Oil and gas

Can tapping oil reserves tame the Iran war price shock?

China has in recent years built up what appears to be an even larger reserve capacity

The Canadian industry has a long-held desire to get more of their oil to markets outside the US.

Chinese oil buyers pay premium for Canadian crude amid Iran war

The war is likely to shift perceptions of Middle Eastern countries as stable sources of oil

Abhijit Chakraborty, who owns a tea stall in Kolkata, India, is worried that rising cooking gas prices could hurt his earnings.

‘I’ll be the one to lose’: Hawkers, drivers in Asia brace themselves for fuel shortage amid Iran war

There are concerns that the fuel shortages could also mean higher inflation and rising interest rates

With refineries and crackers under pressure, manufacturers are set to feel more strain in feedstock supply.
BT EXPLAINS

In charts: Singapore’s energy and chemicals sector in focus as Middle East conflict escalates

The sector’s green pivot could help it be less vulnerable to oil and gas disruptions in the long term

The war has led to producing giants lowering their output and the effective closure of the Strait of Hormuz, the oil market’s most important trade artery.

G7 ready to release oil stocks if needed but ‘not there yet’

Coordinated releases of strategic stockpiles have been carried out only five times before

The global benchmark Brent crude surged to reach US$119.5 per barrel in early trading on Monday.

From Shell to Singapore Airlines: the potential winners and losers as volatile oil prices hover under US$100

Transport companies’ profit margins take a hit while developed and emerging markets in Asia-Pacific face spillovers

Buyers in Asia’s developed countries, which can pass down costs to consumers, have been busy buying shipments for April onward.

Queues, price hikes and shortages as Asia battles fuel crunch

Disarray has been spreading after just days of war, and for many, the risks are rising

Iran has threatened to strike vessels seeking to transit the waterway, fuelling a surge in prices for oil and other fuels.

US launches US$20 billion reinsurance plan to ease Gulf oil trade

The strait carries about a fifth of global oil flows, as well as gas, fertiliser and other products