[KUALA LUMPUR] When Malaysian oil giant Petronas announced sharp spending cuts and described a dismal outlook this week, it was confirmation for millions that they will struggle to make ends meet...

[NEW YORK] Oil prices plunged again on Wednesday, losing 6.7 per cent in New York in the absence of any sign of tightening of supplies and amid gloomy global economic forecasts.

[SINGAPORE] US crude prices extended losses on Wednesday, heading towards US$27 a barrel, as the International Energy Agency (IEA) warned that the oil market could "drown in oversupply"...

[NEW YORK] Signs of a fallout from plunging oil prices have appeared in the US housing market, according to a new report from Barclays, which shows more borrowers in former boom towns were struggling...

OIL markets panicked again on Monday as sanctions against Iran were lifted over the weekend, sending the Brent oil benchmark to below US$28 a barrel - its lowest since 2003.

IT'S a new year of old problems for Singapore banks, with their shares falling 12-15 per cent since the start of 2016 on concerns over oil-and-gas exposure, and China...

[SINGAPORE] Brent crude briefly fell to fresh multi-year lows below US$28 a barrel in Asia on Monday on fears of a worsening supply glut after Western sanctions on Iran were lifted, allowing the...

SINKING MARKETS

THESE days, the Red Sea doesn't just contain oil. Offshore and marine stocks (O&M) now find themselves swimming in it, too, as they fight to stay afloat amid a sector-wide plunge that...

SINKING MARKETS

OIL'S collapse has delayed US$380 billion worth of investment on 68 major upstream projects, according to industry consultant Wood Mackenzie...

[SINGAPORE] Oil and gas projects worth US$380 billion have been postponed or cancelled since 2014 as firms slash costs to survive the oil price crash, including US$170 billion of projects planned...