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Global oil supply more fragile than you think
Business, Published on 31/08/2015
» Many oil companies had trimmed their budgets heading into 2015 to deal with lower oil prices. But the rebound in April and May to US$60 per barrel from the mid-$40s suggested that the severe drop was merely temporary.
Asian energy stocks sink, airlines rise
AFP, Published on 28/11/2014
» HONG KONG — Shares in energy firms tumbled Friday after oil prices hit four-year lows in reaction to Opec's decision to ignore calls for an output cut, although the prospect of cheaper fuel sent airlines surging.
Asia stocks mixed, oil slumps
Published on 27/11/2014
» HONG KONG — Asian stocks were mixed in lacklustre trade Thursday, while oil prices extended losses ahead of a pivotal Opec meeting expected to maintain the cartel's production levels despite a huge glut.