energy prices

Asian currencies dragged lower by oil spike, with Fed path and Middle East trajectory key risks ahead

But analysts say energy prices are unlikely to shape the region’s currency trajectory over a sustained period

Higher oil prices would likely lead to a decline in economic activity in Asia, say Goldman Sachs analysts.

Iran oil shock could shave Asia’s growth – with Asean among the most exposed to risk

But fallout will be unevenly distributed, says BMI; Goldman Sachs predicts 0.5-percentage-point hit

The Strait of Hormuz – between Iran, the United Arab Emirates and Oman – is the key chokepoint for the global energy trade.

Middle East war sends economic tremors across the globe

As the US-Israel strikes on Iran escalate into a regional conflict, global markets grapple with energy vulnerabilities amid shipping disruption

The main source of market concern is Iran’s influence over shipping in the Strait of Hormuz, through which the oil and gas of its Gulf neighbours have to pass.

How will strikes on Iran affect global energy flows?

Teheran has previously threatened to close the Strait of Hormuz shipping chokepoint

Oil prices could exceed US$100 if a “larger disruption persists”, said one analyst.

Iran crisis puts Asia on alert for LNG scramble and US$100 a barrel oil

The region’s petrochemical refiners could also experience disruptions to feedstock supply

The court’s ruling could reduce the cost of building LNG plants and other large-scale energy infrastructure.

Trump tariff reversal could cut costs for US energy firms but will likely leave broader flows unchanged

[HOUSTON] The US Supreme Court’s Friday (Feb 20) decision to strike down trade tariffs imposed by President Donald Trump last year may ease costs for some oil producers and drillers, but experts and a...

LNG prices should be cut by nearly half to around US$7 per million British thermal units by 2027, says Morgan Stanley.
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A ‘glut’ of new LNG supply from the US and Qatar is set to hit Asian markets

Services inflation edged up 1.9% in November, against October’s 1.8%, due to larger increases in the costs of point-to-point transport services and health insurance.

Singapore’s core, headline inflation hold steady at 1.2% in November

Official forecasts for 2025 also remain unchanged, at 0.5% for core inflation and 0.5% to 1% for headline inflation

The UK government wants to more than double deployment by 2030 to meet its clean power targets.

UK homes install solar at fastest pace since 2015 as prices drop

UK HOMES are installing solar panels at their fastest rate in a decade as the technology’s cost continues to fall.

Unrecovered energy debt is spread across all consumer bills, adding £52, or around 3 per cent, to the current price cap of £1,755 a year for average use.

UK energy watchdog plans to tackle £4.4 billion consumer debts

[LONDON] Britain’s energy regulator Ofgem announced plans on Thursday to tackle £4.4 billion (S$7.5 billion) of debts built up by customers, which are driving up bills for millions of households.