Trends - US crude oil - Business Recorder

US crude oil

Brent crude falls $1/bbl on demand fears

HOUSTON: Brent crude oil prices fell by $1 a barrel to $72.75 on Wednesday because of pessimism about demand in the...

Updated 04 Sep, 2024 09:03pm

Markets

Oil prices drift lower

HOUSTON: Oil prices fell by around 1% on Wednesday due to persistent concerns over Chinese demand and elevated risks...

Published 29 Aug, 2024 06:53am

Markets

Oil prices lifted by summer demand hopes

Oil prices rose on Monday, helped by expected peak summer consumption and OPEC+ production cuts, though gains were...

Updated 01 Jul, 2024 07:01pm

Markets

Oil set for second week of gains on signs of improving demand

Crude oil futures were little changed on Friday but on course to rise for a second week amid signs of improving...

Updated 21 Jun, 2024 05:26pm

Markets

Oil hits seven-week high on demand hopes, war jitters

LONDON: Oil prices hit seven-week highs on Wednesday as summer demand optimism and concerns over escalating...

Updated 19 Jun, 2024 07:22pm

Markets

Oil up on Fed comments, geopolitical risk premium in Europe, Mideast

Brent crude futures were up 97 cents to $85.22 per barrel at 1538 GMT

Updated 19 Jun, 2024 09:28am

Markets

Oil edges higher as US data offsets impact of Fed rate-cut outlook

NEW YORK: Oil prices rose slightly on Thursday in up-and-down trade, pressured by rising U.S. crude and fuel...

Updated 13 Jun, 2024 11:31pm

Markets

US crude output rises in March

HOUSTON: US crude oil production rose in March to its highest this year, while product supplied fell, data from the...

Published 02 Jun, 2024 02:53am

Markets

Saudi Arabia’s crude exports hit nine-month high in March

Saudi Arabia’s crude oil exports rose for the second straight month in March, reaching their highest in nine months,...

Published 20 May, 2024 05:19pm

Markets

Oil rebounds, gains 1% after US crude draw, lukewarm inflation data

NEW YORK: Oil prices rose nearly 1% on Wednesday from a two-month low in the prior session as the market balanced...

Updated 16 May, 2024 12:34am

Markets

Oil prices on track to snap two-week losing streak

LONDON: Oil prices rose on Friday, on track to end higher this week after two straight weeks of losses, after a top...

Updated 26 Apr, 2024 03:20pm

Markets

Oil eases on US fuel demand concerns

HOUSTON: Oil prices edged down on Thursday after slower economic growth in the first quarter added to concerns of...

Updated 25 Apr, 2024 09:13pm

Markets

Oil prices fall as US business activity cools

NEW YORK: Oil prices were moderately lower on Wednesday as worries over conflict in the Middle East eased and...

Published 25 Apr, 2024 03:05am

Markets

Oil sheds more than $1/barrel after Iran attack

NEW YORK: Oil prices sank by about $1 a barrel on Monday after Iran’s weekend attack on Israel proved to be less...

Updated 15 Apr, 2024 08:50pm

Markets

Wall Street Week Ahead: Surging US energy shares reflect robust growth, inflation worries

NEW YORK: US energy shares are soaring as investors benefit from rising oil prices and a stronger-than-expected...

Published 15 Apr, 2024 03:56am

Markets

Brent oil futures rise towards $90 as supply risks intensify

LONDON: Oil prices extended gains on Wednesday, as investors mulled supply risks stemming from Ukrainian attacks on...

Updated 03 Apr, 2024 05:17pm

Markets

Brent oil hits highest price this year on fresh supply threats

Global oil benchmark Brent on Tuesday rose above $89 a barrel for the first time since October, albeit briefly, as...

Updated 02 Apr, 2024 09:48pm

Markets

Saudi Arabia may hike May crude oil prices to Asia

SINGAPORE: Top oil exporter Saudi Arabia may raise the official selling price (OSP) for flagship Arab Light crude in...

