Trends - OPEC countries - Business Recorder

OPEC countries

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

OPEC+ ‘only a phone call away’ if markets need balancing: UAE minister

ABU DHABI: The United Arab Emirates’ energy minister said on Monday that OPEC+ was always willing to balance crude...

Published 31 Oct, 2022 07:26pm

Markets

OPEC raises long-term oil demand view, calls for investment

ABU DHABI: OPEC raised its forecasts for world oil demand in the medium-and longer-term in an annual outlook...

Published 31 Oct, 2022 05:46pm

World

Saudi Arabia should 'not be blamed' for protecting its interests

DUBAI: Saudi Arabia, which has faced sharp criticism from the United States over OPEC+ oil output policy, "should...

Published 27 Oct, 2022 04:54pm

World

Riyadh and Washington will overcome spat, Saudi minister says

RIYADH: Saudi Arabia and the United States will get over their “unwarranted” spat over oil supplies, the kingdom’s...

Published 25 Oct, 2022 05:28pm

Markets

Turkey says not right for US to pressure Saudi Arabia over oil output

ISTANBUL: Turkish Foreign Minister Mevlut Cavusoglu said on Friday it was not right for the United States to...

Published 21 Oct, 2022 06:31pm

World

Saudi Arabia, China agree to strengthen energy cooperation

DUBAI: Saudi Arabia’s energy minister Prince Abdulaziz bin Salman and the director of China’s National Energy...

Published 21 Oct, 2022 05:41pm

Markets

US says Russia oil price cap will not be aimed at OPEC

LONDON: New steps from Group of Seven countries to cap Russian oil sales at an enforced low price will not be...

Published 19 Oct, 2022 07:18pm

Pakistan

OPEC+ oil production cut: Pakistan stands by Saudi Arabia in wake of US criticism

Ministry of Foreign Affairs says it appreciates concerns of Kingdom of Saudi Arabia for avoiding market volatility and ensuring global economic stability

Updated 18 Oct, 2022 09:12pm

Markets

OAPEC Sec Gen says OPEC+ decision to cut oil production 'correct'

CAIRO: The secretary general of the Organization of Arab Petroleum Exporting Countries (OAPEC) said on Saturday that...

Published 15 Oct, 2022 08:52pm

Markets

OPEC cuts 2022, 2023 oil demand growth view as economy slows

LONDON: OPEC on Wednesday cut its 2022 forecast for growth in world oil demand for a fourth time since April and...

Published 12 Oct, 2022 05:52pm

World

Putin says Russia not working ‘against anyone’ in energy markets

President Vladimir Putin said on Tuesday that Russia was not working against anyone on energy markets, a week after...

Published 11 Oct, 2022 05:35pm

Markets

Kremlin says OPEC+ cut output to stabilise oil markets

MOSCOW: The Kremlin said Thursday that an OPEC+ decision to sharply cut production was designed to stabilise global...

Published 06 Oct, 2022 05:59pm

Markets

Oil near three-week high on cuts to OPEC+ output targets

LONDON: Oil prices held near three-week highs on Thursday after OPEC+ agreed to tighten global crude supply with a...

Updated 06 Oct, 2022 06:49pm

Markets

OPEC+ supply cuts loom over already tight oil market

LONDON/GENEVA: OPEC+ producers look set to cut output when they meet on Wednesday, squeezing supply in an oil market...

Published 04 Oct, 2022 07:01pm

Markets

OPEC+ mulls largest cuts since 2020 pandemic crisis

LONDON: The OPEC+ group of oil producers is discussing output cuts of more than 1 million barrels per day (bpd),...

