Brent crude

There could be oil price spikes towards US$80 per barrel or higher in late-2022 and beyond, says DBS - THE EDGE SINGAPORE

Broker's Calls

There could be oil price spikes towards US$80 per barrel or higher in late-2022 and beyond, says DBS

2022 should still represent a reasonably balanced market.
BOS upgrades oil price forecast subject to vaccination speed - THE EDGE SINGAPORE

Broker's Calls

BOS upgrades oil price forecast subject to vaccination speed

Oil prices will also benefit from increased fiscal spending by a unified Democrat government in the US.
Keppel, Sembcorp, Sembmarine’s pivot from O&M industry still nascent - THE EDGE SINGAPORE

Company in the news

Keppel, Sembcorp, Sembmarine’s pivot from O&M industry still nascent

All three companies, which had benefited immensely from operating in the O&M industry, will be doing so less going forward.

Broker's Calls

Gold prices come down; black gold prices go up: OCBC Bank forecasts

SINGAPORE (June 23): As countries around the world are reopening their economies, despite the lack of a vaccine for the novel coronavirus (Covid-19), gold and crude oil prices could see contrasting movements.

Sustainability

How will the oil price plunge impact renewable energy?

SINGAPORE (April 9): Burning more fossil fuel hurts the environment, but with crude oil prices staying way below the historical peak, the lure of basic economics has stymied the pace in which renewable energy is used as an alternative.

Oil & Gas

The global oil market is broken, drowning in crude nobody needs

ut the issue is even more pressing because global tank capacity, mostly concentrated in a few hubs like Rotterdam, the Caribbean and Singapore, isn’t available to every producer.

Oil & Gas

Crude oil prices see double whammy from Covid-19, Opec+ spat; likely to stay low ahead

SINGAPORE (March 13): Crude oil prices have already taken a blow since the start of 2020. The out­break of the novel coronavirus or Cov­id-19 did not only infect more than 119,000 and kill more than 4,000, but also impeded economic activity. This led to

Offshore & Marine

SembMarine sees another year of red, but new orders momentum could improve

Despite an uptick in crude oil prices in 2019, a recovery in oil exploration and production activity was somewhat limited. This inevitably prolonged the downturn in the oil services industry, which has seen a glut of rigs and offshore

Oil & Gas

Market observers shun oil and services sectors, but some locally listed names could shine

SINGAPORE (Dec 20): Saudi Arabian Oil Co (Saudi Aramco), the kingdom’s national oil corporation (NOC) and world’s biggest oil producer, had a positive debut on the Tadawul exchange. Its shares have gone up 19% from its IPO price of SAR32, closing at S

Crude Oil

4 ways the O&G sector continues to face protracted soft conditions: Phillip

SINGAPORE (Apr 16): Phillip Capital is of the view that Singapore’s oil and gas (O&G) sector is facing an extended period of soft conditions.
×