AGL37.5▲ 0.92 (0.03%)AIRLINK179.5▼ -17.15 (-0.09%)BOP10.05▼ -0.09 (-0.01%)CNERGY6.52▼ -0.17 (-0.03%)DCL8.46▼ -0.06 (-0.01%)DFML37.5▼ -0.38 (-0.01%)DGKC96.8▲ 1.57 (0.02%)FCCL33.09▲ 0.07 (0.00%)FFL16.3▼ -0.35 (-0.02%)HUBC125.85▼ -1.44 (-0.01%)HUMNL13.89▼ -0.01 (0.00%)KEL4.7▼ -0.06 (-0.01%)KOSM6.35▼ -0.02 (0.00%)MLCF42.39▲ 0.17 (0.00%)NBP60.8▲ 0.04 (0.00%)OGDC212.1▼ -0.93 (0.00%)PAEL40.61▼ -0.26 (-0.01%)PIBTL8.25▼ -0.04 (0.00%)PPL183.52▼ -0.05 (0.00%)PRL37.7▼ -0.57 (-0.01%)PTC23.97▼ -0.1 (0.00%)SEARL93.9▼ -1.21 (-0.01%)TELE8.63▼ -0.1 (-0.01%)TOMCL34.97▲ 0.26 (0.01%)TPLP12.4▲ 0.19 (0.02%)TREET22.3▼ -0.28 (-0.01%)TRG63.98▼ -0.38 (-0.01%)UNITY32.44▼ -0.27 (-0.01%)WTL1.75▼ -0.04 (-0.02%)

Friday, January 10, 2025

Home Business Crude prices inch up ahead of Opec+ meeting

Crude prices inch up ahead of Opec+ meeting

by News desk
July 6, 2021
in Business

[tta_listen_btn]

Islamabad

Global prices for crude oil edged up on Monday before an Opec+ meeting and a pending decision over future production increases.

At 13:10 GMT, Brent, the international benchmark for two-thirds of the world’s oil, gained 0.12 percent to reach $76.26 a barrel. Similarly, the US West Texas Intermediate (WTI) reached $75.30, up 0.19 percent.

The price for Opec Basket was recorded at $74.84 a barrel with 1.68 percent increase, Arab Light was available at $75.51 a barrel with 0.91 percent increase, while the price of Russian Sokol reached $75.28 after gaining 0.71 percent.Opec and its allies, led by Saudi Arabia and Russia, failed to reach consensus on Thursday. —TLTP