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Oil prices/Crude oil

Why the US economy looks strong but feels bad to many

Since the end of 2019, overall consumer prices in the US are up by about 30%. Groceries are 32% more expensive.
Since the end of 2019, overall consumer prices in the US are up by about 30%. Groceries are 32% more expensive.

Oil climbs on signs US may resume military strikes against Iran

An oil drilling rig outside of Midland, Texas, on Oct 15. West Texas Intermediate gained toward US$103 a barrel, after swinging more than US$3 in the previous session.
An oil drilling rig outside of Midland, Texas, on Oct 15. West Texas Intermediate gained toward US$103 a barrel, after swinging more than US$3 in the previous session.

US couple sold up to retire at sea – and then their dream ran aground in Cambodia

American couple Paul and Lynn Montoya lived on a residential cruise ship for 17 months before they were told to disembark at a port in Cambodia.
American couple Paul and Lynn Montoya lived on a residential cruise ship for 17 months before they were told to disembark at a port in Cambodia.

TotalEnergies profit hits record on high oil prices

TotalEnergies said the surge in profits would be reflected in a higher dividend for shareholders.
TotalEnergies said the surge in profits would be reflected in a higher dividend for shareholders.

Shell reports second-highest profit ever as oil refining hits record

Adjusted net income surged to US$10.8 billion (S$13.8 billion) in Q3, the London-based major said on Oct 29.
Adjusted net income surged to US$10.8 billion (S$13.8 billion) in Q3, the London-based major said on Oct 29.

Oil declines as traders parse signs of fresh diplomacy on Iran

Iran said it will continue giving diplomacy a chance while US President Donald Trump said negotiations were taking place through mediators.
Iran said it will continue giving diplomacy a chance while US President Donald Trump said negotiations were taking place through mediators.

News analysis

As Iran war drags on, airlines pull back on fuel hedges and warn of rising fares

AirAsia CEO Tony Fernandes says the Malaysian budget carrier was mostly done with hedging and was budgeting for 12 months of high oil prices.
AirAsia CEO Tony Fernandes says the Malaysian budget carrier was mostly done with hedging and was budgeting for 12 months of high oil prices.

‘Don’t panic’: Marcos vows to defend Philippine peso after slide to record low

Jeepney drivers and consumer advocates hold a rally to protest soaring oil prices that have sunk the peso.
Jeepney drivers and consumer advocates hold a rally to protest soaring oil prices that have sunk the peso.

Sea freight, postal service providers in S’pore charging more after Middle East conflict: SingStat

The price increases were particularly pronounced in the sea freight transport, freight forwarding, and postal and courier segments.
The price increases were particularly pronounced in the sea freight transport, freight forwarding, and postal and courier segments.

Oil holds decline as traders track result of Israeli election

West Texas Intermediate steadied near US$100 a barrel after falling more than 3% over two sessions. Brent closed below $114.
West Texas Intermediate steadied near US$100 a barrel after falling more than 3% over two sessions. Brent closed below $114.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.