World’s biggest palm oil exchange to launch soyoil futures
BURSA Malaysia Derivatives Exchange (BMD), the world’s leading exchange for crude palm oil futures, will launch a soyoil futures contract ...
Tag: Oil
Oil settles lower on weak demand despite Opec+ cut extension
OIL prices settled slightly lower on Monday, as demand headwinds counterbalanced a widely expected extension of voluntary output cuts through ...
Oil nudges higher after Opec+ extends output cuts
OIL prices nudged higher on Monday after Opec+ members agreed to extend voluntary oil output cuts to the end of the second quarter, ...
China barred from buying US oil reserves in funding bill
CHINA would be barred from buying oil from the United States’s emergency stockpiles under a provision included in must-pass government ...
Oil climbs 2%, notches weekly gains ahead of Opec+ decision
OIL prices rose 2 per cent on Friday (Mar 1) and posted weekly gains as traders awaited an Opec+ decision ...
Oil inches down as US inflation data, rising Opec output weigh
OIL prices edged lower on Thursday as US inflation data implied a softening of the world’s biggest economy that could weaken ...
China Aviation Oil H2 profit up 187.1% to US$39 million amid air travel recovery
CHINA Aviation Oil (CAO) registered a 187.1 per cent rise in net profit to US$39 million for its second half-year ...
China Aviation Oil H2 profit up 182% to US$39.1 million amid air travel recovery
For the full year, net profit was up 75.5 per cent to US$58.9 million from US$33.5 million in FY2022. Revenue ...
First Resources H2 profit falls 62.5% on palm oil price downturn
FIRST Resources posted a 62.5 per cent drop in net profit to US$73.9 million for its second half year ended ...
Oil gains on potential Opec+ cuts, curbed by jump in US crude stocks
OIL prices rose marginally on Wednesday as the prospect of delays to US interest rate cuts and a higher-than expected rise ...
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