Trends - WTI crude - Business Recorder

WTI crude

Oil holds its ground as Chinese demand concerns weigh

LONDON: Oil held its ground on Monday as downward pressure from concern about demand in top importer China offset...

Updated 15 Jul, 2024 07:41pm

Markets

Kuwait cuts Aug crude prices for Asia, document shows

SINGAPORE: Kuwait has cut the official selling price (OSP) for Kuwait Export Crude (KEC) to Asia in August by 70...

Published 12 Jul, 2024 11:38am

Markets

Oil rises after U.S. posts crude, gasoline stock draw

HOUSTON: Oil prices roses on Wednesday after a jump in U.S. refining activity last week prompted a bigger draw than...

Updated 10 Jul, 2024 09:33pm

Markets

Oil prices fall on worries

NEW YORK: Oil prices eased about 1% to a one-week low on Monday as Hurricane Beryl shut US refineries and ports ...

Updated 09 Jul, 2024 07:17am

Markets

Iran raises June crude prices to Asia

SINGAPORE: Iran has set the official selling price (OSP) of its Iranian Light crude oil grade for Asian buyers at...

Published 27 May, 2024 09:45am

Markets

Oil rises ahead of inflation data after downbeat week

HOUSTON: Oil prices rose by more than $1 per barrel in muted trade owing to public holidays in Britain and the...

Updated 27 May, 2024 10:06pm

Markets

Oil slips for third day on likely ‘higher for longer’ US rates

LONDON: Oil prices fell on Wednesday, retreating for a third straight day on expectations that the Federal Reserve...

Updated 22 May, 2024 05:37pm

Markets

Oil falls 1% as sticky US inflation weighs on demand at the pump

HOUSTON: Oil prices fell more than 1% on Tuesday as lingering U.S. inflation was poised to keep interest rates...

Updated 21 May, 2024 09:30pm

Markets

Oil steadies after death of Iran’s president, Saudi king’s ill health

LONDON: Oil prices held steady on Monday amid political uncertainty in major producing countries after Iran’s...

Updated 20 May, 2024 05:37pm

Markets

Oil heads for weekly gain on hopes of firmer demand

LONDON: Oil steadied on Friday, with global benchmark Brent heading for its first weekly gain in three weeks, as...

Updated 17 May, 2024 05:55pm

Markets

Oil prices rise after positive US economic data

LONDON: Oil futures rose on Thursday bolstered by slower than expected inflation and a stabilising U.S. job market,...

Updated 16 May, 2024 07:37pm

Markets

Oil prices gain

NEW YORK: Crude prices edged up on Wednesday from a two-month low in the prior session as the market balanced...

Published 16 May, 2024 06:28am

Markets

Oil perks up after sharp week-long selloff on supply, demand concerns

LONDON: Oil prices edged higher on Friday, a day after sinking 5% to a four month-low on growing worries about...

Updated 17 Nov, 2023 05:22pm

Business & Finance

Oil prices hit 4-month low on concerns about US, Chinese economy

NEW YORK: Oil prices dropped more than 5% on Thursday to their lowest in four months, as investors worried about...

Published 17 Nov, 2023 06:06am

Markets

Oil tumbles on big US crude stocks build, record

HOUSTON: Oil prices fell on Wednesday on a bigger-than-expected rise in US crude inventories and record production ...

Published 16 Nov, 2023 05:39am

Markets

Oil up as IEA lifts demand growth forecast, US inflation cools

NEW YORK: Oil prices rose about 1% to a one-week high after the International Energy Agency (IEA) boosted its demand...

Published 15 Nov, 2023 06:09am

Markets

Oil rises more than $1 on fears of spread of Middle East conflict

SINGAPORE: Oil prices rose by over $1 on Friday as reports that the U.S military struck Iranian targets in Syria...

Published 27 Oct, 2023 09:46am

Markets

Oil falls after US stockpiles climb, Middle East tensions in focus

SINGAPORE: Oil prices fell on Thursday after a rise in US crude stockpiles and a climb in the dollar index, giving...

Updated 26 Oct, 2023 12:41pm

Opinion

Markets roll back fears of big ground invasion

A recent Bloomberg report notes: Asked on Friday whether Israel should delay the ground operation, President Joe...

Updated 26 Oct, 2023 06:34am

Markets

Oil up as demand fears counter ME conflict

NEW YORK: Oil prices rose about 1% on Wednesday on worries about the conflict in the Middle East escalating. ...

Published 26 Oct, 2023 06:08am

Markets

Oil prices end mixed as Venezuela sanctions ease

HOUSTON Oil prices were little changed on Thursday as the United States eased sanctions on Venezuela to allow more...

Published 20 Oct, 2023 05:17am

Markets

Oil up on big US crude storage draw, Middle East tension

NEW YORK: Oil prices climbed about 2% to a two-week high on Wednesday on a bigger-than-expected US storage draw and...

Published 19 Oct, 2023 05:10am

Markets

Oil prices fall ahead of Biden Middle East trip

NEW YORK: Oil prices edged lower on Tuesday as investors wait to see if US diplomatic efforts and a trip by ...

Published 18 Oct, 2023 06:09am

Markets

Oil prices fall below $90 a barrel on report of US-Venezuela deal

HOUSTON: Oil futures fell on Monday on a report the US and Venezuela could soon reach a deal to ease sanctions on...

Updated 17 Oct, 2023 08:19am

Markets

Oil prices dive

NEW YORK: Oil prices tumbled by more than 4% on Wednesday following reports that Russia may lift its diesel ban in...

Published 05 Oct, 2023 06:23am

Markets

Oil steadies amid strong US dollar, mixed supply cues

LONDON: Oil prices were little changed on Tuesday, after falling to a three-week low in the previous session, amid a...

Updated 03 Oct, 2023 08:07pm

Markets

Oil settles lower but ends quarter up 28pc on tight supply

NEW YORK: Oil prices settled 1% lower on Friday due to macroeconomic concerns and profit taking, but rose about 30%...

Published 02 Oct, 2023 06:33am

Markets

WTI price surge shuts arbitrage oil flows from US to Europe, Asia

SINGAPORE: A sudden surge in U.S. West Texas Intermediate crude prices that pulled Brent higher has shut off...

Published 19 Sep, 2023 04:29pm

Markets

Oil prices continue to rally on tight supply

LONDON: Global oil benchmark Brent crude hovered above $94 a barrel on Monday, with investors focused on the...

Updated 18 Sep, 2023 04:58pm

Markets

Oil set for another weekly gain on tight supply and China optimism

LONDON: Oil was on track for a third weekly gain as supply tightness spearheaded by Saudi Arabian production cuts...

Updated 15 Sep, 2023 07:16pm

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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