01 Aug '16, 2am

Oil dips as global supplies rise, fresh concerns over Asian economies: SINGAPORE (Reuters) - Oil prices start...

Oil dips as global supplies rise, fresh concerns over Asian economies: SINGAPORE (Reuters) - Oil prices start...

NEW YORK U.S. crude tumbled below $40 per barrel for the first time since April as oil prices fell nearly 4 percent on Monday on heightened worries of an oil glut after a survey suggested OPEC output reached record highs last month. A Reuters survey on Friday found that output from the Organization of the Petroleum Exporting Countries likely rose in July to its highest in recent history as Iraq pumped more and Nigeria squeezed out additional crude exports despite militant attacks on oil installations. Data on Friday also showed the United States added 44 new oil drilling rigs in July, the most for a month in two years, intensifying concerns that global production could once again get to unmanageable levels like in 2014-2015. U.S. West Texas intermediate (WTI) crude plumbed $39.86, its lowest since April 20, and by 12:34 p.m. EDT (1634 GMT), was trading $1.51, or 3.6 percen...

Full article: http://www.reuters.com/article/us-global-oil-idUSKCN10C15...

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3 Surprising Reasons For Low Oil Prices

3 Surprising Reasons For Low Oil Prices

triplepundit.com 01 Aug '16, 9am

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Plunging Oil Prices Create Bad-Loan Headache for Singapore Banks - Bloomberg

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bloomberg.com 31 Jul '16, 10pm

The plunge in oil prices is catching up with Singapore’s three largest banks. On Thursday, Swiber Holdings Ltd., a small S...

U.S. crude oil edges back over $40, but oversup...

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Oil prices remain near April lows on ongoing oversupply: SINGAPORE, July 29 (Reuters) - Oil prices on Friday

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reuters.com 29 Jul '16, 2am

SINGAPORE Oil prices on Friday remained around April lows as slowing economic growth threatened to worsen ongoing oversupp...

U.S. crude remains below $40 as oversupply weighs: SINGAPORE (Reuters) - Oil prices remained weak on Wednesda...

U.S. crude remains below $40 as oversupply weig...

reuters.com 03 Aug '16, 1am

SINGAPORE Oil prices edged up early on Wednesday, supported by a weaker dollar, but U.S. crude futures remained below $40 ...

U.S. crude edges back over $40, but oversupply ...

reuters.com 02 Aug '16, 2am

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WRAPUP 2-Singapore bank concerns grow on oil and gas sector as DBS reports Swiber exposure

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reuters.com 29 Jul '16, 3am

* DBS discloses S$700 million exposure to Swiber * Singapore oilfield services firm Swiber says to liquidate * OCBC Q2 net...

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reuters.com 28 Jul '16, 8am

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peakoil.com 25 Jul '16, 12am

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Oil prices fall on U.S. crude inventory build, ...

365smallbusinessloans.com 11 Aug '16, 2am

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UK Breaks Renewable Energy Record

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reuters.com 28 Jul '16, 1am

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UPDATE 1-Swiber to wind up, biggest Singapore c...

reuters.com 28 Jul '16, 4am

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SE Asia Stocks-Singapore slips on lower oil pri...

reuters.com 19 Jul '16, 10am

By Aparajita Saxena July 19 Southeast Asia stocks were sluggish on Tuesday, with Vietnam closing nearly 1 percent lower af...