Oil
Oil posts weekly loss as markets weigh Chinese demand
OIL prices closed 1 per cent lower on Friday (Mar 8) and fell even more for the week as markets remained wary of soft Chinese demand even as producer...
Oil prices nearly flat as market weighs Chinese demand, North America supply increase
OIL prices were little changed on Thursday as markets weighed new economic data from China against increasing supply from the Western Hemisphere. Brent crude futures settled flat at US$82.96...
Oil prices up 1% on small build in US crude stocks, Fed rate cut remarks
OIL prices edged up about 1 per cent on Wednesday on a smaller-than-expected build in US crude inventories, a big withdrawal from distillate and petrol stocks and remarks by the...
MEJIA, ALIAKBARI: Red tape, uncertainty hurting oil and gas investment
Breadcrumb Trail LinksOpinionNewsColumnistsCanadaAlbertaPublished Mar 06, 2024 • Last updated 3 days ago • 3 minute read Regulatory uncertainty is hurting Canada's standing among investors. Postmedia, fileArticle contentGlobal oil demand is...
Mielke sees Malaysian palm oil price at RM3,800 to RM4,300 in next three months
MALAYSIAN palm oil price is seen trading in the range of RM3,800 to RM4,300 in the next three months as supplies tighten, leading industry analyst Thomas Mielke said on...
Saudis lift oil price to Asia after Opec+ extends output cuts
Saudi Arabia increased prices of its main oil grade to buyers in Asia next month after the Opec+ group agreed to extend output cuts into the middle of the...
Oil falls 1% on concerns over China’s economic growth plan
OIL prices fell nearly 1 per cent on Tuesday (Mar 5) as scepticism around China achieving its economic growth target and investors’ declining risk appetite countered a weaker US...
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 on Mar 18 to facilitate arbitrage between soyoil and...
