Oil

Asia: Equities tumble, oil extends gains on Middle East worries
Asia: Equities tumble, oil extends gains on Middle East worries
ASIAN stocks tumbled on Friday (Apr 5) and oil extended the previous day’s surge on worries that Israel’s war with Hamas could widen to a regional conflict with Iran...
ExxonMobil signals weaker oil and gas prices to hit first-quarter profit
ExxonMobil signals weaker oil and gas prices to hit first-quarter profit
EXXONMOBIL on Wednesday (Apr 3) signalled first-quarter operating results would drop over the prior quarter on weaker oil, gas prices and a big loss in fuel derivatives, a securities...
Oil settles at five-month high; gains capped by jump in US crude stocks
Oil settles at five-month high; gains capped by jump in US crude stocks
OIL prices settled at their highest levels since late October on Wednesday (Apr 3) as investors worried about supply disruptions from a worsening geopolitical landscape, although a jump in...
Opec+ ministers keep oil output policy steady: sources
Opec+ ministers keep oil output policy steady: sources
A MEETING of the top ministers of Opec+ has kept oil output policy unchanged, three Opec+ sources said, as oil prices hit their highest in five months. A ministerial committee...
Opec+ ministers keep oil output policy steady: sources
Opec+ ministers keep oil output policy steady
A MEETING of the top ministers of Opec+ has kept oil output policy unchanged and pressed some countries to boost compliance with output cuts, a decision that spurred international...
Oil settles up on supply threats, hits 2024 highs during session
Oil settles up on supply threats, hits 2024 highs during session
OIL prices settled higher on Tuesday (Apr 2) after a session in which Ukrainian attacks on Russian energy facilities and escalating conflict in the Middle East pushed the Brent...
Commodities: the asset class to watch amid looming rate cuts, macroeconomic uncertainty
Commodities: the asset class to watch amid looming rate cuts, macroeconomic uncertainty
COMMODITIES have typically been used by investors to help diversify their portfolios and as a buffer against macroeconomic shocks, but market watchers polled by The Business Times say investors...
US oil suppliers muscling into Opec+ markets around the world
US oil suppliers muscling into Opec+ markets around the world
ONE major beneficiary of sanctions on Russian and Venezuelan oil? US suppliers who have muscled their way into markets once dominated by the Organization of the Petroleum Exporting Countries...
More than 20% of global oil refining capacity at risk: analysis
More than 20% of global oil refining capacity at risk: analysis
MORE than a fifth of global oil refining capacity is at risk of closure, energy consultancy Wood Mackenzie found in analysis published on Thursday (Mar 28), as petrol margins...
Oil giants plan to bury massive amounts of CO2 in South-east Asia
Oil giants plan to bury massive amounts of CO2 in South-east Asia
JUST as they first ventured to do over a century ago, the world’s largest oil companies are staking claims far from home – this time to swallow, rather than...