Oil
Oil surge puts Singapore on alert as Strait of Hormuz risk grows
[SINGAPORE] Oil’s latest rally may have little immediate impact on Singapore, but analysts warn that an escalation in Middle East tensions – particularly a blockade of the highly strategic...
Abu Dhabi state oil firm makes US$18.7 billion bid for Australia’s Santos
[SYDNEY] Abu Dhabi’s state-owned oil company is leading a takeover bid for Australian energy group Santos, valuing it at US$18.7 billion, the two firms said on Monday (Jun 16).Santos’...
Malaysia’s oil giant Petronas looks abroad to help cut production costs
[KUALA LUMPUR] Petroliam Nasional (Petronas), Malaysia’s state-owned oil and gas company, is looking to expand output from more affordable assets abroad in an effort to cut production costs and...
Some SGX-listed energy stocks surge as oil prices rally on Israel-Iran conflict
[SINGAPORE] Shares of oil and gas companies listed on the Singapore Exchange (SGX) such as Rex International and RH PetroGas rose by more than 6 per cent at the...
SGX-listed energy stocks surge, regional names mixed, as oil prices rally on Israel-Iran conflict
[SINGAPORE] Several energy counters in Asia jumped in early trade on Monday (Jun 16), on the back of global crude oil prices surging amid the escalating conflict in the...
Oil prices climb as Israel-Iran conflict heightens supply disruption fears
[TOKYO] Oil prices climbed in early Asian trade on Monday after Israel and Iran launched fresh attacks on Sunday, heightening fears that escalating battle could trigger a broader regional...
Oil market, long numb to war risk, confronts weekend of worry
The past two years of escalating tensions in the Middle East have taught oil traders to be sanguine about the risk of disruption to oil supplies.The barrage of headlines...
Wall Street Slips as Iran-Israel Conflict Sparks Oil Rally and Market Jitters
Investor enthusiasm for stocks waned on Friday as geopolitical tensions resurfaced, driving all three major U.S. indexes into the red. Iran's missile attack on Israel, in response to Israel's earlier strikes...
