Oil prices improve after Saudi Oil Minister's comments on OPEC-led supply cuts
MG News | March 11, 2019 at 12:13 PM GMT+05:00
March 11, 2019 (MLN): Oil prices improved on Monday after Saudi Oil Minister Khalid al-Falih said that an end to OPEC-led supply cuts was improbable before June. Moreover, the prices also increased on the back of a report showing a fall in U.S. drilling activity.
West Texas Intermediate (WTI) crude oil futures were at $56.38 per during initial hours on Monday, up 32 cents, or 0.6 percent from their last close.
On the other hand, Brent crude futures were at $66.09 per barrel, up 30 cents, or 0.5 percent.
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 171,725.29 261.56M | 2.31% 3881.05 |
| ALLSHR | 103,214.49 498.64M | 2.00% 2024.02 |
| KSE30 | 51,517.14 135.33M | 2.40% 1209.13 |
| KMI30 | 246,565.71 111.44M | 2.29% 5524.54 |
| KMIALLSHR | 67,042.77 274.55M | 1.94% 1273.86 |
| BKTi | 47,299.71 43.26M | 3.04% 1394.54 |
| OGTi | 36,341.37 10.64M | 2.20% 783.44 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 76,570.00 | 77,935.00 76,105.00 | 795.00 1.05% |
| BRENT CRUDE | 98.27 | 98.45 97.12 | 2.13 2.22% |
| RICHARDS BAY COAL MONTHLY | 110.00 | 0.00 0.00 | -8.75 -7.37% |
| ROTTERDAM COAL MONTHLY | 113.00 | 0.00 0.00 | 0.30 0.27% |
| USD RBD PALM OLEIN | 1,157.50 | 1,157.50 1,157.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 91.96 | 93.90 89.41 | -4.64 -4.80% |
| SUGAR #11 WORLD | 14.68 | 0.00 0.00 | -0.02 -0.14% |
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