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Asia-Pacific’s largest physical jet fuel buyer China Aviation Oil (CAO) posted a net profit of US$50 million for the first half of its…
He now finds himself pleading with the beleaguered and vilified industry not to abandon the state. Source link
China’s coal imports fell for the fifth time in six months in July as Beijing leans more on domestic mining, while boosting oil and gas…
Malaysia’s commodities ministry said on Tuesday (Aug 5) that it would seek to boost the allocation for palm oil replanting to RM1.4…
Malaysia’s Petroliam Nasional Berhad is working with Bank of America to sell its 50 per cent stake in the Brazilian oil field Tartaruga…
Oil prices slipped in early Asian trade on Monday after Opec+ agreed to another large production hike in September. Brent crude futures…
Opec+ agreed on Sunday (Aug 3) to raise oil production by 547,000 barrels per day for September, the latest in a series of accelerated…
Oil prices US$2 a barrel on Friday (Aug 1) because of jitters about a possible increase in production by Opec and its allies, while a…
Shell’s second-quarter net profit tumbled by almost a third on Thursday (Jul 31), dragged down by a drop in oil prices, lower gas trading…
Asian stock markets dropped on Tuesday as investors grew concerned about the effects of a new U.S.-EU trade agreement. Although the deal…
Oil prices rose on Monday after the US reached a trade deal with the European Union and may extend a tariff pause with China, reducing…
Oil prices eased on Friday (Jul 25) and settled at a three-week low as traders worried about negative economic news from the US and China…
Future partnerships between both companies could be on the horizon, says Hiap Seng Industries Indonesian petrochemical producer Chandra…
Shares end Wednesday at multi-year high of S$0.021; future partnership between both companies could be on the horizon, says Hiap Seng CEO…
Oil prices rose US$1 on Thursday (Jul 16) after drones struck Iraqi Kurdistan oil fields for a fourth day, pointing to continued risk in…
Oil prices settled marginally lower on Wednesday as US fuel inventory builds and concerns about wider economic impact from US tariffs…
Oil prices rose over 2 per cent on Friday (Jul 11) as the International Energy Agency (IEA) said the market was tighter than it appears,…
The Organization of the Petroleum Exporting Countries (Opec) cut its global oil demand forecasts for the next four years on Thursday (Jul…
Organization of the Petroleum Exporting Countries (Opec) has excluded five of the world’s leading news organisations from covering its…
The following companies saw new developments that may affect trading of their securities on Tuesday (Jul 8): OCBC: The bank aims to extend…
US President Donald Trump’s trade war and larger-than-expected supply increases from Opec and its allies weighed on oil prices, while US…
Stocks in Asia fell on Monday. Japan's Nikkei slid 0.5%, Chinese blue chips dived 0.5%, and the MSCI Asia-Pacific index outside Japan lost…
China’s oil refiners are grappling with an oversupply of jet fuel, in yet another blow to the bottom line of a sector already dealing with…
The latest oil supply shockwave unleashed by Organization of the Petroleum Exporting Countries and its partners (Opec+) is set to swell a…
