• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
Trending:
  • Kashmir
  • Elections
Sunday, July 20, 2025

Daily Times

Your right to know

  • HOME
  • Latest
  • Iran-Israel Tensions
  • Pakistan
    • Balochistan
    • Gilgit Baltistan
    • Khyber Pakhtunkhwa
    • Punjab
    • Sindh
  • World
  • Editorials & Opinions
    • Editorials
    • Op-Eds
    • Commentary / Insight
    • Perspectives
    • Cartoons
    • Letters to the Editor
    • Featured
    • Blogs
      • Pakistan
      • World
      • Ramblings
      • Lifestyle
      • Culture
      • Sports
  • Business
  • Sports
  • Lifestyle
  • E-PAPER
    • Lahore
    • Islamabad
    • Karachi

Agencies

Crude prices jump over 3pc as China reports zero Covid-19 case

Crude oil prices snapped the seven-session losing streak on Monday and jumped over three percent after China contained the spread of the fast-spreading delta variant of the coronavirus and reported zero local cases.

At 1245 hours GMT, Brent, the international benchmark for two-thirds of the world’s oil, gained $2.02 (+3.28 percent) to reach $67.32 a barrel. Similarly, the US West Texas Intermediate (WTI) reached $64.14 a barrel, up by $2 (+3.23 percent).

The price for Opec Basket was recorded at $66.08 a barrel with 4.78 percent decrease, Arab Light was available at $67.68 a barrel with 0.13 percent decrease, while the price of Russian Sokol slipped to $66.43 after shedding 0.03 percent. Both Brent and WTI lost 10 percent of their values earlier this month as new lockdowns to contain the more virulent delta variant curbed demand.

Filed Under: Business

Submit a Comment




Primary Sidebar




Latest News

Ready-made garments worth $4.128b exported in FY25

PAJCCI welcomes trilateral agreement to build rail link

Pakistan, China build stronger financial links for easier business

Industry shutdown as PHMA joins nationwide protest against FBR’s arrest powers

ACE Junior Golf Goes International

Pakistan

Preparations Afoot: Sindh Govt cancels local govt leaves for monsoon

Governor Sindh visits Hyderabad, inspects rain affected areas

‘Consumer rights protection is a vital component of human rights’

VC SALU distributes cheques among students

3 criminals of dasti gang killed in encounter by police

More Posts from this Category

Business

Karachi set to drive Pakistan’s Rs3bn aquaculture revolution

Electricity bill distribution fully transferred to Pakistan post

Traders divided as business protests FBR power

Pakistan posts $2.1 billion current account surplus after 14 years

Pakistan’s textile exports rise 7.2% to $17.88 billion in FY25

More Posts from this Category

World

Jamaat-e-Islami stages massive comeback rally in Dhaka

Saudi Arabia suspends 7 Umrah companies for housing violations

Israeli strikes kill 40 more in Gaza

More Posts from this Category




Footer

Home
Lead Stories
Latest News
Editor’s Picks

Culture
Life & Style
Featured
Videos

Editorials
OP-EDS
Commentary
Advertise

Cartoons
Letters
Blogs
Privacy Policy

Contact
Company’s Financials
Investor Information
Terms & Conditions

Facebook
Twitter
Instagram
Youtube

© 2025 Daily Times. All rights reserved.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.