Business
Oil falls slightly ahead of expected Opec+ output increase
Oil futures slipped slightly in thin holiday trading on Friday (Jul 4), as the market looked ahead to this weekend’s Opec+ meeting and the…
Tag
Oil
Business
Oil Prices Fall as Tariff Uncertainty and OPEC+ Output Plans Shake Market
Oil prices fell on Thursday after rising 3% on Wednesday. Brent crude lost 45 cents, or 0.65%, to $68.66 a barrel, and U.S. West Texas…
News
2 Crew Members Charged Over Fatal Oil Tanker Collision Near Singapore's Pedra Branca That Left One Dead
Two crew members on an oil tanker registered in Singapore have been charged in connection with a collision that left one man on the other…
Unsorted
Oil steadies after report of planned Opec+ August output hike
Oil prices edged up slightly on Friday (Jun 27), recovering from a midday drop into negative territory following a report that Opec+ was…
Unsorted
India oil law revamp unlikely to draw foreign drillers amid red tape and weak incentives
India’s first rewrite of its 77-year-old oilfield rules kicked in on Apr 15, with New Delhi hoping it’ll help turn around a decade of…
Business
Shell says it isn’t in talks to take over oil rival BP
Speculation has been growing that the embattled company would become a takeover target Shell denied a Wall Street Journal report that it…
Business
Asia: Stocks rally as Iran-Israel ceasefire holds, oil claws back some losses
Most equities extended a global rally on Wednesday (Jun 25) after Iran and Israel agreed to a ceasefire that ended more than a week of…
Unsorted
Oil trades on fear, not just barrels, as geopolitics and prediction markets take hold
When even Goldman Sachs is tracking crypto-based prediction platform Polymarket to get a read on the risks facing oil markets, you know…
News
Oil prices drop 6% as Israel-Iran ceasefire reduces Middle East supply risk
Oil prices fell 6 per cent on Tuesday (Jun 24) to settle at a two-week low, on expectations the ceasefire between Israel and Iran will…
Business
Global Markets Jump, Oil Drops 3.4% as Trump Claims Israel-Iran Ceasefire
US President Donald Trump announced a ceasefire between Iran and Israel through a social media post, though Iran and Israel continued…
Business
Global Markets Open Cautiously as Oil Surges After US Strikes Iran's Nuclear Sites
Stocks around the world began the week cautiously after rising tensions in the Middle East prompted concerns about oil supply and…
Business
Looming Hormuz blockade threatens Asia’s energy lifeline, unsettling oil market
Oil and liquified natural gas (LNG) buyers in Asia have been unsettled by the Iranian parliament greenlighting a plan to close the Strait…
Business
Possible Hormuz blockade threatens Asia’s energy lifeline, unsettling oil market
Oil and liquified natural gas (LNG) buyers in Asia have been unsettled by the Iranian parliament greenlighting a plan to close the Strait…
Business
Asia: Market trade lower; oil prices spike after US strikes on Iran
Oil prices surged and Asian markets traded lower on Monday on concerns of disruption to energy markets after US air strikes on Iran’s…
Business
Asia-Pacific markets fall after US strikes on Iran; oil prices surge, dollar strengthens
Asia-Pacific markets fell sharply in early trade on Monday morning, as oil prices surged and the US dollar reacted, after US strikes…
Business
Asia-Pacific markets fall after US strikes on Iran; oil prices surge, greenback strengthens
Asia-Pacific markets declined in early trade on Monday (Jun 23) morning, as oil prices surged and the greenback reacted, after the US…
Business
Singapore, Asia-Pacific markets fall after US strikes on Iran; oil prices surge, dollar strengthens
Asia-Pacific markets declined in early trade on Monday (Jun 23) morning, as oil prices surged and the greenback reacted, after the US…
Business
Singapore, Asia-Pacific markets pare losses after US strikes on Iran; oil prices give back some gains
Asia-Pacific markets recovered some losses while oil prices gave back some gains by Monday (Jun 23) afternoon,following declines in the…
Business
Oil prices surge more than 4% in early Asian trade
Oil prices surged in early trade on Monday, after the United States joined Israel’s campaign against Tehran’s atomic programme by bombing…
Unsorted
Iran Votes to Close Strait of Hormuz that Could Put One-Fifth of World's Oil Supply at Risk and Trigger Sharp Rise in Global Crude Prices
Iran's parliament has voted to close down the Strait of Hormuz, a crucial maritime route that handles around 20 percent of the world's…
Business
Investors brace for oil price spike, rush to havens after US bombs Iran nuclear sites
A U.S. attack on Iranian nuclear sites could lead to a knee-jerk reaction in global markets when they reopen, sending oil prices higher…
Business
Asia: Stocks drop after Fed warning, oil dips with Middle East in focus
Asian stocks fell on Thursday after the Federal Reserve warned Donald Trump’s trade war would likely reignite US inflation and dampen…
Lifestyle
Inside Wilmar’s graft probe: How a cooking oil crisis led to a multitrillion rupiah corruption scandal
Indonesian authorities in late May seized 11.8 trillion rupiah (S$928 million) from global palm oil company Wilmar as part of an ongoing…
Business
Defence, oil and other names: Analysts look at ways to invest amid Israel-Iran conflict
Recent attacks between Israel and Iran have caused investors to mull over where to place their bets next, especially with defence names…