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oil
Geopolitics
As Israel war rages, oil traders are focused on Iran
Crude traders don’t expect a massive price surge as there’s no immediate threat to supply. But all eyes are on Iran
October 08, 2023
Commodities
Goldman raises Brent oil forecast to US$100 as rally builds
Oil’s rally has rekindled talk of the possibility of US$100-a-barrel pricing
September 21, 2023
Tong's Portfolio
Tick tock tick tock … time is running out ... Malaysia needs a credible fiscal consolidation plan now
Relying on oil to fund persistent operating deficit is neither wise nor sustainable
August 09, 2023
Geopolitics
Russia's mutiny underscores oil's fragility
We’ve had a powerful, if brief, reminder of how much havoc even one bloke might wreak on our energy system
June 28, 2023
Company in the news
Singapore oil trader OK Lim on trial in US$3.5 billion case
Hin Leong’s fallout was the biggest among a string of failures across Singapore’s commodities sector in recent years.
April 11, 2023
Commodities
Goldman Sachs no longer sees oil reaching US$100 this year
The bank’s analysts now see Brent reaching US$94 a barrel for the 12 months ahead
March 19, 2023
Results
Rex International ends FY2022 with earnings of US$0.4 mil, contrary to earlier profit warning
Besides a final dividend of 0.5 cent for FY2022, Rex may pay an interim dividend for 1HFY203
March 01, 2023
Geopolitics
War in Ukraine to transform global energy markets
The global economy will fragment further as Russia shifts trade away from Europe and towards China and India.
February 09, 2023
Commodities
Russian oil is getting mixed in Singapore and then re-exported, sources say
This trend of more Russia-to-Asia shipments and the growing role of hubs in their re-distribution may further intensify
January 19, 2023
Commodities
Goldman sees 'bullish concoction' for global commodities
"Lack of supply is apparent in every single market you look at"
January 17, 2023