crude oil

Commodities

Oil hits fresh seven-year high as IEA turns bullish on outlook

Oil’s rally, however, poses a challenge for consuming nations and central banks as they try to stave off inflation

Commodities

Goldman says US$100 oil possible as record demand outpaces supply

Demand for everything from gasoline, diesel and plastics is currently at a record level

Crude Oil

Oil touches multi-year highs with energy crunch intensifying

Gazprom, Europe’s biggest natural gas supplier, doesn’t plan to send more gas via key transit routes through Ukraine next month.
KGI raises TP for Rex International, maintains 'outperform' recommendation - THE EDGE SINGAPORE

Broker's Calls

Rex International intends to upgrade listing to Mainboard; KGI raises target price to 40 cents

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

Oil & Gas

J P Morgan strategist who nailed energy surge says rally not over

The case for prolonged outperformance is now in place for the energy sector.

Commodities

Oil at highest since 2014 as OPEC panel advises sticking to plan

The market has tightened significantly following the economic recovery from the pandemic

Commodities

Commodity giant Trafigura paints bullish outlook for oil and gas

Luckock "wouldn’t be surprised" if Brent hits US$100 by end of the year

Oil & Gas

OPEC+ to boost oil output after Saudi-UAE compromise deal

The agreement means the cartel will boost output by 400,000 barrels a day each month from August

Oil & Gas

OPEC+ deal fails; oil market now faces tight supplies and rising prices

Crude prices jumped 0.9% to US$76.84 a barrel as of 4.25 pm. in London, the highest since 2018.
Singapore-listed O&G stocks sees active trade and gains as crude hits 30-month-high - THE EDGE SINGAPORE

Crude Oil

Singapore-listed O&G stocks sees active trade and gains as crude hits 30-month-high

RH Petrogas gained as much as 61.2% to hit 20 cents.
×