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Today: March 24, 2025
Today: March 24, 2025
Trixie Yap

Trixie Yap

Staff Writer

Latest From Trixie Yap

Business|Finance|MidEast|Stock Markets|US

Oil prices settle $1 higher after US issues new Iran-related sanctions

Oil prices rose on Thursday after the United States issued new Iran-related sanctions and renewed tensions in the Middle East countered strength in the dollar.

Oil prices settle $1 higher after US issues new Iran-related sanctions
Asia|Business|Economy|Environment

Asia's green jet fuel ambitions exceed demand, heralding exports

Asia's ability to supply sustainable aviation fuel will outpace regional demand this year and next as more production comes online, increasing exports and

Asia's green jet fuel ambitions exceed demand, heralding exports
Asia|Business|Economy

Singapore set for multi-year high diesel imports in Feb while exports falter, sources say

Singapore is set to import multi-year high diesel volumes for February, according to data from two shiptrackers and trade sources, as sellers shipped cargoes to

Singapore set for multi-year high diesel imports in Feb while exports falter, sources say
Asia|Business|Economy|Finance|Stock Markets|World

Oil settles up on supply hits, traders cautious on Ukraine peace talks

Oil prices settled higher on Tuesday as supply disruptions mounted in Russia and the U.S., while talks to end the war in Ukraine capped gains as this could boost supply from

Oil settles up on supply hits, traders cautious on Ukraine peace talks
Asia|Business|Economy|MidEast|US

Oil sinks 2% after Trump calls Putin, Zelenskiy to discuss end to war in Ukraine

Oil prices settled down more than 2% on Wednesday after U.S.

Oil sinks 2% after Trump calls Putin, Zelenskiy to discuss end to war in Ukraine
Asia|Business|Economy

China 'teapot' refiners halt plants as new fuel tax bites, sources say

Several independent oil refineries in eastern China have halted operations, or plan to do so, for indefinite maintenance periods as new Chinese

China 'teapot' refiners halt plants as new fuel tax bites, sources say
Asia|Business|Economy|Political|US

Oil falls as Trump urges OPEC to lower prices

Oil fell 1% on Thursday after U.S. President Donald Trump urged Saudi Arabia and OPEC to bring down its cost during his address at the World Economic Forum.

Oil falls as Trump urges OPEC to lower prices
Asia|Business|Economy|Europe|MidEast|Political|US

Global diesel prices spike as US hits Russia with new sanctions

Global diesel prices and refining margins spiked following the latest round of U.S. sanctions on Russia's oil trade on

Global diesel prices spike as US hits Russia with new sanctions
Asia|Business|Economy|Finance|News|Stock Markets|World

Oil falls 1% as mixed China trade data offset supply cuts

Oil prices slipped by 1% on Tuesday, erasing most of Monday's gains, as mixed economic data from the world's second largest oil consumer China and winter

Oil falls 1% as mixed China trade data offset supply cuts
Business|Asia|Finance

Shell's Singapore refinery sale and its market significance

Oil giant Shell said on Wednesday that it has agreed to sell its Bukom refinery in Singapore - one of the world's largest oil refining and trading centres - to a

Shell's Singapore refinery sale and its market significance
Business|Finance|News

Bear market for diesel spells fresh troubles for oil

Profit margins for diesel are slumping as new refineries boost supplies and as mild weather in the northern

Bear market for diesel spells fresh troubles for oil
Business|Economy|Finance

Mexico seeks more 2025 fuel import deals after refinery delays

Mexico is seeking to import more motor fuel for next year than it had previously planned, to compensate

Mexico seeks more 2025 fuel import deals after refinery delays
News|US

Oil prices climb on hurricane impact ahead of US rate decision

Oil prices rose on Monday as the ongoing impact of Hurricane Francine on output in the U.S.

Oil prices climb on hurricane impact ahead of US rate decision
Asia|Business|Economy|Europe|Finance|Stock Markets|US

Global refiners face profit slump as new plants come online

Oil refiners in Asia, Europe and the United States are facing a drop in profitability to multi-year lows, marking a

Global refiners face profit slump as new plants come online
Asia|Business|Finance

Glencore-Chandra Singapore refinery to earmark 20% of output for Shell, sources say

Glencore and Chandra Asri, gearing up to complete their takeover of Shell's landmark Singapore refinery, have set up a new operating

Glencore-Chandra Singapore refinery to earmark 20% of output for Shell, sources say
Americas|Asia|Business|Economy|Europe

Global diesel prices to rely on refinery closures for support in 2025

The global diesel market will likely find price support in 2025 from the closure of about 1% of refining capacity,

Global diesel prices to rely on refinery closures for support in 2025
Asia|Business|Economy|Finance

Oil settles up 1% as cold weather in US, Europe drives winter fuel demand

Oil prices rose more than 1% on Thursday as cold weather gripped parts of the U.S. and Europe, boosting winter fuel demand.

Oil settles up 1% as cold weather in US, Europe drives winter fuel demand
Asia|Business|Economy|Political|World

China's Shandong Port, entry point for most sanctioned oil, bans US-designated vessels

Shandong Port Group has banned U.S.-sanctioned tankers from calling into its ports in the eastern Chinese province, home to many

China's Shandong Port, entry point for most sanctioned oil, bans US-designated vessels
Asia|Business|Economy|Finance

Singapore's Dec jet fuel imports hit multi-year high on India, S. Korea supply

Singapore's jet fuel imports probably hit multi-year highs in December, with India the top supplier as the arbitrage to Europe stayed shut, according to trade

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