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SINGAPORE: Russian oil producers have strengthened their position in Asia by supplying nearly a quarter more crude this year, shifting the balance of power in one of the few bright spots in the global market and blunting Opec's high-profile drive to win customers.
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday Dec 18 2015.
PETALING JAYA: Key regional markets, including Bursa Malaysia, reacted positively to the United States Federal Reserve’s (Fed) first interest rate hike in nine years, although concerns linger on the impact to be felt on the future rate hikes anticipated to take place next year.
KUALA LUMPUR: The Government will have to review Budget 2016 should the price of Brent Crude remain at current levels.
SINGAPORE: Singapore's exports unexpectedly fell in November, dented by a continued contraction in shipments to China, its biggest export market, and as weak external demand clouded the outlook for the city-state's trade sector.