Culture
Malaysia palm oil output to meet forecast despite monsoon season, says SD Guthrie
The arrival of the monsoon season has raised concerns about potential disruptions to Malaysian palm oil production over the next two…
Tag
Oil
Culture
Consumers feel pinch at pump as Russia drives oil refining boom
(Bloomberg) – It’s a great time to be an oil refiner – but a less great time to be filling up at the pump. In Europe, the US and Asia,…
Culture
Oil settles up more than 2% as Russian port suspends oil exports after Ukrainian attack
Oil prices settled more than 2 per cent higher on Friday (Nov 14) as Russia’s port of Novorossiisk halted oil exports following a…
Culture
Oil gains almost 2% as Russian port suspends oil exports after Ukrainian attack
Oil prices climbed nearly 2 per cent on Friday (Nov 14), boosted by supply fears after the Black Sea port of Novorossiisk halted oil…
Culture
Lukoil’s oil trading business sheds staff in Singapore, Geneva and Dubai as sanctions near
The oil trading business of Russia’s Lukoil PJSC began shedding staff all over the world – with just days to go until sanctions on the…
Culture
Golden Agri-Resources Q3 profit rises 17% to US$124 million on higher output and palm oil prices
Palm oil producer Golden Agri-Resources (GAR) posted a 17 per cent quarter-on-quarter rise in net profit for the third quarter ended Sep…
Business
OPEC sees balanced oil market in 2026, moves further away from deficit projection
By Alex Lawler LONDON (Reuters) -World oil supply is expected to match demand next year in a reflection of the wider OPEC+ group's…
Culture
Crude oil recovers late in session on hopes over US-Hungary meeting
Crude prices recovered from a midday dip on Friday on hopes Hungary can use Russian crude oil as US President Donald Trump met Hungary’s…
Blog
Trump grants sanctions exemption for Hungary over its Russian oil purchases
President Trump has granted Hungarian Prime Minister Viktor Orban his requested exemption from U.S. sanctions for its purchases of Russian…
Blog
Trump welcomes Orban to White House as Hungary's PM seeks exemption from U.S. sanctions on oil
President Trump welcomed Hungarian Prime Minister Viktor Orban, who was expected to ask for an exemption from U.S. sanctions for buying…
Culture
Hedge funds flee bearish oil bets after US sanctions Russia
Hedge funds cut their bearish position on Brent crude by the most on record after the US imposed sanctions on Russia’s biggest oil…
Culture
Oil ends slightly up, trade choppy on report, denial of US attack plan on Venezuela
Oil prices settled slightly higher after a wild trading session on Friday (Oct 31), popping up as media reports said US air strikes on…
Business
Ukrainian security chief says 160 Russian oil facilities attacked
Ukraine has attacked approximately 160 refineries, pumping stations and other facilities of the Russian oil industry since the beginning…
Culture
Shell profit beats estimates as oil and gas trading recovers
The company keeps quarterly US$3.5 billion buybacks, supported by robust operating cash flow Shell’s profit was better than expected in…
Culture
Oil slips on scepticism about US commitment to Russian oil sanctions
Oil prices fell on Friday (Oct 24) as scepticism crept into the market about the Trump administration’s commitment to sanctions on…
Business
Brazilian authorities say they addressed housing shortage for climate talks, defend oil drilling
SAO PAULO (AP) — Brazilian authorities said Friday they have made progress in solving the housing shortage for attendees of the upcoming…
Culture
Putin defiant after Trump sanctions Russian oil majors over Ukraine
Russian President Vladimir Putin remained defiant on Thursday after US President Donald Trump hit Russia’s two biggest oil companies with…
Blog
U.S. hits two Russian oil companies with sanctions for Moscow's failure to end the Ukraine war
The Trump administration slapped sanctions on two of Russia's largest oil companies Wednesday, citing the country's "lack of serious…
Blog
Brazil green-lights oil drilling near mouth of Amazon River ahead of U.N. climate summit
Brazil's government approved on Monday exploratory drilling by state-run oil-giant Petrobras near the mouth of the Amazon River. The…
Culture
Oil set for weekly loss as global conflicts ease, signs of glut emerge
Oil prices managed small gains on Friday (Oct 17) but were headed for a weekly loss of nearly 3 per cent after the IEA forecast a growing…
Culture
India already cutting Russian oil imports by 50% after US talks, White House official says
The United States and India have held productive trade talks, and Indian refiners are already cutting Russian oil imports by 50 per cent,…
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Beauty
I Do Oil Pulling Every Morning—Here Are the Benefits
For the past month, one product has found a new place in my home: coconut oil. Instead of in the kitchen, it now lives in my bathroom.…
Culture
Trump tariff threat pushes oil to five-month low
Brent and US crude futures fell more than US$2 a barrel, or more than 3 per cent, on Friday (Oct 10) as US President Donald Trump’s threat…
Culture
Oil prices edge up on worries about Russian output, higher US demand
Oil prices edged up about 1 per cent to a one-week high on Wednesday (Oct 8) as traders expected a lack of progress on a Ukraine peace…