Trends - US crude - Business Recorder

US crude

Oil prices up on large draw from US crude stocks

NEW YORK: Oil prices settled more than 1% higher on Friday and recorded a weekly gain in low trading volume ahead of...

Published 29 Dec, 2024 02:48am

Markets

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 12	281.63
USD PKR Interbank Buying / May 12	281.43
USD to Japanese Yen / May 12	147.84
USD to Swiss Franc / May 12	0.84
Pound Sterling to USD / May 12	1.32
Euro to USD / May 12	1.11
UK LIBOR % / May 12	4.96

Stock	Volume
S&P 500 / May 12	5,844.19
India Sensex / May 12	82,429.90
Tokyo Nikkei / May 12	38,296.86
Nasdaq / May 12	18,708.34
Hang Seng / May 12	23,160.15
FTSE 100 / May 12	8,604.98
Dow Jones / May 12	42,410.10
Germany DAX 30 / May 12	23,566.54
France CAC40 / May 12	7,850.10

Item	Value
Crude Oil USD/Barrel / May 12	61.77
Karachi Cotton PKR/37.32 KG / May 12	16,985
Gold 10 Grams PKR / May 12	291,923
Gold Spot USD/Ounce / May 12	3,235.34
Cotton US¢/pound / May 12	67.13
Petrol/Litre / May 13	252.63
Diesel/Litre / May 13	256.64

Gainers
Losers
Leaders

Stock	Price
Ghazi Fabrics / May 13 Ghazi Fabrics International Limited(GFIL)	10.17 ▲ 1 (10.91%)
Gulshan Sp. / May 13 Gulshan Spinning Mills Limited(GSPM)	3.38 ▲ 0.33 (10.82%)
PIA Holding Co.Ltd / May 13 PIA Holding Company Limited(PIAHCLA)	14.80 ▲ 1.35 (10.04%)
Power Cem(Pref) / May 13 Power Cement (Pref)(POWERPS)	18.77 ▲ 1.71 (10.02%)
Jauharabad Sug / May 13 Jauharabad Sugar Mills Limited(JSML)	48.24 ▲ 4.39 (10.01%)
Dewan Motors / May 13 Dewan Farooque Motors Limited(DFML)	32.75 ▲ 2.98 (10.01%)
Khyber Textile / May 13 Khyber Textile Mills Limited(KHYT)	889.21 ▲ 80.84 (10%)
PIA Holding Co.B / May 13 PIA Holding Company Limited B(PIAHCLB)	9,359.63 ▲ 850.88 (10%)
Tandlianwala Sugar / May 13 Tandlianwala Sugar Mills Limited(TSML)	152.16 ▲ 13.83 (10%)
Citi Pharma Ltd / May 13 Citi Pharma Limited(CPHL)	78.24 ▲ 7.11 (10%)

Stock	Price
AL-Abbas Sugar / May 13 Al-Abbas Sugar Mills Limited(AABS)	750.10 ▼ -54.9 (-6.82%)
Pak Datacom / May 13 Pak Datacom Limited(PAKD)	100.65 ▼ -5.56 (-5.23%)
Sui North Gas / May 13 Sui Northern Gas Pipelines Limited(SNGP)	116.29 ▼ -6.34 (-5.17%)
Khyber Tobacco / May 13 Khyber Tobacco Company Limited(KHTC)	357.10 ▼ -19.26 (-5.12%)
Otsuka Pakistan / May 13 Otsuka Pakistan Limited(OTSU)	183.43 ▼ -9.6 (-4.97%)
B. F. Mod. / May 13 B.F. Modaraba(BFMOD)	7 ▼ -0.34 (-4.63%)
IGI Holdings / May 13 IGI Holdings Limited(IGIHL)	163.50 ▼ -7.68 (-4.49%)
Quice Food / May 13 Quice Food Industries Limited(QUICE)	6.64 ▼ -0.3 (-4.32%)
Media Times Ltd / May 13 Media Times Limited(MDTL)	1.79 ▼ -0.07 (-3.76%)
At-Tahur Ltd. / May 13 At-Tahur Limited(PREMA)	42.40 ▼ -1.61 (-3.66%)

Stock	Volume
Maple Leaf Cement / May 13 Maple Leaf Cement Factory Limited(MLCF)	8,537,271 ▲ 5.15
Pak Petroleum / May 13 Pakistan Petroleum Limited(PPL)	5,446,235 ▲ 10.26
Sui South Gas / May 13 Sui Southern Gas Company Limited(SSGC)	4,751,526 ▲ 0.94
PIA Holding Co.Ltd / May 13 PIA Holding Company Limited(PIAHCLA)	4,388,013 ▲ 1.35
Oil & Gas Dev. / May 13 Oil & Gas Development Company Limited(OGDC)	3,528,837 ▲ 2.99
At-Tahur Ltd. / May 13 At-Tahur Limited(PREMA)	2,940,990 ▼ -1.61
Sui North Gas / May 13 Sui Northern Gas Pipelines Limited(SNGP)	2,649,024 ▼ -6.34
Citi Pharma Ltd / May 13 Citi Pharma Limited(CPHL)	2,329,118 ▲ 7.11
Dewan Motors / May 13 Dewan Farooque Motors Limited(DFML)	1,818,703 ▲ 2.98
P.S.O. / May 13 Pakistan State Oil Company Limited(PSO)	1,718,773 ▲ 9.2

Markets →

Budget 2024-25: income tax calculator for FY25

US crude

Most Popular