Showing 1 - 10 of 20
Oil prices dive, Europe gas price hits lowest level since 2021
AFP, Published on 05/01/2023
» NEW YORK - Global oil prices plunged Wednesday over China demand concerns and European gas prices sank to their lowest levels since November 2021 as mild winter weather reduced needs.
Gas crisis fears recede for now as Europe stockpiles
AFP, Published on 31/10/2022
» LONDON - With prices falling and ports clogged with liquefied natural gas tankers, fears of a winter heating crisis in Europe have eased but experts are warning against complacency.
Oil tumbles on concerns of surplus, new variant
Reuters, Published on 26/11/2021
» SINGAPORE: Oil prices slid more than 2% on Friday on concerns that a global supply surplus could swell in the first quarter following a US-led coordinated release of crude reserves among major consumers and as a new Covid-19 variant spooked investors.
New Year OPEC+ meeting to decide production levels
AFP, Published on 02/01/2021
» LONDON - Members of the OPEC group of oil producers and their partners will meet via videoconference on Monday to decide on production levels for February, hoping to turn the corner on a difficult year.
Stocks rise as reopening, easing China-US tensions trump bad data
AFP, Published on 08/05/2020
» HONG KONG: Moves to ease lockdown measures and reopen economies around the world fired equity markets on Friday as investors looked past a string of depressing data suggesting the planet is heading for its worst downturn since the Great Depression.
Oil rebounds above $14 after massive sell-off
AFP, Published on 29/04/2020
» SINGAPORE: US oil prices rebounded above $14 a barrel on Wednesday, a day after a sell-off sparked by a major fund selling its short-term holdings of the commodity amid virus-triggered storage concerns.
US oil bounces after crash but Asia stocks suffer big losses
AFP, Published on 21/04/2020
» HONG KONG - US crude prices bounced back into positive territory Tuesday, a day after crashing below $0.00 for the first time owing to crippled demand and a storage glut, while the commodity rout sent Asian equities sharply lower.
Trump says OPEC+ planning to cut production 20 mn bpd
AFP, Published on 13/04/2020
» WASHINGTON - Top global oil producers are considering slashing output by 20 million barrels a day under the terms of a deal to boost prices, US President Donald Trump said on Monday.
Oil price barrels ahead as OPEC flags meeting
AFP, Published on 04/04/2020
» NEW YORK - The price of crude oil surged again Friday after OPEC said it would talk to non-members, notably Russia, giving investors hope for an end to a price war which has created market chaos along with crushed demand because of the coronavirus.
Asia markets lifted by huge economic support plans
AFP, Published on 20/03/2020
» HONG KONG - Asian equities enjoyed some much-needed gains Friday after another volatile week on global markets as investors took solace in a blockbuster series of government and central bank measures aimed at cushioning the economic blow from the coronavirus.