Oil moves lower, with U.S. prices down by over 3% for the week
Oil prices have fallen against a backdrop of a “looming surplus, even as the U.S. appears headed for a soft landing,” said Michael Lynch, president of Strategic Energy & Economic Research. He pointed ...
Oil prices end higher after tapping a 2-week low
Oil futures finished higher on Wednesday as traders weighed prospects for energy demand, U.S. production, and oil and gas ...
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Palm oil drops for the third consecutive day due to weaker competitors and selling pressure
due to weakness in the prices of vegetable oils listed in Dalian and pressure from sellers in crude palm (CPO). The benchmark Bursa Derivatives Exchange palm oil contract closed down 23 ringgit or ...
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First Resources Reports Growth in 2024 Palm Oil Production
First Resources (Singapore) (SG:EB5) has released an update. First Resources Limited reported a positive growth in palm oil production for the first nine months of 2024, with a 4.5% increase in Fresh ...
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Palm oil suffers heavy losses in Dalian competitors oils
The prices of vegetable oils rivals in Dalian have been falling heavily, which has led to a fall in the palm oil futures in ...