• Sun, 02 Jun 2019 15:57
    Supply concerns replace Iran as top worry for oil markets
    OIL MARKETS have shrugged off a week of geopolitical tension, but an unexpected supply crisis will be harder for traders to ignore.
    Breaking News
  • Tue, 09 Apr 2019 01:00
    S&P Global Platts Market Insight Flood of US crude puts Saudi, OPEC resilience to the test
    Saudi Arabia and its OPEC allies face a test of their resilience when they meet next month. On the one hand, restricting output has boosted prices, but on the other hand their strategy has stoked production outside the group.
    Economy
  • Tue, 19 Feb 2019 01:00
    Concern over slow oil demand growth overshadows supply cuts
    THE OIL sector has witnessed a series of developments in early 2019 that have clouded demand prospects and have sent out a signal to the market that the recovery in prices could be at a slower pace than previously expected.
    Economy
  • Tue, 25 Dec 2018 01:00
    After a long period of turbulence, the oil market has something to cheer
    AFTER A turbulent eight weeks, during which crude oil lost nearly 30 per cent of its value, a last minute deal between Opec and non-Opec countries to cut production is expected to lend some stability to the market.
    Economy
  • Tue, 20 Nov 2018 01:00
    Opec back in focus with clarity on Iran sanctions waiver
    NOW THAT the fog around the Iran sanctions waivers has lifted, focus will return to supply-demand balances and the Opec and non-Opec meeting in Vienna next month.
    Economy
  • Tue, 10 Jul 2018 01:00
    Brace for market volatility as risks to oil supply loom large
    OIL MARKETS need to brace for high levels of volatility in the coming months amid looming supply risks and uncertainty around available spare production capacity.
    Economy
  • Tue, 12 Jun 2018 01:00
    Headlines from Vienna to determine oil price trend
    CONCERNS around oil supply disruptions may have eased after Saudi Arabia and Russia raised the possibility of releasing more oil into the market. But it is headlines from the upcoming June 22 meeting between Opec and non-Opec suppliers that will truly determine the near- to medium-term price trend.
    Economy
  • Sat, 19 May 2018 01:00
    Oil: Further upside looks limited
    GLOBAL oil prices rose to their highest levels in three-and-a-half years in the aftermath of US President Donald Trump’s announcement that the US will pull out of the Iran nuclear deal. Further upside, however, looks limited.
    Economy
  • Sat, 07 Apr 2018 01:00
    Geopolitics, tariffs may give a bruise
    A unanimous voice that has emerged in oil markets is that stocks are getting tighter against a backdrop of rising demand. This has led to oil firmly holding on to its recent gains despite a spate of geopolitical hiccups.
    Economy
  • Sat, 24 Mar 2018 01:00
    A bigger geopolitical play unfolds for the crude oil industry
    AS we enter the final paces of the first quarter of 2018, international crude prices seem to be trading firmly above $60 a barrel, although they have taken a dive from the multi-year highs seen just a couple of months ago.
    Economy
  • Sat, 20 Jan 2018 01:00
    Supply-side risks return to oil markets
    THE OIL market’s reaction to the anti-government protests in Iran highlighted the market’s fresh sensitivity to supply-side risks, which until recently had mostly evaporated.
    Economy
  • Sat, 16 Dec 2017 01:00
    Saudis reassert leadership via output cut extension, but risk losing Asia market share
    SAUDI ARABIA reasserted its leadership of the oil markets at the Opec/non-Opec meeting on November 30 in Vienna, brokering its desired extension of the 1.8 million barrels per day output cut agreement by nine months until the end of 2018.
    Economy
  • Sat, 11 Nov 2017 01:00
    Opec sees vindication for accord on production cut one year on
    ALMOST one full year after Opec's landmark decision to hold production at 32.5 million b/d, oil prices crossed a significant upward barrier, with the December ICE Brent crude oil contract breaching $60/b in the last days of October this year, up almost $10 year on year.
    Economy
  • Sat, 14 Oct 2017 01:00
    Back to fundamentals after Hurricane Harvey, Kurdish referendum
    AT THE S&P Global Platts Asia Pacific Petroleum Conference in Singapore in late September, analysts vigorously debated if the oil market was nearing the end of the “lower for longer” phase and views were mixed. Global crude benchmark prices had rallied by almost 9 per cent in September offering oil producers a glimmer of hope that prices may have bottomed out.
    Economy
  • Tue, 12 Sep 2017 01:00
    NK’s potential to disrupt oil market
    NORTH KOREA is not at the centre of the oil market. In fact, the country produces almost no crude oil, has two barely functioning refineries and is believed to import a tiny volume of around 15,000 barrels daily (b/d) of crude oil and some refined products from China.
    Economy
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