Brent

Oil prices retreated on recession fears despite supply bottlenecks

Rex’s strong balance sheet, free cash flow generation and access to capital differentiates it from many other E&P companies

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 products traders said.

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 of a deal between OPEC and other producers.

SINGAPORE (Dec 2): UOB Kay Hian has upgraded its rating on Singapore’s oil and gas (O&G) sector to “market weight” for both its offshore marine and shipyard segments, following the Organization of the Petroleum Exporting Countries’ (OPEC) announce

SINGAPORE (Oct 18): While Singapore registered a decline in exports by 1.3% y-o-y for the month of September, Maybank Kim Eng is highlighting that the steeper 6.2% contraction in imports has led to “this year’s highest trade surplus” of  more than