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West Texas Intermediate (WTI)
Oil & Gas
US to sell 26 mil more barrels from strategic oil reserve
The congressionally mandated sale will amount to 26 million barrels of crude, according to people familiar with the matter.
February 14, 2023
Oil & Gas
Oil set for fourth weekly loss with rate hikes darkening outlook
West Texas Intermediate futures edged higher toward US$84 ($119.17) a barrel, but are still down more than 1% for the week.
September 23, 2022
Oil & Gas
Crude oil fluctuates as traders monitor G-7, recession concerns
Oil is heading for its first monthly decline since November on escalating fears about a global slowdown.
June 27, 2022
Broker's Calls
UOB Kay Hian upgrades CSE Global to 'buy' on rising oil prices, attractive yield
UOB Kay Hian expects CSE to maintain FY21 DPS at 2.75 cents, translating to an "above average" yield of 5.1%.
April 09, 2021
Broker's Calls
Crude demand rallies as markets slowly reopen
Economic reopening has oil markets bullish despite growing US-China tensions, but optimism may be dampened if OPEC+ decides not to roll over higher production cuts.
June 04, 2020
Crude Oil
OPEC to keep oil flowing as price recovers
VIENNA (June 3): OPEC was expected Thursday to keep the oil gushing as a modest recovery in the crude price eases pressure on a cartel riven by Iranian-Saudi rivalry to cut output.
June 02, 2016
Crude Oil
Oil extends gains, US crude at six-month top on supply concerns
TOKYO (May 17): Oil futures rose for a second straight session on Tuesday, with US crude hitting a six-month high, as the market focused on supply disruptions that prompted long-time bear Goldman Sachs to issue a bullish assessment on near-term prices.
May 17, 2016
Crude Oil
Oil at fresh 2016 highs on hopes of supply glut easing
SINGAPORE (May 16): Oil rose to fresh 2016 highs in Asia Monday as a slowdown in US drilling and increase in Chinese crude refinery processing bolstered hopes a supply glut would ease sooner than expected.
May 16, 2016