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Oil & Gas
Saudi Arabia cuts oil prices to Asia as market weakness persists
Global crude prices declined in 2023 for the first time since 2020.
January 07, 2024
Global Economy
Briefs: Investors see more Fed rate hikes and no cuts till 2024; oil demand growth to slow dramatically as peak nears
In other news: China faces millionaire exodus as economy slows
June 18, 2023
Oil & Gas
Oil demand growth to slow dramatically as peak nears: IEA
The use of gasoline — the second-biggest oil product — will go into decline from 2023.
June 14, 2023
Oil & Gas
Oil slumps most in a month as inventory growth worries traders
“Oil prices seem to be finding its footing,” says Yeap Jun Rong, a market strategist at IG Asia Pte in Singapore.
February 01, 2023
Oil & Gas
Biden open to new SPR sales as last planned tranche released
The Biden administration plans to release 15 million barrels from US emergency reserves, and may consider more this winter.
October 19, 2022
Broker's Calls
Stick with S-REITs in growth sectors amid inflation and high oil prices: DBS
The brokerage has also added MLT to its top eight picks as the warehouse sector is the least likely to be affected by rising costs
March 21, 2022
Global Economy
Briefs: Oil’s wild week continues as prices recover after huge slump
In other news, here are six things to know about South Korea's new president.
March 10, 2022
Broker's Calls
Rex International gets a 'buy' following 'record-breaking' profits for FY2021
UOBKayHian is maintaining its “buy” call on Rex International, at a revised target price of 58 cents.
March 08, 2022
Oil & Gas
Brent oil steadies as tension builds before OPEC+ talks resume
Brent oil steadied near US$76 a barrel ahead of another round of critical OPEC+ discussions.
July 05, 2021
Oil & Gas
Oil holds biggest advance in three weeks on demand optimism
Futures in New York traded near US$54 ($71.87) a barrel after rising 2.6% on Feb 1.
February 02, 2021