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Commodities 03 Oct 2013 | 4:56 PM

Oil slips towards US$109 on US shutdown

Crude oil slipped to around US$109 a barrel on Thursday on worries that a prolonged US government shutdown would hurt demand in the world's biggest oil consumer.

Business 08 Oct 2013 | 8:19 AM

VEGOILSPALM OIL -Market factors to watch Oct 8

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.

Commodities 11 Oct 2013 | 11:23 AM

Oil prices lower in Asian trade

Oil prices dipped in Asian trade Friday despite hopes of a breakthrough in the crippling budget impasse in Washington, as dealers focused on a US supply glut, analysts said.

Business 22 Oct 2013 | 11:24 AM

Oil extends losses on weak US demand in Asia trade Tuesday

SINGAPORE: US crude oil prices stayed below $100 in Asian trade Tuesday as investors digested a steep increase in stockpiles following slow refinery activity, analysts said.

Economy 23 Oct 2013 | 10:52 AM

US oil sinks below US$98, Brent gap widest since April

US oil prices sank below US$98 to their lowest in nearly four months on Tuesday, while European Brent held firm, as fears of a near-term US crude surplus pushed the spread between the two oil contracts to its widest gap since April.

Business 05 Nov 2013 | 7:17 AM

Report: Malaysia's Iskandar Waterfront delays IPO on Govt property steps

KUALA LUMPUR: Iskandar Waterfront, tasked with developing a Malaysian city to rival neighbouring Singapore, has postponed a $300 million IPO on concerns that measures to rein in property prices would slow demand from well-heeled foreigners, two sources told Reuters.

Business 12 Dec 2013 | 6:48 AM

Morgan Stanley's TransMontaigne - What they own, what they do

LONDON: Morgan Stanley has launched a formal effort to sell control of its U.S. oil pipeline and terminal business TransMontaigne, sources said on Wednesday

Commodities 03 Jan 2014 | 4:01 PM

Brent rises past US$108; Libya, US inventories in focus

Brent crude rose above US$108 a barrel on Friday after posting its biggest daily percentage drop in six months in the previous session, although expectations for a rise in Libyan supply and speculation of a build-up in US stockpiles capped gains.

Business 05 Feb 2014 | 8:05 AM

Brent falls on emerging markets, US oil rises on cold

NEW YORK: Brent oil settled at a three-month low on Tuesday, pressured by the downturn in emerging markets, while US crude ended higher, boosted by continued demand for heating fuels and the expectation of a large draw from storage at the benchmark's delivery point.

Business 05 Mar 2014 | 8:15 AM

Oil falls nearly 2% as Russia-Ukraine fears ease

NEW YORK: Crude oil fell nearly 2 percent on Tuesday on comments from President Vladimir Putin that eased concerns Russia would escalate its military intervention in Ukraine's Crimea peninsula.