EDITORIAL

DESPITE the best efforts of the Trump administration to persuade Saudi Arabia to cut crude production and prop up global oil prices to a level that ensures the viability of the US shale oil...

[TOKYO] Oil prices fell on Monday on concerns about oversupply as Opec and its allies, together known as Opec+, are due to pull back from production cuts in August while an increase in Covid-19...

[NEW YORK] Exxon Mobil and Chevron reported hefty losses in the latest quarter on Friday as the weakened economic outlook due to the coronavirus pandemic pressures the industry to double down on...

[NEW YORK] Oil prices rose on Friday and were on track for monthly gains, benefiting from news that US oil output cuts in May were the largest on record.

[NEW YORK] Oil prices sank on Thursday following poor US economic figures and after US President Donald Trump roiled markets with a suggestion that the nation should delay its November...

[LONDON] Oil prices fell by around 4 per cent on Thursday, as surging coronavirus infections around the world threatened to jeopardise a recovery in fuel demand just as major oil producers are set...

[NEW YORK] Oil prices rose on Wednesday after a steep drop in US crude inventories, but another record day for coronavirus cases worldwide kept gains in check.

[NEW YORK] Oil prices fell on Tuesday as US lawmakers prepared to wrangle over an economic stimulus package and investors worried about a rise in coronavirus cases worldwide.

[SINGAPORE] Oil prices were steady on Tuesday, erasing gains earlier in the session, as rising coronavirus cases dampened the outlook for demand and countered optimism over more US stimulus.

[NEW YORK] Oil prices rose on Monday on hopes that stimulus efforts will help revitalise the US economy, but the gains were capped by rising coronavirus cases and tensions between Washington and...