Trends - Phil Flynn - Business Recorder

Phil Flynn

Oil prices drift lower

HOUSTON: Oil prices dipped on Friday, a day after topping $85 a barrel for the first time since November, but prices...

Published 17 Mar, 2024 02:49am

Markets

Oil prices up as war rages in ME

NEW YORK: Oil prices climbed about 2% on Wednesday on worries the conflict in the Middle East could disrupt oil...

Published 02 Nov, 2023 03:15am

Markets

Oil prices rise on expectations

NEW YORK: Oil prices rose on Thursday on expectations that US interest rates had peaked, but gains were capped by a...

Published 13 Oct, 2023 05:50am

Markets

Oil falls to near year’s lows on China demand worries

NEW YORK: Oil prices slid on Monday, falling close to their lowest level this year, as street protests against ...

Published 29 Nov, 2022 05:57am

Markets

US natgas slumps to 7-month low as losses extend into a ninth week

NEW YORK: US natural gas futures dropped 7% on Friday to a seven-month low after falling for nine weeks in a row in ...

Published 24 Oct, 2022 05:45am

Markets

Oil prices rise on low diesel stocks ahead of winter

HOUSTON: Oil prices traded about $1 higher on Thursday, reversing course as low levels of diesel inventory ahead of...

Published 14 Oct, 2022 03:39am

Markets

US natgas higher on firmer crude oil prices

NEW YORK: US natural gas futures rose for a second straight session on Wednesday, tracking gains in crude oil, and...

Published 06 Oct, 2022 05:59am

Markets

Oil dives more than $4 on strong dollar, recession fears

NEW YORK: Oil prices tumbled more than $4 on Wednesday, slumping below levels seen prior to Russia’s invasion of...

Published 08 Sep, 2022 05:43am

Markets

US natgas futures slip

NEW YORK: US natural gas futures slipped on Wednesday but were on course for a second consecutive monthly rise,...

Published 01 Sep, 2022 05:50am

Markets

US natgas futures higher

NEW YORK: US natural gas futures rose on Friday en route to a third weekly gain on higher European prices as ...

Published 28 Aug, 2022 06:10am

Markets

US natgas futures hit $10/mmbtu for first time since 2008

NEW YORK: US natural gas futures breached $10 per million British thermal units (mmBtu) for the first time in about...

Published 24 Aug, 2022 05:08am

Markets

Oil edges higher on tight supply, rising US refining activity

NEW YORK: Oil prices rose slightly on Wednesday, buoyed by tight supplies and as US refiners drove processing...

Published 26 May, 2022 05:26am

Markets

Oil edges higher on concerns over Russia, Libya supply disruption

NEW YORK: Oil prices rose on Thursday, buffeted by concerns about tightened supply as the European Union (EU) mulls ...

Published 22 Apr, 2022 05:36am

Markets

US natgas futures beat sharp retreat

NEW YORK: US natural gas futures fell 10% on Tuesday, reversing Monday’s gains due to a shift to a slightly warmer...

Published 21 Apr, 2022 05:26am

Oil steadies from decade-highs

HOUSTON: Oil eased after hitting prices not seen in roughly a decade on Thursday, as sellers jumped on hopes that ...

Updated 04 Mar, 2022 10:46am

Markets

Oil holds near 7-year high as Russia tensions offset Fed tightening

NEW YORK: Oil prices steadied on Thursday, after Brent crude earlier hit a seven-year high above $90 a barrel, as ...

Published 28 Jan, 2022 04:44am

Markets

US natgas marks best year since 2016 amid global price surge

NEW YORK: US natural gas futures on Friday closed out their biggest yearly gain in five powered mostly by strong...

Published 02 Jan, 2022 05:05am

Markets

US natgas extends slide as milder weather outlook prevails

NEW YORK: US natural gas futures extended declines to shed 7% on Tuesday, hurtling toward their worst month in about...

Published 01 Dec, 2021 03:52am

Markets

Oil rises 3pc to one-week high

NEW YORK: Oil prices rose to a one-week high on Tuesday after a move by the United States and other consumer nations...

Published 24 Nov, 2021 05:18am

Markets

Oil hovers above six-week low

NEW YORK: Oil prices rose slightly on Thursday, bouncing after a drop to six-week lows as investors wondered about...

Published 19 Nov, 2021 04:35am

Markets

Oil hovers above six-week low as China readies crude reserve release

NEW YORK: Oil prices rose slightly on Thursday, bouncing after a drop to six-week lows as investors wondered about...

Published 18 Nov, 2021 11:31pm

Markets

Oil falls in choppy trade before US inventories, OPEC+ meeting

CALGARY: Oil dropped below $85 a barrel on Tuesday, but remained close to a three-year high in choppy trade ahead of...

Published 03 Nov, 2021 12:10am

Markets

Oil rallies as U.S. crude stocks decline in tight market

NEW YORK: Oil prices rallied on Wednesday after U.S. crude inventories at the nation's largest storage site hit ...

Updated 20 Oct, 2021 11:59pm

Markets

Oil prices ease off highs

NEW YORK: Oil prices pulled back after touching multi-year highs on Monday, trading mixed as US industrial output ...

Published 19 Oct, 2021 03:52am

Markets

Oil whipsaws, then steadies as energy crunch feeds volatility

NEW YORK: Oil prices steadied after whipsawing in a volatile session on Tuesday, as traders weighed the effect that...

Published 13 Oct, 2021 04:47am

Markets

Oil prices rise, hit 2-month highs

NEW YORK: Oil prices rose on Thursday, supported by growing fuel demand and a draw in US crude inventories as...

Published 24 Sep, 2021 04:40am

Markets

Oil rallies to $73 on tight U.S. supplies, Biden-Xi call

NEW YORK: Oil rose to briefly top $73 a barrel on Friday, supported by growing signs of supply tightness in the...

Published 10 Sep, 2021 10:50pm

Markets

US natgas gains as energy firms struggle to restart post-Ida

NEW YORK: US natural gas futures gained on Friday as significant output remained offline in the aftermath of...

Published 04 Sep, 2021 06:04am

Markets

Oil settles lower, pares losses despite weak economic data

NEW YORK: Oil prices settled lower on Monday, paring steep losses on weak Chinese economic data after sources told...

Published 17 Aug, 2021 04:42am

Markets

Oil rebounds after White House says not calling for US output hike

NEW YORK: Oil gained Wednesday, changing course after the Biden administration said it would not call on US ...

Published 12 Aug, 2021 04:34am

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

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