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oil price

Oil prices dip

NEW YORK: Oil prices dipped on Wednesday after the US government released bearish data on crude and fuel supplies...

Published 22 May, 2025 06:08am

Markets

Oil posts weekly gain but remains under supply hike pressure

HOUSTON: Oil settled higher on Friday, notching a second straight week of gains on easing US-China trade tensions,...

Published 18 May, 2025 05:42am

Markets

Oil falls after US crude inventories rise

NEW YORK: Oil prices edged lower on Wednesday after government data showed US crude oil stockpiles rose unexpectedly...

Published 15 May, 2025 05:42am

Markets

Oil steadies as market eyes US-China trade talks

NEW YORK: Oil prices steadied on Wednesday after bouncing back from a sharp sell-off earlier in the week as ...

Published 08 May, 2025 06:21am

Markets

Oil rises on China stimulus hopes, US inventory drop

LONDON: Oil rose almost 1% on Thursday in thin holiday trade driven by hopes for additional fiscal stimulus in ...

Published 27 Dec, 2024 06:27am

Pakistan

Govt keeps petrol price unchanged, reduces HSD’s by Rs3.05 per litre

The new prices come into effect from December 16, 2024

Published 15 Dec, 2024 11:37pm

Markets

Oil pares some gains after source says OPEC+ to delay output hike

LONDON: Oil prices pared some gains on Thursday after a source told Reuters OPEC+ has agreed to delay a planned oil...

Updated 05 Dec, 2024 06:15pm

Markets

Oil slightly down ahead of OPEC+ decision

NEW YORK: Oil futures slipped on Wednesday as traders awaited an imminent OPEC+ decision on supply, while a...

Published 05 Dec, 2024 06:47am

Markets

Oil little changed after surprise build in US gasoline stocks

NEW YORK: Oil prices held steady on Wednesday as a large, surprise build in US gasoline stocks offset easing supply...

Published 28 Nov, 2024 05:45am

Markets

Oil price stability: Putin, Iraqi PM discuss OPEC+ coordination

MOSCOW/DUBAI: Russian President Vladimir Putin held a phone call with Iraqi Prime Minister Mohammed Shia al-Sudani ...

Published 22 Nov, 2024 03:03am

Markets

Oil weaker on uncertainty over Fed rate cut

HOUSTON: Oil prices settled down more than 2% on Friday as investors fretted about weaker Chinese demand and a...

Updated 17 Nov, 2024 07:33am

Markets

Oil slips towards 2-week low

NEW YORK: Oil prices slipped on Wednesday, trading near their lowest in two weeks, a day after OPEC lowered global...

Published 14 Nov, 2024 06:33am

Markets

Oil settles down on receding hurricane risk

NEW YORK: Oil prices settled more than 2% lower on Friday as traders grew less fearful of prolonged supply...

Published 10 Nov, 2024 02:51am

Markets

Oil extends losses on report of talks to end Lebanon war

HOUSTON: Oil prices edged down on Tuesday, after a 6% tumble in the previous session, on a report that Israeli Prime...

Published 30 Oct, 2024 06:32am

Business & Finance

Oil falls 6pc on reduced risk of wider ME war

HOUSTON: Oil prices tumbled 6% on Monday, or more than $4 a barrel, after Saturday’s retaliatory strike by Israel...

Published 29 Oct, 2024 03:27am

Markets

Oil slips 1pc on large build in US crude stocks

NEW YORK: Oil prices fell on Wednesday after data showed US crude inventories rose by more than expected even as...

Published 24 Oct, 2024 06:49am

Markets

Oil edges up, but on track for biggest weekly loss in over a month

SINGAPORE: Crude oil futures inched higher on Friday, supported by a surprise drop in U.S. oil inventories and...

Published 20 Oct, 2024 05:51am

Markets

Oil prices rise on Middle East conflict, but set for monthly loss

NEW YORK/LONDON: Oil prices rose on Monday on fears of a widening conflict in the Middle East curtailing Iranian...

Updated 30 Sep, 2024 09:46pm

Markets

Oil higher but falls on week on firmer supply outlook

HOUSTON: Oil prices settled higher on Friday but fell on the week as investors weighed expectations for higher ...

Published 29 Sep, 2024 02:46am

Markets

Oil prices slide 3% on prospect of more OPEC+ oil

HOUSTON: Oil prices fell more than 3% on Thursday on a Financial Times report that Saudi Arabia, the world’s top...

Updated 26 Sep, 2024 09:02pm

Markets

Oil falls despite China’s stimulus plan

NEW YORK: Oil prices edged lower on Wednesday as investors reassessed whether China’s latest stimulus plans will ...

Published 26 Sep, 2024 06:48am

Markets

Oil recovers on worries about Hurricane Francine

HOUSTON: Oil rebounded on worries about the impending impact of Hurricane Francine to crude oil production in the US...

Published 12 Sep, 2024 03:48am

Business & Finance

Higher taxation: BMP says govt has failed to pass on oil price decline to consumers

LAHORE: The Federation of Pakistan Chambers of Commerce & Industry’s Businessmen Panel has sought reduction in...

Updated 02 Sep, 2024 09:12am

Markets

Oil settles $1 down as supply set to rise

HOUSTON: Oil prices retreated on Friday as investors weighed expectations of a rise in OPEC+ supply starting in...

Published 01 Sep, 2024 02:46am

Markets

Oil rises on tightening supplies from Libya, Iraq

NEW YORK: Oil prices rose by more than a dollar a barrel on Thursday as supply disruptions in Libya and plans to...

Published 30 Aug, 2024 06:08am

Markets

Oil bears focus on lacklustre demand and planned output boost

LONDON: Investors have remained resolutely bearish about the outlook for petroleum prices despite increasing...

