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Oil hits highest since 2014 on Russia-Ukraine escalation

LONDON: Oil rose to its highest since 2014 on Tuesday after Moscow ordered troops into two breakaway regions in...

Updated 22 Feb, 2022 09:16pm

Markets

Oil slips ahead of US jobs report

US West Texas Intermediate (WTI) crude futures fell 24 cents, or 0.3%, to $69.75 a barrel at 0200 GMT, while Brent crude futures fell 13 cents, or 0.2%, to $72.90 a barrel

Published 03 Sep, 2021 09:57am

Markets

Brent oil may drop more to $70.47

It could be technically interpreted as a break below $71.86.

Published 01 Sep, 2021 09:29am

Markets

Brent oil may retest resistance at $73.58

The rise looks very slow and the correction triggered by $73.58 is too deep

Published 31 Aug, 2021 10:43am

Markets

US oil may retest resistance at $69.73

The surge on Aug. 27 confirmed an extension of the uptrend from the Aug. 23 low of $61.74

Published 30 Aug, 2021 10:45am

Markets

US oil may retest support at $66.96

The failures suggest the formation of a top around $68.35

Published 27 Aug, 2021 10:38am

Markets

Brent oil may retest support at $70.47

It represents a weak market sentiment that could drive the price further down

Published 27 Aug, 2021 10:35am

Markets

Brent oil may drop to $70.47

The divergence makes a break above a resistance at $71.86 doubtful

Published 26 Aug, 2021 11:00am

Markets

Brent oil may test resistance at $71.86

Support is at $70.47, a break below which could cause a fall to $69.09

Published 25 Aug, 2021 10:41am

Markets

US oil may rise to $67.48

Oil could be rising towards the peak of a wave b at $69.62 or the peak of the wave (b) at $74.21

Published 24 Aug, 2021 11:03am

Markets

US oil may bounce to $64.01 before falling

The contract is riding on a wave c from $69.62, which is expected to travel to $60.54

Published 23 Aug, 2021 09:58am

Markets

Oil rises but set for 5% weekly drop as Delta variant spreads

Broader investor risk aversion also weighed on oil with the US dollar jumping to a nine-month high on signs the US Federal Reserve is considering reducing stimulus this year

Published 20 Aug, 2021 12:09pm

Markets

Brent oil may bounce more to $70.95

The current wave c has briefly pierced above a resistance at $69.67

Published 17 Aug, 2021 10:34am

Markets

Oil prices slide as Chinese fuel demand falters

Brent crude was down 75 cents, or 1.1%, at $69.84 a barrel by 0442 GMT. US oil fell by 76 cents, or 1.1%, to $67.68 a barrel

Published 16 Aug, 2021 10:26am

Markets

Brent oil may retest resistance at $71.85

Three smaller waves make up this wave. The current wave c has briefly travelled above its 76.4% projection level of $71.85. Chances are it may extend to $72.71

Published 13 Aug, 2021 11:38am

Markets

Brent oil may test resistance at $72.41

Support is at $71.18, a break below which could cause a fall to $69.95

Published 12 Aug, 2021 11:05am

Markets

Brent oil may end weak bounce around $69.95

A break above $69.95 could lead to a gain to $71.18. On the daily chart, oil has pierced below a support at $68.43

Published 10 Aug, 2021 11:20am

Markets

US oil heads for largest weekly loss since Oct as Delta variant fans demand worries

Daily new COVID-19 cases in the United States have climbed to a six-month high

Published 06 Aug, 2021 10:26am

Markets

US oil may seek support around $67.34

On the daily chart, a rising trendline points at a target of $66.44. The contract is expected to eventually fall to this level

Published 05 Aug, 2021 11:27am

Markets

Brent oil may retest support at $72.39

On the daily chart, the contract has broken a support at $73.50. The break opened the way towards $68.43-$70.75 range

Published 03 Aug, 2021 11:38am

Markets

US oil may rise into $73.87-$74.60 range

A moderate correction was triggered by the resistance at $73.34

Published 09 Jul, 2021 10:47am

Markets

US oil faces resistance zone of $76.83-$77.29

Support is at $76.14, a break below which could cause a fall into $74.99-$75.48

Published 06 Jul, 2021 10:53am

Markets

Brent oil may rise into $73.38-$73.80 range

The contract is yet to pull back towards the wedge. The higher it rises, the unlikely this pullback occurs.

