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Business News > Mint Authors > Henning Gloystein

Henning Gloystein

ARTICLES BY HENNING GLOYSTEIN

Oil prices stable amid OPEC supply cuts, but US-China trade war drags

2 min read . 27 May 2019

Hopes of an end to the US-China trade war added support to a market that has been rallying for the past two months on cuts to production. (Reuters)

Oil prices rise on US-China trade deal hopes, Opec supply cuts

2 min read . 04 Mar 2019

Saudi Arabia is the de-facto leader of the OPEC. (Reuters)

Oil prices rise as Saudi Arabia cuts supply to United States

1 min read . 31 Jan 2019

Brent crude futures, the international benchmark for oil prices, hit their strongest since November 2014 above $77.80 per barrel at 9.51am on Thursday. Photo: AFP

Oil prices hit highest in years as markets adjust to looming sanctions on Iran

2 min read . 10 May 2018

Brent crude oil futures were at $75.57 per barrel at 12.20pm, up 70 cents, or 0.9%, from their last close. Photo: Reuters

Oil prices reach highest since November 2014 on Venezuela, Iran worries

2 min read . 07 May 2018

Brent crude oil futures were at $73.31 per barrel at 12.24pm, down 5 cents from their last close. Photo: Reuters

Oil prices dip on rising US crude inventories, record production

2 min read . 03 May 2018

Opec’s efforts to tighten markets are being led by top exporter Saudi Arabia, where state-controlled oil firm Saudi Aramco is pushing for higher prices ahead of a partial listing planned for later this year or 2019. Photo: Reuters

Brent oil hits highest since late 2014 as supplies tighten amid strong demand

2 min read . 24 Apr 2018

A representational image. US drillers added five rigs drilling for new production in the week ended 20 April, bringing the total to 820, the highest since March 2015, according Baker Hughes energy services firm. Photo: Reuters

Oil dips as US drilling tempers otherwise bullish sentiment

2 min read . 23 Apr 2018

US WTI crude futures were up 59 cents, or 0.9%, at $67.11 a barrel. Photo: Reuters

Oil prices rise on lower US crude inventories, global supply risks

2 min read . 18 Apr 2018

Brent crude oil futures were at $71.75 per barrel at 12.16pm, up 33 cents, or 0.5%, from their last close. US WTI crude futures were up 36 cents, or 0.5%, at $66.58 a barrel. Photo: Reuters

Oil prices rise amid risk of supply disruptions

2 min read . 17 Apr 2018

US WTI crude futures were at $64.31 a barrel, up 89 cents, or 1.4%. Photo: Reuters

Oil prices rise by more than 1% on hopes US trade spat with China may ease

2 min read . 10 Apr 2018

Brent crude futures were at $66.91 per barrel at 11am, down 71 cents, or 1.1%. US WTI crude futures were at $63.46 a barrel, down 69 cents, or 1.1%. Photo: Reuters

Oil prices fall more than 1% amid global market rout

2 min read . 06 Feb 2018

Brent crude futures hit a session high of $71.05 per barrel—the highest since early December 2014—before dipping back to $70.99 by 10.20am. Photo: AFP

Brent oil prices hit $71 for 1st time since 2014 as dollar drops, US stocks decline

2 min read . 25 Jan 2018

Brent crude futures were at $68.65 a barrel at 1.32pm, down 66 cents, or 0.95%, from their last close. Photo: Reuters

Oil prices fall over 1% on recovery in US output

2 min read . 19 Jan 2018

Brent crude futures were at $69.15 a barrel at 12.18pm, 33 cents, or 0.5%, above their last close. Photo: Reuters

Oil prices hit highest since 2014, but analysts warn of overheated market

2 min read . 10 Jan 2018

US WTI crude futures were at $60.64 a barrel at 7.50am, up 22 cents, or 0.4%, after hitting a June 2015 high of $60.68 earlier in the day. Photo: Reuters

Oil prices rise to mid-2015 high in strongest year opening since 2014

1 min read . 02 Jan 2018

India imported a record 4.83 million barrels per day (bpd) of oil in September as several refiners resumed operations after extensive maintenance to meet rising local fuel demand. Photo: Reuters

Oil prices rise on tightening supply, strong demand

2 min read . 23 Oct 2017

File photo. US has 141 oil refineries as of 1 January, with a total capacity of 18.6 million bpd, according to the Energy Information Administration. Photo: Reuters

Flooding knocks out US refineries, crude hit by supply disruptions

2 min read . 29 Aug 2017

Noble Group also flagged a $1.3 billion writedown, leading to a quarterly loss of up to $1.8 billion on a ‘more conservative balance sheet valuation’. Photo: iStock

At ‘bare bones’ Noble Group, staff exits and debt pose more risks

4 min read . 28 Jul 2017

US oil production has risen by more than 10% over the last year to 9.35 million bpd, close to levels of top exporter Saudi Arabia. Photo: Reuters

Oil edges up, but set for worst first-half performance in 20 years

1 min read . 23 Jun 2017