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Breaking News Thu, 31 Oct 2024
A Honda motorcycle getting refueled at a gasoline station. Taken on March 2017. Oil near one-month low with markets eyeing possible Israel- Hezbollah ceasefire Wed 30 Oct 2024
New York/SingaporeOil prices held at more than one-month lows, after sliding in the previous two sessions, as markets weighed a potential ceasefire between Israel and... (photo: WN / RTayco) Business Day
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Strategic Petroleum Reserve (United States) Oil steady as US reserve bid provides support Tue 29 Oct 2024
TokyoOil prices were little changed on Tuesday after falling in the previous session as a US plan to buy oil for the Strategic Petroleum Reserve (SPR) provided some... (photo: Public Domain) Business Day
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A person holding a gasoline nozzle at a gas station Oil falls after Israeli strike on Iran bypasses nuclear targets Mon 28 Oct 2024
Singapore — The yen hit a three-month low on Monday as Japan’s ruling party lost its parliamentary majority, while oil tumbled after Israel’s weekend strike on Iran... (photo: Creative Commons) Business Day
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Gas station fuel pump Oil set for weekly gain due to Middle East risks Fri 25 Oct 2024
SingaporeOil prices nudged higher on Friday and were on track for a weekly gain of more than 1%, as tensions in the world’s top oil-producing region, the Middle East,... (photo: Creative Commons) Business Day
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Person holding gasoline nozzle at gas station Oil prices jump 1% on Thursday amid Middle East worries Thu 24 Oct 2024
SingaporeOil prices climbed by more than 1% on Thursday, almost reversing the previous session’s losses, as Middle East tension came back into focus ahead of the US... (photo: Creative Commons) Business Day
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A gasoline pump Oil loses ground on increase in US stocks Wed 23 Oct 2024
SingaporeOil prices dipped on Wednesday after industry data showed US crude inventories increased more than expected, though declines were capped as the market watched... (photo: European Community / Christophe Licoppe) Business Day
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Oil pump - drill - at dusk Oil slips as geopolitical risks stabilise Tue 22 Oct 2024
Tokyo/SingaporeOil prices eased on Tuesday as the top US diplomat renewed efforts to push for a ceasefire in the Middle East and as slowing demand growth in China, the... (photo: Creative Commons) Business Day
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Russian President Vladimir Putin attends the BRICS Business Forum in Moscow, Russia, Friday, Oct. 18, 2024. Russia’s Putin seeks greater role for BRICS in global energy dialogue Fri 18 Oct 2024
President Vladimir Putin called on Monday for a bigger role for the BRICS bloc on world’s energy markets as Russia seeks ways to counter Western influence.... (photo: AP / Alexander Zemlianichenko, Poo) Dawn
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A person holding a gasoline nozzle at a gas station Oil lifts after surprise drop in US crude stockpiles Thu 17 Oct 2024
SingaporeOil prices rose in early Asian trade on Thursday, paring sharp losses over the past two sessions, after industry data showed an unexpected drop in US crude... (photo: Creative Commons) Business Day
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FILE - The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria, Thursday, March 3, 2022. Large oil surplus looms in new year thanks to spare OPEC+ capacity Wed 16 Oct 2024
The International Energy Agency (IEA) has downgraded its expected oil demand, with major consumers, particularly China, likely to see flat economic growth in 2025. The... (photo: AP / Lisa Leutner, file) Offshore Technology
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Oil pump noozle at gas station Oil edges higher amid Middle East uncertainty Wed 16 Oct 2024
SingaporeOil prices inched higher in early trade on Wednesday on uncertainty over what may happen next in the Middle East conflict, after demand concerns knocked the... (photo: Creative Commons) Business Day
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A person holding a gasoline nozzle at a gas station Oil slips amid softening demand outlook Tue 15 Oct 2024
SingaporeOil prices slid 3% during Asian trade on Tuesday due to a weaker demand outlook and after a media report said Israel was willing to not strike Iranian oil... (photo: Creative Commons) Business Day
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FILE - Pumpjacks operating at the Kern River Oil Field are seen in Bakersfield, Calif., on Jan. 16, 2015. The state of California has filed a lawsuit against some of the world's largest oil and gas companies, claiming they deceived the public about the risks of fossil fuels blamed for climate change-related storms and wildfires that caused billions of dollars in damage. Revealing the business opportunities of a circular economy Mon 14 Oct 2024
Despite circularity not fitting easily into the oil and gas industry, more recycling and less waste is something the big players need to accept. Our traditional linear... (photo: AP / Jae C. Hong, File) Offshore Technology
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CNOOC headquarters building, Chaoyangmen, Beijing CNOOC sees record oil and gas output from independent field Mon 14 Oct 2024
The Chinese state company also recently discovered one of the world’s first large ultra-shallow gas fields in ultra-deep water. China National Offshore Oil Corporation... (photo: Creative Commons / Daniel Case https://commons.wikimedia.org/wiki/User:Daniel_Case) Offshore Technology
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A customer pumps gas at a station Oil falls but is on track for weekly gain Fri 11 Oct 2024
Singapore — Oil eased on Friday after a rally the previous day, but prices remained set for a second consecutive weekly gain as investors weighed the effect of hurricane... (photo: Creative Commons) Business Day
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Fuel pomp energy gas station pump Oil rises on US storm and worry about Israel-Iran conflict Thu 10 Oct 2024
SingaporeOil prices rose on Thursday underpinned by a spike in fuel demand as a major storm barrelled into Florida and concern about potential supply disruptions in... (photo: Creative Commons) Business Day
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Refuel petrol gas station pump Oil unchanged as Middle East conflict absorbs traders’ attention Wed 9 Oct 2024
Beijing/SingaporeOil prices steadied in Asian trading on Wednesday as traders weighed developments in the Middle East conflict against continued bearish expectations... (photo: Creative Commons) Business Day
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Close up photo of gasoline nozzle Oil dips as investors take profits Tue 8 Oct 2024
SingaporeOil prices fell more than $1 on Tuesday as traders took profits from a rally in the previous session that lifted the market to its highest level in over a... (photo: Creative Commons) Business Day
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Royal Dutch Shell gasoline (gas) station Dropping global demand sees Shell’s refining profit margins drop by 30%  Mon 7 Oct 2024
The company expects its gas trading performance to remain steady, potentially exceeding market expectations. Shell‘s refining profit margins dropped by almost 30%... (photo: Creative Commons) Offshore Technology
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BP British Petroleum, Gas Station 8/2014 Guilford, Connecticut BP scales back its energy transition, abandons oil and gas targets Mon 7 Oct 2024
Offshore Technology previously reported that the energy giant was pondering a move away from renewables in the hope of better longer-term financial returns. Oil major BP... (photo: Creative Commons) Offshore Technology
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