Commodity – Pakistan & Gulf Economist http://www.pakistaneconomist.com Pakistan's Business Financial Magazine Fri, 16 Nov 2018 12:32:58 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Commodity http://www.pakistaneconomist.com/2018/11/12/commodity-46-18/ http://www.pakistaneconomist.com/2018/11/12/commodity-46-18/#respond Sun, 11 Nov 2018 19:16:18 +0000 http://www.pakistaneconomist.com/?p=22373 Oil falls as global supply increases Oil prices fell nearly 1 percent on Friday as global supply increased and investors worried demand growth could slow, pressuring US crude to its longest stretch of daily declines since 1984. Crude futures benchmarks have slid about 20 percent or more since peaking in early October. Benchmark Brent crude …

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Commodity http://www.pakistaneconomist.com/2018/11/05/commodity-45-18/ http://www.pakistaneconomist.com/2018/11/05/commodity-45-18/#respond Sun, 04 Nov 2018 19:16:57 +0000 http://www.pakistaneconomist.com/?p=22013 Oil drops as Us allows Iran sanctions waivers Oil prices fell about 1 percent on Friday and notched a weekly loss of over 6 percent, as investors worried about oversupply after the United States said it will temporarily spare eight jurisdictions from Iran-related sanctions. US Secretary of State Mike Pompeo announced the decision in a …

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Commodity http://www.pakistaneconomist.com/2018/10/29/commodity-44-18/ http://www.pakistaneconomist.com/2018/10/29/commodity-44-18/#respond Sun, 28 Oct 2018 19:16:32 +0000 http://www.pakistaneconomist.com/?p=21805 World oil prices move higher Oil prices rose on Friday, supported by expectations that sanctions on Iran would tighten global supplies, but futures posted a weekly drop as a slump in stock markets and concerns about trade wars clouded the fuel demand outlook. Brent crude LCOc1 futures rose 73 cents, or 1 percent, to settle …

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Commodity http://www.pakistaneconomist.com/2018/10/22/commodity-43-18/ http://www.pakistaneconomist.com/2018/10/22/commodity-43-18/#respond Sun, 21 Oct 2018 19:16:58 +0000 http://www.pakistaneconomist.com/?p=21597 Oil rises on surging demand in China Oil prices rose on Friday on signs of surging demand in China, the world’s No. 2 oil consumer, although prices were headed for a second weekly decline on swelling US inventories and concern that trade wars were curbing economic activity. Brent crude LCOc1 futures rose 49 cents to …

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Commodity http://www.pakistaneconomist.com/2018/10/15/commodity-42-18/ http://www.pakistaneconomist.com/2018/10/15/commodity-42-18/#respond Sun, 14 Oct 2018 19:16:27 +0000 http://www.pakistaneconomist.com/?p=21365 Oil turns lower as weaker demand outlook weighs Oil prices gave back early gains and turned lower on Friday after the International Energy Agency (IEA) deemed supply adequate and the outlook for demand weakening, sinking even as equities rebounded from a slump Thursday. The West’s energy watchdog said in its monthly report that the market …

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Commodity http://www.pakistaneconomist.com/2018/10/08/commodity-41-18/ http://www.pakistaneconomist.com/2018/10/08/commodity-41-18/#respond Sun, 07 Oct 2018 19:16:23 +0000 http://www.pakistaneconomist.com/?p=21144 World oil prices mark weekly gain Crude futures steadied on Friday after climbing to four-year highs earlier this week, and both Brent and US crude marked weekly gains ahead of US sanctions on Iranian oil exports. US West Texas Intermediate (WTI) crude CLc1 futures rose 1 cent to settle at $74.34 a barrel. Global benchmark …

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Commodity http://www.pakistaneconomist.com/2018/10/01/commodity-40-18/ http://www.pakistaneconomist.com/2018/10/01/commodity-40-18/#respond Sun, 30 Sep 2018 19:16:33 +0000 http://www.pakistaneconomist.com/?p=20886 Brent crude hits 4-year high Oil prices rose more than 1 percent on Friday, with Brent climbing to a four-year high, as US sanctions on Tehran squeezed Iranian crude exports, tightening supply even as other key exporters increased production. Brent crude LCOc1 futures rose $1 to settle at $82.72 a barrel. The session high of …

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Commodity http://www.pakistaneconomist.com/2018/09/24/commodity-39-18/ http://www.pakistaneconomist.com/2018/09/24/commodity-39-18/#respond Sun, 23 Sep 2018 19:16:11 +0000 http://www.pakistaneconomist.com/?p=20678 World oil prices up, OPEC meeting in focus Oil prices were up slightly in heavy, seesaw trading on Friday, giving back most earlier gains after news that major producers would consider additional supply a day after US President Donald Trump again blasted the cartel. Investors grappled with whether the Organization of the Petroleum Exporting Countries …

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Commodity http://www.pakistaneconomist.com/2018/09/17/commodity-38-18/ http://www.pakistaneconomist.com/2018/09/17/commodity-38-18/#respond Sun, 16 Sep 2018 19:16:46 +0000 http://www.pakistaneconomist.com/?p=20453 Oil prices mixed on China tariff talk concerns Oil prices pulled back on Friday on concerns additional U.S. tariffs would be placed on Chinese imports, after an earlier rally triggered by worries that more sanctions on Iran might constrict supply. Crude futures ended the week up more than 1.6 percent. Traders said an early rally …

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Commodity http://www.pakistaneconomist.com/2018/09/10/commodity-37-18/ http://www.pakistaneconomist.com/2018/09/10/commodity-37-18/#respond Sun, 09 Sep 2018 19:16:37 +0000 http://www.pakistaneconomist.com/?p=20186 World oil prices steady Oil prices were steady on Friday, with US crude slipping on weak global equity markets while Brent inched up on geopolitical factors, including violent protests in Iraq. US West Texas Intermediate (WTI) crude futures CLc1 settled down 2 cents at $67.75 per barrel. Brent crude futures LCOc1 settled up 33 cents …

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