US oil breaks US$60 a barrel on supply worries
HONG KONG (AFP, BLOOMBERG) – US oil prices rallied past us$60 a barrel on Monday (Feb 15) for the first time in more than a year, [...]
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Oil extends losses after Opec+ talks suspended without decision
SEOUL (BLOOMBERG) – Oil extended losses in Asia on Tuesday (Jan 5) after dropping the most in almost two weeks as Opec+ talks [...]
Oil extends drop as Opec+ struggles for consensus on output plan
SINGAPORE (BLOOMBERG) – Oil fell for a third day as Opec+ sought more time to reach a deal on production policy after a [...]
Second wave of floating storage triggered by ailing oil market
LONDON (REUTERS) – A stalled global economic recovery from the coronavirus pandemic is leading to a fresh build-up of global oil supplies, pushing [...]