Jessica Jaganathan

Oil prices steady after falling on signs U.S. may release more reserves

Nov 10 2021

SINGAPORE, Nov 11 Oil prices were steady on Thursday after falling in the previous session on concerns rising inflation in the United States, spurred by climbing energy costs, may prompt the government to release more strategic crude stockpiles to drive down prices.

Asia LNG prices slip below $30/mmBtu as supply improves in Europe

Nov 05 2021

SINGAPORE Asia liquefied natural gas (LNG) prices fell for a third straight week, as improved gas supply in Europe reduced the competition for LNG in Asia, though losses were limited by fresh demand from Pakistan and Turkey.

Oil prices fall as industry data shows big build in U.S. inventory

Nov 02 2021

SINGAPORE, Nov 3 Oil prices fell on Wednesday as industry data pointed to a big build in crude oil and distillate stocks in the United States, the world's largest oil consumer, and as pressure mounted on OPEC to increase supply.

UPDATE 2-Pakistan LNG issues emergency LNG tender after term cargoes cancelled

Nov 02 2021

SINGAPORE, Nov 2 Pakistan LNG is seeking two liquefied natural gas (LNG) cargoes for delivery in November through an emergency tender after its term suppliers cancelled delivery of cargoes, two industry sources said on Tuesday.

Oil prices rise on slow OPEC oil output increase

Nov 01 2021

SINGAPORE, Nov 2 Oil prices rose on Tuesday as key producer group OPEC undershot its expected pace of output increases last month, while the world's top oil consumer China ramped up operating rates to meet a spike in diesel demand.

GLOBAL LNG-Asia LNG prices fall for second week on better supply outlook

Oct 29 2021

* Tracks losses in European gas prices as Russia may fill storage

Japanese buyers scout for gas cargoes to prepare for winter peak

Oct 28 2021

SINGAPORE Japanese buyers of liquefied natural gas (LNG) are scouting for cargoes to ensure they have adequate supplies of the super-chilled fuel to meet peak heating demand this winter, industry sources told Reuters.

UPDATE 1-Singapore court dismisses oil tycoon family's appeal against Ocean Tanker suit

Oct 28 2021

SINGAPORE, Oct 28 Singapore's highest court has dismissed an appeal by oil tycoon Lim Oon Kuin and his two children after they were successfully sued for breach of fiduciary duties by the court-appointed managers of a company they once owned.

LNG demand to rise 25-50% by 2030, fastest growing hydrocarbon - Morgan Stanley

Oct 25 2021

SINGAPORE, Oct 25 Demand for liquefied natural gas (LNG) is expected to rise by 25 to 50% by 2030, making it the fastest growing hydrocarbon over the next decade, analysts from Morgan Stanley Research said in a note on Monday.

Singapore plans electricity imports to boost security, diversify supply

Oct 25 2021

SINGAPORE (Reuters) -Singapore plans to import up to 4 gigawatts (GW) of low-carbon electricity by 2035, or about 30% of its total supply, trade and industry Minister Gan Kim Yong said on Monday, to diversify supply and boost energy security.

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