$RH PetroGas(T13.SG)$$Rex Intl(5WH.SG)$$Dyna-Mac(NO4.SG)$$Crude Oil Futures Main(MAR3)(CLmain.US)$ Crude oil prices tumbled about 3% on Fri after a sterling U.S. jobs report for Jan bumped up the dollar from 10-month lows which weighed on commodities and as investors sought more clarity on the imminent EU embargo on Russian refined products. Some 517,000 jobs were added last month, the Labor Department's NFP, or nonfarm payrolls, report said. That was almost 3 times above the forecast growth of ...
$RH PetroGas(T13.SG)$$Rex Intl(5WH.SG)$$Dyna-Mac(NO4.SG)$$Crude Oil Futures Main(MAR3)(CLmain.US)$ Crude prices tumbled almost 3% from a 6th straight weekly build in U.S. stockpiles and OPEC+'s decision to leave production levels unchanged. Brent crude for Mar delivery settled down almost 3% to USD82.84 while WTI crude for Mar also settled down almost 3% to USD76.41. U.S. crude inventories rose by 4.14m barrels during the week ended Jan. 27, the EIA. The build was above the 0.376m forecast by in...
$Rex Intl(5WH.SG)$$RH PetroGas(T13.SG)$$Dyna-Mac(NO4.SG)$$Crude Oil Futures Main(MAR3)(CLmain.US)$ Crude prices settled mixed on Tue as expectations for a U.S. inventory drop and a smaller Fed rate hike for Feb faced off with negative connotations linked to a likely OPEC+ decision to keep production steady. A weaker dollar and an uptick in Nov demand for U.S. crude and petroleum products, reported belatedly by the EIA, also bolstered prices. Separately, the EIA is expected to report on Wed the f...
$RH PetroGas(T13.SG)$$Rex Intl(5WH.SG)$$Dyna-Mac(NO4.SG)$$Crude Oil Futures Main(MAR3)(CLmain.US)$ Oil erased its Jan rally on Fri after crude prices posted their first weekly loss in 3 weeks and the second one for the month on reports of a surfeit of unexpected Russian supply headed for the market and signs that U.S. economic concerns were as important as bullish optimism over Chinese oil demand. Brent crude for Mar delivery finished down almost 1% at USD86.66. Brent fell 1.1% on the week after...
$RH PetroGas(T13.SG)$$Rex Intl(5WH.SG)$$Dyna-Mac(NO4.SG)$$Crude Oil Futures Main(MAR3)(CLmain.US)$ Oil's rally extended on Thu as upbeat U.S. economic data helped crude futures rise while lower-than-usual refinery runs pushed up retail prices of gasoline at pumps across America. Brent crude for Mar delivery settled up 1.6% at USD87.47. WTI crude for Mar settled up 1.1% at USD81.01. U.S. refinery runs have fallen below seasonal norms due to inclement weather and unplanned outages that have sent r...
Dyna-Mac Holdings Ltd is a Singapore based investment holding company engaged in providing services for marine and oil and gas industries. It provides engineering, fabrication, and construction of offshore FPSO (floating production storage offloading) and FSO (floating storage offloading) topside modules as well as onshore plants and other sub-sea products for the oil and gas industries. The operating segments of the group are Module business and Ad-hoc projects. It derives maximum revenue from the Module business segment involves detailed engineering, procurement, and construction of topside modules for FPSOs and F-LNG (floating liquefied natural gas). The group operates in the Asia Pacific, Europe, and the Americas, of which maximum revenue is generated in Europe.