COMMENTARY

Energy support sector's woes will continue even after oil price recovery

Tue, Sep 13, 2016 - 5:50 AM

OILFIELD services, shipbuilders and other industries that rose with the pre-2014 oil price boom have had it hard. Since barrel rates fell, their previous patrons have become uninterested in doling out major purchase orders, leaving oil and gas equipment manufacturers without revenues.

oil price crash

Breaking News

04:23 pm

Hong Kong: Stocks sink on new trade frictions

04:17 pm

Fastest-growing destinations in Europe

04:13 pm

UK's Raab says confident of clinching a Brexit deal

04:08 pm

German banks hoarding more cash, says ECB

04:05 pm

Worst liquidity crunch in two years spooks Indian financiers

04:03 pm

Home modems, routers hit by US China tariffs as 'smart' tech goods escape

1	Don't get used to being used at work
2	Uber-Deliveroo deal: Singapore deja vu for ridehailing giant?
3	Easy money in China, Japan bodes well for real estate investments
4	Safe as houses? The property investment story so far
5	NTUC Enterprise to buy Kopitiam, subsidiaries for undisclosed sum by year-end

Opinion

Opinion

You are here

Energy support sector's woes will continue even after oil price recovery

Creative to begin rollout of its 3D headphone products

No market drop despite new bubble set to pop

Easy money in China, Japan bodes well for real estate investments

Must Read

Singapore's inflation steady in August at 0.7%, in line with expectations

Singapore competition watchdog fines Uber, Grab more than S$13m for merger

Stable leadership transition critical to country's businesses and economy: Shanmugam

Upper East Coast landed property launched for sale with S$26m asking price

You are here

Energy support sector's woes will continue even after oil price recovery

To continue reading

Market voices on:

Sign up for BT Newsletters

Editor's Choice

Most Read

Must Read