Business
Oil falls 2% on looming supply glut, hopes of Ukraine peace deal
Oil prices settled more than 2 per cent lower on Friday (Dec 26) as investors weighed a looming global supply glut, while also keeping an…
Tag
supply
Business
Copper hits record in China, jumps in New York on supply concern
COPPER surged to a record in Shanghai and rallied in New York, adding to substantial annual gains as investors bet on tighter global…
Business
Oil rises as market weighs Venezuela supply risks
Brent and WTI prices are on track to drop about 16% and 18%, respectively, this year Oil prices climbed on Friday (Dec 26) after the US…
Business
Malaysia's Petronas signs LNG supply deal with China's CNOOC
Malaysian state-owned energy firm Petroliam Nasional said on Wednesday (Dec 24) it would supply Chinese offshore oil and gas company CNOOC…
Business
Oil up as market weighs strong US economic growth, supply risks
Oil prices settled higher on Tuesday as investors assessed stronger-than-expected US economic growth and the risk of disruptions to oil…
Business
Oil prices settle slightly higher as market assesses mounting supply risks
Oil prices settled marginally higher on Thursday as investors assessed the likelihood of further US sanctions against Russia and the…
Unsorted
Oil settles near five-year low amid ample supply, Russia-Ukraine progress
Oil futures settled at their lowest level since February 2021 on Tuesday amid ongoing jitters surrounding oversupply and as the prospect…
Business
Oil prices fall as supply outlook offsets disruptions in Venezuelan flows
Oil prices slid on Monday as investors balanced disruptions linked to escalating US-Venezuelan tensions with oversupply concerns and the…
Business
Indonesia’s tin exports surge as supply concerns dissipate
The global market for mined tin will swing to a surplus next year thanks to rising mine supplies, according to Mysteel INDONESIA’S exports…
Unsorted
The world needs a lot more copper. But will there be enough supply?
The market has been hit by a slew of mine outages this year, from Chile to Indonesia COPPER is one of the world’s most ubiquitous metals,…
Business
Shell resumes Indonesian sales after restrictions curbed supply
Shell has resumed petrol sales at its retail stations in Indonesia after import restrictions curbed supply and left its outlets…
Business
Oil climbs to 2-week high on Fed rate-cut signals, supply concerns
Oil prices edged up nearly 1 per cent to a two-week high on Friday (Dec 5) on increasing expectations the US Federal Reserve will cut…
Business
Micron to exit consumer memory business amid global supply shortage
Memory chipmaker Micron Technology said on Wednesday (Dec 3) that it will exit its consumer business, as it doubles down on advanced…
Business
Silver hits fresh record after trading outage, supply tightness
Its most recent surge has been supported by renewed concerns of tightness in the global market Silver jumped to a record, reinforcing a…
Business
Silver jumps to record high on supply tightness, rate-cut hopes
Markets are fully pricing in a quarter-point rate cut on continued weakness in the American labour market and a series of dovish comments…
Business
Dutch chipmaker Nexperia urges Chinese units to help restore supply chain
DUTCH chipmaker Nexperia, whose supply chain was broken up when the Dutch government took over the company in September, urged its Chinese…
Business
Oil up as investors await clarity on supply, Russia-Ukraine deal
Oil prices edged up on Wednesday ahead of the US Thanksgiving holiday, as US investors assessed prospects of oversupply and talks over a…
Business
Shell and Ferrari sign long-term green power supply deal
Power purchase agreements are rising in Italy as manufacturers lock in energy costs and secure green power Shell has signed a long-term…
Business
China's Unipec agrees to jet fuel term supply deal with Lufthansa
China’s state oil trader Unipec, a vehicle of refining giant Sinopec Corp, has signed a term deal to supply about 60,000 metric tons of…
Business
Three companies picked to supply methanol at Singapore port in drive to be sustainable bunkering hub
Global Energy Trading, Golden Island and PetroChina issued licences to supply methanol as marine fuel The Maritime and Port Authority of…
Business
Singapore GasCo to seek LNG offers in Q1 2026 for supply from 2028
Singapore’s new state gas buyer GasCo will seek offers in the first quarter for liquefied natural gas term supply for delivery from 2028…
Unsorted
Nissan to cut more output at Kyushu plant on chip supply troubles
Japan’s Nissan will cut production by another 1,400 vehicles at its Kyushu plant next week, as the fallout from chip supply disruptions…
Unsorted
Oil prices fall on Opec 2026 supply outlook
Oil prices fell more than US$2 a barrel on Wednesday, weighed down by an Opec report saying global oil supply will match demand in 2026,…
Business
Oil settles higher as tight fuel markets offset crude supply concerns
Oil prices settled higher on Monday as analysts focused on potential fuel supply disruptions from fresh US sanctions and Ukrainian drone…