Oil
Oil prices extend losses on fears global trade war could slow economy
[TOKYO] Oil prices fell more than 3 per cent on Monday, extending losses from the previous week, on growing concerns that a global trade war could slow the global...
Oil price in freefall reorders global energy landscape
The plunge in oil prices following the twin shocks of President Donald Trump’s tariffs and the surprise boost in production from the Organization of the Petroleum Exporting Countries and...
Opec+ stuns oil market with policy shift to drive down price
[NEW YORK] For most of this decade, the Organization of the Petroleum Exporting Countries and its allies (Opec+) has been the world’s most stalwart defender of high oil prices....
Oil dives 7% to lowest in over three years on China’s tariffs
[HOUSTON] Oil prices plunged 7 per cent on Friday (Apr 4) to settle at their lowest in over three years as China ramped up tariffs on US goods, escalating...
ExxonMobil signals higher oil, gas prices will help boost Q1 profit
EXXONMOBIL signalled on Thursday that higher crude oil and natural gas prices as well as stronger oil refining margins will help lift its first-quarter earnings by about US$900 million...
Oil prices fall into negative territory as Trump announces new tariffs
[NEW YORK] Oil prices fell to negative territory after rising by a US dollar in post-settlement trade on Wednesday (Apr 2) as US President Donald Trump announced reciprocal tariffs...
Malaysia’s palm oil giant FGV expects higher profit margins in 2025
MALAYSIAN palm oil planter FGV Holdings said on Friday (Feb 28) it expected higher profit margins in 2025, boosted by improved productivity from its estates and elevated palm prices...
Oil climbs more than 2% after Trump cancels Chevron’s Venezuela licence
OIL prices rose more than 2 per cent on Thursday (Feb 27) as supply concerns resurfaced after US President Donald Trump revoked a licence granted to US oil major...
