Brent crude oil prices expected to average US$80-US$95 per barrel in 2027 - analysts
KUALA LUMPUR: Brent crude oil prices are expected to average between US$80 per barrel and US$95 per barrel in 2027, assuming a progressive restoration of West Asian oil exports and a recovery in global supply that outpaces demand growth, analysts said.
Oil prices fall as peace hopes offset fears of growing Middle East conflict
TOKYO: Oil prices fell on Thursday, paring the previous day's gains, as hopes for peace talks took the edge off renewed concerns over Middle East supply disruptions from escalating regional conflict.
Oil rises on Yemen fighting, Saudi refinery attack
Oil prices edged up about 1% on Wednesday on renewed concerns about additional energy supply disruptions in the Middle East due to continued fighting in Yemen, an attack on a refinery in Saudi Arabia and worries the US could strike Iran after next week's US midterm elections.
Oil slides as Mideast talks ease supply fears
Oil futures settled down by almost US$2 a barrel on Tuesday, though prices remain near six-month highs due to the disruption of shipping around the Middle East, and an agreement to end the US-Israeli war with Iran remains elusive.
Oil slips 1% as Iran diplomacy eases supply fears
NEW DELHI: Oil prices edged lower on Tuesday, falling about 1% as prospects for a resolution of the US-Israeli war on Iran kept supply fears at bay with talks in Tehran, despite renewed Houthi attacks on Saudi Arabia.
Oil slips from near six-months highs despite supply concerns
BEIJING: Oil prices fell on Monday after surging to near six-month highs late last week, although ongoing attacks on Saudi Arabia kept supply concerns in focus.
O&G stocks among top gainers in early trade following crude oil price surge
KUALA LUMPUR: Oil and gas stocks are among the top gainers in early trade today, buoyed by a surge in global crude oil prices amid ongoing tensions in West Asia.
Palm oil glut lures Indian buyers as price gap to rivals widens
A palm oil glut is making the crop increasingly attractive against rivals, luring buyers in top importer India and other major markets.
Oil hits five-month high as Houthi attacks fuel supply fears
Oil prices climbed about 4% to a five-month high on Thursday after Houthi attacks in Saudi Arabia stoked concerns of further disruption to energy supplies from the key exporting region.
Firm CPO prices expected on export demand
Crude palm oil (CPO) prices are expected to remain above RM4,600 per tonne in November, supported by export demand and a seasonal decline in production, says the Malaysian Palm Oil Council (MPOC).
