Business
Saudi oil giant Aramco raises US$3 billion from Islamic bonds
Saudi Aramco, the world’s biggest oil company, raised US$3 billion from a sale of Islamic bonds, a term sheet showed on Thursday (Sep 11),…
Tag
Oil
Fashion
Opec+ casts shadow on Singapore’s glitzy oil bash as surplus looms
Group agrees in principle to raise output again next month, according to delegates, with key members saying they expect to approve adding…
Fashion
Oil prices rise as Opec+ agrees to raise output at slower pace from October
The Organisation has been increasing production since April after years of cuts to support the oil market Oil prices rose on Monday (Sep…
Business
Opec+ set to raise oil output further from October: sources
[LONDON/MOSCOW] Opec+ is set to agree to further raise oil output on Sunday (Sep 7) while probably slowing the pace of increases from…
Business
Opec+ agrees further oil output boost from October to regain market share
[LONDON/MOSCOW] Opec+ has agreed to further raise oil production from October as its leader Saudi Arabia pushes to regain market share,…
News
China joins big oil in opposition to Trump’s biofuel proposal
US oil refiners have found an unlikely ally in their opposition to US President Donald Trump’s proposed changes to biofuel policy: China.…
Fashion
Oil prices settle down more than 2% after weak US jobs report
Oil prices fell on Friday (Sep 5) as a weak US jobs report dimmed the outlook for energy demand, while swelling supplies may grow further…
Business
China’s chemicals makers reap reward of shift from oil to coal
Falling coal prices are shifting the profitability of China’s chemicals sector, away from traditional oil-based producers to the growing…
News
Oil settles higher on weaker US dollar and Russian supply disruptions
Global benchmark Brent crude oil settled 1 per cent higher on Monday (Sep 1), as concerns mounted that intensifying airstrikes in Russia…
News
Oil holds in tight range, rising output offsets Russia supply disruptions
Oil prices traded in a tight range on Monday as worries about rising output and the impact of US tariffs on demand offset supply…
News
Tories pledge to get 'all our oil and gas out of the North Sea'
Conservative leader Kemi Badenoch has said her party will remove all net zero requirements on oil and gas companies drilling in the North…
News
Russia launches massive attack on Ukraine, as Kyiv hits oil refineries
Russiahas carried out a massive overnight attack on 14 regions of Ukraine, authorities have said, as Kyiv struck Russian oil refineries.…
Business
Oil prices fall with expected low demand, upcoming supply boost
Oil prices fell on Friday (Aug 29) as traders looked toward weaker demand in the US, the world’s largest oil market, and a boost in supply…
Business
Oil edges up on US crude stocks drop, impact of US tariffs on India
Oil prices settled higher on Wednesday (Aug 27) after data showed a larger-than-expected drop in US crude inventories and as investors…
News
Oil prices climb after Ukraine attacks hit Russian energy sites
[BEIJING/SINGAPORE] Oil prices edged higher on Monday (Aug 25) after Ukraine stepped up attacks on Russia, fanning concerns Russian oil…
News
Oil prices rise, make weekly gains as Ukraine peace process stalls
Oil prices steadied on Friday (Aug 22) amid uncertainty surrounding a potential peace deal between Russia and Ukraine, with prices gaining…
News
EPA to rule on biofuel waivers, but big oil refiners may need to wait
President Donald Trump’s administration is expected to rule on a growing backlog of requests from small oil refiners seeking relief from…
Business
Beng Kuang expands into chemical cleaning in oil and gas industry
Beng Kuang Marine has formed a new business for specialised industrial chemical cleaning, the company said in a bourse filing on Wednesday…
News
Oil prices fall on talks to end Russian invasion of Ukraine
Oil prices fell on Tuesday (Aug 19) as traders bet that talks over a possible agreement to legitimise or end Russia’s invasion of Ukraine…
News
Trump’s bill kills clean energy tax credits. Here’s exactly how much money Big Oil gave to Republican backers
The oil industry was a major donor to Donald Trump’s presidential campaign, and it’s gotten a return on that investment. Trump’s “Big…
News
Asia: Stocks up, oil down before Trump-Zelensky talks
N stocks were mostly higher on Monday while oil dipped ahead of talks between Donald Trump, Ukrainian President Volodymyr Zelensky, and…
News
Oil slips as Russia supply concerns ease after Trump-Putin meet
Oil prices slipped in early Asian trade on Monday as the United States did not exert more pressure on Russia to end the Ukraine war by…
News
Oil settles nearly US$1 lower as Trump-Putin talks loom
Oil prices closed down nearly US$1 on Friday (Aug 15) as traders awaited talks between US President Donald Trump and Russian leader…
Business
China Aviation Oil H1 profit rises 18% to US$50 million on higher gross profit and associates’ share of results
Asia-Pacific’s largest physical jet fuel buyer China Aviation Oil (CAO) posted a net profit of US$50 million for the first half of its…