Energy & Commodities
Oil pares gains after US says two vessels crossed Strait of Hormuz
[LONDON] Oil prices pared earlier gains on Monday after the US military said two US Navy guided-missile destroyers had entered the Gulf to break an Iranian blockade and that two US ships had transited...
Asean’s biodiesel push fuels palm oil rally, but will SGX-listed players gain?
Higher crude palm oil prices support upstream plantation earnings, but could be a double-edged sword for integrated operators: analysts
Asian buyers offer big premium for diesel-rich crude from UAE
May-loading shipments have attracted a premium to official selling prices, which are set significantly higher than April
Oil slips after Trump says US will assist ships stranded in Strait of Hormuz
Negotiations between the US and Iran continued over the weekend with both sides assessing responses from each other
China’s rare defiance of US sanctions sparks showdown over banks
The Asian nation has long been the single largest buyer of Teheran’s oil shipments
Gold steady with focus on US Hormuz plan and Iran peace talks
The conflict has kept energy prices elevated, dimming hopes for interest-rate cuts by central banks, a negative for non-yielding bullion
Opec+ agrees on symbolic quota hike as UAE touts oil investment
But the actual increase depends on the Strait of Hormuz reopening and shuttered production being restored
Japan, Vietnam seek deeper partnership with energy and minerals push
[HANOI] Japanese Prime Minister Sanae Takaichi vowed on Saturday (May 2) to strengthen bilateral ties with Vietnam, with energy cooperation and critical minerals at the forefront, during a meeting wit...
Oil falls on hopes for US-Iran negotiations, Hormuz progress
[NEW SOUTH WALES] Oil edged lower in thin trading on Friday (May 1) with US-Iran peace negotiations on the ropes but still in play, leading some traders to peel back risk ahead of the weekend.
Exxon beats Q1 earnings estimate despite hit from Iran conflict
Adjusted earnings for the quarter were US$1.16 per share, above the consensus estimate of US$1