Published 03 Oct, 2022 05:20pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 27	278.47
USD PKR Interbank Buying / Dec 27	278.22
USD to Japanese Yen / Dec 27	157.88
USD to Swiss Franc / Dec 27	0.90
Pound Sterling to USD / Dec 27	1.25
Euro to USD / Dec 27	1.04

Stock	Volume
S&P 500 / Dec 26	6,037.59
Nasdaq / Dec 26	20,020.36
Dow Jones / Dec 26	43,325.80
India Sensex / Dec 27	78,791.05
Tokyo Nikkei / Dec 27	40,281.16
Hang Seng / Dec 27	20,096.01
FTSE 100 / Dec 27	8,137.45
Germany DAX 30 / Dec 27	19,830.60

Item	Value
Gold 10 Grams PKR / Dec 26	234,911.70
Crude Oil USD/Barrel / Dec 27	69.54
Karachi Cotton PKR/37.32 KG / Dec 27	17,785
Gold Spot USD/Ounce / Dec 27	2,634.16
Cotton US¢/pound / Dec 27	68.72
Petrol/Litre / Dec 28	252.10

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 27 First Capital Equities Limited(FCEL)	6.10 ▲ 1.00 (19.61%)
Chenab Ltd (Pref) / Dec 27 Chenab Limited (Pref)(CLCPS)	4.50 ▲ 0.60 (15.38%)
Sec. Inv. Bank / Dec 27 Security Investment Bank Limited(SIBL)	7.99 ▲ 1.00 (14.31%)
786 Invest Ltd / Dec 27 786 Investments Limited(786)	8.15 ▲ 1.00 (13.99%)
Chenab Ltd / Dec 27 Chenab Limited(CHBL)	9.61 ▲ 1.00 (11.61%)
Next Capital / Dec 27 Next Capital Limited(NEXT)	10.90 ▲ 1.00 (10.10%)
Image Pakistan / Dec 27 Image Pakistan Limited(IMAGE)	20.31 ▲ 1.85 (10.02%)
Baba Farid Sugar / Dec 27 Baba Farid Sugar Mills Limited(BAFS)	53.08 ▲ 4.83 (10.01%)
Biafo Ind. / Dec 27 Biafo Industries Limited(BIFO)	208.88 ▲ 18.99 (10.00%)

Stock	Price
Burj Clean Energy Modaraba / Dec 27 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.10 ▼ -1.00 (-10.99%)
Blue-Ex Ltd / Dec 27 Blue-Ex Limited (GEM)(GEMBLUEX)	40.15 ▼ -4.46 (-10.00%)
Al-Khair Gadoon / Dec 27 Al-Khair Gadoon Limited(AKGL)	41.71 ▼ -4.63 (-9.99%)
Leiner Pak Gelat / Dec 27 Leiner Pak Gelatine Limited(LPGL)	131 ▼ -14.19 (-9.77%)
Jauharabad Sug / Dec 27 Jauharabad Sugar Mills Limited(JSML)	21 ▼ -2.10 (-9.09%)
Aruj Industries / Dec 27 Aruj Industries Limited(ARUJ)	8.62 ▼ -0.86 (-9.07%)
First Imrooz Mod. / Dec 27 First Imrooz Modaraba(FIMM)	200.20 ▼ -19.80 (-9.00%)
MithchellsFruit / Dec 27 Mitchells Fruit Farms Limited(MFFL)	243 ▼ -23.05 (-8.66%)
Grays Leasing / Dec 27 Grays Leasing Limited(GRYL)	5.71 ▼ -0.48 (-7.75%)

Stock	Volume
Fauji Foods Ltd / Dec 27 Fauji Foods Limited(FFL)	104,369,036 ▲ 0.78
WorldCall Telecom / Dec 27 Worldcall Telecom Limited(WTL)	72,731,608 ▲ 0.00
TRG Pak Ltd / Dec 27 TRG Pakistan Limited(TRG)	46,907,628 ▲ 1.54
Cnergyico PK / Dec 27 Cnergyico PK Limited(CNERGY)	40,110,243 ▲ 0.30
Hascol Petrol / Dec 27 Hascol Petroleum Limited(HASCOL)	34,416,789 ▲ 0.06
B.O.Punjab / Dec 27 The Bank of Punjab(BOP)	30,318,392 ▲ 0.04
Ghani Chem. Ind. / Dec 27 Ghani Chemical Industries Limited(GCIL)	26,183,062 ▲ 0.50
Sui South Gas / Dec 27 Sui Southern Gas Company Limited(SSGC)	25,823,481 ▲ 3.11
Silk Bank Ltd / Dec 27 Silkbank Limited(SILK)	25,520,925 ▼ -0.08

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