supply
Oil settles down on strong US supply, losses capped by Ukraine escalation
OIL prices settled lower on Wednesday (Oct 20) after US crude and petrol stocks rose by more than expected last week, but losses were capped by worries about the...
Iron ore slumps on China property concerns, firmer supply
IRON ore futures declined to their lowest level in nearly two months on Friday (Nov 15) and fell for the week, weighed down by weakness in China’s property sector,...
Malaysia’s Petronas to halt local NGV fuel supply next year on declining demand
Malaysia state energy firm Petronas will halt the domestic retail supply and sale of natural gas for vehicles by July next year due to declining demand and to ensure...
Nvidia’s Jensen Huan asked SK Hynix to bring forward supply of HBM4 chips by six months, SK’s chairman says
NVIDIA CEO Jensen Huang had asked memory chip maker SK Hynix to bring forward by six months the supply of its next-generation high-bandwidth memory chips called HBM4, SK Group...
Opec+ delays supply restart again as crude prices struggle
ORGANIZATION of the Petroleum Exporting Countries Plus (Opec+) agreed to push back its December production increase by one month, the second delay to its plans to revive supply as...
Jomla Launches New Supply Chain Hub with Operations Center in China
One of the most popular Middle East e-commerce companies, Jomla, today announced the establishment of a new operations center in China, a move that speaks of this company moving...
Oil prices rise 1% as Middle East attacks heighten supply concerns
OIL prices rose more than 1 per cent on Thursday (Oct 24), reversing some of the previous session’s losses, as the Middle East conflict and reports of North Korean...
Singapore is one step closer to hydrogen-powered electricity supply
ONE of the first hydrogen-ready power plants in Singapore has advanced into its next phase of development, with its project developer in talks with banks to raise funds for...
