You have searched for "Oil Output"
Showing 1-10 of 2786
Oil prices rose on Tuesday as a supply crunch in natural gas, electricity and coal continued across the globe while falling temperatures in China revived concerns over whether the world's biggest energy consumer can meet domestic demand for heating.
PETALING JAYA: The plantation industry has been going on a joyride with crude palm oil (CPO) prices surging to record-high levels, but this trend may shift to a lower gear over the next few months.
TOKYO: Oil prices climbed on Thursday, reversing previous losses, as a bigger-than-expected draw in U.S. gasoline and distillate stocks prompted buying.
Oil dropped more than US$1 a barrel to around US$74 on Monday as rising risk aversion weighed on stock markets and boosted the US dollar, while more US Gulf oil output came back online in the wake of two hurricanes.
TOKYO: Oil prices hit a six-week high on Tuesday on concerns that another storm could affect output in Texas this week even as the U.S. industry struggles to return to normal production levels after Hurricane Ida wreaked havoc on the Gulf Coast.
Malaysian palm oil futures hit an over one-week low on Friday and logged a second straight weekly loss, hit by expectations of higher supply from major producers Indonesia and Malaysia.
KUALA LUMPUR (Reuters) - Crude palm oil (CPO) futures hit an over one-week low on Friday and logged a second straight weekly loss, hit by expectations of higher supply from major producers Indonesia and Malaysia
SINGAPORE: From congested streets to deserted highways, traffic conditions across Asia are shedding light on each nation’s battle to contain Covid-19 and maintain economic activity, which in turn affects oil consumption.