Trends - oil price - Business Recorder

oil price

Oil weaker on uncertainty over Fed rate cut

HOUSTON: Oil prices settled down more than 2% on Friday as investors fretted about weaker Chinese demand and a...

Updated 17 Nov, 2024 07:33am

Markets

Oil slips towards 2-week low

NEW YORK: Oil prices slipped on Wednesday, trading near their lowest in two weeks, a day after OPEC lowered global...

Published 14 Nov, 2024 06:33am

Markets

Oil settles down on receding hurricane risk

NEW YORK: Oil prices settled more than 2% lower on Friday as traders grew less fearful of prolonged supply...

Published 10 Nov, 2024 02:51am

Markets

Oil extends losses on report of talks to end Lebanon war

HOUSTON: Oil prices edged down on Tuesday, after a 6% tumble in the previous session, on a report that Israeli Prime...

Published 30 Oct, 2024 06:32am

Business & Finance

Oil falls 6pc on reduced risk of wider ME war

HOUSTON: Oil prices tumbled 6% on Monday, or more than $4 a barrel, after Saturday’s retaliatory strike by Israel...

Published 29 Oct, 2024 03:27am

Markets

Oil slips 1pc on large build in US crude stocks

NEW YORK: Oil prices fell on Wednesday after data showed US crude inventories rose by more than expected even as...

Published 24 Oct, 2024 06:49am

Markets

Oil edges up, but on track for biggest weekly loss in over a month

SINGAPORE: Crude oil futures inched higher on Friday, supported by a surprise drop in U.S. oil inventories and...

Published 20 Oct, 2024 05:51am

Markets

Oil prices rise on Middle East conflict, but set for monthly loss

NEW YORK/LONDON: Oil prices rose on Monday on fears of a widening conflict in the Middle East curtailing Iranian...

Updated 30 Sep, 2024 09:46pm

Markets

Oil higher but falls on week on firmer supply outlook

HOUSTON: Oil prices settled higher on Friday but fell on the week as investors weighed expectations for higher ...

Published 29 Sep, 2024 02:46am

Markets

Oil prices slide 3% on prospect of more OPEC+ oil

HOUSTON: Oil prices fell more than 3% on Thursday on a Financial Times report that Saudi Arabia, the world’s top...

Updated 26 Sep, 2024 09:02pm

Markets

Oil falls despite China’s stimulus plan

NEW YORK: Oil prices edged lower on Wednesday as investors reassessed whether China’s latest stimulus plans will ...

Published 26 Sep, 2024 06:48am

Markets

Oil recovers on worries about Hurricane Francine

HOUSTON: Oil rebounded on worries about the impending impact of Hurricane Francine to crude oil production in the US...

Published 12 Sep, 2024 03:48am

Business & Finance

Higher taxation: BMP says govt has failed to pass on oil price decline to consumers

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel has sought reduction in...

Updated 02 Sep, 2024 09:12am

Markets

Oil settles $1 down as supply set to rise

HOUSTON: Oil prices retreated on Friday as investors weighed expectations of a rise in OPEC+ supply starting in...

Published 01 Sep, 2024 02:46am

Markets

Oil rises on tightening supplies from Libya, Iraq

NEW YORK: Oil prices rose by more than a dollar a barrel on Thursday as supply disruptions in Libya and plans to...

Published 30 Aug, 2024 06:08am

Markets

Oil bears focus on lacklustre demand and planned output boost

LONDON: Investors have remained resolutely bearish about the outlook for petroleum prices despite increasing...

Published 28 Aug, 2024 06:22am

Markets

Oil prices tick down after surprise rise in US crude stockpiles

HOUSTON: Oil prices edged lower on Wednesday after U.S. crude inventories rose unexpectedly and as worries that a...

Updated 14 Aug, 2024 08:13pm

Markets

Oil falls as attack fears fade

HOUSTON: Brent and US crude oil futures fell more than $1 a barrel on Tuesday as markets saw reduced risk of a wider...

Published 14 Aug, 2024 06:40am

Markets

Japanese rubber climbs on supply concerns

SINGAPORE: Japanese rubber futures gained on Friday, buoyed by concerns over supply-side obstacles, although the...

Published 04 Aug, 2024 02:47am

Markets

Oil prices steady as OPEC sticks to oil policy

HOUSTON: Oil prices were little changed on Thursday as investors weighed producer group OPEC+’s decision to keep its...

Updated 01 Aug, 2024 07:58pm

Markets

Petrol price cut by Rs6.17, HSD’s by Rs10.86

ISLAMABAD: The federal government on Wednesday announced to slash the prices of petrol and high-speed diesel (HSD) ...

Published 01 Aug, 2024 06:06am

Pakistan

Govt hikes petrol price by Rs9.99, diesel’s by Rs6.18 per litre

Petrol's new rate, applicable from July 16, stands at Rs275.6 per litre

Published 15 Jul, 2024 11:40pm

Markets

Oil gains on supportive US stockpile data

HOUSTON: Oil prices rose on Wednesday after a jump in US refining activity last week prompted a bigger draw than...

