September
Oil Set for First Quarterly Drop Since 2020 as Macro Mood Sours
Oil headed for its first quarterly loss in more than two years as escalating fears over a global economic slowdown and a stronger dollar overshadowed the prospect for tightening supply.
Keppel O&M secures FPSO contract worth US$2.8 bln from Petrobras
Singapore’s Keppel Offshore & Marine has won a tender from Brazil’s Petrobras to build a Floating Production, Storage and Offloading FPSO vessel for US$2.8 billion.
Oil Rises as US Crude Inventories Show First Decline in a Month
Oil extended gains after a US government report showed crude stockpiles fell for the first time in a month and demand for fuel improved.
