Oil News
-
Palm Oil Posts First Weekly Gain in Three Weeks
Malaysian palm oil futures rose on Friday and posted their first weekly gain in three weeks, as higher crude oil...
-
World Bank Expects Middle East Economic Growth to Slow to 1.8% and Warns of Scarring From Iran War
The World Bank expects economic growth in the Middle East to slow to 1.8 per cent this year as a...
-
First of 7 Stranded Malaysian Vessels Safely Transits Strait of Hormuz, Says Foreign Ministry
CNA has reached out to Malaysia’s foreign ministry on the status of the other six ships. Nearly 70 per cent...
-
OPEC+ Agrees To Boost Oil Output When Strait Of Hormuz Reopens
OPEC+ agreed on Sunday to raise its oil output quotas by 206,000 barrels per day for May, a modest rise...
-
Oil Prices Likely to Rise Further After Record 60% Gain in March
Oil prices are set to rise further after a record monthly gain in March, as contradictory statements from the US...
-
Japan Brands Yen Falls as 'speculative' as Iran War Ignites Sell-off
Japan on Tuesday labelled recent yen falls as speculative for the first time since the Middle East war began, shifting...
-
How Trump and the Oil Markets Move in Sync: A Tango in Six Charts
It can be hard to pin down what is guiding Donald Trump a month into US and Israel's programme of...
-
Indonesia May Revive B50 Biodiesel Mix Plan as Oil Prices Soar
Indonesia may revive a plan to launch a mandatory B50 grade of palm oil-based biodiesel in the middle of this...
-
Alarm Bells Ring for Asia Energy Security as War Rages in Middle East
With war in the Middle East still raging on, the International Monetary Fund is ringing alarm bells for Asia’s energy...
-
Saudi Aramco Shuts Down Ras Tanura Refinery Due to 'Drone Attack'
Saudi Aramco has shut down operations at its Ras Tanura refinery after a fire broke out following a reported drone...
-
Trump Cuts India Tariffs, Says Modi Will Stop Buying Russian Oil
US President Donald Trump announced a trade deal with India on Monday (Feb 2), saying that Prime Minister Narendra Modi...
-
India readies for punishing US tariffs
Indian exports to the United States will face some of the highest tariffs in the world this week, barring a...
-
China's July Oil Imports From Top Supplier Russia Fall 7.4% From a Year Ago
China's crude oil imports from top supplier Russia fell in July by 7.4 per cent from a year earlier, official...
-
Indonesia expects oil and gas investments to rise 29% to $17 billion in 2024
Indonesia's regulator, SKK Migas's chairman, told Reuters that Indonesia expects investments in its oil and gas sector to rise 29...
-
Japan oil refiners to tap reserves in case of Middle East disruption
The head of the industry group said Japanese oil refiners see no immediate impact from escalating tensions in the Middle...
-
Insights into Natural Oil and Gas Industry Trends
In today's rapidly changing business landscape, the natural oil and gas industry plays a crucial role in meeting global energy...
