World
Petrobras Hits Record 3.512 Million BOE per Day as Production and Exports Climb
Brazilian state-controlled oil producer Petrobras reported record average production of 3.512 million barrels of oil equivalent per day in the…
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Crude Oil
Business
Nasdaq Rises 1.18% as Semiconductor Rally Lifts US Stocks; Oil Falls Below $100
US stocks closed higher on October 27, led by technology and semiconductor shares as investors weighed AI-related developments, corporate earnings…
World
IEA Chief Warns Energy Markets May Not Return to Pre-War Levels in 2027
International Energy Agency (IEA) head Fatih Birol has said there may be no normalisation in global energy markets in 2027.…
World
Saudi Arabia and Singapore Plan Crude Oil Storage Deal for 2027
Saudi Arabia and Singapore are considering storing Saudi crude oil at Jurong Rock Caverns, Singapore from the second half of…