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Oil & Gas
Crude oil prices open lower on expectations of increased production following OPEC+ meeting
Crude Oil futures contracts opened lower on Tuesday following a rising number of Covid-19 cases. Prices have dropped more than 1% on Monday as a meeting of OPEC+ countries this week is expected to taper production cuts.
July 14, 2020
Singapore still enjoys bigger trade surplus despite export fall
SINGAPORE (Oct 18): While Singapore registered a decline in exports by 1.3% y-o-y for the month of September, Maybank Kim Eng is highlighting that the steeper 6.2% contraction in imports has led to “this year’s highest trade surplus” of more than
October 18, 2016
Crude tanker storage fleet off Singapore points to stubborn oil glut
SINGAPORE (May 19): Prices for oil futures have jumped by almost a quarter since April, lifted by severe supply disruptions caused by triggers such as Canadian wildfires, acts of sabotage in Nigeria, and civil war in Libya.
May 19, 2016