It has almost been three years and the oil market still seems awash with crude. Despite the Organisation of The Petroleum Exporting Countries’ (OPEC) best efforts, the 14-member body that controls more than 81.5 percent of world’s oil reserves and produces almost 50 percent of world production, has failed to help lift oil prices meaningfully.
Heading into the month of September, DBS Research recommends three stocks that investors should add to your portfolio to capitalise on the market pullback.
If anyone told you he or she knew exactly what is going to happen in the stock market over the next few days, months or even years, do yourself a favour and stay away from that person.
At last, Saudi Arabia seems to be doing what it takes to reduce the world's most visible oil glut: the one in the U.S.
In the first half of 2017, the benign bond yields provided support to lift equity markets across the globe.However, with the US Federal Reserve (Fed) raising benchmark interest rates, the bond market has si...
Oil’s 5 percent tumble Wednesday, the biggest slide since March, followed government data that showed U.S. crude and fuel stockpiles unexpectedly soaring at a time of year when they normally decline. Here are three charts showing what made oil bulls run scared.
Hedge funds trimmed bets on rising crude prices to the lowest level since November as oil futures dipped below $50 a barrel amid scepticism that an OPEC-led campaign to cut output will soon curb a worldwide supply glut. Speculators fled bearish positions for a second week.
Hong Kong’s Nan Fung Development has purchased a commercial site in the Kai Tak district at the price of HK$12,864 per square foot. Last November, Lifestyle International Holdings Ltd (1212.HK) had purchased another Kai Tak site at HK$7.39 billion (only HK$6,733 per square foot). Hence, we can see that the land price of Kai Tak’s commercial site has risen by 91 percent within half a year.
Singapore's shipyards order book fell more than 50 percent in 2016 as compared to 2015 - a plunge from $19 billion to $8 billion. That might change soon, though, according to UOB Kay Hian's (UOBKH) report dated 29 May 2017.
When the Energy Information Administration reports on June 1 and if U.S. stockpiles shrank for another week, oil investors will have a chance to reassess if their frustration following the OPEC meeting was exaggerated.