oil
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
Surging Chinese imports of Indonesia oil point to rebranded Iranian crude, traders say
China’s imports from Malaysia have almost halved since July from this year’s peak in March at 8.5 million tonnes
Consumers feel pinch at pump as Russia drives oil refining boom
IT’S a great time to be an oil refiner – but a less great time to be filling up at the pump.
Lukoil’s oil trading business sheds staff in Singapore, Geneva and Dubai as sanctions near
[LONDON] The oil trading business of Russia’s Lukoil began shedding staff all over the world – with just days to go until sanctions on the Moscow-based energy giant are due to kick in.
Hedge funds flee bearish oil bets after US sanctions Russia
[NEW YORK] Hedge funds cut their bearish position on Brent crude by the most on record after the US imposed sanctions on Russia’s biggest oil companies, threatening exports from the Opec+ producer jus...
DBS restarts China Aviation Oil coverage with ‘buy’ call; shares rise 12.9%
Its trading profitability is expected to rise, while arbitrage opportunities are set to persist
Oil slips on scepticism about US commitment to Russian oil sanctions
[HOUSTON] Oil prices fell on Friday (Oct 24) as scepticism crept into the market about the Trump administration’s commitment to sanctions on Russia’s two biggest oil companies over the war in Ukraine.
Putin defiant after Trump sanctions Russian oil majors over Ukraine
[MOSCOW] Russian President Vladimir Putin remained defiant on Thursday after US President Donald Trump hit Russia’s two biggest oil companies with sanctions to pressure the Kremlin leader to end the w...
