|Day's range||62.08 - 63.81|
March 21 (Reuters) - Sapura Energy Bhd: * UNIT WINS CONTRACT FROM MUBADALA PETROLEUM FOR PROCUREMENT, CONSTRUCTION & INSTALLATION WORKS FOR PEGAGA DEVELOPMENT PROJECT Source text : ...
Oil prices rose on Wednesday, lifted by tensions in the Middle East and healthy demand, although rising U.S. output continued to weigh on markets. U.S. West Texas Intermediate (WTI) crude futures were at $63.80 a barrel at 0230 GMT, up 26 cents, or 0.4 percent, from their previous close. Saudi Arabia's Crown Prince Mohammed bin Salman on Tuesday arrived in Washington for a state visit, raising speculation the United States could reimpose sanctions on Iran, following rewnewed criticism of the 2015 nuclear deal.
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets. FUNDAMENTALS * Malaysian palm oil futures climbed in Tuesday evening's trade to chart a second ...
Oilfield services provider Baker Hughes GE (BHGE) is on the hunt for smaller oil and gas projects in Asia Pacific to replicate a project in Papua New Guinea where it is providing services and financing, a senior company executive said. The company, formed from the merger of GE's oil and gas services and equipment business and Baker Hughes, is seeing signs of renewed interest in oil and gas projects in the region, driven by smaller firms, Asia-Pacific President Visal Leng said on the sidelines of the OTC Asia conference.
China’s historic oil futures contract is set to launch this week, and while Beijing believes in its success, extreme price volatility could spoil the party
Saudi-Russian relations have improved significantly as a result of the OPEC+ deal, but what could a long-term relationship bring both nations?
Oil prices continued to rise on Tuesday afternoon after the API reported a surprise draw in both crude and gasoline inventories
The American Petroleum Institute reported Tuesday that U.S. crude supplies fell by 2.7 million barrels for the week ended March 16, according to sources. The API data also showed a decline of 1.1 million ...
A little-known oil play in Oklahoma is attracting more drilling and investment as rising output from newer wells is enticing companies to boost production beyond the giant Permian basin in Texas. The Meramec formation is a part of what is called the STACK region - Sooner Trend Anadarko basin Canadian and Kingfisher counties - where companies such as Marathon Oil and Devon Energy bought up acreage following the oil slump in 2014.
As China shifts from coal to oil and gas, the country is facing a looming storage crisis which could leave millions of homes without heating or electricity
Investing.com - U.S. Futures pointed to a lower opening bell on Tuesday, as a Facebook (NASDAQ:FB) privacy leak prompted worry over increased regulation.The S&P 500 futures inched up over half a point or 0.03% to 2,723.50 as of 6:42 AM ET (10:42 GMT) while Dow futures decreased 21 points or 0.09% to 24,670.0. Meanwhile tech heavy Nasdaq 100 futures was down over 10 points or 0.16% to 6,903.50All three markets closed in the red on Monday as privacy concerns caused a sell-off of technology stocks. Facebook slumped 6. ...
* Palm charts second consecutive daily gain * Malaysian exports rose 13-15 pct on-month during March 1-15 - surveyors (Updates with closing prices) By Emily Chow KUALA LUMPUR, March 20 (Reuters) - Malaysian ...