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Oil settles up more than 2% as Russian port suspends oil exports after Ukrainian attack
Oil prices settled more than 2 per cent higher on Friday (Nov 14) as Russia’s port of Novorossiisk halted oil exports following a…
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Oil
Business
Oil gains almost 2% as Russian port suspends oil exports after Ukrainian attack
Oil prices climbed nearly 2 per cent on Friday (Nov 14), boosted by supply fears after the Black Sea port of Novorossiisk halted oil…
Unsorted
Lukoil’s oil trading business sheds staff in Singapore, Geneva and Dubai as sanctions near
The oil trading business of Russia’s Lukoil PJSC began shedding staff all over the world – with just days to go until sanctions on the…
Business
Golden Agri-Resources Q3 profit rises 17% to US$124 million on higher output and palm oil prices
Palm oil producer Golden Agri-Resources (GAR) posted a 17 per cent quarter-on-quarter rise in net profit for the third quarter ended Sep…
Business
China’s US$470 billion oil and gas splurge is just the start
The Asian nation still consumes far more than it produces, and that is unlikely to change any time soon Some 20 kilometres out from the…
Business
China Aviation Oil jumps over 4% on talks of potential merger between parent CNAF and mega refiner Sinopec
Shares of China Aviation Oil (CAO) surged by more than 4 per cent on Tuesday (Nov 4) morning following word of a merger between Sinopec,…
Business
China Aviation Oil shares seesaw on talks of potential merger between parent CNAF and mega refiner Sinopec
Shares of China Aviation Oil (CAO) ended lower despite surging as much as 4.5 per cent on Tuesday (Nov 4) following word of a merger…
Business
Stocks to watch: Keppel, Wee Hur, NetLink NBN Trust, Elite UK Reit, China Aviation Oil
The following companies saw new developments that may affect trading of their securities on Tuesday (Nov 4): Source link
Business
Shell profit beats estimates as oil and gas trading recovers
The company keeps quarterly US$3.5 billion buybacks, supported by robust operating cash flow Shell’s profit was better than expected in…
Business
DBS re-initiates China Aviation Oil coverage with ‘buy’ call; shares rise 7.6%
Its trading profitability is expected to rise, while arbitrage opportunities are set to persist Shares of China Aviation Oil (CAO) surged…
Business
DBS restarts China Aviation Oil coverage with ‘buy’ call; shares rise 7.6%
Its trading profitability is expected to rise, while arbitrage opportunities are set to persist Shares of China Aviation Oil (CAO) surged…
Business
DBS restarts China Aviation Oil coverage with ‘buy’ call; shares rise 9.1%
Its trading profitability is expected to rise, while arbitrage opportunities are set to persist Shares of China Aviation Oil (CAO) surged…
Business
DBS restarts China Aviation Oil coverage with ‘buy’ call; shares rise 12.9%
Its trading profitability is expected to rise, while arbitrage opportunities are set to persist Shares of China Aviation Oil (CAO) surged…
News
Brazilian authorities say they addressed housing shortage for climate talks, defend oil drilling
SAO PAULO (AP) — Brazilian authorities said Friday they have made progress in solving the housing shortage for attendees of the upcoming…
Lifestyle
Port fees, cooking oil purchases, Nexperia export ban: How China trade tensions are ramping up
Maybank says prediction markets are suggesting that a Trump-Xi meeting is ‘78% likely’ before the end of October Just as Asian markets…
Unsorted
Oil settles higher as US, China try to de-escalate trade tensions
The Organization of the Petroleum Exporting Countries has kept its relatively high global oil demand growth forecasts unchanged for this…
News
Eight Indonesians Charged in Singapore Over Suspected Illegal Marine Gas Oil Deals
Eight men have been arrested and charged over their alleged involvement in the illegal sale of marine gas oil (MGO). The men, who are all…
News
8 Men Arrested Over Illegal Marine Gas Oil Deal in Singapore
Eight men were arrested on Friday, October 10, after they were allegedly involved in the illicit sale of marine gas oil. During a routine…
News
Oil settles 1.6% lower after Gaza ceasefire
Opec+ has agreed on Sunday to a November output hike that was smaller than market expectations, easing oversupply concerns Oil prices…
Business
Oil settles flat amid Opec+ output hike, supply glut fears
Oil prices steadied on Tuesday (Oct 7) as investors weighed a smaller-than-expected increase to the Organization of the Petroleum…
News
Who Is Serhat Gumrukcu? California Biotech Tycoon Found Guilty in Murder-for-Hire Plot of Dad of Six Over Failed Oil Deal
A biotech tycoon from California has been found guilty of masterminding a murder-for-hire plot targeting his former business partner — a…
Business
First Resources sells Indonesia units, exits oil palm plantation business in West Papua
The units are former subsidiaries of an Indonesia-listed company under First Resources Palm oil producer First Resources has disposed of…
Unsorted
Oil falls 2% to four-month lows on oversupply concerns
Oil prices settled down about 2 per cent at the lowest in four months on Thursday (Oct 2), extending a run of declines into a fourth day,…
Business
Oil slumps to 16-week low on US shutdown and possible Opec+ plans
Oil prices slid for a third day in a row to a 16-week low on Wednesday (Oct 1) as a US government shutdown fed worries about the global…