Published 14 Jun, 2021 12:50pm

Markets

US oil may retest resistance at $68.99

A break below $67.57 could open the way towards $66.42.

Published 02 Jun, 2021 12:14pm

Markets

Brent oil may retest resistance at $71.38

Support is at $69.87, a break below which could cause a fall limited to $69.20.

Published 02 Jun, 2021 12:12pm

Markets

US oil may retest support at $66.11

A break, however, could signal the continuation of the wave C towards $71.28.

Published 01 Jun, 2021 11:42am

Markets

US oil may retest support at $66.11

It is quite certain that the contract could break this zone and rise towards $71.93.

Published 31 May, 2021 11:42am

Markets

Brent oil may extend gains into $70.41-$70.95 range

A fall from the current level may be limited to the support zone of $68.78-$69.20. On the daily chart, oil is poised to break a resistance at $70.75 and rise to $73.50.

Published 28 May, 2021 11:46am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 15	277.70
USD PKR Interbank Buying / Nov 15	277.50
USD to Japanese Yen / Nov 15	154.30
USD to Swiss Franc / Nov 15	0.89
Pound Sterling to USD / Nov 15	1.26
Euro to USD / Nov 15	1.05

Stock	Volume
India Sensex / Nov 14	77,580.31
S&P 500 / Nov 15	5,870.62
Tokyo Nikkei / Nov 15	38,642.91
Nasdaq / Nov 15	18,680.12
Hang Seng / Nov 15	19,426.34
FTSE 100 / Nov 15	8,063.61
Dow Jones / Nov 15	43,444.99
Germany DAX 30 / Nov 15	19,210.81

Item	Value
Crude Oil USD/Barrel / Nov 15	67.02
Gold 10 Grams PKR / Nov 15	233,371.60
Gold Spot USD/Ounce / Nov 15	2,563.25
Cotton US¢/pound / Nov 15	68.91
Karachi Cotton PKR/37.32 KG / Nov 16	18,085
Petrol/Litre / Nov 17	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▼ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▼ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▼ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 17 786 Investments Limited(786)	6.33 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 17 Al-Abbas Sugar Mills Limited(AABS)	609.73 ▲ 0.00 (0.00%)
Agro Allianz / Nov 17 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 17 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 17 Ali Asghar Textile Mills Limited(AATM)	56.65 ▲ 0.00 (0.00%)
Allied Bank / Nov 17 Allied Bank Limited(ABL)	115.07 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 17 Abbott Laboratories (Pakistan) Limited(ABOT)	1,008.83 ▲ 0.00 (0.00%)
Abson Ind. / Nov 17 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 17 Alfalah Consumer Index ETF.(ACIETF)	12.43 ▲ 0.00 (0.00%)

Stock	Volume
WorldCall Telecom / Nov 17 Worldcall Telecom Limited(WTL)	77,999,077 ▲ 0.00
Fauji Foods Ltd / Nov 17 Fauji Foods Limited(FFL)	70,721,702 ▲ 0.00
Hascol Petrol / Nov 17 Hascol Petroleum Limited(HASCOL)	55,501,231 ▲ 0.00
K-Electric Ltd. / Nov 17 K-Electric Limited(KEL)	36,884,955 ▲ 0.00
Sui South Gas / Nov 17 Sui Southern Gas Company Limited(SSGC)	36,294,630 ▲ 0.00
D.S. Ind. Ltd. / Nov 17 D.S. Industries Limited(DSIL)	32,226,742 ▲ 0.00
TRG Pak Ltd / Nov 17 TRG Pakistan Limited(TRG)	29,018,611 ▲ 0.00
Pak Int.Bulk / Nov 17 Pakistan International Bulk Terminal(PIBTL)	22,405,457 ▲ 0.00
Treet Battery / Nov 17 Treet Battery Limited(TBL)	21,319,898 ▲ 0.00

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