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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'
DBS, OCBC maintains oil forecast of above US$85/bbl and US$90/bbl respectively with upside bias following Gaza conflict - THE EDGE SINGAPORE

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.

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.
Saudi Arabia goes it alone at OPEC+ with million-barrel cut - THE EDGE SINGAPORE

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.
OPEC+ makes surprise 1 million-barrel oil production cut - THE EDGE SINGAPORE

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.

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

Oil & Gas

Oil extends rally as OPEC cuts output, Russia mulls reduction

Oil prices are up again following OPEC+ largest supply cut since 2020.

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

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.
22-year-old triples $100,000 principal in nine days, wins Phillip Nova challenge - THE EDGE SINGAPORE

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.
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