oil production cut

OPEC+ makes surprise 1 million-barrel oil production cut - THE EDGE SINGAPORE

Oil & Gas

OPEC+ makes surprise 1 million-barrel oil production cut

The move adds up to a production cut of about 1.1 million barrels a day starting next month, which is a significant reduction.
India airport

Aviation & Engineering

Indian carriers resume fare war as oil prices rise

NEW DELHI (Dec 20): Air travellers globally are bracing for higher fares after OPEC decided last month to cut output. Not in India, the world’s fastest-growing major aviation market.

Broker's Calls

Here’s the safest way to play the shipyard sector’s protracted recovery

SINGAPORE (Dec 7): UOB Kay Hian is upgrading its view on Singapore’s shipyard sector to “market weight” following the latest deal announced by Organization of the Petroleum Exporting Countries (OPEC), which raises oil prices and lifts hope of a reb

Aviation & Engineering

Free wine endangered on Asian airlines after OPEC accord

SYDNEY (Dec 6): Some of Asia’s marquee airlines that spoil passengers with free alcohol and in-flight entertainment may soon have to kick the habit.