supply
Oil falls 2% on looming supply glut, hopes of Ukraine peace deal
[HOUSTON] Oil prices settled more than 2 per cent lower on Friday (Dec 26) as investors weighed a looming global supply glut, while also keeping an eye on a...
Malaysia’s Petronas signs LNG supply deal with China’s CNOOC
[KUALA LUMPUR] Malaysian state-owned energy firm Petroliam Nasional said on Wednesday (Dec 24) it would supply Chinese offshore oil and gas company CNOOC with 1 million tonnes per annum...
Oil settles near five-year low amid ample supply, Russia-Ukraine progress
[DENVER] Oil futures settled at their lowest level since February 2021 on Tuesday amid ongoing jitters surrounding oversupply and as the prospect of a Russia-Ukraine peace deal appeared to strengthen,...
Micron to exit consumer memory business amid global supply shortage
[BENGALURU] Memory chipmaker Micron Technology said on Wednesday (Dec 3) that it will exit its consumer business, as it doubles down on advanced memory chips used in artificial intelligence...
Nissan to cut more output at Kyushu plant on chip supply troubles
[TOKYO] Japan’s Nissan will cut production by another 1,400 vehicles at its Kyushu plant next week, as the fallout from chip supply disruptions linked to Chinese-owned Nexperia continues to...
Oil prices slip as robust supply outweighs Fed cut
[HOUSTON] Oil prices dropped on Friday (Sep 19) as worries about large supplies and declining demand outweighed expectations that the year’s first interest-rate cut by the US Federal Reserve...
Oil settles over 1% higher as Ukraine drone attacks target Russian supply
[NEW YORK] Oil prices rose over a dollar a barrel on Tuesday, as traders weighed the possibility that Russian supplies may be disrupted by Ukrainian drone attacks on its ports and...
Oil falls on prospect of more Opec+ supply, easing risks in Middle East
Published Mon, Jun 30, 2025 · 08:54 AM[SINGAPORE] Oil prices fell 1 per cent on Monday as an easing of geopolitical risks in the Middle East and the prospect...