Published 28 Aug, 2024 06:22am

Markets

Oil prices tick down after surprise rise in US crude stockpiles

HOUSTON: Oil prices edged lower on Wednesday after U.S. crude inventories rose unexpectedly and as worries that a...

Updated 14 Aug, 2024 08:13pm

Markets

Oil falls as attack fears fade

HOUSTON: Brent and US crude oil futures fell more than $1 a barrel on Tuesday as markets saw reduced risk of a wider...

Published 14 Aug, 2024 06:40am

Markets

Japanese rubber climbs on supply concerns

SINGAPORE: Japanese rubber futures gained on Friday, buoyed by concerns over supply-side obstacles, although the...

Published 04 Aug, 2024 02:47am

Markets

Oil prices steady as OPEC sticks to oil policy

HOUSTON: Oil prices were little changed on Thursday as investors weighed producer group OPEC+’s decision to keep its...

Updated 01 Aug, 2024 07:58pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 30	282.08
USD PKR Interbank Buying / May 30	281.83
USD to Japanese Yen / May 30	144.02
USD to Swiss Franc / May 30	0.82
Pound Sterling to USD / May 30	1.35
Euro to USD / May 30	1.13
UK LIBOR % / May 30	4.96

Stock	Volume
S&P 500 / May 30	5,911.69
India Sensex / May 30	81,451.01
Tokyo Nikkei / May 30	37,965.10
Nasdaq / May 30	19,113.77
Hang Seng / May 30	23,289.77
FTSE 100 / May 30	8,772.38
Dow Jones / May 30	42,270.07
Germany DAX 30 / May 30	23,997.48
France CAC40 / May 30	7,751.89

Item	Value
Crude Oil USD/Barrel / May 30	60.79
Karachi Cotton PKR/37.32 KG / May 30	16,985
Gold 10 Grams PKR / May 30	298,868
Gold Spot USD/Ounce / May 30	3,298.25
Cotton US¢/pound / May 30	65.06
Petrol/Litre / May 31	252.63
Diesel/Litre / May 31	254.64

Gainers
Losers
Leaders

Stock	Price
Cresent Jute / May 30 Crescent Jute Products Limited(CJPL)	4.35 ▲ 0.81 (22.88%)
Dadabhoy Cement / May 30 Dadabhoy Cement Industries Limited(DBCI)	6.80 ▲ 1 (17.24%)
UDL International / May 30 UDL International Limited(UDLI)	9.25 ▲ 1 (12.12%)
Paramount Mod / May 30 First Paramount Modaraba(FPRM)	9.23 ▲ 0.95 (11.47%)
Parmount Sp. / May 30 Paramount Spinning Mills Limited(PASM)	3.99 ▲ 0.37 (10.22%)
Century Paper / May 30 Century Paper & Board Mills Limited(CEPB)	30.97 ▲ 2.82 (10.02%)
I.C.C. Ind. / May 30 ICC Industries Limited(ICCI)	14.95 ▲ 1.36 (10.01%)
Flying Cement / May 30 Flying Cement Company Limited(FLYNG)	59.91 ▲ 5.45 (10.01%)
Shadab Textile / May 30 Shadab Textile Mills Limited(SHDT)	51.67 ▲ 4.7 (10.01%)
First Elite Cap.Mod / May 30 First Elite Capital Modaraba(FECM)	21.65 ▲ 1.97 (10.01%)

Stock	Price
Burj Clean Energy Modaraba / May 30 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.50 ▼ -1 (-10.53%)
Bawany Air Products / May 30 Bawany Air Products Limited(BAPL)	53.41 ▼ -5.93 (-9.99%)
Nimir Resins / May 30 Nimir Resins Limited(NRSL)	31.73 ▼ -2.76 (-8%)
TPL REIT Fund I / May 30 TPL REIT Fund I(TPLRF1)	11.98 ▼ -0.99 (-7.63%)
NBP PGETF / May 30 NBP Pakistan Growth Exchange Traded Fund(NBPGETF)	22.05 ▼ -1.78 (-7.47%)
Descon Oxychem / May 30 Descon Oxychem Limited(DOL)	30.37 ▼ -2.37 (-7.24%)
IGI Life Ins / May 30 IGI Life Insurance Limited(IGIL)	24.08 ▼ -1.72 (-6.67%)
Universal Ins. / May 30 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Cres.Star Ins. / May 30 Crescent Star Insurance Limited(CSIL)	2.99 ▼ -0.19 (-5.97%)
Pak. P.V.C. / May 30 Pakistan PVC Limited(PPVC)	8.25 ▼ -0.52 (-5.93%)

Stock	Volume
WorldCall Telecom / May 30 Worldcall Telecom Limited(WTL)	79,666,803 ▼ -0.06
K-Electric Ltd. / May 30 K-Electric Limited(KEL)	47,700,857 ▼ -0.2
Cnergyico PK / May 30 Cnergyico PK Limited(CNERGY)	35,756,575 ▲ 0.07
Dewan Cement / May 30 Dewan Cement Limited(DCL)	31,365,596 ▲ 0.84
P.T.C.L. / May 30 Pakistan Telecommunication Company Ltd(PTC)	22,174,138 ▼ -0.83
Pak Int.Bulk / May 30 Pakistan International Bulk Terminal(PIBTL)	19,941,925 ▼ -0.31
Fauji Foods Ltd / May 30 Fauji Foods Limited(FFL)	19,847,564 ▲ 0.31
Pak Refinery / May 30 Pakistan Refinery Limited(PRL)	18,646,156 ▲ 0.84
Sui South Gas / May 30 Sui Southern Gas Company Limited(SSGC)	13,166,159 ▼ -0.25
Kohinoor Spining / May 30 Kohinoor Spinning Mills Limited(KOSM)	8,825,761 ▼ -0.18

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