Tag

oversupply

Oil prices closed lower on Friday (Dec 12), marking a 4 per cent weekly decline as a supply glut and a potential Russia-Ukraine peace deal…

Oil prices gained about US$1 on Tuesday on the impact of the latest US sanctions on Russian oil and the optimism over a potential end to…

Oil prices settled lower on Tuesday as weaker manufacturing numbers and a stronger dollar weighed on demand, while the Opec+ decision to…

Electricity prices in Thailand have long been a political and economic flashpoint, with frequent allegations of corruption and favoritism…

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,…

Oil prices slid on Thursday, settling about 2 per cent lower as concerns over possible softening of US demand and broad oversupply offset…

Oil prices settled higher on Wednesday by more than US$1 a barrel as investors worried about possible supply disruptions after Poland…

Oil prices fell to their lowest levels in a week on Monday after Opec+ agreed to another large output increase in September, adding to…

OIL prices fell on Thursday (Dec 19) after central bankers in the US and Europe signalled caution over further easing of monetary policy,…