Trends - oils market - Business Recorder

oils market

Palm oil rises for third session

KUALA LUMPUR: Malaysian palm oil futures rose for a third straight session on Friday and logged a weekly gain, ...

Published 22 Sep, 2024 02:47am

Markets

Oil drops $2 on positive signals from Russia-Ukraine peace talks

HOUSTON: Oil prices dropped $2 on Tuesday, as talks progressed between Russia and Ukraine to end their weeks-long...

Published 30 Mar, 2022 06:08am

Markets

OPEC+ seeks consensus on oil output policy after UAE roadblock

Saudi, Russia had pushed plan to lift output, extend pact.
UAE against extending oil pact through 2022, sources say.
UAE wants own output set at higher level under any deal.
A deal could see 2 mln bpd added to market by December.

Published 02 Jul, 2021 07:42pm

Markets

Oil falls as Iranian supply prospect outweighs demand optimism

US crude stocks fall in latest week, sources say.
Iran official upbeat about nuclear talks.
US dollar near multi-month lows.

Published 26 May, 2021 07:34pm

Markets

Palm oil falls over 2pc

SINGAPORE: Malaysian palm oil futures fell for a fourth consecutive session on Monday, as they tracked losses in...

Published 25 May, 2021 04:40am

Markets

Mexican oil output slightly below target agreed with OPEC+

"We are fine, we are fulfilling our target and the commitment Mexico made before OPEC+, which is 1.753 million bpd," Nahle said at a virtual convention organized by Mexico's Association of Hydrocarbon Companies. "We are slightly below that, which gives us flexibility to continue working."

Published 27 Apr, 2021 08:18pm

Business & Finance

Exxon retreated from oil trading in pandemic as rivals made fortunes

The cuts left Exxon traders without the capital they needed to take full advantage of the volatile oil market, these people said.
The trading retreat came after Exxon had worked in the previous three years to bolster its trading unit with revamped facilities, high-level hires and new tools to help traders take on more risk.

Published 26 Apr, 2021 05:33pm

Markets

Oil rises as EU keeps stimulus flows, dollar falls

US crude stocks show surprise rise in EIA data.
Rising COVID-19 cases in India and Japan raise demand concerns.
OPEC+ set for meeting next week.

Published 22 Apr, 2021 08:36pm

Markets

Oil steadies as dollar slumps but pandemic surge weighs

Brent crude was down 4 cents, at $66.73 a barrel.
With oil priced in dollars, a softer greenback could spur demand from holders of other currencies.

Published 19 Apr, 2021 08:20pm

Markets

Oil inches up despite coronavirus-related demand concerns

Brent crude was up 32 cents, or 0.5%, at $67.09 a barrel.
With oil priced in dollars, a softer greenback could spur demand from holders of other currencies, boosting prices.

Published 19 Apr, 2021 07:48pm

Markets

Oil near one-month highs as demand outlook improves

US West Texas Intermediate futures fell 36 cents, or 0.6%, to $62.79. It had earlier reached $63.48, also the highest since March 18.
The IEA and Organization of the Petroleum Exporting Countries (OPEC) made upward revisions to their global oil demand growth forecasts for 2021 this week to 5.7 million barrels per day (bpd) and 5.95 million bpd respectively.

Published 15 Apr, 2021 07:35pm

Markets

Palm oil jumps 3pc

SINGAPORE: Malaysian palm oil futures rose more than 3 percent on Thursday, tracking rival soyaoil on the Chicago...

Published 02 Apr, 2021 04:58am

Markets

Oil steadies on demand recovery hopes despite European lockdowns

A third of French people enter new lockdown.
Demand slow, but Aramco CEO predicts recovery.
US rig count rises to highest since April.

Updated 22 Mar, 2021 06:29pm

Markets

Palm oil slumps 3.6pc to two-week low

KUALA LUMPUR: Malaysian palm oil futures slumped more than 3% on Thursday to their lowest in two weeks, weighed down...

Published 19 Mar, 2021 05:32am

Markets

Oil drops 2pc as COVID-19 vaccine halt threatens demand

Germany, France, Italy suspend use of AstraZeneca shot.
Move threatens EU's already slow vaccination campaign.
Coming Up: API inventory data at 4:30 p.m. ET/2030 GMT.

Published 16 Mar, 2021 09:34pm

Markets

Oil prices rise on economic outlook, drawdown in fuel stocks

US crude stocks surge, fuel inventories fall – EIA.
Biden's $1.9 trillion COVID-19 bill wins final approval in House.
Global oil stocks rise as market recovery hits speed bump.

Updated 11 Mar, 2021 10:02pm

Markets

Palm oil edges up

KUALA LUMPUR: Malaysian palm oil futures ended higher on Friday but was unchanged for the week, underpinned by a...

Published 06 Mar, 2021 05:01am

Markets

Brent hits $60 as supply cuts and stimulus hopes boost prices

Weak dollar also supports prices of commodities.
6-month Brent spread widest in over a year.
US oil rig count highest since May last week - Baker Hughes.

Published 08 Feb, 2021 07:11pm

Markets

Palm oil reverses losses

SINGAPORE/JAKARTA: Malaysian palm oil futures snapped two consecutive sessions of losses to end 0.7% higher on...

Published 27 Jan, 2021 04:59am

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%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	7.85 ▲ 0.74 (10.41%)
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%)
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
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%)
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%)
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 ▼ -0.16
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.59
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	63,563,660 ▼ -0.49
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▲ 0.11
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▼ -0.04
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 2.23
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▼ -0.36
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	34,265,965 ▲ 1.01
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -7.03

Markets →

Budget 2024-25: income tax calculator for FY25

oils market

Most Popular