Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 41 - 50 of 1065 results for "oil prices"

Supply chain, labour shortage fears: Analysts

CHLOE WALKER  |  TUESDAY, 1 MAR 2022
... shortages, an advancing business cycle and increased inflationary pressures. When it comes to energy, the impact of rising oil prices meant over half of the analysts are more confident about investing in energy businesses than they were a year ago - ...

Supply chain issues push up retiree expenses

KARREN VERGARA  |  THURSDAY, 11 NOV 2021
... inflationary pressures on many goods. During the quarter, fuel reached a record level, jumping 7.1% due to higher global oil prices amid economic recovery and supply disruptions. The cost of furniture (+3.8%), motor vehicles (+1.4%), and audio, visual ...

Chief economist update: A delicate balancing act

BENJAMIN ONG  |  FRIDAY, 4 JUN 2021
... per day (bpd) in July, with Saudi Arabia -the swing producer - adding 400,000 bpd more. The consequent jump in crude oil prices justify the Saudi oil minister's declaration and, at the same time, the oil market's belief that the supply increase ...

Chief economist update: BOJ has no plans to ease easing

BENJAMIN ONG  |  TUESDAY, 30 MAR 2021
... projected to wane gradually along with economic improvement and the effects of such factors as the decline in crude oil prices are likely to dissipate". Fair enough. But when? The BOJ's 'Summary of Opinions' at the same meeting in March infers ...

Chief economist update: Getting hot, hot, hot

BENJAMIN ONG  |  MONDAY, 8 MAR 2021
... by 31.2% -- more than making up for the full-year 2020's loss of 24.4% and 20.9%, respectively. The recovery in oil prices has been initially underpinned by the cold weather in the US and in Asia at the start of the year, along with declining rates ...

Chief economist update: Oil gush

BENJAMIN ONG  |  THURSDAY, 4 FEB 2021
Crude oil prices jumped to one-year highs - WTI oil to US$58.46 per barrel; Brent oil to US$55.73 - this early in the New Year. Well, they have to bounce some time especially given the battering it received in 2020 as the covid-19 pandemic grounded ...

What you read in 2020

JAMIE WILLIAMSON  |  FRIDAY, 18 DEC 2020
... ETF, and were stung hard when WTI May contracts slipped into negative territory. It's assumed investors expected oil prices to stabilise after an OPEC deal to cut production by 30% due to oversupply, but May WTI futures contracts soon went negative ...

Chief economist update: Oil could slip on fresh lockdowns

BENJAMIN ONG  |  THURSDAY, 12 NOV 2020
... vaccine is nigh has injected optimism in the world economies, financial markets and commodity markets, including oil. Oil prices jumped to two-month highs - WTI oil to US$41.36 per barrel; Brent oil to US$43.61 - following reports of encouraging COVID-19 ...

Chief economist update: The second oil price discounting wave

BENJAMIN ONG  |  WEDNESDAY, 9 SEP 2020
... economies around the world, especially in China, in the second quarter of this year, and the OPEC+ cuts in production, sent oil prices higher. WTI oil prices soared to US$42.96 per barrel in August from the record low negative US$36.98 in April. Brent ...

Chief economist update: Second wave threatens an oil spill

BENJAMIN ONG  |  FRIDAY, 14 AUG 2020
... the re-opening of many businesses in an increasing number of countries around the world prompted a reversal in crude oil prices. WTI oil prices soared by 37.0% to an average price of US$38.21 per barrel in the June quarter from US$27.96/barrel in the ...