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Energy Aspects founder Amrita Sen says the increased cost of shipping is the reason why Saudi Arabia cut prices of its benchmark grade to Asia. "It's costing about $30 per barrel right now to move oil from Hormuz to Asia," she tells Bloomberg Television. "The biggest issue is ship-to ship," she adds. (Source: Bloomberg)
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
KUALA LUMPUR: Asean+3 economies are projected to grow 4.1 per cent in both 2026 and 2027, despite the impact of the Middle East energy shock, according to the Asean+3 Macroeconomic Research Office…
KUALA LUMPUR, Oct 5 — The government has managed to reduce its subsidy expenditure by 40.1 per cent to RM23.43 bil...
Qatar Central Bank (QCB) and Euroclear on Monday announced their collaboration to establish a new international settlement link, making Qatari government bonds and sukuk Euroclearable, opening the…
The government is rolling out a new stimulus package to support consumer spending and employment in the fourth quarter of 2026, with some measures to remain in place after the turn of the year.