Published 01 Apr, 2024 01:05pm

Markets

US crude oil production down in Jan

HOUSTON: US crude oil production dropped in January to 12.533 million barrels per day (bpd), a 6% decline from...

Published 30 Mar, 2024 06:39am

Markets

Oil retreats from multi-month highs ahead of Fed decision

LONDON: Oil prices edged lower on Wednesday after hitting multi-month highs in the previous session, as investors...

Updated 20 Mar, 2024 04:48pm

Markets

Oil holds firm on OPEC demand forecast and U.S. fuel stocks

LONDON: Oil prices edged higher on Wednesday, holding on to Tuesday’s gains on a robust demand growth forecast from...

Updated 14 Feb, 2024 08:54pm

Markets

Gulf markets gain ahead of US inflation report

DUBAI: Most stock markets in the Gulf ended higher on Tuesday, as investors waited for a US inflation report to ...

Published 14 Feb, 2024 02:34am

Markets

Oil rises as Middle East tensions offset economy concerns

LONDON: Oil rose around 1% on Wednesday in a second day of gains as Middle East supply concerns arising from the...

Updated 10 Jan, 2024 09:23pm

Markets

Oil gains ahead of OPEC+ meeting as Black Sea shutdowns support

LONDON: Oil prices rose on Wednesday as investors turned their attention to an OPEC+ meeting to decide on output...

Updated 29 Nov, 2023 04:58pm

Markets

Oil slumps over two percent

NEW YORK: Oil prices tanked more than 2% on Wednesday as OPEC+ producers unexpectedly delayed a meeting on ...

Published 23 Nov, 2023 03:19am

Markets

Oil prices ease from 10-month highs but hold above $90 a barrel

LONDON: Oil prices edged lower on Monday after fresh Saudi and Russian crude output cuts had driven prices to...

Updated 11 Sep, 2023 04:31pm

Markets

Asia stock markets weaken amid ongoing retreat from Chinese property sector

SYDNEY: Asia stock markets weakened on Monday as investors in China sold off shares in property developers,...

Published 11 Sep, 2023 09:25am

Markets

Oil slips on weak China outlook

HOUSTON: Oil prices edged down on Thursday as an uncertain outlook for demand from China overshadowed the latest US...

Published 08 Sep, 2023 06:01am

Markets

US oil, gas output nears peak

LONDON: US crude oil production increased again in June and is nearing the record high set before the pandemic, but...

Published 05 Sep, 2023 06:22am

Markets

US crude stocks to fall further, end below year-ago levels, say analysts

HOUSTON: US crude oil stocks have fallen to their lowest level this year and likely will shrink further, analysts...

Published 04 Sep, 2023 11:12am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Oct 31	277.92
USD PKR Interbank Buying / Oct 31	277.72
USD to Japanese Yen / Oct 31	152.20
USD to Swiss Franc / Oct 31	0.86
Pound Sterling to USD / Oct 31	1.30
Euro to USD / Oct 31	1.09

Stock	Volume
S&P 500 / Oct 30	5,813.67
Nasdaq / Oct 30	18,607.93
Dow Jones / Oct 30	42,141.54
India Sensex / Oct 31	79,453.59
Tokyo Nikkei / Oct 31	39,081.25
Hang Seng / Oct 31	20,382.25
FTSE 100 / Oct 31	8,105.12
Germany DAX 30 / Oct 31	19,158.33

Item	Value
Karachi Cotton PKR/37.32 KG / Oct 30	18,085
Gold 10 Grams PKR / Oct 30	246,403.40
Crude Oil USD/Barrel / Oct 31	69
Gold Spot USD/Ounce / Oct 31	2,781.74
Cotton US¢/pound / Oct 31	69.77
Petrol/Litre / Nov 1	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 1 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Nov 1 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Nov 1 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Nov 1 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 1 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 1 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Nov 1 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 1 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 1 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Nov 1 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 1 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Nov 1 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 1 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Nov 1 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Nov 1 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Nov 1 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Nov 1 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Nov 1 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Nov 1 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Nov 1 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Nov 1 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Nov 1 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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US crude oil

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