Oil prices settle up 1% at 2-week high as Ukraine war intensifies
OIL prices climbed about 1 per cent on Friday (Nov 22), settling at a two-week high, as the intensifying war ...
Tag: Oil
Soybean, used cooking oil markets brace for more uncertainty as Trump tariffs loom
Prices may suffer, should Beijing – the world’s largest consumer and importer of soybeans – impose retaliatory taxesUNCERTAINTY reigns across ...
Oil settles down on strong US supply, losses capped by Ukraine escalation
OIL prices settled lower on Wednesday (Oct 20) after US crude and petrol stocks rose by more than expected last ...
Chris Wright: Trump Picks Oil Boss and Fracking Advocate to Head Department of Energy
President-elect Donald Trump said on Saturday that he has chosen longtime fracking advocate Chris Wright to head the Department of ...
Oil settles slightly higher, investors focus on steep draw in fuel stocks
Oil prices closed slightly higher in choppy trading on Thursday (Nov 14), as a steep draw in US fuel stocks ...
Bursa Malaysia aims to launch used cooking oil futures in Dec
BURSA Malaysia Derivatives Exchange (BMD) is planning to launch its new used cooking oil futures contract as early as December, ...
Opec again cuts 2024, 2025 oil demand growth forecasts
OPEC cut its forecast for global oil demand growth in 2024 and lowered its projection for next year on Tuesday ...
Nestle, P&G investigate palm oil sourcing after green group’s Indonesia deforestation report
CONSUMER brands including Nestle and Procter & Gamble (P&G) said they conducted investigations after an environmental group said palm oil ...
Oil settles down 2% on receding hurricane risk, lacklustre China stimulus
OIL prices settled more than 2 per cent lower on Friday (Nov 8) as traders grew less fearful of prolonged ...
Indonesia confident palm oil production can be increased to meet biofuel demand
INDONESIA’S chief economic minister said on Thursday (Nov 7) that he is confident palm oil production can be increased in ...
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