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Oil dips in Asia as Algiers meeting looms

oilSingapore : Oil prices edged down in Asia today amid continued speculation over whether producers will agree to limit output at talks in Algeria this week, analysts said. Members of [...]

September 27th, 2016 | Posted in Business,Highlights | Read More »

Oil prices up ahead of US stockpiles data, Fed meeting

oil     Singapore : Oil prices rose in Asia today as traders awaited the release of US energy stockpiles data and a US central bank decision on interest rates. The [...]

September 21st, 2016 | Posted in Business,Highlights | Read More »

Oil prices down as Libya, Nigeria set to raise output

oil     Singapore : Oil prices fell in Asia today as the prospects of higher output from Libya and Nigeria further fuelled oversupply concerns, cutting short a nascent rebound. Both [...]

September 16th, 2016 | Posted in Business,Highlights | Read More »

Oil prices up in Asia on Russia-Saudi talks

oilSingapore : Crude prices rose in Asia today after Russia and Saudi Arabia pledged to work on addressing a global supply glut, but analysts said gains would likely be limited [...]

September 6th, 2016 | Posted in Business,Highlights | Read More »

Oil prices down in Asia, Brent stays below USD 50

oilSingapore : Oil fell in Asia today after industry data showing an increase in US crude stocks added to oversupply worries and traders took advantage of a recent rally to [...]

August 24th, 2016 | Posted in Business,Highlights | Read More »

Oil edges up on weaker dollar as Britain EU vote looms

oil     Singapore : Oil climbed in Asia today after Federal Reserve boss Janet Yellen’s cautious remarks on the US economy weakened the dollar and traders nervously await Britain’s vote [...]

June 22nd, 2016 | Posted in Business,Highlights | Read More »