crude oil

KUWAIT (Feb 21): Saudi Arabia boosted oil exports and production last year to the highest monthly averages on record as the global crude market endured oversupply.

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 21): Petroliam Nasional Berhad (Petronas) on Wednesday announced that it will make a voluntary adjustment to Malaysia’s crude oil production from January 2017.

SINGAPORE (Dec 5): DBS Vickers Securities is reiterating its “buy” call on Sembcorp Industries (SCI) with a higher target price of $3.10 from $2.90 previously.

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

DUBAI/MOSCOW/LONDON (Nov 30): An OPEC deal to curtail oil production and prop up global prices appeared in jeopardy as Iran said it won’t make cuts while Saudi Arabia insisted Tehran must be willing to play a meaningful role in any agreement.

SINGAPORE (Oct 6): AusGroup said on Thursday that its noteholders voted in favour of restructuring the group’s debt under its medium term note programme.

SINGAPORE (Oct 4): DBS warns investors that the recent rallies among risk assets like equities, commodities, bonds and currencies shows they are trapped in an expanding bubble.