Commodities Market News - International Business Times, Singapore

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Malaysia jails 8 Indonesians for hijacking oil tanker last year

Chinese Firm Revealed as Key Player in Trade of Sanctioned Oil From Iran and Venezuela

The Hong Kong-registered firm, China Concord Petroleum Co, also known as CCPC, has quickly become an important partner for Caracas and...

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Halliburton to pay Baker Hughes $3.5 bln as merger deal unravels

Crude Price Spike Helps Halliburton Report 33% Jump in Second-Quarter Profits

Global crude prices climbed 18.2% in the quarter ended June 30 and are up about 37% since the start of the year.

Chevron Plans to Sell Oil and Gas Fields in Permian Basin Worth $1 Billion - Report

Chevron is looking to sell lower-value assets, while some majors, like Royal Dutch Shell are considering exiting the...

An oil tanker unloads crude oil at a crude oil terminal in Zhoushan, Zhejiang province, China July 4, 2018.

Crude Prices Could Top $100 in a Year; 'Last Oil Boom' is Taking Shape

Along with increasing demand, 'structural underinvestment' over the last couple of years will also spur crude prices.

Ransomware Attack on US Crude Oil Grid; Colonial Pipeline Shuts Key Line

Colonial Pipeline, which carries 45 per cent of the fuel supplies for the eastern US.

Workers from ScanDrill Ltd clamp together pieces of pipe while drilling an oil well for Jagged Peak Energy Inc near Fort Stockton, Texas.

California to Phase Out Oil and Gas Drilling By 2045, Ban Fracking in 3 Years

'I don't see a role for fracking in that future and, similarly, believe that California needs to move beyond oil,' says...

Suez Blockage: Shipping Rates Double, Oil Prices Set to See Impact

The re-routing ships around the Cape of Good Hope could add at least two more weeks to the voyage, increasing the...

Reliance, BP Announce Start of Gas Production at Ultra Deep-Water Field Off India's East Coast

Output from block KG D6 – R Cluster, Satellites Cluster and MJ – will together meet 15 percent of India's gas...

Trump Extends Drilling Ban off North Carolina and Virginia Until 2032

The offshore drilling plan was part of a broader effort by the administration to maximize domestic energy production.

King Salman bin Abdulaziz Al Saud of Saudi Arabia

Saudi Arabia to emerge stronger after oil rout? Not if demand plunge accelerates Peak Oil

Saudi Arabia increased budget spending sharply for many years until the oil bull run ended in 2014. This led to a steep...

Negative crude prices: Why is this happening and what's the future outlook?

Even as the May contract US crude went for trade in low negative territory, the June contract saw trade in the normal...

Will oil price stay higher after Opec-Russia output reduction?

Great oil depression? Observers predict crude at $20 as Saudi-Russia price war starts

Brent crude futures fell by $14.25 on Monday to $31.02 a barrel, while US West Texas Intermediate (WTI) plunged $11.28...

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Will gold prices hit $2,000 an ounce? More analysts bullish on yellow metal

Analysts at Citigroup said in September that gold could hit $2,000 an ounce in...

International Space Station captures new footage of Hurricane Harvey

Cameras aboard the International Space Station captured new views of Hurricane...

International Space Station captures new footage of Hurricane Harvey

Cameras aboard the International Space Station captured new views of Hurricane...

International Space Station captures new footage of Hurricane Harvey

Cameras aboard the International Space Station captured new views of Hurricane...

Expensive caviar to reach masses after price slump

An increase in production has made the price of the food go down and it will be...

Will oil price stay higher after Opec-Russia output reduction?

Though oil markets received the news with a robust price rally, analysts are...

Warren Buffett's Election Gambit? Wall Street Wizard Invests $6 billion in 5 Japanese Companies

Buffett's investment in these five major Japanese companies marks a rare push...

EMAS offshore reports full-year loss; warns of write downs, grim outlook

EMAS reports full-year loss of S$137.2 million and quarterly loss of S$98.5...

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Joe Biden's Hamlet Crisis: He Will Soon Realize He is Governing in Trump's America

By Vinod DSouza

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Commodities Market News - International Business Times, Singapore

Chinese Firm Revealed as Key Player in Trade of Sanctioned Oil From Iran and Venezuela

Crude Price Spike Helps Halliburton Report 33% Jump in Second-Quarter Profits

Chevron Plans to Sell Oil and Gas Fields in Permian Basin Worth $1 Billion - Report

Crude Prices Could Top $100 in a Year; 'Last Oil Boom' is Taking Shape

Ransomware Attack on US Crude Oil Grid; Colonial Pipeline Shuts Key Line

California to Phase Out Oil and Gas Drilling By 2045, Ban Fracking in 3 Years

Suez Blockage: Shipping Rates Double, Oil Prices Set to See Impact

Reliance, BP Announce Start of Gas Production at Ultra Deep-Water Field Off India's East Coast

Trump Extends Drilling Ban off North Carolina and Virginia Until 2032

Saudi Arabia to emerge stronger after oil rout? Not if demand plunge accelerates Peak Oil

Negative crude prices: Why is this happening and what's the future outlook?

Great oil depression? Observers predict crude at $20 as Saudi-Russia price war starts

Will gold prices hit $2,000 an ounce? More analysts bullish on yellow metal

International Space Station captures new footage of Hurricane Harvey

International Space Station captures new footage of Hurricane Harvey

International Space Station captures new footage of Hurricane Harvey

Expensive caviar to reach masses after price slump

Will oil price stay higher after Opec-Russia output reduction?

Warren Buffett's Election Gambit? Wall Street Wizard Invests $6 billion in 5 Japanese Companies

EMAS offshore reports full-year loss; warns of write downs, grim outlook

Joe Biden's Hamlet Crisis: He Will Soon Realize He is Governing in Trump's America

Joe Biden's Hamlet Crisis: He Will Soon Realize He is Governing in Trump's America

India-China Conflict: How an Asian Nuclear War Will Unfold, Blow By Blow

India-China Conflict: How an Asian Nuclear War Will Unfold, Blow By Blow

OPINION: UAE shuns foreign workers during coronavirus distress, and it's disgraceful

OPINION: UAE shuns foreign workers during coronavirus distress, and it's disgraceful