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crude oil
Malaysia
Petronas to cut crude output by 20,000 barrels per day starting Jan 2017
SINGAPORE (Dec 21): Petroliam Nasional Berhad (Petronas) on Wednesday announced that it will make a voluntary adjustment to Malaysia’s crude oil production from January 2017.
December 21, 2016
Broker's Calls
Will OPEC cut boost the value of both Sembcorp stocks?
SINGAPORE (Dec 5): DBS Vickers Securities is reiterating its “buy” call on Sembcorp Industries (SCI) with a higher target price of $3.10 from $2.90 previously.
December 05, 2016
Investing strategies
O&G sector remains a trading play at best for now: UOB
SINGAPORE (Dec 2): UOB Kay Hian has upgraded its rating on Singapore’s oil and gas (O&G) sector to “market weight” for both its offshore marine and shipyard segments, following the Organization of the Petroleum Exporting Countries’ (OPEC) announce
December 02, 2016
Crude Oil
OPEC deadlocked as Iran, Saudis harden positions on oil deal
DUBAI/MOSCOW/LONDON (Nov 30): An OPEC deal to curtail oil production and prop up global prices appeared in jeopardy as Iran said it won’t make cuts while Saudi Arabia insisted Tehran must be willing to play a meaningful role in any agreement.
November 30, 2016
AusGroup gets over 98% vote from noteholders for debt restructuring
SINGAPORE (Oct 6): AusGroup said on Thursday that its noteholders voted in favour of restructuring the group’s debt under its medium term note programme.
October 06, 2016
Watch out for the growing bubble in 4Q
SINGAPORE (Oct 4): DBS warns investors that the recent rallies among risk assets like equities, commodities, bonds and currencies shows they are trapped in an expanding bubble.
October 04, 2016