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oil producer

Oil eases on US fuel demand concerns

HOUSTON: Oil prices edged down on Thursday after slower economic growth in the first quarter added to concerns of...

Updated 25 Apr, 2024 09:13pm

Markets

Oil prices fall as US business activity cools, concerns over Middle East ease

NEW YORK: Oil prices were moderately lower on Wednesday as worries over conflict in the Middle East eased and...

Updated 24 Apr, 2024 09:31pm

Markets

Oil falls back after robust EU data as Mideast tensions linger

Oil prices slipped on Tuesday after a short-lived boost from stronger economic data out of Europe as the market...

Updated 23 Apr, 2024 08:23pm

Markets

US crude futures climb back into positive territory

HOUSTON: U.S. crude futures returned to positive territory on Monday after falling on easing fears of a wider...

Updated 22 Apr, 2024 09:07pm

Markets

Guyana rules out offering crude oil export discounts to India

HOUSTON/NEW DELHI: South America’s fastest growing oil producer has turned down the Indian government’s request for...

Published 21 Apr, 2023 09:59pm

Business & Finance

Russia shifts to Dubai benchmark in Indian oil deal

NEW DELHI: Russia’s largest oil producer Rosneft and India’s top refiner Indian Oil Corp agreed to use the...

Published 04 Apr, 2023 03:24am

Markets

OPEC+ seen sticking with oil output policy at Feb. 1 meeting

An OPEC+ panel is likely to recommend keeping the oil producer group’s current output policy unchanged when it meets...

Published 30 Jan, 2023 08:44pm

Business & Finance

Tullow Oil ups 2022 free cash flow outlook, Ghana tax looms

LONDON: West Africa-focused oil producer Tullow Oil on Wednesday raised its 2022 free cash flow guidance to $267...

Published 25 Jan, 2023 07:26pm

Markets

UAE and US to spur $100bn in clean energy projects

ABU DHABI: The United Arab Emirates and the United States have signed a partnership to spur $100 billion of...

Updated 01 Nov, 2022 11:19pm

Markets

Asia, Middle East ramp up diesel exports to Europe in October

SINGAPORE/LONDON: Oil traders are ramping up diesel exports from Asia and the Middle East to Europe in October to...

Published 19 Oct, 2022 05:23pm

World

Kuwait’s new government sworn in after reshuffle aimed at defusing tensions

Kuwait’s crown prince swore in the new government on Monday, state news agency KUNA reported, following a reshuffle...

Published 17 Oct, 2022 04:48pm

World

Sheikh Mohammed bin Zayed elected UAE president

DUBAI: The United Arab Emirates’ leader Sheikh Mohammed bin Zayed al-Nahyan was elected president of the Gulf Arab...

Published 14 May, 2022 03:04pm

Markets

Saudi Arabia lowers Arab Light oil price to Asia, Europe in June

JEDDAH: Saudi Arabia’s lowered the price of its Arab Light crude grade to Asia and Europe for the month of June,...

Published 09 May, 2022 05:39am

Markets

Exxon earnings hurt by Russia exit, triples buybacks on high oil prices

Exxon Mobil Corp said on Friday it doubled its first-quarter per-share profit, but the results fell short of Wall...

Published 29 Apr, 2022 08:49pm

Markets

Oil falls towards $125 as investors weigh US import ban

LONDON: Oil slipped towards $125 a barrel in volatile trading on Wednesday as investors assessed the US ban of...

Updated 09 Mar, 2022 06:07pm

Markets

Oil rises on falling US stockpiles but Iran talks weigh

LONDON: Oil prices rose on Thursday after rallying on an unexpected drop in US crude inventories in the previous...

Published 10 Feb, 2022 07:08pm

Markets

Oil down on Omicron restrictions and China fears

LONDON: Oil prices fell on Thursday after measures by some governments to slow the spread of the Omicron coronavirus...

Published 09 Dec, 2021 07:48pm

Markets

Oil climbs $2 on easing Omicron fears and Iran delay

LONDON: Oil prices rose $2 on Tuesday, extending the previous day's almost 5% rebound, as concerns over the impact ...

Published 07 Dec, 2021 05:31pm

Markets

Oil rebounds towards $72 on Omicron hopes, Iran talks

LONDON: Oil climbed by $2 a barrel towards $72 on Monday on hopes the Omicron coronavirus variant would have a less...

Published 06 Dec, 2021 06:44pm

Markets

Oil rises as OPEC+ poised to act if demand weakens

LONDON: Oil prices climbed on Friday after the producer group OPEC+ said it could review its production hike policy...

Updated 03 Dec, 2021 04:20pm

Markets

Oil rises 2% to one-week high after US taps emergency reserves

NEW YORK: Oil prices rose to a one-week high on Tuesday after a move by the United States and other consumer nations...

Updated 23 Nov, 2021 09:53pm

Markets

Oil steadies near $80 after US taps emergency reserves

LONDON: Oil prices steadied near $80 a barrel on Tuesday after the United States announced plans to release up to 50...

Published 23 Nov, 2021 06:21pm

Markets

US to release oil from reserves after OPEC+ rebuffs call for more crude

WASHINGTON: The United States said on Tuesday it would release 50 million barrels of oil from strategic reserves in ...

Published 23 Nov, 2021 05:48pm

Markets

India to release 5mn bbls oil from strategic reserves in coordination with other buyers

NEW DELHI: India will release 5 million barrels of oil from its strategic reserves in coordination with other buyers...

Published 23 Nov, 2021 05:46pm

Markets

Oil prices retreat in face of supply and demand pressures

LONDON: Oil prices fell on Monday as rising COVID-19 cases in Europe and a potential release of Japanese oil ...

Updated 22 Nov, 2021 05:32pm

Markets

Oil drops below $80 on European COVID concerns

LONDON: Oil prices dropped below $79 a barrel on Friday as a fresh surge in COVID-19 cases in Europe threatened to...

Published 19 Nov, 2021 05:46pm

Markets

Oil near six-week low as China readies crude reserve release

LONDON: Oil prices slid to six-week lows on Thursday before recovering some ground, as China said it was moving to...

Published 18 Nov, 2021 04:09pm

Markets

Oil prices slide as China readies release of crude from strategic reserves

TOKYO: Oil prices fell on Thursday, adding to an overnight plunge as China said it was moving to release reserves...

Published 18 Nov, 2021 09:48am

Markets

Oil prices head for weekly dip as dollar firms

LONDON: Oil prices fell on Friday, wiping out gains from the previous session as the dollar continued to firm on...

Published 12 Nov, 2021 05:20pm

Markets

Oil approaches $84 as lifting of US travel ban boosts demand

LONDON: Oil rose towards $84 a barrel on Tuesday, gaining for a third session, as the US lifting of travel...

Published 09 Nov, 2021 05:08pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37
France CAC40 / Dec 17	7,365.70
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	8 ▲ 0.89 (12.52%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Leather Up Ltd. / Dec 18 Leather Up Limited(LEUL)	26.74 ▲ 2.43 (10.00%)
Pak Datacom / Dec 18 Pak Datacom Limited(PAKD)	103.94 ▲ 9.45 (10.00%)

Stock	Price
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
Dawood Lawrencepur / Dec 18 Dawood Lawrencepur Limited(DLL)	211.50 ▼ -23.50 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.11
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.69
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.40
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▼ -0.02
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.06
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 2.57
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.21
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -2.18
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	31,906,451 ▲ 1.01

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