VIRUS OUTBREAK

JAPAN'S March factory output fell at the fastest pace in five months, while retail sales also dropped as businesses struggled with the Covid-19 pandemic's sharp hit to overseas and domestic demand...

[LONDON] Opec and its allies are considering cutting their oil output by a further 500,000 barrels per day (bpd) due to the impact on oil demand from the coronavirus, three Opec+ sources and a...

[JAKARTA] Oil's dominance as a energy source may be on the wane, but one Indonesian producer is confident there's still plenty of opportunities to be had as the age of the hydrocarbon enters its...

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...