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OPEC+
Oil & Gas
How OPEC+ saw its hold on global oil markets fray despite extra production cuts
'The market seems little convinced about the petro-nations'
December 08, 2023
Commodities
DBS, OCBC maintains oil forecast of above US$85/bbl and US$90/bbl respectively with upside bias following Gaza conflict
Unless the conflict reaches a much bigger scale involving multiple parties, DBS believes US$100/bbl levels are unsustainable.
October 10, 2023
Oil & Gas
OPEC+ may push up oil price, but China most important, IEA Says
60% of the growth expected this year in global oil demand is set to come from China, says IEA's Fatih Birol.
June 07, 2023
Oil & Gas
Saudi Arabia goes it alone at OPEC+ with million-barrel cut
The main winner from the weekend’s OPEC+ talks was the UAE, which gets a boost to its production limit for next year.
June 05, 2023
Oil & Gas
OPEC+ makes surprise 1 million-barrel oil production cut
The move adds up to a production cut of about 1.1 million barrels a day starting next month, which is a significant reduction.
April 02, 2023
Oil & Gas
OPEC+ agrees to keep oil production unchanged
The volatility has been driven by European Union sanctions on crude exports from OPEC+ member Russia
December 04, 2022
Oil & Gas
Oil extends rally as OPEC cuts output, Russia mulls reduction
Oil prices are up again following OPEC+ largest supply cut since 2020.
October 06, 2022
Oil & Gas
OPEC+ agrees on 2 million-barrel-a-day cut to output limit
It’s the biggest reduction by the Organization of Petroleum Exporting Countries and its allies since 2020
October 05, 2022
Oil & Gas
OPEC+ will consider output cut of more than 1 mil barrels
The 23-nation alliance is scheduled to meet on Wednesday at its headquarters in Vienna.
October 02, 2022
Fintech
22-year-old triples $100,000 principal in nine days, wins Phillip Nova challenge
The final-year undergraduate at the Singapore Management University won a $1,000 cash prize.
September 27, 2022