oil prices

SINGAPORE (Jan 16): OCBC Investment Research has upgraded its call on Ezion Holdings from “hold” to “buy” with a fair value estimate of 54 cents.

SINGAPORE (Jan 5): UOB Kay Hian is maintaining its “buy” call on China Aviation Oil (CAO) with a higher target price of $2.01 from $1.90 previously, raising its 2016 earnings estimates for CAO by 7.5% as it notes the oil market is now in contango and

SINGAPORE (Dec 19): 2017 is to remain a challenging for year oil services & equipment providers even with the gradual recovery of oil prices, says DBS Vickers Securities, which has rated the sector as “underweight” in its Market Focus 2017 Outlook rep

SINGAPORE (Dec 19): While oil market prospects may be improving after OPEC’s move to initiate production cuts, DBS Vickers Securities is taking a “neutral” stance on Singapore’s offshore and marine (O&M)/China yards.

SINGAPORE (Dec 5): CIMB is upgrading the offshore and marine sector to “neutral” as it forecasts higher crude oil prices of between US$45 and US$60 per barrel.

WASHINGTON (Nov 23): President-elect Donald Trump promises that his sweeping changes to energy policy will create “many millions” of American jobs. Finding all those workers may be the challenge.

SINGAPORE (Nov 1): The plunge in oil prices has reversed the fortunes of many players in the offshore and marine industry, ranging from rig builders and shipyards to services and support providers. But with oil prices beginning to recover, KGI analyst Joe

Oil prices have been on the rise since Sept 28, when the Organization of the Petroleum Exporting Countries unexpectedly committed itself to reducing its oil production. After more than four hours of negotiations, the 14-member cartel ended its meeting in

SINGAPORE (Oct 6): Rising oil prices may have arrived at just the right time for investors in Singapore's real-estate investment trusts, which are about to start feeling the pain that the commodity slump has inflicted on the city-state's economy.

SINGAPORE (Sept 5): Rex International Holdings says the group’s operations remain a going concern, even as its share price has fallen 47% year to date, hit by falling oil prices, the news of Swiber’s bankruptcy, and the debt woes of other oil and gas