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Oil holds near multi-year highs amid demand recovery

Oil holds near multi-year highs amid demand recovery

The gains were underpinned by an improved outlook for demand as increased COVID-19 vaccinations help lift travel curbs.
Mon Jun 14 2021
WTISD: KKMM monitors biased social media platforms, calls for dissemination of authentic info

WTISD: KKMM monitors biased social media platforms, calls for dissemination of authentic info

KKM urges all telecommunications service providers and media platforms to ensure that the information disseminated is authentic.
Mon May 17 2021
Oil prices rebound on fears Suez Canal blockage may last weeks

Oil prices rebound on fears Suez Canal blockage may last weeks

The trapped container ship is blocking traffic in the Suez Canal, one of the world's busiest shipping channels for oil and refined fuels, grain and other trade between Asia and Europe.
Fri Mar 26 2021
Crude oil futures drop as pandemic darkens demand outlook

Crude oil futures drop as pandemic darkens demand outlook

Brent hit its lowest since November 2002, as the global coronavirus pandemic worsened and the Saudi Arabia-Russia price war showed no signs of abating.
Mon Mar 30 2020
Oil edges up after six days of straight losses

Oil edges up after six days of straight losses

Oil prices inched up on Monday but markets remain under pressure following six consecutive sessions of losses.
Tue Apr 25 2017
The possibility of USD20 oil doesn't sound so crazy anymore

The possibility of USD20 oil doesn't sound so crazy anymore

WTI briefly dipped below USD30 for first time since 2003. Oil markets can't maintain low price for long: Citigroup.
Wed Jan 13 2016
Oil in $20s a risk as Citigroup sees crude storage tanks fill up

Oil in $20s a risk as Citigroup sees crude storage tanks fill up

WTI may slump further if storage runs out; supply cuts needed. Brent may decline to $30 if ships are needed to store oil.
Wed Dec 16 2015
WTI sinks to lowest in almost 7 years as Iran pledges more oil

WTI sinks to lowest in almost 7 years as Iran pledges more oil

'Absolutely no chance' Iran will delay export boost: minister. Speculators raise bearish bets on WTI to all-time high
Mon Dec 14 2015
Oil set for monthly decline as OPEC seen standing firm on supply

Oil set for monthly decline as OPEC seen standing firm on supply

No decision to change output ceiling expected, Zanganeh says. WTI poised to average less than $50 a barrel for fourth month.
Mon Nov 30 2015
Useful jargon in deciphering  currency and oil markets

Useful jargon in deciphering currency and oil markets

Here's a list of useful jargon in deciphering currency and oil markets.
Fri Jan 09 2015
Oil prices rebound in Asia

Oil prices rebound in Asia

Oil prices rebounded in Asia Thursday after falling sharply to fresh five-year lows in the previous session.
Thu Dec 11 2014
Oil prices rebound in Asia

Oil prices rebound in Asia

Oil prices bounced back in Asia Friday after diving to fresh lows in the previous session on expectations that OPEC is unlikely to cut production levels to counter a global supply glut.
Fri Nov 14 2014
Who is Prabowo Subianto, incoming president of Indonesia?

Who is Prabowo Subianto, incoming president of Indonesia?

A wealthy ex-general with ties to Indonesia's popular outgoing president and its dictatorial past, looks set to be its next leader.
Sat Oct 19 2024
Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

Iran's supreme leader says Hamas leader's death will not halt 'Axis of Resistance'

The "Axis of Resistance", built up with years of Iranian support, includes Hamas, the Lebanese Hezbollah group, the Houthi movement in Yemen, and various Shi'ite groups in Iraq and Syria.
Sat Oct 19 2024
Putin says Russia willing to seek compromises between Iran and Israel

Putin says Russia willing to seek compromises between Iran and Israel

Russia is ready to help seek compromises between arch-foes Israel and Iran, President Vladimir Putin said on Friday, saying these would be difficult but possible.
Sat Oct 19 2024
What proposals will Russia push at the BRICS summit?

What proposals will Russia push at the BRICS summit?

The proposal is also to establish a BRICS reinsurance company to allow uninterrupted shipment of goods and key commodities between members.
Sat Oct 19 2024
Indonesia's free meals plan in the spotlight as Prabowo readies for office

Indonesia's free meals plan in the spotlight as Prabowo readies for office

Prabowo calls the programme one of the main drivers of economic growth, eventually set to add an estimated 2.5 million jobs.
Sat Oct 19 2024
Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English news website, AWANI International, launches on Oct 21

Astro AWANI's revamped English platform delivers in-depth global news and expert analysis to keep you informed on key developments.
Sat Oct 19 2024
Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Israeli strikes kill 33 people in Jabalia refugee camp in Gaza, medics say

Residents of Jabalia said Israeli tanks had reached the heart of the camp after pushing through suburbs and residential districts.
Sat Oct 19 2024
Liam Payne's ex-partner calls for media restraint after 'painful' death

Liam Payne's ex-partner calls for media restraint after 'painful' death

Cheryl Tweedy used her statement to urge the media to remember they had a seven-year-old son, Bear, who could read the reports.
Sat Oct 19 2024
Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Analysts: Indonesia's strong MoF leadership team to boost investor confidence

Sri Mulyani Indrawati as head of Indonesia's Ministry of Finance is expected to instil confidence among investors.
Sat Oct 19 2024
Biden offers both a carrot and a stick to Israel as his term nears an end

Biden offers both a carrot and a stick to Israel as his term nears an end

Israel has frequently resisted US advice and has caused political difficulties for the Biden administration.
Sat Oct 19 2024