Oil prices/Crude oil

Stocks weather bond storm on return of AI euphoria, lower oil prices

The return of oil above US$100 a barrel has fuelled inflation fears, bolstering bets on multiple Federal Reserve rate hikes.

Oil extends rally as US-Iran deadlock keeps Hormuz shut

Fuel prices are displayed across from a US flag at a Shell station in Carson, California.

Asian and European stocks gain as oil slides, AI buzz lifts tech

The data hardware sector has been buoyed by strong consumer take-up of Meta’s Muse agent, which has topped US app download charts.

Oil holds near two-week lows on easing supply concerns

Drone attacks, which Saudi Arabia has blamed on Iraqi militia, forced the kingdom to shut its East-West pipeline on Sept 11.

News analysis

As the Houthis gain ground, Riyadh faces the painful reality of a hostile neighbour on its border

Houthi fighters firing at Saudi-backed forces in Yemen’s Al-Jawf governorate earlier in September.

South Korea keeps fuel cheap for holidays as fiscal cost mounts

The move offers some respite for high inflation but increasingly comes at a cost.

ComfortDelGro, Strides Premier, GrabCab extend temporary fare increases to end-November

Singapore’s largest taxi operator, ComfortDelGro, said it would extend its surcharge from Sept 30 to help drivers manage higher operating costs.

Philippine bus lines press Marcos for fare hike as fuel prices soar

Diesel powers most of the Philippines’ buses and the ubiquitous jeepneys.

Oil falls to two-week low as Gulf supply outlook improves

The Brent crude futures November contract rose US$1.14, or 1.1 per cent, to US$101.48 a barrel on Sept 22.

Saudi Arabia ramps up Gulf oil exports after pipeline attack, data shows

Fuel tanks at the fuel depot near King Khalid International Airport in Riyadh. Saudi Arabia has increased loadings from Gulf export terminals after an attack earlier this month disrupted shipments.

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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.