Trends - US crude - Business Recorder

US crude

Oil slips as investors digest US election fallout

LONDON: Oil slipped on Thursday, extending a sell-off triggered by the U.S. presidential election, as a strong...

Updated 07 Nov, 2024 07:06pm

Markets

Oil falls as Trump victory pushes dollar higher

Oil prices fell about 3% on Wednesday as the U.S. dollar was set for its biggest one-day rise since March 2020 on...

Updated 06 Nov, 2024 08:49pm

Markets

Oil trades in tight range ahead of US election result

LONDON: Oil prices traded in a narrow range on Tuesday ahead of what is expected to be an exceptionally close U.S....

Updated 05 Nov, 2024 06:35pm

Markets

Oil prices rise 1% after boost from US fuel demand

LONDON: Oil prices gained 1% on Thursday after rallying the previous day on stronger than expected U.S. fuel demand...

Updated 31 Oct, 2024 06:54pm

Markets

Oil rises 2% as US stockpiles drawdown, OPEC+ mulls output hike delay

NEW YORK: Oil prices rebounded on Wednesday, rising more than 2% after data showed U.S. crude and gasoline...

Updated 30 Oct, 2024 09:39pm

Markets

Asian stocks defy Wall St selloff, charged by dogged China optimism

SINGAPORE: Asian stocks bucked the global trend to extend a rally on Thursday, fuelled by persistent optimism over...

Published 26 Sep, 2024 10:05am

Markets

Oil prices dip

HOUSTON: Oil prices eased more than $1 on Monday as disappointing euro zone business activity added to worries about...

Published 24 Sep, 2024 03:28am

Markets

Oil ends week higher as investors take stock of Fed rate cuts

HOUSTON: Oil prices settled lower on Friday but recorded a second straight week of gains, garnering support from a ...

Published 22 Sep, 2024 02:47am

Markets

Oil prices settle down

NEW YORK: Oil prices settled 2% lower on Friday, with a big weekly loss after data US jobs data was weaker than...

Published 08 Sep, 2024 02:42am

Business & Finance

Oil settles 2pc higher on falling US crude stockpiles

NEW YORK: Oil prices gained more than 2% on Wednesday, bouncing back from multi-month lows, after data showed a...

Published 08 Aug, 2024 06:22am

Markets

Asian stocks sit tight, yen firms as BOJ beckons

SINGAPORE: Asian stocks clung to familiar ranges on Wednesday after contrasting results from tech bellwether...

Published 31 Jul, 2024 09:43am

Markets

Oil prices rise as US fuel stocks decline

HOUSTON: Oil prices rose on Wednesday, supported by large draws in US crude and fuel stocks, but were still close to...

Published 25 Jul, 2024 06:35am

Markets

Oil prices higher

NEW YORK: Oil prices edged up on Monday on the prospect of strong summer fuel demand and rising geopolitical ...

Published 25 Jun, 2024 06:42am

Markets

Shell earns $1 billion a year from US crude trading, court filing shows

HOUSTON: Financial details of Shell’s vast oil and gas trading business are some of the company’s closest-held...

Published 29 Apr, 2024 12:50pm

Markets

US crude futures climb back into positive territory

HOUSTON: US crude futures returned to positive territory on Monday after falling on easing fears of a wider Mideast...

Published 23 Apr, 2024 03:41am

Markets

Indian refiners buy more US crude as Russia sanctions tighten

HOUSTON: More than 250,000 barrels per day of US crude is set to arrive in India next month, the highest in more ...

Published 27 Mar, 2024 04:38am

Markets

Oil prices rise as revised IEA forecasts suggest tighter market

LONDON: Oil prices rose on Thursday as investors digested the International Energy Agency’s (IEA) latest oil market...

Updated 14 Mar, 2024 09:19pm

Markets

Oil prices up 2pc to 4-month high

NEW YORK: Oil prices rose about 2% to a four-month high on Wednesday on a surprise withdrawal in US crude...

Published 14 Mar, 2024 03:00am

Markets

Saudi Aramco starts trading US crude that helps set Brent oil benchmark

LONDON: Saudi state oil company Aramco has started trading a US crude oil grade that underpins the global Brent...

Published 13 Feb, 2024 06:06pm

World

Oil tankers continue Red Sea movements despite Houthi attacks

HOUSTON: Oil and fuel tanker traffic in the Red Sea was stable in December, even though many container ships have...

Updated 09 Jan, 2024 09:02pm

OPEC+ cartel’s grip on oil market loosening: IEA

PARIS: Slowing demand growth and rising US crude production will make it more difficult for OPEC+ to continue to...

Updated 15 Dec, 2023 09:22am

Markets

Brent, US crude futures climb as OPEC cuts likely

HOUSTON: Brent and US crude futures climbed more than 2.5%, gaining $2 a barrel on Monday, as further supply cuts in...

Published 21 Nov, 2023 06:01am

Markets

Asian stocks slump to 11-month lows as higher-for-longer rate fears persist

HONG KONG: Asian stocks slid to 11-month lows on Wednesday, US futures dropped and the dollar surged as Treasury...

Published 26 Oct, 2023 10:49am

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

Russia remains China’s top crude supplier in July despite narrower discounts

BEIJING: Russia remained China’s largest crude supplier in July, Chinese government data showed on Sunday, even as...

Published 20 Aug, 2023 11:09am

Markets

US crude stockpiles fall even as output hits 2020 high: EIA

NEW YORK: U.S. crude oil inventories fell last week as oil refiners increased run rates and exports surged, while...

Published 16 Aug, 2023 09:30pm

Markets

Oil prices fall despite record US crude stock drawdown

NEW YORK: Oil prices fell on Wednesday after sharp gains despite a historic drop in US crude stocks, as traders...

Published 03 Aug, 2023 05:54am

Markets

US crude inventories fall more than expected: EIA

HOUSTON: US crude stocks, gasoline and distillate inventories fell last week, the Energy Information Administration...

Published 07 Jul, 2023 05:24am

Markets

Oil rises on debt ceiling, demand optimism

NEW YORK: Oil prices rose 2% on Wednesday as optimism on oil demand and US debt ceiling negotiations outweighed...

Published 18 May, 2023 06:10am

Markets

Oil falls 2pc on surprise jump in US crude inventories

BENGALURU: Oil prices fell more than a dollar a barrel on Wednesday, ending a three-day rally as an unexpected jump...

Published 11 May, 2023 05:54am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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