crude oil


Oil prices drop to trade near $45.39 a barrel on increase in US crude inventories

(May 28): Oil extended its drop to trade near US$32 (S$45.39) a barrel after a U.S.

Oil prices in negative territory for first time

Crude Oil

Oil prices in negative territory for first time

(Apr 21): Of all the wild, unprecedented swings in financial markets since the coronavirus pandemic broke out, none has been more jaw-dropping than Monday’s collapse in a key segment of U.S.


Crude oil prices to remain low in near-term despite Trump's optimism: DBS

SINGAPORE (April 3): Crude oil prices are unlikely to trade significantly higher in the short-term despite US President Donald Trump’s optimism that a price war betwee

Crude Oil

Oil prices soar 10% after attack on Saudi facilities hits global supply

SEOUL/NEW YORK (Sept 16): Oil prices retreated on Monday after hitting their highest since May at the open, on fears over supply disruptions following an attack on Saudi Arabia’s oil facilities on


UOB: Malaysia to lose up to RM5b if oil trades at US$55-US$65/barrel

KUALA LUMPUR (Dec 28): UOB Group said today its crude oil price forecast at US$55 ($75.40) to US$65 a barrel translates into a Malaysian government revenue loss at around RM2 billion to RM5 billion

DBS 2019 stock market outlook

Singapore plantation sector set to rebound in 2019: DBS

SINGAPORE (Dec 18): DBS Research has an “overweight” rating on the Singapore plantation sector with Bumitama Agri, First Resources (FR) and Wilmar as its top “buy” picks.

US said to seek ban on crude oil to North Korea at UN

NEW YORK/SEOUL (Sept 7): The US is circulating a draft resolution at the United Nations that would bar crude oil exports to North Korea, ban the nation’s exports of textiles and prohibit employment

Broker's Calls

CAO primed to achieve greater heights on China’s burgeoning tourism market: Maybank KE

SINGAPORE (Sept 6): Maybank Kim Eng says it likes China Aviation Oil (CAO) as one of the largest jet fuel physical traders in the Asia Pacific (APAC) region, the group’s strategy f

OPEC sees lower demand for its oil in 2018, points to surplus

(July 13): OPEC said on Wednesday its oil production jumped in June and forecast world demand for its crude will decline next year as rivals pump more, pointing to a market surplus in 2018 despite

Saudi Aramco trading arm hiring staff for Singapore push

SINGAPORE (June 1): The trading arm of oil giant Saudi Aramco is looking to step up hiring for its Singapore office as it pushes into the regional energy hub, three sources with knowledge of the ma

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