oil prices

Oil & Gas

Oil retreats to below US$52 on stronger dollar

Oil retreated as the dollar strengthened, with the steam coming out of a recent rally.
The real price of Saudi Arabia's surprise oil cuts - THE EDGE SINGAPORE

Global review

The real price of Saudi Arabia's surprise oil cuts

How much does Saudi Arabia’s oil price cuts cost?

Oil & Gas

Oil climbs toward US$38 and gold gains for third day after Biden win

Crude futures in New York increased 2.2% and spot gold added 0.1% amid a broader gain in Asian stocks.

US Presidential Race

Gold drops, oil rises as US elections show tight contest

Spot gold dropped 0.6% and the dollar strengthened as the race’s tightness spurred a flight to the safety of the greenback.

Singapore economy

Singapore's domestic and foreign wholesale sales see significant plunge in 2Q2020

Singapore’s domestic wholesale sales plunged 40.6% year-on-year in 2Q2020 ended June, following lower petroleum sales

Broker's Calls

Large cash hoard to help Penguin International ride out choppy waves

Can Penguin International ride through the rough seas?

Broker's Calls

Analysts keeping hopes up on Sembcorp Marine despite double whammy hit

Outlook for Sembcorp Marine seems dull, but a merger might turn things around

Oil & Gas

Finally we are being paid to consume oil

Why would anyone actually pay someone to take their oil which was considered a fairly essential, and expensive, commodity not long ago?

Global Economy

When US$8 tril global fiscal stimulus still is not enough

“Governments worldwide are unleashing fiscal support measures, but not all fiscal packages are the same,” said Chua Hak Bin, a senior economist at Maybank Kim Eng Research in Singapore.
Oil prices have plunged to unprecedented levels. Now what?

Oil & Gas

Oil prices have plunged to unprecedented levels. Now what?

The benchmark West Texas Intermediate (WTI) plunged into negative territory for the first time in history, as crude oil prices plummeted 300% to around minus US$40 per barrel on Monday.
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