Oil
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 lower amid market concerns that higher-than-expected inflation could delay...
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 week starting Feb 19, weighed down by a medley...
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 central bank policymaker indicated interest rate cuts could be...
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, but a large build in US crude inventories weighed...
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 of near-term supply tightness. US West Texas Intermediate crude...
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 down US$1.22, or 1.5 per cent, to US$82.34 a...
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 East were offset by signs of weakening demand. Oil markets’...
Oil down in thin trade as US gears up for Presidents’ Day
OIL prices edged down on Monday morning as markets digested comments from US Federal Reserve officials pointing to a more patient stance regarding potential interest rate cuts, in thin...
