OPEC

(Mar 13): On the morning of March 2, 2016, a large SUV smashed against the side of a bridge overpass in Oklahoma City.

(Mar 10): Oil clawed back some of its biggest drop in a generation as investors grappled with the most volatile market on record in the midst of simultaneous supply and demand shocks.

SINGAPORE (Mar 9): Oil prices suffered the greatest price collapse since 1991 after Saudi Arabia ignited a price war with Russia following the latter’s refusal to join production cuts with OPEC. 

SINGAPORE (Oct 5): DBS is maintaining its average Brent crude oil forecasts of ~US$75/bbl for 2018 and US$75-80/bbl for 2019, with the intention to monitor developments in the coming weeks.

(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

BENGALURU (July 10): Accelerating world oil demand and reduced supply from the Organization of the Petroleum Exporting Countries (Opec) could push crude prices up to US$60 ($82.92) a barrel before

(May 31): Reports of deep-sea drilling’s demise in a world of sub-US$100 ($138.6) oil may have been greatly exaggerated, much to OPEC’s dismay.

GENEVA/LAUSANNE (March 30): The oil market is risking a supply crunch as producers cut spending on major projects to focus on short-term low-cost shale output in the US, some of the top crude and p

CHICAGO/HOUSTON (March 16): OPEC’s worst enemy isn’t US shale drillers. It’s the hedges propping them up.

NEW YORK (Feb 28): Oil has been bound to the tightest price range in more than a decade, and yet hedge funds have never been so confident it will eventually rally.