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

Search Results

Showing 51 - 60 of 210 results for "Brent"

TCorp issues first Euro bond

HARRISON WORLEY  |  TUESDAY, 18 FEB 2020
New South Wales' public sector investment management partner made its first offshore issuance in Euros. TCorp issued a 30-year EUR60 million fixed rate note earlier this week, priced at 0.609% and due on 24 February 2050. TCorp head of funding and balance ...

Chief economist update: Coronavirus infects oil market

BENJAMIN ONG  |  TUESDAY, 4 FEB 2020
... oil into a bear. Crude oil prices sank by more than 10% (the technical definition of a bear market) - WTI oil down 15.6%; Brent oil down 16.4% -- at the end of January 2020. To be sure, the oil market has turned from bull to bear and vice-versa (at least ...

TCorp hires former Cbus head

ELIZABETH MCARTHUR  |  TUESDAY, 28 JAN 2020
The investment and financial management partner of the New South Wales public sector has made a key appointment, joining from Cbus. Infrastructure specialist Diana Callebaut has joined the TCorp Investment Management team as head of real assets. She ...

Chief economist update: The rise and fall of oil

BENJAMIN ONG  |  THURSDAY, 9 JAN 2020
... strike in Iraq on January 3 that killed Qassem Soleimani -- the head of Iran's elite Quds military force. The price of Brent oil went up by 3.6% to US$68.60/barrel on the day; WTI oil prices increased by 3.1% to US$63.05; and continued to rise after ...

Chief economist update: Oil's well that ends 2019 well

BENJAMIN ONG  |  WEDNESDAY, 18 DEC 2019
... to finish 2019 around 30% higher. This year to date, WTI oil has risen by 33.4% to US$60.21 per barrel while the price of Brent oil has rallied by 29.2%. To be sure, new production cuts that will take effect on 1 January 2020 helped support crude prices. ...

Industry's Best of the Best celebrated

HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
Leading wealth management organisations have been celebrated in Money magazine's Best of the Best Awards for 2020. Australia's longest-running and most-read personal finance magazine handed out more than 100 awards to leaders in the financial ...

Chief economist update: Oil to slide into 2020

BENJAMIN ONG  |  THURSDAY, 24 OCT 2019
... translates into less demand for oil. Note that the IMF's oil price forecast is based on the "simple average of prices of UK Brent, Dubai Fateh, and West Texas Intermediate crude oil". I don't have data for Dubai Fateh but this year to date, the ...

Chief economist update: Plenty of oil

BENJAMIN ONG  |  WEDNESDAY, 18 SEP 2019
... September 14 on Saudi Arabia's Abqaiq oil-processing plant (estimated to produce around 5% of global oil supply). WTI and Brent crude oil prices jumped by 14.6%, to US$62.88 per barrel and US$69.03/barrel, on the first day of trading after the weekend ...

Chief economist update: Oil market slides from bull to bear

BENJAMIN ONG  |  FRIDAY, 7 JUN 2019
... concerns sent crude oil into a bear market. WTI oil has fallen by 22.2% to US$51.57/barrel from its April peak of US$66.24. Brent oil has slipped by 19.2% (not quite satisfying the technical definition of a bear market, but getting there) to US$60.56/barrel ...

Insurtech Australia names new chief

KARREN VERGARA  |  TUESDAY, 14 MAY 2019
Insurtech Australia has tapped a senior executive from one of its founding partners as its new chief executive. Rita Yates replaces Simon O'Dell, who will become chair, as the organisation gears for growth in 2019. Yates joined Insurtech Australia ...