SGX reports record Q3

14 Oct 2005

Singapore Exchange (SGX) last week announced record quarterly results for the three months ending 30 September.

Net profit after tax and minority interests stood at S$45.3m ($26.7m) representing the best individual quarterly performance since the exchange went public in...

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“One of our key predictions for 2011 was that geopolitical tensions will simmer more vigorously this year, particularly in the context of a market in which incremental non-Opec volumes are becoming more difficult to bring on stream and in which Opec spare capacity gets more noticeably stretched.”

BarCap's 2011 oil outlook looks increasingly accurate.