Articles

  • 1 week ago | streetinsider.com | Yuka Obayashi |Jeslyn Lerh

    By Yuka Obayashi and Jeslyn Lerh SINGAPORE (Reuters) -Oil prices edged lower on Wednesday, as shifting U.S. tariff policies fuelled uncertainty, prompting traders to weigh the potential impact of the U.S.-China trade war on economic growth and energy demand. Brent crude futures eased 18 cents, or 0.3%, to $64.49 per barrel by 0315 GMT, while U.S. West Texas Intermediate crude fell 16 cents, or 0.3%, to $61.17. Both benchmarks fell 0.3% on Tuesday.

  • 2 weeks ago | businesslive.co.za | Arathy Somasekhar |Jeslyn Lerh

    New York — Oil prices fell by nearly $3 per barrel on Thursday, wiping out the prior session’s rally, as investors reassessed the details of a planned pause in sweeping US tariffs and focus shifted to a deepening trade war between Washington and Beijing. US West Texas Intermediate crude futures fell $2.91, or 4.7%, to $59.44 per barrel by 1.30pm EDT (7.30pm). Brent crude futures fell $2.77, or 4.2%, to $62.71 a barrel.

  • 2 weeks ago | marketscreener.com | Jeslyn Lerh

    SINGAPORE (Reuters) - Oil prices retreated on Thursday as U.S. President Donald Trump ramped up a trade war with China, even as he announced a 90-day pause on tariffs aimed at other countries. Brent futures fell 39 cents, or 0.6%, to $65.09 a barrel by 0630 GMT, while U.S. West Texas Intermediate crude futures dropped 29 cents, or 0.5%, to $62.06.

  • 3 weeks ago | timeslive.co.za | Jeslyn Lerh

    Asia's oil hub of Singapore is set to receive more fuel oil from Nigeria's Dangote refinery in April, following a jump in arrival volumes last month, according to trade sources. The refinery has offered additional residual fuel for export in its latest tender this week, with the cargo set to load between April 17 and April 19, sources said. The combination cargo will comprise about 85,000 metric tons of low-sulphur straight-run fuel oil and 35,000 tons of slurry.

  • 3 weeks ago | theglobeandmail.com | Jeslyn Lerh

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