SAUDI OIL ATTACKS

SAUDI Aramco could take months to restore output at its giant Abqaiq plant. The question now is how quickly the kingdom can recover from the devastating strike, which knocked out roughly 5 per...

OIL futures hit a six-week high on Tuesday, rising for a fifth day on optimism that the Organization of the Petroleum Exporting Countries (Opec) and other countries may agree to extend production...

[KUALA LUMPUR] Leading palm oil players in Indonesia see production growth being hit in the short to medium term, as the world's top grower of the edible oil faces drought across major planting...

[LONDON] Opec oil output hit an eight-year low in July as a further voluntary cut by top exporter Saudi Arabia deepened losses caused by US sanctions on Iran and outages elsewhere in the group, a...

[BEIJING] China's crude steel production rose 12.7 per cent in April from March to its highest monthly level on record, official data showed on Wednesday, bolstered by firm demand and good...

[LONDON] Opec said on Tuesday that world demand for its oil would be higher than expected this year as supply growth from rivals including US shale producers slows, pointing to a tighter market if...

[DUBAI] Opec is in the dark on the oil supply outlook for the second half of this year, with Iranian and Russian outages looking increasingly significant but Saudi Arabia reluctant to pump more...

[DUBAI] Saudi Arabia's energy minister said the world's biggest oil exporter sees no need to take immediate action in the crude market, signaling a cautious response to the US decision to tighten...

JAPAN'S economic output exceeded its full capacity in October-December by the most in more than 26 years, offering the central bank some hope a sustained recovery will help inflation...

OIL added to its biggest advance in more than two weeks after fresh evidence of the Opec+ coalition's resolve to cut output and a deepening crisis in Venezuela supported a bullish outlook for...