OIL SHOCK

ANXIETY over inadequate oil storage that led to a historic crash in US crude West Texas Intermediate (WTI) last month has yet to ease but experts reckon that there is no need to brace for a...

[NEW YORK] US oil prices were 5 per cent higher while Brent crude rose above US$26 per barrel on Friday, with both benchmarks posting their first weekly gain in four weeks as the Organization of...

EDITORIAL

THE world stood aghast on Monday night following the historic crash of US crude prices.

THERE's no saving crude - not even the much-wished for Saudi-Russia oil cutback - as the floor fell out of demand amid the continuing Covid-19 pandemic.

SOME sanity could shine on crude this week on hopes of a reprieve to the Riyadh-Moscow oil row after the commodity's epic roller-coaster ride last week that began with a big leg below US$20 a...

[NEW YORK] Crude prices posted their biggest-one day gains on record on Thursday after President Donald Trump said he expects Russia and Saudi Arabia to announce a major oil production cut, and...

[NEW YORK] Oil prices fell on Wednesday after US crude inventories rose last week by the most since 2016, while gasoline demand suffered its biggest weekly drop ever due to the coronavirus...

[NEW YORK] Oil prices fell more than US$1 a barrel at the start of the trading session on Sunday, as more governments ordered lockdowns to curb the spread of the global coronavirus pandemic that...

[SINGAPORE] Oil prices extended the gloom on Monday after a Saudi-Russian price war and an equities meltdown sparked by the novel coronavirus pandemic saw their biggest weekly losses in more than...

[NEW YORK] Oil prices on Friday posted their biggest week of losses since the 2008 global financial crisis, rocked by the coronavirus outbreak and efforts by top exporter Saudi Arabia and its...