oil industry

Investors may find a hidden gem on the SGX in Megachem, a chemicals company that has been doing well in the pandemic.

Hin Leong Trading triggered one of the biggest scandals in the oil industry this century.

As the Covid-19 pandemic continues to bring about lockdowns and destroy demand for transportation fuel, analysts believe that oil prices are likely to remain under pressure for the rest of 1HFY2020.

Global uncertainty has led to a rally in gold prices, but growing dollar funding stress could bring it down again.

With Hin Leong owing $3.85 billion to 23 banks, a deal with Sinopec could help rebalance the firm's balance sheets.

ut the issue is even more pressing because global tank capacity, mostly concentrated in a few hubs like Rotterdam, the Caribbean and Singapore, isn’t available to every producer.

“Closing operations for two weeks will have dire consequences on the industry and the livelihoods of our 650,000 smallholders,” said Nageeb Wahab, chief executive of the Malaysian Palm Oil Association.

Russia’s falling out with the Organization of Petroleum Exporting Countries, at a time when a global coronavirus pandemic is wreaking havoc with the global economy, could still lay the ground for a historic shift.

With airlines cutting the number of flights daily and a growing number of European countries in lock-down, oil markets are heading for an unprecedented glut.

Most listed shale plays are down 80 to 90% from their recent highs. So what's next?