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Daily: Global oil prices dropped to an 11-year low on China market chaos, storage overhang
Brent crude futures dropped to a new 11-year low on Thursday since a declining yuan and an emergency halt in China's stock trading left Asian markets in a havoc, while a significant supply overhang and near-record output levels also continued to drag on oil prices.
read more... 07/01/2016
Daily: Crude oil drops after pessimistic U.S. growth data
Crude futures fell in Asian trading on Friday after the publishing of a report showing that U.S. economic growth had slowed sharply, raising worries about sluggish demand in a world saturated with oil.
read more... 30/10/2015
Singapore is leading the way to becoming South-east Asia's LNG energy hub
Singapore aims to launch a domestic liquefied natural gas (LNG) trading market amid rising LNG supply and demand within Asia.
read more... 27/10/2015
Germany to offer €1 billion financial assistance to India’s renewable energy sector
Germany will offer a financial assistance of €1 billion (USD 1.12bn) to India for the development of solar power projects in the Asian country over the next five years, move announced following German Chancellor Angela Merkel’s recent visit to India.
read more... 09/10/2015
Daily: Oil prices decrease by 3% since investors retreat from overnight gains
Oil prices dropped by around 3 percent in Asian trade on Tuesday, with investors covering short positions and taking profits after Brent and U.S. crude increased more than 8 percent in the previous session.
read more... 01/09/2015