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oil output policy

OPEC+ seen sticking with oil output policy, delegates say

LONDON/DUBAI: An OPEC+ panel is likely to recommend sticking with the oil producer group’s output policy when it...

Published 01 Feb, 2023 04:18pm

Business & Finance

OPEC+ panel unlikely to tweak oil policy

LONDON: An OPEC+ panel is likely to endorse the producer group’s current oil output policy when it meets next ...

Published 25 Jan, 2023 06:25am

Markets

Russia, Saudi signal no rush on Omicron ahead of OPEC+ meeting

MOSCOW/LONDON: Russia and Saudi Arabia signalled on Monday there was no need for OPEC+ to race to adjust oil output...

Updated 29 Nov, 2021 07:27pm

Markets

OPEC+ likely to stick to oil output plan, sources say

LONDON: OPEC and its allies are likely to stick to plans to raise oil output by 400,000 barrels per day (bpd) at an...

Published 04 Nov, 2021 07:45pm

Markets

Iraqi oil minister deems oil at $75-$80 a barrel fair to producers and consumers

The OPEC member is also targeting raising its crude export capacity to 6 million bpd from 4 million bpd now by the end of 2024

Published 06 Oct, 2021 06:07pm

Markets

OPEC+ plans new output policy meeting on Sunday

OPEC+, still needs to take a final decision on output policy after talks earlier this month were abandoned because of the dispute between Saudi and the UAE.

Published 17 Jul, 2021 07:51pm

Markets

OPEC+ seeks consensus on oil output policy after UAE roadblock

Saudi, Russia had pushed plan to lift output, extend pact.
UAE against extending oil pact through 2022, sources say.
UAE wants own output set at higher level under any deal.
A deal could see 2 mln bpd added to market by December.

Published 02 Jul, 2021 07:42pm

Markets

Oil on track for 9-week high on rising demand outlooks

Brent futures rose $1.09, or 1.6%, to $69.64 a barrel.
US West Texas Intermediate (WTI) crude rose $1.08, or 1.7%, to $66.36.
India's coronavirus death toll crossed 250,000 in the deadliest 24 hours since the pandemic began.

Updated 12 May, 2021 07:32pm

Markets

Oil prices rise after robust China data, Middle East tension

US crude stockpiles seen down for third week -Reuters poll.
OPEC ups 2021 oil demand forecast.
Coming up: API inventory data at 2030 GMT.

Published 13 Apr, 2021 08:34pm

Markets

OPEC+ debates whether to ease oil output cuts, as US resumes energy calls to Saudi

US energy secretary, Saudi energy minister hold call.
Biden team had till now avoided Trump's approach to OPEC+.
Saudi opens talks with call for 'cautious stance'.

Published 01 Apr, 2021 07:16pm

Markets

Oil prices edge higher after sell-off driven by demand concerns

Brent crude was up 31 cents, or 0.5%, at $63.59 a barrel.
Oil closed about 7% down on Thursday as several large European economies reimposed lockdowns and vaccination programmes were slowed by distribution issues and concerns over potential side effects.

Published 19 Mar, 2021 09:05pm

Markets

OPEC+ maintains oil policy amid price rally

A Joint Ministerial Monitoring Committee of OPEC+ met virtually on Wednesday, pronouncing itself "optimistic for (a) year of recovery in 2021.
Oil has rallied from historic lows hit last year as the pandemic hit demand, thanks to record output cuts by the Organization of the Petroleum Exporting Countries and allies.

Published 03 Feb, 2021 09:54pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 22	277.85
USD PKR Interbank Buying / Nov 22	277.65
USD to Japanese Yen / Nov 22	154.78
USD to Swiss Franc / Nov 22	0.89
Pound Sterling to USD / Nov 22	1.26
Euro to USD / Nov 22	1.05

Stock	Volume
S&P 500 / Nov 21	5,948.71
Nasdaq / Nov 21	18,972.42
Dow Jones / Nov 21	43,870.35
India Sensex / Nov 22	78,147.34
Tokyo Nikkei / Nov 22	38,283.85
Hang Seng / Nov 22	19,170.91
FTSE 100 / Nov 22	8,202.46
Germany DAX 30 / Nov 22	19,225.74

Item	Value
Petrol/Litre / Nov 22	248.38
Crude Oil USD/Barrel / Nov 22	70.18
Karachi Cotton PKR/37.32 KG / Nov 22	17,785
Gold 10 Grams PKR / Nov 22	240,483
Gold Spot USD/Ounce / Nov 22	2,691.90
Diesel/Litre / Nov 22	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.15 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▼ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	69.40 ▼ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	115 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▼ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.15 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	620.68 ▲ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	69.40 ▲ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	115 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,084.82 ▲ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.35 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 22 Worldcall Telecom Limited(WTL)	95,563,962 ▲ 0.00
Pace (Pak) Ltd. / Nov 22 Pace (Pakistan) Limited(PACE)	51,499,190 ▲ 0.00
Kohinoor Spining / Nov 22 Kohinoor Spinning Mills Limited(KOSM)	48,260,119 ▲ 0.00
K-Electric Ltd. / Nov 22 K-Electric Limited(KEL)	44,585,332 ▲ 0.00
Treet Battery / Nov 22 Treet Battery Limited(TBL)	42,849,466 ▲ 0.00
Waves Home Appliances / Nov 22 Waves Home Appliances Limited(WAVESAPP)	41,650,133 ▲ 0.00
PIA Holding Co.Ltd / Nov 22 PIA Holding Company Limited(PIAHCLA)	33,841,692 ▲ 0.00
Fauji Foods Ltd / Nov 22 Fauji Foods Limited(FFL)	25,303,681 ▲ 0.00
Cnergyico PK / Nov 22 Cnergyico PK Limited(CNERGY)	25,120,112 ▲ 0.00

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