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SINGAPORE: Former oil tycoon Lim Oon Kuin, better known as OK Lim, and his two children have consented to a judgment of US$3.5 billion (S$4.5 billion) being entered against them. At the same time ...

Singapore oil tycoon Lim Oon Kuin is facing 20 years in prison for deceiving lender HSBC in one of Singapore’s biggest trading scandals in the energy sector. A prosecutor this week recommended the ...

SINGAPORE: Prosecutors are seeking 20 years' jail for the founder of collapsed oil trading firm Hin Leong Trading Lim Oon Kuin, for cheating a bank and abetting forgery involving US$111.7 million ...

SINGAPORE: Singapore’s former oil tycoon Lim Oon Kuin will be sentenced on November 18 for cheating and forgery in a trading scandal that will go into the history books as one of the biggest in ...

NEW YORK, Oct 17 (Reuters) - Oil prices inched up on Thursday, bouncing back from two-week lows, after data showed falling crude and fuel inventories in the United States. Brent crude futures ...

1545 GMT – Oil price gains eased in late afternoon trade in Europe after a meeting of top OPEC+ ministers kept policy unchanged—including a plan to start raising output in December—bringing ...

The issue of control over the country’s oil revenues remains unresolved ... s refusal to step down in Venezuela, diplomatic warfare is intensifying in the region, with Venezuela and Argentina ...

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HOUSTON, Oct 14 (Reuters) - Oil prices fell 2% on Monday as OPEC again lowered its outlook for 2024 and 2025 global oil demand growth while China's oil imports fell for the fifth straight month.

It symobilizes a website link url. Copy Link A report that Saudi Arabia would ditch its unofficial crude price target sent crude oil prices sharply lower on Thursday. According to sources that ...