Oil edges up as investors focus on Trump-Xi meeting in Beijing
BEIJING/SINGAPORE: Oil prices edged up on Thursday, with markets focusing on the high-stakes meeting between U.S. President Donald Trump and Chinese President Xi Jinping to see if it will yield any positive results towards a resolution for the Iran war.
Oil rises US$4 after Trump rejects Iran's response to US peace proposal
SINGAPORE: Oil prices rallied on Monday, a day after President Donald Trump said Iran's response to a U.S. proposal was "unacceptable," raising supply fears as the Strait of Hormuz stayed largely closed, which kept the global market tight.
Asia gets first Mexican fuel oil cargo in 9 months after Mideast disruption
SINGAPORE/MEXICO CITY: Asia received its first fuel oil cargo from Mexico in nine months on Thursday, with more to follow, as higher Asian prices draw supply after the loss of Middle East cargoes due to the Iran war, according to industry sources and shipping data.
New Zealand eyes storage options in S’pore, M’sia
New Zealand is looking at storing fuel in Malaysia and Singapore, says a senior government minister, as the impacts of the Iran war expose the risks from its limited domestic storage capacity.
Oil extends slide as Trump indicates possible Iran peace deal
SINGAPORE: Oil prices fell for a second day on Wednesday on expectations bottled-up supply from the key Middle East producing region could resume flowing after U.S. President Donald Trump indicated a possible peace deal may be reached to end the war with Iran.
Oil rises as US-Iran deal remains elusive
SINGAPORE: Oil prices edged higher on Monday, supported by the absence of a U.S.-Iran peace deal that kept supplies constrained and prices above $100 a barrel.
Asean economic ministers say Middle East tensions could slow regional growth, threaten energy security
MANILA: ASEAN economic ministers said in a joint statement on Friday that escalating tensions in the Middle East are posing a growing threat to global energy security and could significantly slow regional growth.
Brent jumps to 4-year high as concerns of US-Iran war escalation
Brent crude prices jumped to a fresh four-year high on Thursday on concerns that the U.S.-Iran war could worsen and lead to a protracted Middle East oil supply disruption that could hurt global economic growth.
Carbon market policy a boost for RE stocks
Malaysia's National Carbon Market Policy (NCMP), launched on April 21 establishing the framework for voluntary and future compliance carbon markets, is seen as supporting solar energy adoption, energy efficiency retrofits and waste infrastructure investment, says Hong Leong Investment Bank (HLIB) Research.
UAE tells some oil buyers to take Gulf supply outside Hormuz
Abu Dhabi National Oil Co. has informed some term customers of the availability of cargoes for loading off Fujairah, outside the Persian Gulf, as producers explore different routes to bring their oil to market.
