month low on Tuesday on negative economic news from the US and...

Published 26 Feb, 2025 07:25am

Markets

Euro scales one-month top after Germany’s conservatives win, dollar slumps

SINGAPORE: The euro marched higher on Monday after Germany’s opposition conservatives won the national election as...

Updated 24 Feb, 2025 01:25pm

Markets

Oil prices steady as traders await progress on push for Ukraine peace deal

Brent futures down 6 cents, or 0.1%, at $74.37 barrel

Updated 24 Feb, 2025 11:00pm

Business & Finance

APPDA rejects govt’s decision to deregulate oil prices

ISLAMABAD: The All Pakistan Petroleum Dealers Association (APPDA) rejected the government’s decision to deregulate...

Published 24 Feb, 2025 06:23am

Markets

Oil falls 2pc but concerns over supply disruptions provide support

HOUSTON: Oil prices fell 2% on Friday but were unchanged on the week as concerns about supply disruptions in Russia...

Published 22 Feb, 2025 06:31am

Markets

Donald Trump seeks to reshape Asia’s energy supplies with US gas

TOKYO/WASHINGTON: When President Donald Trump sat down to lunch with his Japanese counterpart this month, talk...

Published 21 Feb, 2025 12:06pm

Markets

Oil heads for weekly gain on supply jitters

Oil prices fell on Friday but were still poised for a weekly gain on supply disruption in Russia while uncertainty...

Updated 21 Feb, 2025 04:53pm

Markets

Oil little changed after report of rising US crude inventories

Oil prices were little changed on Thursday after rising to a near one-week high in the previous session, as an...

Updated 20 Feb, 2025 02:18pm

Markets

Oil rises on supply concerns as market awaits clarity on sanctions

NEW YORK: Oil prices rose about 1% to a one-week high on Wednesday on worries about supply disruptions in Russia and...

Published 20 Feb, 2025 06:44am

Markets

Oil edges higher on supply concerns while market seeks peace talks clarity

LONDON: Oil prices edged up on Wednesday, buoyed by concern over oil supply disruptions in Russia and the U.S. while...

Updated 19 Feb, 2025 06:16pm

Markets

Oil trades steady as Ukraine peace talks counter supply disruptions

NEW YORK: Oil prices held firm on Tuesday as the US and Russia pressed ahead with talks to end the war in Ukraine,...

Published 19 Feb, 2025 06:21am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 25	280.52
USD PKR Interbank Buying / Mar 25	280.27
USD to Japanese Yen / Mar 25	150.54
USD to Swiss Franc / Mar 25	0.88
Pound Sterling to USD / Mar 25	1.29
Euro to USD / Mar 25	1.08
UK LIBOR % / Mar 24	4.96

Stock	Volume
S&P 500 / Mar 24	5,767.57
Nasdaq / Mar 24	18,188.59
Dow Jones / Mar 24	42,583.32
India Sensex / Mar 25	78,073.97
Tokyo Nikkei / Mar 25	37,780.54
Hang Seng / Mar 25	23,413.58
FTSE 100 / Mar 25	8,684.09
Germany DAX 30 / Mar 25	22,926.46
France CAC40 / Mar 25	8,073.56

Item	Value
Karachi Cotton PKR/37.32 KG / Mar 24	17,085
Crude Oil USD/Barrel / Mar 25	69.03
Gold 10 Grams PKR / Mar 25	272,462
Gold Spot USD/Ounce / Mar 25	3,017.31
Cotton US¢/pound / Mar 25	65.64
Petrol/Litre / Mar 26	255.63
Diesel/Litre / Mar 26	258.64

Gainers
Losers
Leaders

Stock	Price
Mughal Iron & Steel Indus.(R) / Mar 25 Mughal Iron & Steel Industries Limited (R)(MUGHALR2)	2.01 ▲ 1 (99.01%)
Ruby Textile / Mar 25 Ruby Textile Mills Limited(RUBY)	7.01 ▲ 1 (16.64%)
Sec. Inv. Bank / Mar 25 Security Investment Bank Limited(SIBL)	8.99 ▲ 1 (12.52%)
Samba Bank / Mar 25 Samba Bank Limited(SBL)	9 ▲ 0.82 (10.02%)
Leiner Pak Gelat / Mar 25 Leiner Pak Gelatine Limited(LPGL)	100.73 ▲ 9.16 (10%)
Adamjee Life Assur. / Mar 25 Adamjee Life Assurance Company Limited(ALIFE)	25.73 ▲ 2.34 (10%)
United Dist. / Mar 25 United Distributors Pakistan Limited(UDPL)	67.29 ▲ 6.12 (10%)
Crescent Fib. / Mar 25 Crescent Fibres Limited(CFL)	45.70 ▲ 4.14 (9.96%)
Popular Islamic / Mar 25 Popular Islamic Modaraba(PIM)	13.19 ▲ 1.19 (9.92%)
Hussain Industries / Mar 25 Husein Industries Limited(HUSI)	27.30 ▲ 2.43 (9.77%)

Stock	Price
Parmount Sp. / Mar 25 Paramount Spinning Mills Limited(PASM)	3.51 ▼ -0.48 (-12.03%)
Shahtaj Sugar / Mar 25 Shahtaj Sugar Mills Limited(SHJS)	117 ▼ -13 (-10%)
Diamond Ind. / Mar 25 Diamond Industries Limited(DIIL)	27.68 ▼ -3.07 (-9.98%)
Zephyr Textile / Mar 25 Zephyr Textiles Limited(ZTL)	9.50 ▼ -1 (-9.52%)
TPL Life Insur. / Mar 25 TPL Life Insurance Limited(TPLL)	55.02 ▼ -5.74 (-9.45%)
Shahtaj Textile / Mar 25 Shahtaj Textile Limited(STJT)	65.05 ▼ -6.54 (-9.14%)
Sindh Abadgar / Mar 25 Sindh Abadgar's Sugar Mills Limited(SASML)	55 ▼ -5.43 (-8.99%)
Elahi Cot. / Mar 25 Elahi Cotton Mills Limited(ELCM)	138 ▼ -13.03 (-8.63%)
Tri-Star Power / Mar 25 Tri-Star Power Limited(TSPL)	7.24 ▼ -0.66 (-8.35%)
Shield Corp. / Mar 25 Shield Corporation Limited(SCL)	253.90 ▼ -22.98 (-8.3%)

Stock	Volume
Pak Elektron / Mar 25 Pak Elektron Limited(PAEL)	28,623,330 ▲ 0.63
TRG Pak Ltd / Mar 25 TRG Pakistan Limited(TRG)	22,742,574 ▼ -3.59
Cnergyico PK / Mar 25 Cnergyico PK Limited(CNERGY)	19,218,186 ▲ 0.01
Sui South Gas / Mar 25 Sui Southern Gas Company Limited(SSGC)	14,168,002 ▲ 0.18
WorldCall Telecom / Mar 25 Worldcall Telecom Limited(WTL)	11,877,825 ▼ -0.05
Pak Int.Bulk / Mar 25 Pakistan International Bulk Terminal(PIBTL)	11,187,536 ▲ 0.08
Pak Refinery / Mar 25 Pakistan Refinery Limited(PRL)	10,362,407 ▼ -0.12
B.O.Punjab / Mar 25 The Bank of Punjab(BOP)	10,164,053 ▼ -0.21
K-Electric Ltd. / Mar 25 K-Electric Limited(KEL)	10,144,462 ▲ 0
Treet Corp / Mar 25 Treet Corporation Limited(TREET)	8,893,519 ▼ -0.53

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