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Oil heads for sixth weekly gain amid supply concernsTOKYO :Oil prices rose on Friday, set for their sixth weekly gain, amid concerns of tight supplies as major producers continue their policy of limited output increases amid rising fuel demand.Brent crude futures climbed 45 cents, or 0.5per cent, to $89.79 a barrel at 0429 GMT, after falling 62 cents during th
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US judge revokes 80 million acre Gulf of Mexico oil and gas leasesLOS ANGELES : A U.S. judge on Thursday revoked 80 million acres of Gulf of Mexico oil and gas leases for underestimating the climate impact and risks, Earthjustice, which filed the law suit, said. (Reporting by Eric Beech and Costas Pitas)
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Thailand rushes to contain oil spill after undersea leakBANGKOK — Thailand's navy and pollution experts battled Thursday (Jan 27) to clear up an oil spill close to pristine holiday beaches, after an undersea pipeline leaked up to 50 tonnes of crude.
Source: TODAYonline - 🏆 1. / 99 Read more »
Oil falls on profit-taking after Brent surges to $90 a barrelBEIJING : Oil prices fell on Thursday as investors cashed in profits from the 2per cent gains in the previous session after the U.S. Federal Reserve indicated an interest rate hike in March, leading to a technical correction in surging energy markets. Futures pulled back amid a broader decline in financia
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Malaysia's Sabah aims to win big as world's first green palm oil stateSANDAKAN, Sabah: For Ettol Kumpilon, the switch from growing rice to oil palm on his small family farm in Malaysia\u0027s eastern state of Sabah has enabled him to renovate his home, send his eldest child to school and build up a healthy pot of savings. But with climate change fuelling rising temperatures that
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Thailand's PTTEP seen taking over big Myanmar gas field as majors exitstraits_times Then ASEAN will pretend to care about the Burmese people.
Source: STForeignDesk - 🏆 4. / 71 Read more »