Singapore’s Oil Party Spoiled by Falling Prices and China Gloom

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Singapore’s Oil Party Spoiled by Falling Prices and China Gloom

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08-09-2024, 11:50 AM

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Singapore’s Oil Party Spoiled by Falling Prices and China Gloom

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Singapore’s Oil Party Spoiled by Falling Prices and China Gloom

Traders, analysts and producers congregate for city’s oil week
China’s economy health, global oversupply to dominate talks

By Serene Cheong
September 8, 2024 at 8:00 AM GMT+8

The oil party isn’t over yet — but for top merchants and executives gathering for talks and rooftop cocktails in Singapore this week, the exuberance that came with the outsized profits of recent years is quickly fading.

China’s...

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