OPEC

Oil drums

Commodities

Investors see oil break out of narrow range with record bets

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.

Crude Oil

Saudi Arabia breaks records on oil exports and output for year

KUWAIT (Feb 21): Saudi Arabia boosted oil exports and production last year to the highest monthly averages on record as the global crude market endured oversupply.

Broker's Calls

Don’t be too heartened by SIA’s fuel hedging move yet, say analysts

SINGAPORE (Feb 9): UOB Kay Hian maintains its “hold” rating in Singapore Airlines (SIA) while raising its target price on the stock to $10.40 from $10.10 previously, following the release of the ca

In print this week

Keppel shares are up 15% as oil prices stabilise. Is this the time to jump in?

SINGAPORE (Feb 3): Keppel Corporation is among the heavyweight blue-chip stocks that drove the Straits Times Index sharply higher in the wake of Donald Trump’s election victory.

Results

Loyz swings back into the black in 2Q

SINGAPORE (Feb 1): Loyz Energy has reported earnings of US$922,000 for 2QFY17, reversing from the net loss of US$631 million in 2QFY16.

Crude Oil

Saudis curb oil to China, Southern Asia as others spared

SINGAPORE (Jan 12): Saudi Arabia was said to cut February crude sales to China and southern Asian nations while largely sparing countries including Japan and South Korea, as it curbs supply as part

RHB strategy for 2017

If nothing else, lower oil prices will boost overall sentiment in the Oil & Gas industry

SINGAPORE (Jan 5): With the production cut announced by OPEC in November, RHB Research has forecast crude oil prices will average at US$60 a barrel for 2017.

Opec deal boosts energy funds; EMs fall despite weaker dollar

Global markets rose for the week ended Dec 5 as investors shrugged off higher bond yields and Italy’s failed referendum.

DBS looks into 2017

5 external factors that could make or break the Singapore market in the year ahead

SINGAPORE (Dec 27): The Singapore market faces several challenges in the year ahead, many of which are upcoming world events whose outcomes are beyond the predictive scope of analysts and economist

India airport

Aviation

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.

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