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Oil price falls to 2-week lows as OPEC+ seen easing supply curbs
NEW YORK:Oil prices fell to their lowest in two weeks on Tuesday on expectations OPEC+ producers will ease supply curbs at their meeting later this week as economies start to recover from the coronavirus crisis
Quick take: Oil and gas shares up in active trade
KUALA LUMPUR: Oil and gas (O&G) stocks were the most active stocks on Bursa Malaysia in early trade Monday as oil prices rose after progress on the U.S. stimulus bill.
National O&G company raises investments in renewable energy
THE oil and gas (O&G) industry was slapped with a shock last year when the world was hit by the coronavirus (Covid-19) pandemic.
Petronas allocates more capex for domestic ops
Group wants to help stimulate economic recovery
Oil mixed, US crude hits highest since 2019
NEW YORK: Oil prices were mixed on Thursday with U.S. crude edging up to its highest close since 2019 as Texas refineries restarted production after last week's freeze, while Brent eased on worries that four months of gains will prompt producers to boost output.
Crude to rally sooner, higher than expected
Consumption seen returning to pre-Covid levels by July
Oil jumps almost 4% as output slow to recover from Texas storms
NEW YORK: Oil prices rose nearly 4% on Monday, boosted by the expected slow return of U.S. crude output after last week's deep freeze in Texas shut in production
ESG magnates pour money into Asia as rest of developing world lags
LONDON: The emergence of Asia, led by China, as the economic powerhouse of the post-Covid world has just entered another dimension: environmental, social and governance (ESG) dominance.
Global dividend payouts seen to revive in 2021
LONDON: Global dividend payments could rebound by as much as 5% this year, a new report estimated, after the coronavirus caused the biggest slump in payouts since the financial crisis more than a decade ago.
ESG magnates pour money into Asia
THE emergence of Asia, led by China, as the economic power house of the post-Covid world has just entered another dimension: ESG dominance.