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Addressing unfair attacks on palm oil, the Malaysian Palm Oil Council’s new chief executive officer Dr Kalyana Sundram separates scare tactics from the science.
CRUDE oil prices have held up pretty well over the week. But the question on how long this will last remains. Rising geopoplitical tensions in the Middle East have been seen as the main driver of the rise in the price of crude oil over the week.
AS Malaysia steps into the second century of commercial oil palm planting, Sime Darby Plantation Sdn Bhd. Managing Director Datuk Franki Anthony Dass reiterated that the challenges facing the industry will only continue to intensify.
SINGAPORE: Oil prices rose on Tuesday, lifted by healthy demand and output cuts led by producer group OPEC.
KUALA LUMPUR: Tun Dr Mahathir Mohamad cooks with palm oil and he urges Malaysians to do the same.
PETALING JAYA: Crude oil prices have gone on a freefall, down by over 37% in less than three months. However, analysts foresee the bearish trend to be temporary, with higher oil prices in the offing next year.
JAKARTA:Malaysian palm oil futures suffered their biggest fall in more than 21 months on Monday after Indonesia, the world's top palm oil producer, announced measures to increase shipments.
SINGAPORE: Malaysian palm oil futures gained 1.8 percent on Wednesday with the market hitting its highest in more than two weeks, underpinned by rising crude oil prices.
HONG KONG: Rising oil prices are a double-edged sword for the world economy.
PETALING JAYA: Malaysia, Saudi Arabia, Nigeria, and Colombia are the clear-cut winners if the recent oil price rise continues and is more supply-side driven, says Nomura Global Markets Research