Oil settles down 2% on receding hurricane risk, lacklustre China stimulus
OIL prices settled more than 2 per cent lower on Friday (Nov 8) as traders grew less fearful of prolonged ...
Tag: Oil
Indonesia confident palm oil production can be increased to meet biofuel demand
INDONESIA’S chief economic minister said on Thursday (Nov 7) that he is confident palm oil production can be increased in ...
Aramco cuts oil prices to Asia for December after Opec+ delay
SAUDI Arabia lowered oil prices for buyers in Asia for December after members of the Opec+, which includes the Organization ...
Oil rises as Opec+ delays output hike and Iran steps up rhetoric
OIL advanced after Opec+ agreed to push back its December production increase by one-month and tensions again escalated in the ...
Oil prices jump over 1% on delayed Opec+ output hike
OIL prices rose by more than US$1 in early trading on Monday (Nov 4) after Opec+ said on Sunday it ...
How one of the tiniest oil markets cost Trafigura over US$1 billion
Trafigura Group is a giant of commodity trading. On any given day, it handles enough oil to supply the entire needs ...
How one of the tiniest oil markets cost Singapore-based Trafigura over US$1 billion
Trafigura Group is a giant of commodity trading. On any given day, it handles enough oil to supply the entire needs ...
Oil prices settle up slightly on Iran worries, but prices down for week
OIL prices edged up on Friday (Nov 1) on reports Iran was preparing a retaliatory strike on Israel from Iraq ...
TotalEnergies’ profit drops more than expected as oil prices fall
TOTALENERGIES reported a bigger-than-expected drop in profit for the third quarter as refining margins and oil prices fell. Following a period ...
Oil rises on US stockpiles drawdown, Opec+ mulls output hike delay
Oil prices rebounded on Wednesday (Oct 30), rising more than 2 per cent after data showed US crude and gasoline ...
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