Trends - Oil prices - Business Recorder

Oil prices

Oil prices rise on support from US-China trade hopes

NEW YORK: Oil prices rose over 2% on Thursday, buoyed by hopes of a breakthrough in looming trade talks between the...

Published 09 May, 2025 06:02am

Markets

Europe and China, ME tensions: Oil prices climb 4pc on signs of more demand

NEW YORK: Oil prices climbed about 4% on Tuesday on signs of higher demand in Europe and China, rising tensions in...

Published 07 May, 2025 06:06am

World

Oil price crucial for Russia, but national interests come first, Kremlin says

MOSCOW: Oil prices play a crucial role in Russia’s budget and the Russian economy overall, but Russian national...

Published 06 May, 2025 05:08pm

Markets

Oil climbs 2% as price drop triggers buying; oversupply worries weigh

LONDON: Oil gained more than $1 per barrel on Tuesday, rebounding on technical factors and bargain hunting after a...

Updated 06 May, 2025 05:33pm

Markets

Oil loses more than $1 a barrel as OPEC+ accelerates output hikes, surplus looms

NEW YORK/LONDON: Oil prices fell by more than $1 a barrel on Monday after OPEC+ decided to expedite its output ...

Published 06 May, 2025 03:19am

Markets

Most Gulf markets ease on falling oil prices

DUBAI: Most stock markets in the Gulf ended lower on Monday, pressured by falling oil prices and investor caution...

Published 06 May, 2025 03:19am

Markets

Oil prices set for biggest weekly losses

NEW YORK: Oil prices fell 1% on Friday and were set for their biggest weekly losses since the end of March, as...

Published 04 May, 2025 05:49am

Markets

Japanese rubber futures gain as tariff concerns ease

SINGAPORE: Japanese rubber futures rose for a fourth session on Friday and posted a weekly gain, supported by a...

Published 04 May, 2025 05:49am

Markets

OPEC+ countries to open the oil taps despite price slump

VIENNA: Eight OPEC+ member countries on Saturday announced a sharp increase in oil production for the month of June...

Updated 03 May, 2025 07:02pm

Markets

Gulf bourses end mixed on oil price fall

DUBAI: Stock markets in the Gulf ended mixed on Thursday amid falling oil prices and weaker-than-expected US GDP...

Published 02 May, 2025 06:12am

Markets

Oil prices little changed

HOUSTON: Oil held steady on Thursday after strong earnings from Meta and Microsoft supported US equities and...

Published 02 May, 2025 06:12am

Markets

Oil steady after drop on US economic contraction, possible Saudi supply rise

NEW DELHI: Oil prices steadied on Thursday a day after a steep decline triggered by signs that Saudi Arabia, the...

Published 01 May, 2025 01:51pm

Business & Finance

Govt cuts petrol, diesel prices by Rs2 per litre for next fortnight

The federal government has announced a reduction in petroleum prices for the next fortnight, lowering both petrol...

Published 30 Apr, 2025 11:46pm

BR Research

Oil: Demand fears deepen

Crude oil markets are facing a stark recalibration, with Brent dipping below $66 per barrel this week—a near 20%...

Updated 30 Apr, 2025 07:54am

Business & Finance

Oil prices fall 2pc to 2-week low

NEW YORK: Oil prices fell about 2% to a two-week low on Tuesday as investors braced for OPEC+ to boost output and...

Published 30 Apr, 2025 05:57am

Markets

Oil prices stable amid economic uncertainty, OPEC+ supply fears

LONDON: Oil prices were stable on Monday as investors weighed up uncertainty over trade talks between the U.S. and...

Updated 28 Apr, 2025 05:47pm

Markets

Oil prices drop on tariff worry and rising supplies

NEW YORK: Oil prices fell on Friday and were set for a weekly decline of over 2%, under pressure from market...

Published 27 Apr, 2025 05:46am

Markets

Lower oil prices drag UAE markets down

DUBAI: Stock markets in the United Arab Emirates closed lower on Friday, in line with oil prices as oversupply...

Published 26 Apr, 2025 02:57am

Markets

Oil prices steady on mixed economic news

NEW YORK: Oil prices were little changed on Thursday as investors weighed a potential OPEC+ output increase, mixed...

Published 25 Apr, 2025 06:05am

Markets

Oil prices fall 3pc

HOUSTON: Oil prices slipped 3% on Wednesday as sources said OPEC+ would consider accelerating its oil output...

Published 24 Apr, 2025 04:11am

Markets

OPEC+ to consider another accelerated oil output increase for June

LONDON: Several OPEC+ members will suggest accelerating oil output hikes in June for a second consecutive month,...

Published 23 Apr, 2025 08:41pm

Markets

Oil prices stage recovery on new Iran sanctions

NEW YORK: Oil prices rose more than $1 per barrel on Tuesday as new US sanctions against Iran and rising equity...

Published 23 Apr, 2025 05:50am

Markets

Oil prices stage recovery on new Iran sanctions, equities rally

NEW YORK: Oil prices rose more than $1 per barrel on Tuesday as new U.S. sanctions against Iran and rising equity...

Updated 22 Apr, 2025 09:36pm

Markets

Oil falls on signs of progress in US-Iran talks, demand fears

NEW YORK: Oil prices fell nearly 3% on Monday on signs of progress in talks between the US and Iran, while investors...

Published 22 Apr, 2025 05:55am

Markets

Oil set for weekly rise after new Iran sanctions

NEW YORK: Oil prices rose to the highest in two weeks on Thursday after the United States imposed new sanctions to...

Published 18 Apr, 2025 05:52am

Markets

Oil rises as US issues new sanctions targeting Chinese importers of Iranian oil

HOUSTON: Oil prices rose more than $1 a barrel on Wednesday after Washington issued new sanctions targeting Chinese...