Published 11 Jul, 2024 07:37am

Markets

Oil eases on weak demand

NEW YORK: Oil prices fell on Friday as investors weighed weak US fuel demand and took some money off the table at...

Published 30 Jun, 2024 02:58am

Markets

Major Gulf markets gain on firm oil prices

DUBAI: Major Gulf indexes closed higher on Thursday, as oil prices gained on worries that a potential expansion of...

Published 28 Jun, 2024 05:41am

Markets

Oil falls for fourth straight session, US demand in focus

NEW YORK: Oil prices fell on Thursday for the fourth session in a row, as the prospect of higher-for-longer US...

Published 24 May, 2024 06:27am

Markets

Oil slips for third day on prospect of US rates staying high

NEW YORK: Oil prices fell nearly 1% on Wednesday, retreating for a third straight day on expectations that US...

Published 23 May, 2024 05:16am

Markets

Oil slips for third day on likely ‘higher for longer’ US rates

LONDON: Oil prices fell on Wednesday, retreating for a third straight day on expectations that the Federal Reserve...

Updated 22 May, 2024 05:37pm

Markets

Oil down by 1pc on US inflation

HOUSTON: Oil prices declined by more than 1% on Tuesday with lingering US inflation poised to keep interest rates...

Published 22 May, 2024 05:54am

Markets

IEA trims 2024 oil demand growth forecast, widens gap with OPEC

LONDON: The International Energy Agency (IEA) on Wednesday trimmed its forecast for 2024 oil demand growth, widening...

Published 15 May, 2024 08:57pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 19	278.03
USD PKR Interbank Buying / Nov 19	277.83
USD to Japanese Yen / Nov 19	154.46
USD to Swiss Franc / Nov 19	0.88
Pound Sterling to USD / Nov 19	1.27
Euro to USD / Nov 19	1.06

Stock	Volume
S&P 500 / Nov 18	5,893.62
Nasdaq / Nov 18	18,791.81
Dow Jones / Nov 18	43,389.60
India Sensex / Nov 19	78,417.49
Tokyo Nikkei / Nov 19	38,360.38
Hang Seng / Nov 19	19,604.88
FTSE 100 / Nov 19	8,071.73
Germany DAX 30 / Nov 19	18,981.91

Item	Value
Crude Oil USD/Barrel / Nov 19	69.33
Karachi Cotton PKR/37.32 KG / Nov 19	18,085
Gold 10 Grams PKR / Nov 19	234,482
Gold Spot USD/Ounce / Nov 19	2,621.57
Cotton US¢/pound / Nov 19	68.98
Petrol/Litre / Nov 20	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 20 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 20 Al-Abbas Sugar Mills Limited(AABS)	608.12 ▼ 0.00 (0.00%)
Agro Allianz / Nov 20 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 20 Ali Asghar Textile Mills Limited(AATM)	61.62 ▼ 0.00 (0.00%)
Allied Bank / Nov 20 Allied Bank Limited(ABL)	114.96 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 20 Abbott Laboratories (Pakistan) Limited(ABOT)	1,000.66 ▼ 0.00 (0.00%)
Abson Ind. / Nov 20 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 20 Alfalah Consumer Index ETF.(ACIETF)	12.40 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 20 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 20 Al-Abbas Sugar Mills Limited(AABS)	608.12 ▲ 0.00 (0.00%)
Agro Allianz / Nov 20 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 20 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 20 Ali Asghar Textile Mills Limited(AATM)	61.62 ▲ 0.00 (0.00%)
Allied Bank / Nov 20 Allied Bank Limited(ABL)	114.96 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 20 Abbott Laboratories (Pakistan) Limited(ABOT)	1,000.66 ▲ 0.00 (0.00%)
Abson Ind. / Nov 20 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 20 Alfalah Consumer Index ETF.(ACIETF)	12.40 ▲ 0.00 (0.00%)

Stock	Volume
Hascol Petrol / Nov 20 Hascol Petroleum Limited(HASCOL)	85,137,088 ▲ 0.00
Fauji Foods Ltd / Nov 20 Fauji Foods Limited(FFL)	60,498,160 ▲ 0.00
K-Electric Ltd. / Nov 20 K-Electric Limited(KEL)	58,382,098 ▲ 0.00
Sui South Gas / Nov 20 Sui Southern Gas Company Limited(SSGC)	48,775,225 ▲ 0.00
P.T.C.L. / Nov 20 Pakistan Telecommunication Company Ltd(PTC)	38,829,416 ▲ 0.00
Waves Home Appliances / Nov 20 Waves Home Appliances Limited(WAVESAPP)	28,407,159 ▲ 0.00
WorldCall Telecom / Nov 20 Worldcall Telecom Limited(WTL)	25,563,816 ▲ 0.00
Sui North Gas / Nov 20 Sui Northern Gas Pipelines Limited(SNGP)	19,101,475 ▲ 0.00
Treet Battery / Nov 20 Treet Battery Limited(TBL)	19,069,391 ▲ 0.00

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