With the long-anticipated threat of a major oil spill resulting from a Houthi attack on a tanker looming, international ...

On Monday, Bloomberg reported that the amount of crude oil held around the world on tankers that have been stationary for at least seven days rose to 60.76 million barrels as of September 27, which is ...

Singapore’s High Court approved former oil tycoon Lim Oon Kuin’s agreements to pay about $3.59 billion to the liquidators of ...

A Singaporean oil tycoon and his family have been ordered to pay $3.5 billion in compensation for a decade-long fraud scheme that defrauded a bank.

“Did you know that China Aviation Oil [CAO] has collapsed due to derivatives trading losses?” Gerald stifled a groan as he struggled to process how the Chinese state-linked giant – a ...

(Bloomberg) — Singapore’s High Court approved former oil tycoon Lim Oon Kuin’s agreements to pay about US$3.59 billion (S$4.6 billion) to the liquidators of his company and creditor HSBC Holdings Plc, ...

(Bloomberg) -- Singapore’s High Court approved former oil tycoon Lim Oon Kuin’s agreements to pay about $3.59 billion to the liquidators of his company and creditor HSBC Holdings Plc ...

Former oil tycoon OK Lim said he did not have the assets to settle his debts and will be applying for bankruptcy. (Reuters pic) The Singapore High Court approved former oil tycoon Lim Oon Kuin’s ...