crude oil

 Petroliam Nasional Berhad (Petronas)

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.

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.

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

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.

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.

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.
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