commodities News
Oil dips, still eyes third weekly rise on Mideast unrest
Oil prices fell on Friday but remained on track for a third straight weekly rise, as geopolitical tensions in the Middle East continued to rattle markets and the White House delayed a decision on potential U.S. involvement in the ongoing Israel-Iran conflict.
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Spot gold falls as strong dollar, fewer rate cut bets offset Mideast tensions
Gold prices fell on Friday and were on track for a weekly decline, as an overall stronger dollar and the prospect of fewer U.S. interest rate cuts offset support from rising geopolitical risks in the Middle East.
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Oil gains as Fed holds rates, Trump signals uncertainty on Mideast
Oil prices rose on Thursday as investors remained cautious, holding back from taking new positions following mixed signals from former President Donald Trump regarding possible U.S. involvement in the ongoing Israel-Iran conflict.
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Gold dips as markets eye Fed decision, Israel-Iran conflict
Gold prices edged lower in Asia trade on Wednesday as investors held back from placing large bets ahead of the U.S. Federal Reserve’s policy decision, while also keeping a close watch on the developments surrounding the Israel-Iran conflict.
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PM forms committee to monitor oil prices amid Middle East tensions
To monitor petroleum product pricing and supply dynamics, Prime Minister Shehbaz Sharif has constituted a high-level committee in response to the evolving geopolitical situation following Israel’s recent attack on Iran and the resulting volatility in international oil markets.
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| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 138,597.36 256.32M | -0.05% -68.14 |
| ALLSHR | 85,286.16 608.38M | -0.48% -413.35 |
| KSE30 | 42,340.81 77.13M | -0.03% -12.33 |
| KMI30 | 193,554.51 76.19M | -0.83% -1627.52 |
| KMIALLSHR | 55,946.05 305.11M | -0.79% -443.10 |
| BKTi | 38,197.97 16.53M | -0.59% -225.01 |
| OGTi | 27,457.35 6.73M | -0.94% -260.91 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 117,670.00 | 121,165.00 117,035.00 | -1620.00 -1.36% |
| BRENT CRUDE | 69.23 | 70.77 69.14 | -0.29 -0.42% |
| RICHARDS BAY COAL MONTHLY | 96.50 | 0.00 0.00 | 2.20 2.33% |
| ROTTERDAM COAL MONTHLY | 104.50 | 104.50 104.50 | -0.30 -0.29% |
| USD RBD PALM OLEIN | 998.50 | 998.50 998.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 66.03 | 67.54 65.93 | -0.20 -0.30% |
| SUGAR #11 WORLD | 16.79 | 17.02 16.71 | 0.05 0.30% |
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