Brent crude

offshore oil rig

Singapore offshore stocks up on oil price jump, bullish outlook

SINGAPORE (May 17): Singapore offshore stocks are moving up, with rig builder Sembcorp Marine leading the pack. The stock is up 7.8% to $1.64 apiece at 3.30pm from its closing the previous day, followed by its peer Keppel Corporation, which is up 5.4% to
oil

Crude Oil

Oil extends gains, US crude at six-month top on supply concerns

TOKYO (May 17): Oil futures rose for a second straight session on Tuesday, with US crude hitting a six-month high, as the market focused on supply disruptions that prompted long-time bear Goldman Sachs to issue a bullish assessment on near-term prices.
oil

Crude Oil

Oil at fresh 2016 highs on hopes of supply glut easing

SINGAPORE (May 16): Oil rose to fresh 2016 highs in Asia Monday as a slowdown in US drilling and increase in Chinese crude refinery processing bolstered hopes a supply glut would ease sooner than expected.
Oil

Crude Oil

Outlook for oil brightens as output disruptions erode surplus: IEA

LONDON (May 12): Unplanned disruptions to oil output could help run down a global overhang of unused crude this year, while demand will profit from growing gasoline consumption particularly in India and China, the International Energy Agency said on Thurs
Chinese stock market

Asia shares bounce on bright earnings, yen bruised

TOKYO (May 11): Asian stocks pulled away from eight-week lows on Wednesday, a day after solid corporate earnings sparked a rally in global equities while the yen struggled amid intervention warnings from Tokyo in the wake of the currency's rapid rise.
China stocks

Asian stocks at two-month lows as oil weighs; dollar up

HONG KONG (May 10): Asian stocks slipped to two-month lows on Monday as weak oil prices weighed on sentiment while the dollar got a lift against its peers as the differences in policy directions between the world's top central banks became starker.
Oil

Crude Oil

Oil traders cautious after plunge as Canada fires ease

SINGAPORE (May 10): Oil traders moved cautiously in Asia on Tuesday after the previous day's sharp losses as the threat of wildfires to Canada's crude-producing Alberta region eased and a strong greenback dampened appetite.
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