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Much ado about asset forfeiture
Mass poisonings cast doubt on free meals reforms
The benefit of the doubt has expired
New data rules could unlock cross-border data flows
Prabowo replaces Finance Minister Purbaya with his deputy

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Popular Reads

Much ado about asset forfeiture
Mass poisonings cast doubt on free meals reforms
The benefit of the doubt has expired
New data rules could unlock cross-border data flows
Prabowo replaces Finance Minister Purbaya with his deputy

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oil-production

Top oil producers eye modest output boost as prices surge
Markets 4 years ago

Top oil producers eye modest output boost as prices surge

The 23 members of the OPEC+ oil cartel, who meet on Wednesday, are expected to stick to their guns and increase output modestly as the price of crude surges.
Oil output could plummet 87% by 2040: National Energy Board
Business 4 years ago

PREMIUM
Oil output could plummet 87% by 2040: National Energy Board

A drastic drop in production is expected over the coming decades unless decisive action is taken, while consumption is set to rise fast.
Oil prices surge as Saudi Arabia pledges to cut output
Business 5 years ago

Oil prices surge as Saudi Arabia pledges to cut output

The price of the main United States oil contract, WTI, jumped more than five percent higher at one point to hit US$50 a barrel for the first time since February.
OPEC+ ministers adjourn without deal on February production levels
Business 5 years ago

OPEC+ ministers adjourn without deal on February production levels

The OPEC+ ministerial meeting came after the COVID-19 pandemic tanked the market for crude in 2020.
OPEC+ meeting Tuesday will seek to agree on extended production cuts
Business 5 years ago

OPEC+ meeting Tuesday will seek to agree on extended production cuts

In April, OPEC members agreed to cut production by 7.7 million barrels per day (bpd), which was meant to be eased to 5.8 million bpd in January 2021.
OPEC laggards called out in Saudi push for cuts compliance
Business 5 years ago

OPEC laggards called out in Saudi push for cuts compliance

Last month, ministers of OPEC nations and other major oil producers stuck to an agreement to lower production, underlining that only strict compliance could restore stability to prices sent plummeting by the coronavirus pandemic.
75 years later, with Indonesia’s oil industry in decay, options are wide open
Business 6 years ago

PREMIUM
75 years later, with Indonesia’s oil industry in decay, options are wide open

The oil industry was once Indonesia’s growth engine, but conditions quickly went downhill starting in the late 1990s, as domestic production declined but consumption kept rising.
Oil giants' production cuts come to 1 million bpd as they post massive writedowns
Business 6 years ago

Oil giants' production cuts come to 1 million bpd as they post massive writedowns

The world’s five largest oil companies collectively cut the value of their assets by nearly US$50 billion in the second quarter, and slashed production rates as the coronavirus pandemic caused a drastic fall in fuel prices and demand.
Oil falls as worsening pandemic threatens recovery
Business 6 years ago

Oil falls as worsening pandemic threatens recovery

Oil prices dipped on Monday, weighed down by the prospect that a rise in the pace of coronavirus infections could derail a recovery in fuel demand.
Oil prices get big impetus from supply cuts
Opinion 6 years ago

Oil prices get big impetus from supply cuts

While general euphoria around the world’s emergence from COVID-19 and demand recovery are factors, a big impetus to prices has come from a combination of voluntary and involuntary supply cuts.

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