Trends - oil reserves - Business Recorder

oil reserves

Brent hovers above $83 as inflation data takes centre stage

LONDON: Oil prices edged higher on Monday after losing about $1 a barrel in the previous session on signs that U.S....

Updated 13 May, 2024 06:30pm

Markets

Iraq hopes oil reserves will exceed 160bn barrels: minister

BAGHDAD: Iraq, one of the world’s biggest oil producers, aims to boost its crude reserves to more than 160 billion...

Published 11 May, 2024 06:34pm

Business & Finance

June oil reserves decline 17pc to 193m bbl YoY

KARACHI: The country’s oil reserves declined by 17 percent to stand at 193 million bbl in June 2023 as compared to...

Updated 09 Sep, 2023 07:01am

Markets

OGDCL’s KP well sees major boost in production

Oil & Gas Development Company Limited (OGDCL), the country’s largest hydrocarbon exploration firm, has achieved...

Updated 30 Aug, 2023 07:43pm

Markets

OGDCL commences oil & gas production from KPK field

Company is set to start production from its Wali (Bettani) Gas Field, integrating it into the national grid

Published 15 Jun, 2023 03:48pm

Opinion

Riyal politic

Once again Saudi Arabia is using its position as the financial superpower of the Middle East – it sits on top of ...

Updated 25 May, 2023 07:12am

Markets

US oil may retest support at $77.16

SINGAPORE: U.S. oil may retest a support at $77.16 per barrel, a break below which could open the way towards...

Published 23 Dec, 2022 10:51am

Markets

OGDCL discovers oil & gas reserves in Sindh

Oil and Gas Development Company Limited (OGDCL), the largest oil and gas exploration company in Pakistan, on Monday...

Updated 19 Dec, 2022 04:36pm

Markets

OGDCL discovers oil reserves in Punjab

Company says latest oil discovery further extends hydrocarbon play area in Pothohar basin

Updated 27 Oct, 2022 03:54pm

Saudi blasts release of oil reserves ‘to manipulate markets’

RIYADH: Saudi Arabia’s energy minister on Tuesday blasted the release of emergency oil stocks as an attempt to...

Updated 26 Oct, 2022 09:28am

Markets

Biden to release 15m barrels from US oil reserves

WASHINGTON: President Joe Biden will announce Wednesday he’s putting the final 15 million barrels on the market...

Published 20 Oct, 2022 05:36am

Markets

Biden, battling high gas prices, says US will tap, refill oil reserve

WASHINGTON: President Joe Biden said Wednesday the United States will sell 15 million barrels from the nation's...

Published 19 Oct, 2022 11:17pm

Business & Finance

June oil reserves decline 7pc to 233m bbl YoY

KARACHI: The oil reserves have reduced by 7.0 percent on year-on-year basis, arriving at 233 million bbl during June...

Published 26 Aug, 2022 06:00am

Pakistan

IMF being lenient with current government: Shaukat Tarin

Former finance minister says global lender asked PTI to match policy rate with headline inflation instead of core inflation

Updated 22 Jun, 2022 06:28pm

Markets

OGDCL discovers oil, gas reserves in Sindh and Punjab

Discoveries made in Rajanpur, Punjab and district Tando Allah Yar, Sindh

Published 22 Jun, 2022 11:47am

Markets

Russian isolation won’t spark ‘acute’ oil supply crunch: IEA

PARIS: Russia’s growing isolation will not create an “acute” global oil supply crunch as production from other...

Published 13 May, 2022 05:59am

Markets

Most Gulf markets recoup losses; Abu Dhabi gets Etisalat boost

DUBAI: Most Gulf markets ended flat or slightly higher on Thursday, recovering from earlier losses after oil prices...

Published 01 Apr, 2022 05:41am

Markets

India indicates readiness to release more oil reserves

NEW DELHI: India will take “appropriate” steps to calm the rise in oil prices, triggered by Russia’s invasion...

Updated 15 Mar, 2022 06:36am

Markets

India to release additional crude from its stocks

NEW DELHI: India is prepared to release additional crude from its national stocks in support of efforts by other...

Published 27 Feb, 2022 06:39am

World

China boosts oil reserves, ignoring US push for global release

LONDON: China has ramped up purchases into its oil reserves this year even as oil prices soared, despite calls from...

Published 26 Feb, 2022 04:37am

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

Japan PM confirms oil reserves may be released to curb prices

TOKYO: Japan is considering releasing oil from its reserves for the first time to curb surging oil prices, Kyodo ...

Published 21 Nov, 2021 04:19am

Markets

Japan considers releasing oil reserves to curb prices

TOKYO: Japan's government is considering releasing oil from its reserves in response to rising crude oil prices,...

Published 20 Nov, 2021 10:40am

Asia looks to release oil reserves after US request

TOKYO: The world’s biggest economies said on Thursday they were looking into releasing oil from their strategic...

Published 19 Nov, 2021 04:35am

World

White House: US is discussing joint release of oil reserves with other countries

WASHINGTON: The United States has discussed with China and a wide range of other countries the possibility of a ...

Updated 19 Nov, 2021 01:46am

Pakistan

‘Policy shift needed to build up edible oil stocks’

ISLAMABAD: A major policy shift is needed to build up local edible oil reserves/ stocks and motivate farmers for...

Published 09 Nov, 2021 04:48am

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
Dow Jones / Dec 17	43,449.90
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71
Hang Seng / Dec 18	19,857.31
FTSE 100 / Dec 18	8,222.99
Germany DAX 30 / Dec 18	20,267.35

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%)
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%)
Gulshan Sp. / Dec 18 Gulshan Spinning Mills Limited(GSPM)	4.47 ▲ 0.42 (10.37%)
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%)
Suhail Jute / Dec 18 Suhail Jute Mills Limited(SUHJ)	61.55 ▲ 5.60 (10.01%)
Attock Cement / Dec 18 Attock Cement Pakistan Limited(ACPL)	259.27 ▲ 23.57 (10.00%)
AL-Ghazi Tractors / Dec 18 Al-Ghazi Tractors Limited(AGTL)	564.23 ▲ 51.29 (10.00%)

Stock	Price
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
First Imrooz Mod. / Dec 18 First Imrooz Modaraba(FIMM)	180.01 ▼ -19.99 (-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%)
Synthetic Prod / Dec 18 Synthetic Products Enterprises Limited(SPEL)	45.89 ▼ -5.10 (-10.00%)
Biafo Ind. / Dec 18 Biafo Industries Limited(BIFO)	198.85 ▼ -22.08 (-9.99%)
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 ▼ -0.15
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.34
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	67,234,901 ▼ -0.51
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	60,136,151 ▲ 0.13
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -1.00
K-Electric Ltd. / Dec 18 K-Electric Limited(KEL)	46,669,770 ▼ -0.33
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 1.67
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.46
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	36,858,206 ▲ 1.01

Markets →

Budget 2024-25: income tax calculator for FY25

oil reserves

Most Popular