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Business News > Mint Authors > Heesu Lee

Heesu Lee

ARTICLES BY HEESU LEE

A confirmed coronavirus patient is wheeled to a hospital at Chuncheon, South Korea, February 22, 2020. (Photo: Reuters)

Virus hunter, how hardly sleeps, shows the world how to fight a pandemic

6 min read . 27 Mar 2020

Brent for February settlement fell 19 cents, or 0.3%, to $63.20 a barrel on the London-based ICE Futures Europe Exchange (Reuters)

Oil prices sputter after OPEC+ fails to nail down new output target

2 min read . 06 Dec 2019

Consumption for gasoline and diesel grew by about 75,000 barrels a day and 100,000 barrels a day, respectively, in January (Mint)

India's election set to offer a boost to the oil market

1 min read . 07 Mar 2019

Futures in New York are up 3.9% this month, even after a near 1% drop on Monday following data that showed an increase in US drilling activity. Photo: Reuters

Oil prices head for monthly gain on Iran risks and as Opec clears glut

2 min read . 30 Apr 2018

WTI for May delivery dropped as much as 72 cents to $62.82 a barrel on the New York Mercantile Exchange, and traded at $63.25 at 10.56am in London. Photo: Reuters

Oil prices thwarted by trade war fears as trump doubles down on tariffs

1 min read . 06 Apr 2018

Over in India, the nation’s biggest refiner is also expecting the sunny days to persist. Photo: Bloomberg

As oil falters, fuel that drove bull market is cruising in Asia

2 min read . 12 Feb 2018

WTI for February delivery was at $59.75 a barrel on the New York Mercantile Exchange, down 22 cents, at 2.13pm in Seoul. Photo: Reuters

Oil trades near highest since mid-2015 on Libya pipeline blast

2 min read . 27 Dec 2017

South Korea president Moon Jae-in’s dithering is starting to erode his popularity, hurting his ability to pass sweeping reforms on corporate governance through an opposition-controlled parliament. Photo: AFP

Stalled Korea nuclear reactors show risks to betting on Moon Jae-in

4 min read . 20 Oct 2017

Kim Jong Un says North Korea has demonstrated its ability to fire intercontinental ballistic rocket at any time and place and that the entire US territory is within its shooting range. Photo: AP

Kim Jong Un says entire US within range of North Korea ICBM

4 min read . 29 Jul 2017

Oil in New York clawed back from its tumble toward $45 in the run up to the meeting in Vienna as Saudi Arabia and Russia rallied support for the deal. Photo: Reuters

Oil trades near $50 as disappointment over Opec agreement eases

1 min read . 29 May 2017

Oil futures fell 49 cents to $48.84 on Monday, the lowest settlement since 28 March. Total volume traded was about 37% below the 100-day average. Photo: AFP

Oil prices trade near one-month low as US fuel supplies seen rising

1 min read . 02 May 2017

Several other countries, including Kuwait, have also expressed public support for an extension to oil supply curbs. Industry data was said to show US crude supplies fell last week. Photo: Reuters

Oil prices in biggest rally since December as Saudi Arabia seen backing curbs

2 min read . 12 Apr 2017

US secretary of state Rex Tillerson. Photo: Reuters

Rex Tillerson dismisses North Korea ‘regime change’as warships move

2 min read . 10 Apr 2017

US stockpiles probably rose by 3.5 million barrels last week, according to analysts. Photo: Reuters

Oil rides best rally in two months on bets Opec will hit its goals

2 min read . 22 Feb 2017

Opec agreed to reduce collective production to 32.5 million barrels a day, prompting predictions of a possible crude rally to $60 a barrel from Goldman Sachs Group Inc. and Morgan Stanley. Photo: Reuters

Oil trades near $50 after Opec deal as focus moves to execution

2 min read . 01 Dec 2016

Saudi Arabia, which raised oil production to a record this year, will reduce output by 486,000 barrels a day to 10.058 million a day. Photo: Bloomberg

Oil’s rally holds after Opec deal as focus shifts to execution

2 min read . 01 Dec 2016

Crude has risen this year, with Brent gaining more than 75% from a 12-year low in January, amid supply disruptions and falling US output. Photo: AFP

Brent oil falls below $50 after Nigeria boosts crude production

2 min read . 05 Jul 2016

The second launch was at 8am, a South Korean defence ministry official said, adding that the ministry had yet to determine if the firing had been a success. Photo: Reuters

North Korea fires two mid-range ballistic missiles; first failed

1 min read . 22 Jun 2016

China is now producing fuel for countries across the globe. Photo: Reuters.

Fuel joins iPhones and Barbie as stuff China makes for the world

4 min read . 07 Jun 2016

Oil has rebounded after falling to the lowest in more than 12 years amid signs a global glut will ease as US production declines. Photo: Bloomberg

Oil extends losses as US stock piles rise before freeze meeting

1 min read . 15 Apr 2016