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global oil prices
Commodities
DBS, OCBC maintains oil forecast of above US$85/bbl and US$90/bbl respectively with upside bias following Gaza conflict
Unless the conflict reaches a much bigger scale involving multiple parties, DBS believes US$100/bbl levels are unsustainable.
October 10, 2023
Oil & Gas
Oil slumps most in a month as inventory growth worries traders
“Oil prices seem to be finding its footing,” says Yeap Jun Rong, a market strategist at IG Asia Pte in Singapore.
February 01, 2023
Oil & Gas
Suez Canal blockage should have limited impact on oil prices: Fitch Solutions
Impact on oil prices will be short-lived as the market should able to absorb the disruption in the near term.
March 29, 2021
Oil & Gas
Brent oil passes US$65 with US crisis now a global supply shock
More than 4 million barrels a day of US oil output is now offline
February 18, 2021
Broker's Calls
BOS upgrades oil price forecast subject to vaccination speed
Oil prices will also benefit from increased fiscal spending by a unified Democrat government in the US.
January 13, 2021
Tong's Portfolio
Deflation is dead ... long live inflation, again
To be clear, we do not think there will be runaway inflation since there remains plenty of slack in the economy, including high unemployment, in the aftermath of the pandemic.
August 28, 2020
Does Singapore’s CPI turnaround signal reflation or stagflation ahead?
SINGAPORE (Jan 23): Singapore has registered a rise in consumer prices for the first time in two years with headline inflation coming in 0.2% in Dec 2016, according to a joint release between the Monetary Authority of Singapore (MAS) and the Ministry of T
January 23, 2017