Oil prices held their own on Thursday after falling late in the day supported by ongoing supply cuts led by Russia and OPEC. However, traders have turned their stance on the future oil prices bullish
Brent prices hit $60 recently and have maintained the levels since. Analysts and writers assume the new $60 price for Brent benchmark could easily become the floor price for Brent. The next OPEC meeting to
As the fertilizer manufacturers of Pakistan are forecasting a surplus Urea inventory in the country, enough to meet the local demand over the next six months (October 2017 till March 2018), there were news that
According to the Pakistan Central Cotton Committee data, cotton picking has significantly increased in Punjab. The report highlights that due to decent production, better yields are being harvested from the region. Pest infestation is being
Oil prices have seen a significant rebound during late October and have carried forward the momentum in this month. As rising tensions in the Middle East have changed the course of future supplies towards a
According to figures released by the Pakistan Bureau of Statistics, the Weekly SPI for the combined group increased by 0.97% compared to the previous week (Oct 26 ,2017) and 2.95% over the corresponding period from
Cotton production in the country reached to 8.134 million according to the latest report released by the Pakistan Cotton Ginners association showing a jump of 17 percent over the same period last year. Cotton production
The oil market is feeling more bullish than ever, with growing potential of an extension to OPEC’s production cut deal has added fuel to the fire. Brent crude has sustained its $60 levels, with WTI
Keeping in view the changing landscape of oil prices in the international markets, Federal Government has revised prices of all petroleum products for the month of November. Rumors of price hike were circling in the
According to latest estimates, Saudi Arabia will need to have oil prices trade above $60 per barrel for the economy to break even. According to the report, Saudi Arabia’s attempts to combine austerity, cuts to
Only a few months back, oil and energy analysts were mute to any future upward expectations in the international oil prices. However, add a mix of geopolitical tensions and possible supply – cut extensions beyond
Oil prices were steady on Monday as international markets expect the reports regarding extension in oil cuts agreement due to expire in March next year gain momentum. The OPEC cartel, with Saudi Arabia as its
Asian Development Bank forecast that remittance to slow down as less movement of workers to the Asian countries as the Gulf and Saudi Arabia have curtailed their investment plans owing to fall in crude oil
National Fertilizer Development Centre today released fertilizer supply-demand situation during September 2017, along-with Kharif 2017 and outlook for Rabi 2017-18. Total Fertilizer Sales – September, 2017 Total Fertilizer sales during the month of September, 2017
Oil prices to average $56 a barrel in 2018, up from 2017 average of $53/bbl Oil prices are forecast to rise to $56 a barrel in 2018 from $53 this year as a result of
Oil prices held their own on Thursday after falling late in the day supported by ongoing supply cuts led by Russia and OPEC. However, traders have turned their stance on the future oil prices bullish
Brent prices hit $60 recently and have maintained the levels since. Analysts and writers assume the new $60 price for Brent benchmark could easily become the floor price for Brent. The next OPEC meeting to
As the fertilizer manufacturers of Pakistan are forecasting a surplus Urea inventory in the country, enough to meet the local demand over the next six months (October 2017 till March 2018), there were news that
According to the Pakistan Central Cotton Committee data, cotton picking has significantly increased in Punjab. The report highlights that due to decent production, better yields are being harvested from the region. Pest infestation is being
Oil prices have seen a significant rebound during late October and have carried forward the momentum in this month. As rising tensions in the Middle East have changed the course of future supplies towards a
According to figures released by the Pakistan Bureau of Statistics, the Weekly SPI for the combined group increased by 0.97% compared to the previous week (Oct 26 ,2017) and 2.95% over the corresponding period from
Cotton production in the country reached to 8.134 million according to the latest report released by the Pakistan Cotton Ginners association showing a jump of 17 percent over the same period last year. Cotton production
The oil market is feeling more bullish than ever, with growing potential of an extension to OPEC’s production cut deal has added fuel to the fire. Brent crude has sustained its $60 levels, with WTI
Keeping in view the changing landscape of oil prices in the international markets, Federal Government has revised prices of all petroleum products for the month of November. Rumors of price hike were circling in the
According to latest estimates, Saudi Arabia will need to have oil prices trade above $60 per barrel for the economy to break even. According to the report, Saudi Arabia’s attempts to combine austerity, cuts to
Only a few months back, oil and energy analysts were mute to any future upward expectations in the international oil prices. However, add a mix of geopolitical tensions and possible supply – cut extensions beyond
Oil prices were steady on Monday as international markets expect the reports regarding extension in oil cuts agreement due to expire in March next year gain momentum. The OPEC cartel, with Saudi Arabia as its
Asian Development Bank forecast that remittance to slow down as less movement of workers to the Asian countries as the Gulf and Saudi Arabia have curtailed their investment plans owing to fall in crude oil
National Fertilizer Development Centre today released fertilizer supply-demand situation during September 2017, along-with Kharif 2017 and outlook for Rabi 2017-18. Total Fertilizer Sales – September, 2017 Total Fertilizer sales during the month of September, 2017
Oil prices to average $56 a barrel in 2018, up from 2017 average of $53/bbl Oil prices are forecast to rise to $56 a barrel in 2018 from $53 this year as a result of
Charts
KSE100 (Last)
KSE100 (Volume)
KSE100 (Last)
KSE100 (Volume)
Markets
COMMODITIES
COMMODITIES
Name
Symbol
Last
High
Low
Change
Unit
Currency
% Change
BRENT CRUDE
EB
83.81
83.87
83.8
0.23
Barrel
USD
0.275
RICHARDS BAY COAL MONTHLY
EF
101.90
0.00
0.0
-6.10
Metric Tonne
USD
-5.648
ROTTERDAM COAL MONTHLY
ET
106.00
107.50
106.0
-3.25
Metric Tonne
USD
-2.975
USD RBD PALM OLEIN
POL
832.50
832.50
832.5
0.00
Metric Tonne
USD
0.000
CRUDE OIL – WTI
QCL
79.28
79.33
79.1
0.29
Barrel
USD
0.367
SUGAR #11 WORLD
SB
19.63
19.95
19.5
-0.32
Pound
Cents
-1.604
Gold Tola 24 Kt
XAUMGT24
242,893.12
243,142.46
242,879.0
8.19
Tola
PKR
0.003
Gold
XAUUSD
2,309.91
2,310.29
2,308.1
1.34
Troy Ounce
USD
0.058
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