Saudi Aramco would buy a 70 per cent stake in Saudi Basic Industries Corp from the kingdom’s wealth fund for USD 69.1 bn.
01 Apr 2019 9:53 AM
Brent crude oil futures were up 30 cents, or 0.4 per cent, at USD 68.12 per barrel.
29 Mar 2019 11:16 AM
FPIs bought a net debt of USD 1.6 billion this month, in addition to USD 4 billion into equities.
27 Mar 2019 11:12 AM
A Singapore Airlines flight carrying 263 passengers landed safely in Singapore on Tuesday, after the pilot had raised a bomb threat.
26 Mar 2019 12:01 PM
The meeting is a sign that Boeing’s planned software patch is nearing completion, though it will still need regulatory approval.
25 Mar 2019 3:03 PM
Petroleum prices have been propped up by supply cuts by the OPEC and OPEC+.
22 Mar 2019 10:23 AM
Brent crude oil futures were up 10 cents at USD 67.64 per barrel, also close to this year’s peak of USD 68.14 reached late last week.
19 Mar 2019 10:44 AM
Moe Moe Than, 32, was given little food, limited use of toilet and faced threats that her parents would be killed if she reported the abuse.
19 Mar 2019 8:41 AM
OPEC’s de-facto leader Saudi Arabia said on Sunday that balancing oil markets was far from done as inventories were still high.
18 Mar 2019 10:25 AM
OPEC+ will meet in Baku, Azerbaijan, over the weekend to review its output policy, although most expect the cuts to continue for now.
15 Mar 2019 10:49 AM
Jet fuel cracks have shed about 9 pc in the last 1 week, and are currently about 7 pc weaker than this time last year.
13 Mar 2019 2:16 PM
Singapore's aviation regulator banned the use of Boeing 737 MAX aircraft in the country's airspace after a deadly Ethiopia plane crash.
12 Mar 2019 10:41 AM
Brent crude futures were at USD 66.75 per barrel, up 17 cents, or 0.3 per cent.
12 Mar 2019 8:35 AM
The grounding of nearly one-quarter of the airline’s fleet has led to cancellation of hundreds of flights and complaints from customers.
08 Mar 2019 1:03 PM
WTI crude oil futures were at USD 56.32 per barrel, down 34 cents, or 0.6 per cent.
08 Mar 2019 10:42 AM
US crude oil production remained at a record 12.1 million bpd, an increase of more than 2 million bpd since early 2018.
07 Mar 2019 10:54 AM
International Brent futures were down 55 cents, or 0.8 percent, at USD 65.31 a barrel.
06 Mar 2019 10:31 AM
OPEC exports are off by over 1.5 million barrels per day (bpd) since November.
04 Mar 2019 12:19 PM
Traders said oil markets were currently tightening.
01 Mar 2019 12:36 PM
WTI crude oil futures were at USD 56.92 per barrel, down 2 cents from their last settlement.
28 Feb 2019 10:23 AM