Commodity – Pakistan & Gulf Economist http://www.pakistaneconomist.com Pakistan's Business Financial Magazine Tue, 14 Jan 2020 12:55:25 +0000 en-US hourly 1 https://wordpress.org/?v=5.1.4 World Commodities http://www.pakistaneconomist.com/2020/01/13/world-commodities-2-20/ http://www.pakistaneconomist.com/2020/01/13/world-commodities-2-20/#respond Sun, 12 Jan 2020 19:40:57 +0000 http://www.pakistaneconomist.com/?p=36556 Oil falls below $65/bbl in first weekly drop Oil fell below $65 a barrel on Friday in its first weekly loss since late November, erasing the week’s risk premium added since a US drone strike killed a top Iranian general as investors focused on rising US inventories and other signs of ample supply. However, markets …

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World Commodities http://www.pakistaneconomist.com/2020/01/06/world-commodities-1-20/ http://www.pakistaneconomist.com/2020/01/06/world-commodities-1-20/#respond Sun, 05 Jan 2020 19:40:38 +0000 http://www.pakistaneconomist.com/?p=36311 World oil prices move higher as US strike killed Iranian commander Oil prices jumped to the highest level in more than three months on Friday after the United States killed a top Iranian military commander in Iraq, sparking fears that escalating conflict in the region could disrupt global oil supplies. Brent crude ended the session …

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World Commodities http://www.pakistaneconomist.com/2019/12/30/world-commodities-52-19/ http://www.pakistaneconomist.com/2019/12/30/world-commodities-52-19/#respond Sun, 29 Dec 2019 19:40:24 +0000 http://www.pakistaneconomist.com/?p=36056 Oil prices post fourth consecutive weekly gain Oil prices rose to the fourth consecutive weekly gain on Friday, steadying at three-month highs after new data showed U.S. crude inventories fell far more than expected, while upbeat economic data and optimism over a US-China trade deal fueled a year-end stock market rally. Brent crude LCOc1 rose …

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World Commodities http://www.pakistaneconomist.com/2019/12/23/world-commodities-51-19/ http://www.pakistaneconomist.com/2019/12/23/world-commodities-51-19/#respond Sun, 22 Dec 2019 19:40:05 +0000 http://www.pakistaneconomist.com/?p=35797 World oil benchmarks post 3rd weekly gain Oil prices fell on Friday, but both benchmarks logged a third straight weekly gain amid the easing of US-Chinese trade tensions, which has boosted business confidence and the outlook for global economic growth. Brent LCOc1 crude futures settled at $66.14 a barrel, down 40 cents, or 0.6%, but …

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World Commodities http://www.pakistaneconomist.com/2019/12/16/world-commodities-49-50-19/ http://www.pakistaneconomist.com/2019/12/16/world-commodities-49-50-19/#respond Sun, 15 Dec 2019 19:40:18 +0000 http://www.pakistaneconomist.com/?p=35459 World oil prices decline Oil prices fell on Monday after data showed Chinese exports declined for a fourth straight month, sending jitters through a market already concerned about damage being done to global demand by the trade war between Washington and Beijing. Brent futures LCOc1 were down 44 cents, or 0.68%, at $63.95 per barrel …

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World Commodities http://www.pakistaneconomist.com/2019/12/02/world-commodities-48-19/ http://www.pakistaneconomist.com/2019/12/02/world-commodities-48-19/#respond Sun, 01 Dec 2019 19:40:41 +0000 http://www.pakistaneconomist.com/?p=35242 WORLD COMMODITIES TRADING World oil prices tumble on fresh trade tensions, record us crude output Oil prices fell on Friday, with US crude dropping more than 4%, on fresh trade tensions and record high US crude production, but they still ended the month higher as OPEC watchers expect an extension next week to a pact …

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PMEX keeps supremacy in commodity futures trade amid innovative and sustainable schemes http://www.pakistaneconomist.com/2019/11/25/pmex-keeps-supremacy-in-commodity-futures-trade-amid-innovative-and-sustainable-schemes/ http://www.pakistaneconomist.com/2019/11/25/pmex-keeps-supremacy-in-commodity-futures-trade-amid-innovative-and-sustainable-schemes/#respond Sun, 24 Nov 2019 20:11:26 +0000 http://www.pakistaneconomist.com/?p=35108 Interview with Mr. Ejaz Ali Shah — Managing Director, Pakistan Mercantile Exchange Limited (PMEX) PAGE: Briefly tell us about the progress of the Exchange since commencement of its operations. Ejaz Ali Shah: Pakistan Mercantile Exchange Limited (PMEX) commenced operations in 2007. The history, spread over 13 years, may look brief, but it is eventful. Over the …

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World Commodities http://www.pakistaneconomist.com/2019/11/25/world-commodities-47-19/ http://www.pakistaneconomist.com/2019/11/25/world-commodities-47-19/#respond Sun, 24 Nov 2019 19:16:34 +0000 http://www.pakistaneconomist.com/?p=34725 World oil prices retreat Oil prices fell on Friday, pulling back from two-month highs as concern over U.S.-China trade talks overshadowed expectations of an extension to OPEC+ production cuts. Brent crude futures LCOc1 eased 58 cents to settle at $63.39 a barrel, having touched a high of $64.27 early in the session. West Texas Intermediate …

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World Commodities http://www.pakistaneconomist.com/2019/11/11/world-commodities-45-46-19/ http://www.pakistaneconomist.com/2019/11/11/world-commodities-45-46-19/#respond Sun, 10 Nov 2019 19:16:25 +0000 http://www.pakistaneconomist.com/?p=34399 World oil prices move higher Oil prices edged higher on Friday, after falling more than 1% following comments from US President Donald Trump that he has not agreed to roll back tariffs on China. Brent crude futures rose 22 cents to settle at $62.51 a barrel. West Texas Intermediate (WTI) crude rose 9 cents to …

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Hike in freight by Pakistan railways to raise cost of doing business http://www.pakistaneconomist.com/2019/11/04/hike-in-freight-by-pakistan-railways-to-raise-cost-of-doing-business/ http://www.pakistaneconomist.com/2019/11/04/hike-in-freight-by-pakistan-railways-to-raise-cost-of-doing-business/#respond Sun, 03 Nov 2019 19:55:29 +0000 http://www.pakistaneconomist.com/?p=34299 In the recent past, businesses in Pakistan have been marred by exorbitantly high costs of doing business. The macro-economic adversity that was triggered by historic twin deficits has trickled down to every facet of business operation. The massive erosion in rupee value and hike in interest rate have further escalated the costs of doing business. …

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