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oil industry
Stocks To Watch
Megachem holds steady amid pandemic woes; eyes Asean market with graphite venture
Investors may find a hidden gem on the SGX in Megachem, a chemicals company that has been doing well in the pandemic.
June 11, 2021
OIL & GAS
Wrong-way bet on Covid is changing the oil-trading industry forever
Hin Leong Trading triggered one of the biggest scandals in the oil industry this century.
December 31, 2020
OIL & GAS
Oil prices to remain under pressure till 3Q, say analysts
As the Covid-19 pandemic continues to bring about lockdowns and destroy demand for transportation fuel, analysts believe that oil prices are likely to remain under pressure for the rest of 1HFY2020.
April 24, 2020
Global review
Gold unlikely to shine in this crisis
Global uncertainty has led to a rally in gold prices, but growing dollar funding stress could bring it down again.
April 24, 2020
OIL & GAS
Potential reprieve for Hin Leong as Sinopec eyes oil terminal
With Hin Leong owing $3.85 billion to 23 banks, a deal with Sinopec could help rebalance the firm's balance sheets.
April 23, 2020
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.
March 29, 2020
Malaysia
Malaysia lockdown could spell disaster for key palm oil industry
“Closing operations for two weeks will have dire consequences on the industry and the livelihoods of our 650,000 smallholders,” said Nageeb Wahab, chief executive of the Malaysian Palm Oil Association.
March 18, 2020
OIL & GAS
Oil war may revive China's yuan ambitions
Russia’s falling out with the Organization of Petroleum Exporting Countries, at a time when a global coronavirus pandemic is wreaking havoc with the global economy, could still lay the ground for a historic shift.
March 17, 2020
OIL & GAS
Demand collapse pins oil below US$30 amid deepening global rout
With airlines cutting the number of flights daily and a growing number of European countries in lock-down, oil markets are heading for an unprecedented glut.
March 17, 2020
OIL & GAS
The dramatic rise and fall of shale oil
Most listed shale plays are down 80 to 90% from their recent highs. So what's next?
March 13, 2020