Brent crude

Oil’s rally has rekindled talk of the possibility of US$100-a-barrel pricing

2022 should still represent a reasonably balanced market.

Oil prices will also benefit from increased fiscal spending by a unified Democrat government in the US.

All three companies, which had benefited immensely from operating in the O&M industry, will be doing so less going forward.

SINGAPORE (June 23): As countries around the world are reopening their economies, despite the lack of a vaccine for the novel coronavirus (Covid-19), gold and crude oil prices could see contrasting movements.

SINGAPORE (April 9): Burning more fossil fuel hurts the environment, but with crude oil prices staying way below the historical peak, the lure of basic economics has stymied the pace in which renewable energy is used as an alternative.

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.

SINGAPORE (March 13): Crude oil prices have already taken a blow since the start of 2020. The out­break of the novel coronavirus or Cov­id-19 did not only infect more than 119,000 and kill more than 4,000, but also impeded economic activity. This led to

Despite an uptick in crude oil prices in 2019, a recovery in oil exploration and production activity was somewhat limited. This inevitably prolonged the downturn in the oil services industry, which has seen a glut of rigs and offshore

SINGAPORE (Dec 20): Saudi Arabian Oil Co (Saudi Aramco), the kingdom’s national oil corporation (NOC) and world’s biggest oil producer, had a positive debut on the Tadawul exchange. Its shares have gone up 19% from its IPO price of SAR32, closing at S