oil
Oil falls 2% on looming supply glut, hopes of Ukraine peace deal
[HOUSTON] Oil prices settled more than 2 per cent lower on Friday (Dec 26) as investors weighed a looming global supply glut, while also keeping an eye on a potential Ukraine peace deal ahead of talks...
China's CNOOC makes second big oil find in Bohai Sea
[BEIJING] China’s oil major CNOOC Limited said on Wednesday (Dec 24) it has discovered an oilfield with proved in-place volumes exceeding 100 million tons of oil equivalent in its second big find in ...
Oil loading in Venezuela slows, more ships make U-turns after new US interceptions
The number of loaded tankers that have not departed has increased
ExxonMobil’s latest Singapore facility signals that innovation can continue amid global challenges: DPM Gan
The move comes even as the company is set to lay off 10% to 15% of its Singapore workforce by end-2027
Middle East oil market weakens as glut concerns gain traction
The IEA, meanwhile, projects output will exceed consumption by 3.8 million barrels a day in 2026
Offshore specialist Yinson Production eyes IPO, among other exit options for investors
The Singapore-based company is expanding into carbon capture and storage, while eyeing opportunities in Namibia
Oil climbs to 2-week high on Fed rate-cut signals, supply concerns
[NEW YORK] Oil prices edged up nearly 1 per cent to a two-week high on Friday (Dec 5) on increasing expectations the US Federal Reserve will cut interest rates next week, which could boost economic gr...
The hemispheric toll of the US-Venezuela crisis
Washington’s economic pressure has entrenched the autocratic regime and exported the costs
Oil climbs after Opec+ reiterates pause with focus on Venezuela
Oil posts a fourth straight monthly drop in November as expectations of a swelling surplus weigh on outlook
