crude oil prices

SINGAPORE (June 23): As countries around the world are reopening their economies, despite the lack of a vaccine for the novel coronavirus (Covid-19), gold and crude oil prices could see contrasting movements.

For the last half decade or so, Sembcorp Marine (Sembmarine) has been hit by declining revenue and several annual losses amid a severe slump in the oil industry. As a result, the consolidation of its weak performance has been a drag o

More companies in danger of default given higher leverage, weaker balance sheets and greater risk of liquidity crunch amid the pandemic

Since its inception in 1972, Singapore Airlines (SIA) has weathered through all kinds of downturns that had im­pacted air travel. This included the Sept 11 terrorist attacks in 2001, the SARS epidemic in 2003 and the global finan­cia

SINGAPORE (April 9): Burning more fossil fuel hurts the environment, but with crude oil prices staying way below the historical peak, the lure of basic economics has stymied the pace in which renewable energy is used as an alternative.

SINGAPORE (March 13): Crude oil prices have already taken a blow since the start of 2020. The out­break of the novel coronavirus or Cov­id-19 did not only infect more than 119,000 and kill more than 4,000, but also impeded economic activity. This led to

Equity markets, economic growth, China economy, US economy, Singapore economy, gold prices, crude oil prices, Novel Coronavirus, World Health Organization (WHO), Monetary Authority of Singapore (MAS), SGD NEER, S&P 500 index, CSI 300 Index, Straits Times

The muted and short-term reaction in the crude oil market on the escalation of conflict between the US and Iran signals the end of petroleum diplomacy between the oil states, especially those in the Middle East.

The US has reignited geopolitical tensions with Iran, even as the trade war with China goes on. While there are signs of a broader global economic recovery, central banks have little room to manoeuvre if growth stalls again.

SINGAPORE (Dec 20): Saudi Arabian Oil Co (Saudi Aramco), the kingdom’s national oil corporation (NOC) and world’s biggest oil producer, had a positive debut on the Tadawul exchange. Its shares have gone up 19% from its IPO price of SAR32, closing at S