crude oil prices

Rex International moves beyond oil exploration to production - THE EDGE SINGAPORE

SGX Research Series: 10 in 10

Rex International moves beyond oil exploration to production

1. For investors that are new to Rex International, could you elaborate what the company does?

‘Sell’ Sembmarine as vaccine news are only a placebo: UOBKH - THE EDGE SINGAPORE

Broker's Calls

'Sell' Sembmarine as vaccine news are only a placebo: UOBKH

Investors, who are turning bullish on Sembcorp Marine (Sembmarine) given the positive Covid-19 vaccine news, may need to dial down their optimism.

US Presidential Race

S&P 500 futures flat after bitter US presidential debates

U.S. equity-index futures erased gains and Asian stocks were mixed as a heated first American presidential debate concluded and traders recalibrated positions on the final day of this quarter.

Global Markets

Asia stocks little changed ahead of Fed meeting; oil climbs

Asian stocks were little changed on Wednesday as investors awaited a Federal Reserve meeting to gauge the extent of central bank support for the economic recovery. Crude oil extended gains.

Markets

Stocks stabilise following tech retreat as greenback strengthens

Global stocks mostly stabilized Monday though investors remained on edge after the biggest two-day slide for shares since June. The dollar edged higher and crude oil extended its recent slide.

OIL & GAS

Oil prices advance as China lines up boost in US crude imports

Oil prices climbed higher on Monday, lifted by China’s plans to ship in large volumes of US crude in August and September, outweighing concerns over a slowdown in demand recovery after the coronavi

Broker's Calls

O&M sector could take beyond two years to recover: UOBKH

SINGAPORE (June 29): The offshore and marine (O&M) sector, which has experienced a prolonged downturn since the 2014 crash in crude oil prices, is unlikely to see a recovery any time soon.

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

In print this week

Conscious decoupling

Sembmarine will no longer be a drag on parent Sembcorp Industries after a rights issue and demerger. Can the offshore unit recapture its glory days?

Debt and defaults

Debt danger lurks in Covid-19 shadow

More companies in danger of default given higher leverage, weaker balance sheets and greater risk of liquidity crunch amid the pandemic

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