AN EASING of draconian novel coronavirus lockdown measures and a spectacular reduction in output are helping the oil market steady after a "Black April", the International Energy Agency (IEA) said...

THE risk of a sharp pull-back in oil prices has decreased as the rebalancing of the crude market gathers pace, Goldman Sachs said, aided by a gradual lifting of coronavirus lockdowns and a faster-...

AT least three more ships loaded with petrol are now anchored off Malaysia and Singapore, Asia's top oil trading centre, taking the total volume of petrol sitting in the region to more than 280,...

COMMENTARY

THE Covid-19 pandemic could hardly have come at a worse time for the global oil industry. Already under increasing pressure from long-term structural changes in world energy markets, the industry...

COMMODITIES

OIL prices slipped more than 1 per cent on Monday as concerns over a persistent glut and economic gloom caused by the coronavirus pandemic cancelled out support from supply cuts at some of the...

THE oil market's reaction to a gradual easing of lockdowns in several countries has been so enthusiastic that it could almost lead to a misperception that the carnage witnessed since late January...

NEWS ANALYSIS

FROM Kazakhstan to the North Sea and the United States, physical crude has jumped in value in recent days but the rally will likely be tactical and short-lived rather than signalling a proper...

THE Covid-19 pandemic has brought economic and social activity around the world to a near-standstill. As a result, carbon dioxide emissions have declined sharply, and the skies above some large...

[NEW YORK] Oil dropped 4 per cent to below US$30 a barrel on Wednesday as US crude stockpiles ticked up and diesel inventories swelled, offsetting Opec-led cuts in production and hopes for a...

OIL prices swung in subdued trade on Wednesday after a massive rally this week, with traders weighing progress in the coronavirus fight as more countries ease lockdowns against brewing China-US...