Pertamina to intensify exploration in Indonesia’s east amid higher oil, gas output targets
INDONESIA’S state energy company Pertamina wants to intensify its exploration efforts in the country’s eastern regions, a senior official said ...
Tag: Oil
Oil rises more than US$1/barrel as Opec+ mulls extending output cuts
OIL prices rose more than US$1 a barrel on Tuesday as sources said Opec+ is considering extending voluntary oil output cuts into the ...
Oil gains over US$1 on possible shipping disruptions
OIL prices gained on Monday as European diesel demand, constrained by Russian sanctions and shipping disruptions, pulled prices higher in a ...
Oil extends losses in early Asian trade
OIL prices fell in early Asian trading on Monday, extending losses from the previous session after oil ended the week 2-3 per cent ...
Crude palm oil sees tug of war between bull and bears
THE prices of the benchmark active Malaysian crude palm oil futures contract remained ensnared in a tight range throughout the ...
Oil ends lower, posts weekly decline as US rate cut hopes dim
OIL prices fell nearly 3 per cent lower on Friday (Feb 23) and posted a weekly decline after a US ...
Oil settles higher as pressure mounts in the Middle East
OIL futures settled higher on Thursday as hostilities continued in the Red Sea with Iran-aligned Houthis stepping up attacks near Yemen, ...
Oil rises 1% on signs of tightening supplies
OIL prices rose 1 per cent on Wednesday as geopolitical tensions raged on in the Middle East and traders assessed signs ...
Oil settles lower, demand worries offset geopolitical price support
OIL prices settled lower on Tuesday, with worries about global demand offsetting price support from the Israel-Hamas conflict. Brent futures settled ...
Oil gains marginally as demand jitters counter Middle East conflict
BRENT crude oil prices settled slightly higher in an abbreviated session on Monday, as lingering supply concerns from tensions in the Middle ...
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