supply
Oil prices fall on supply glut fears despite Opec+ output cut extension
OIL prices fell by more than 1 per cent on Friday (Dec 6) and cemented weekly losses as analysts projected a supply surplus next year on weak demand despite...
Lilly to boost obesity drug supply with US$3 billion expansion
ELI Lilly is spending another US$3 billion to build out its US manufacturing footprint as it ramps up production of its blockbuster diabetes and weight-loss drugs.The latest investment –...
Abu Dhabi’s Adnoc signs 15-year LNG supply deal with Malaysia’s Petronas
ABU Dhabi National Oil Co (Adnoc) agreed to sell liquefied natural gas to Malaysia’s Petronas for 15 years starting 2028, expanding the Middle East company’s efforts to become a...
Sembcorp unit signs 10-year LNG supply deal with Chevron
The delivery of about 0.6 million tonnes of liquefied natural gas a year is expected to start in 2028A SEMBCORP Industries wholly-owned subsidiary, Sembcorp Fuels, has signed a 10-year...
Oil settles down as ease of supply risks drives weekly loss
OIL prices edged lower on Friday (Nov 29) and posted a weekly decline of more than 3 per cent, pressured by easing concern over supply risks from the Israel-Hezbollah...
Coffee prices surge to highest since 1997 on supply fears
COFFEE futures in New York climbed to the highest since 1997 on worries about crops in top growers, threatening to further raise costs for roasters and consumers.
Arabica, the high-end...
Biofuel demand, limited supply provide support for used cooking oil prices despite regulatory uncertainties
GLOBAL demand for used cooking oil (UCO), a feedstock for biofuels such as sustainable aviation fuel (SAF), is expected to continue to rise, despite regulatory uncertainty in major importing...
Used cooking oil the new black gold as it rides biofuel demand, limited supply
Europe is the largest consumer of the feedstock globally, but regulatory uncertainty in US, Europe still a hurdleGLOBAL demand for used cooking oil (UCO), a feedstock for biofuels such...