Trends - Oil Well - Business Recorder

Oil Well

US oil may test $64.55; no sign of end to drop

SINGAPORE: US oil may test a support at $64.55 per barrel, a break below could cause a fall to the range of $62.54 ...

Published 02 Dec, 2021 12:51pm

Markets

Oil prices rise

NEW YORK: Oil prices rose on Monday on optimism over the pace of coronavirus vaccinations in the United States and...

Published 13 Apr, 2021 04:31am

Markets

Brent oil may retest support at $67.33

This consolidation could be classified as a pullback towards a pivotal level of $66.29, the 100% projection level of an upward wave C from $35.74.

Published 17 Mar, 2021 11:44am

Markets

Oil hits highest in a year on growth hopes, OPEC+ cuts

Brent hits highest since February 2020.
OPEC+ maintains policy aimed at tightening supply.
US crude stockpiles fall to lowest since March.

Published 05 Feb, 2021 05:46pm

Markets

Brent oil may slide more to $54.07

Resistance is at $55.21, a break above could lead to a gain into $55.58-$56.17 range.

Published 18 Jan, 2021 12:02pm

Markets

Brent oil may revisit Jan 13 high of $57.42

On the daily chart, the correction is classified as a pullback towards a former resistance at $54.62, now a support. The pullback may have completed.

Published 15 Jan, 2021 11:44am

Markets

Brent oil may fall into $55.21-$55.58 range

On the daily chart, the correction is classified as a pullback towards a former resistance at $54.62, now a support. Wave pattern suggests the progress of a powerful wave C, which is capable of travelling to $66.29, its 100% projection level.

Published 14 Jan, 2021 12:08pm

Markets

Oil steadies as US inventory fall tempers demand woes

Brent crude prices were down 4 cents at $56.54 a barrel.
The next milestone for Brent prices is a rise above $60, a level not seen since late January 2020.

Published 13 Jan, 2021 06:43pm

Markets

Brent oil may rise to $53.13

The contract is poised to test a key resistance at $54.62, a break above which could open the way towards $59.08.

Published 04 Jan, 2021 10:20am

Markets

US oil may test support at $47.49

It is hard to categorise the current drop, which is tentatively regarded as a correction against the rise from $45.69.

Published 21 Dec, 2020 09:56am

World

Two small Iraqi oil wells set ablaze in 'terrorist attack', ministry says

The Oil Ministry gave no further details about the assailants behind the explosive devices that targeted the wells in Khabbaz oilfield, 20 km (12 miles) southwest of Kirkuk.
The field produces about 25,000 barrels per day, oil officials said.

Published 09 Dec, 2020 06:24pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 4	277.99
USD PKR Interbank Buying / Nov 4	277.79
USD to Japanese Yen / Nov 4	152.16
USD to Swiss Franc / Nov 4	0.86
Pound Sterling to USD / Nov 4	1.30
Euro to USD / Nov 4	1.09

Stock	Volume
S&P 500 / Nov 4	5,712.69
Nasdaq / Nov 4	18,179.98
FTSE 100 / Nov 4	8,184.24
Dow Jones / Nov 4	41,794.60
Germany DAX 30 / Nov 4	19,147.85
France CAC40 / Nov 4	7,371.71
India Sensex / Nov 5	78,731.05
Tokyo Nikkei / Nov 5	38,537.29

Item	Value
Crude Oil USD/Barrel / Nov 4	71.65
Karachi Cotton PKR/37.32 KG / Nov 4	18,085
Gold 10 Grams PKR / Nov 4	244,227
Gold Spot USD/Ounce / Nov 4	2,745.40
Cotton US¢/pound / Nov 4	69.93
Petrol/Litre / Nov 5	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 5 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 5 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Nov 5 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 5 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Nov 5 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 5 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Nov 5 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 5 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 5 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 5 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Nov 5 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 5 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 5 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Nov 5 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 5 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Nov 5 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 5 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Nov 5 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Nov 5 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Nov 5 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Nov 5 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Nov 5 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Nov 5 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Nov 5 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Nov 5 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Nov 5 Telecard Limited(TELE)	12,358,668 ▲ 0.00