– | The Asian Age

Wednesday, Apr 24, 2024 | Last Update : 07:54 AM IST

– Page-10

Asia-Pacific consumes more than 35 per cent of the 100 million barrels of oil the world uses each day.

Asia oil thirst tab USD 1 trillion a year as crude rises to USD 80

Oil prices have gained 20 per cent since January to just shy of $80 per barrel, a level not seen since 2014.

17 May 2018 11:48 AM

Markets have generally tightened as the OPEC, led by Saudi Arabia, have been withholding supplies since 2017 in order to push up oil prices.

Oil near Nov 2014 highs firm as markets tighten amid OPEC cuts

Brent crude futures LCOc1, the international benchmark for oil prices, were at $78.37 per barrel.

15 May 2018 8:18 AM

Around a million barrels of oil a day is likely to disappear from global oil markets if the US sanctions on Iran bite.

Oil ebbs from multi-year highs on surge in US drilling

Brent and WTI last week reached their highest since November 2014 at $78 and $71.89 per barrel respectively.

14 May 2018 9:05 AM

The booming aviation market has also pushed up the profit margins.

Asian jet fuel buyers paying the highest premiums to get supply since 2008

The Asia Pacific region makes up over one-third of the global air passenger market.

07 May 2018 1:39 PM

US West Texas Intermediate (WTI) crude futures were down 28 cents, or 0.4 per cent, at $67.65 per barrel.

Oil prices fall on rising US crude inventories, record production

Brent crude oil futures LCOc1 were at $73.04 per barrel, down 32 cents, or 0.4 per cent, from their last close.

03 May 2018 8:48 AM

Crude inventories rose by 3.4 million barrels to 432.575 million in the week to March 27.

Oil prices rise on Iran sanction worries, despite surging US supplies

Brent crude oil futures LCOc1 were at $73.25 per barrel at 0020 GMT, up 12 cents, or 0.2 per cent.

02 May 2018 9:32 AM

Singapore’s DBS Group Holdings Ltd said it expects a strong performance this year, after it reported a record high net profit for the first quarter.

DBS sees robust year after record first-quarter profit cheers markets

This month, Singapore’s central bank tightened monetary policy for the first time in six years.

30 Apr 2018 1:02 PM

US West Texas Intermediate crude futures were at $67.89 a barrel, down 21 cents, or about 0.3 per cent, from their last settlement.

Oil slips after US rig count rises; Iran concerns cap downside

Brent crude futures, the international benchmark, dipped 39 cents, or 0.5 per cent, to $74.25 a barrel.

30 Apr 2018 11:11 AM

US West Texas Intermediate (WTI) crude futures were up 31 cents, or 0.5 percent, at $68.36 per barrel.

Oil prices rise on concerns over supply disruptions

Brent crude oil futures LCOc1 were at 74.44 per barrel at 0105 GMT, up 44 cents, or 0.6 per cent.

26 Apr 2018 8:27 AM

Inuka, a 27-year-old animal who grappled with challenges ranging from arthritis to dental problems and ear infections, carried until his last days a green tinge in his fur blamed on algae growth. (Photo: AP)

Singapore: First polar bear born in tropics Inuka dies at 27 in zoo

Animal rights groups urge zoos to not keep polar bears, who suffer on being denied the huge ranges of their natural habitat.

25 Apr 2018 4:01 PM

Brent crude futures LCOc1, the international benchmark for oil prices, climbed as high as $75.20 in early trading.

Brent oil prices hit highest since late 2014 on supply cuts

Brent was still at $74.89 a barrel at 0109 GMT, up 18 cents, or 0.2 per cent from its last close.

24 Apr 2018 8:33 AM

Brent crude oil futures LCOc1 were at $73.82 per barrel at 0325 GMT, up 34 cents, or 0.5 per cent.

Oil near late-2014 highs as Saudi pushes for higher prices

Oil prices have the potential to rise another 15 per cent over the remainder of 2018.

19 Apr 2018 9:57 AM

Oil markets have generally been well supported this year, with Brent up by around 16 per cent from its 2018-low in February.

Oil prices rise amid risk of supply disruptions

Brent crude oil futures LCOc1 were at $71.80 per barrel at 0120 GMT, up 38 cents, or 0.5 per cent.

17 Apr 2018 9:19 AM

Oil markets tense on Middle East crisis, US-China trade spat

Oil markets remained tense on Thursday on concerns over a military escalation in Syria.

12 Apr 2018 1:29 PM

Oil markets were also supported by easing concerns over a prolonged trade spat between the United States and China.

Oil prices near 2014 highs over warnings of western air strikes against Syria

Brent crude futures LCOc1 rose to $71.09 per barrel at 0104 GMT, up 7 cents from their last close.

11 Apr 2018 8:14 AM

Brent crude futures LCOc1 were at $68.52 per barrel, down 13 cents, or 0.2 per cent.

Oil prices seesaw as US trade dispute with China rattles market

US WTI crude futures CLc1 were at $63.26 a barrel at 0031 GMT, down 16 cents, or 0.3 per cent.

10 Apr 2018 8:39 AM

Brent crude futures were at $67.43 per barrel, up 32 cents, or 0.5 per cent.

Oil prices firm, but trade dispute and Syria keep market on edge

Oil prices fell about 2 per cent on Friday after US President Donald Trump threatened new tariffs on China.

09 Apr 2018 10:52 AM

‘It would be a good opportunity for both sides to take stock of the progress that we have made in different pillars of our strategic partnership, and explore areas for further cooperation,’ Singaporean Minister for Education Ong Ye Kung said. (Photo: Twitter/ @mindefsg)

India, Singapore to explore new areas of cooperation during Modi's June visit

The annual conference was organised by the Institute of South Asian Studies, a think tank of the National University of Singapore.

06 Apr 2018 8:14 PM

US crude inventories likely saw a build for the second straight week, rising 200,000 barrels in the week ended March 30.

Oil prices slips on expectations for US crude stock build

Russian government comments on prospects for stepping up cooperation with OPEC.

04 Apr 2018 1:25 PM

. According to the report, Prasad committed the offences against the woman in April 2015 at a yoga studio in Tampines housing estate. (Representational image)

Singapore: Indian yoga instructor convicted for molesting woman

Rakesh Kumar Prasad was sentenced to a nine-month jail term along with a fine of 1,000 Singapore dollar by the court on Sunday.

03 Apr 2018 2:55 PM

10 of 14

Columns

Sanjeev Ahluwalia