oil industry

Megachem holds steady amid pandemic woes; eyes Asean market with graphite venture - THE EDGE SINGAPORE

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.

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.

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.

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.

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.

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.

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.

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.

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.

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?
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