"With the USO ETF due to continue selling down its June WTI position for the rest of the week, nobody else who

EDITORIAL

THE world stood aghast on Monday night following the historic crash of US crude prices.

THERE's no saving crude - not even the much-wished for Saudi-Russia oil cutback - as the floor fell out of demand amid the continuing Covid-19 pandemic.

SOME sanity could shine on crude this week on hopes of a reprieve to the Riyadh-Moscow oil row after the commodity's epic roller-coaster ride last week that began with a big leg below US$20 a...

[SINGAPORE] Oil prices extended the gloom on Monday after a Saudi-Russian price war and an equities meltdown sparked by the novel coronavirus pandemic saw their biggest weekly losses in more than...

[DUBAI] Gulf markets fell sharply in early trade on Monday, led by Dubai and Kuwait, as investors panicked, reacting to oil price's more than 30 per cent plunge after Saudi Arabia opened the taps...

[VIENNA] Opec members and their ally Russia will convene a technical meeting this week to analyse oil price falls since the outbreak of a coronavirus epidemic, a source close to the cartel said on...

MIDDLE EAST TENSIONS

OIL prices leapt as high as over 4 per cent on Friday as fresh geopolitical risk erupted on the third day of the new year after a US air strike on Baghdad airport killed Iran's most powerful...

CRUDE oil prices bounced back resolutely and hit a peak for this year on Tuesday as the market shifted its gaze from global macro woes that could hurt oil consumption to upside news for the...

OIL prices fell 1.6 per cent on Friday on a worsening global economic outlook after the European Central Bank (ECB) warned of continued weakness and fresh data showed Chinese imports and exports...