Updated 16 Apr, 2025 09:27pm

Markets

Oil prices steady

NEW YORK: Oil prices were little changed on Tuesday as investors digested the latest headlines on US President ...

Published 16 Apr, 2025 05:55am

Markets

OPEC cuts global oil demand growth forecasts

LONDON: OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the...

Published 15 Apr, 2025 05:54am

Markets

Oil prices steady

HOUSTON: Oil prices held steady on Monday as exemptions for some electronics goods from US tariffs and data showing ...

Published 15 Apr, 2025 05:54am

Markets

Stocks, dollar sink, bonds pummelled again as trade war roils markets

SINGAPORE: Global stocks slumped and the dollar sank further on Friday, while a manic bond selloff took hold in a...

Published 11 Apr, 2025 10:03am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 9	281.75
USD PKR Interbank Buying / May 9	281.50
USD to Japanese Yen / May 9	145.15
USD to Swiss Franc / May 9	0.83
Pound Sterling to USD / May 9	1.33
Euro to USD / May 9	1.12
UK LIBOR % / May 8	4.96

Stock	Volume
S&P 500 / May 8	5,663.94
Nasdaq / May 8	17,928.14
Dow Jones / May 8	41,368.45
India Sensex / May 9	79,496.11
Tokyo Nikkei / May 9	37,503.33
Hang Seng / May 9	22,833.68
FTSE 100 / May 9	8,569.40
Germany DAX 30 / May 9	23,459.01
France CAC40 / May 9	7,731.05

Item	Value
Karachi Cotton PKR/37.32 KG / May 8	16,985
Gold 10 Grams PKR / May 8	302,383
Crude Oil USD/Barrel / May 9	60.39
Gold Spot USD/Ounce / May 9	3,326.57
Cotton US¢/pound / May 9	66.46
Petrol/Litre / May 10	252.63
Diesel/Litre / May 10	256.64

Gainers
Losers
Leaders

Stock	Price
First AL-Noor Mod. / May 9 First Al-Noor Modaraba(FANM)	3 ▲ 0.67 (28.76%)
Escorts Bank / May 9 Escorts Investment Bank Limited(ESBL)	6 ▲ 0.85 (16.5%)
Premier Insurance / May 9 Premier Insurance Limited(PINL)	5.15 ▲ 0.72 (16.25%)
UDL International / May 9 UDL International Limited(UDLI)	7.24 ▲ 0.99 (15.84%)
B. F. Mod. / May 9 B.F. Modaraba(BFMOD)	7.34 ▲ 0.99 (15.59%)
Abdullah Shah / May 9 Abdullah Shah Ghazi Sugar Mills Limited(AGSML)	5.48 ▲ 0.69 (14.41%)
LSE Capital / May 9 LSE Capital Limited(LSECL)	4.47 ▲ 0.56 (14.32%)
Chenab Ltd (Pref) / May 9 Chenab Limited (Pref)(CLCPS)	2.08 ▲ 0.26 (14.29%)
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	6.48 ▲ 0.76 (13.29%)
D.S. Ind. Ltd. / May 9 D.S. Industries Limited(DSIL)	3.95 ▲ 0.46 (13.18%)

Stock	Price
Cyan Limited / May 9 Cyan Limited(CYAN)	27 ▼ -5.08 (-15.84%)
Burj Clean Energy Modaraba / May 9 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.11 ▼ -1 (-12.33%)
Next Capital / May 9 Next Capital Limited(NEXT)	6.90 ▼ -0.92 (-11.76%)
Paramount Mod / May 9 First Paramount Modaraba(FPRM)	6.50 ▼ -0.78 (-10.71%)
Jubilee Spinning / May 9 Jubilee Spinning & Weaving Mills Ltd.(JUBS)	8.38 ▼ -1 (-10.66%)
Din Tex. / May 9 Din Textile Mills Limited(DINT)	44.99 ▼ -5 (-10%)
At-Tahur Ltd. / May 9 At-Tahur Limited(PREMA)	42.57 ▼ -4.73 (-10%)
Khyber Tobacco / May 9 Khyber Tobacco Company Limited(KHTC)	342.26 ▼ -38.03 (-10%)
National Silk / May 9 The National Silk & Rayon Mills Limited(NSRM)	37.85 ▼ -4.2 (-9.99%)
Chakwal Spinning / May 9 Chakwal Spinning Mills Limited(CWSM)	36.85 ▼ -4.09 (-9.99%)

Stock	Volume
WorldCall Telecom / May 9 Worldcall Telecom Limited(WTL)	47,067,305 ▲ 0.06
Cnergyico PK / May 9 Cnergyico PK Limited(CNERGY)	33,276,520 ▲ 0.76
Sui South Gas / May 9 Sui Southern Gas Company Limited(SSGC)	29,120,731 ▼ -1.56
B.O.Punjab / May 9 The Bank of Punjab(BOP)	18,295,053 ▲ 0.46
Pak Refinery / May 9 Pakistan Refinery Limited(PRL)	15,283,592 ▲ 0.33
PIA Holding Co.Ltd / May 9 PIA Holding Company Limited(PIAHCLA)	14,808,605 ▼ -1.33
Sui North Gas / May 9 Sui Northern Gas Pipelines Limited(SNGP)	14,766,407 ▲ 5.91
K-Electric Ltd. / May 9 K-Electric Limited(KEL)	14,463,181 ▲ 0.12
Maple Leaf Cement / May 9 Maple Leaf Cement Factory Limited(MLCF)	13,534,480 ▲ 4.13
Kohinoor Spining / May 9 Kohinoor Spinning Mills Limited(KOSM)	13,314,651 ▲ 0.02

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