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SINGAPORE: Malaysian palm oil rose for a third consecutive session on Thursday buoyed by ongoing strength in rival oils on the Dalian Commodities Exchange, though a stronger ringgit capped gains
NEW YORK: Oil prices rose about 1% on Thursday after draws in U.S. fuel inventories, but gains were capped by a larger-than-expected rise in crude stockpiles and a series of weak economic figures.
HONG KONG/BEIJING (Reuters) - High-resolution satellite images show that the construction of China's first full-sized aircraft carrier is progressing steadily alongside expansive infrastructure work that analysts say suggests the ship will be the first of several large vessels produced at the site.
SINGAPORE: Malaysian palm oil futures rose over 1.5% on Wednesday after the government said it will import more products from top palm buyer India in a bid to mend relations following a row over Kashmir.
KUALA LUMPUR: CGS-CIMB Equities Research estimates that 19 of AET Tanker Holdings Sdn Bhd’s crude tankers, being 18.4% of its capacity days in fourth quarter 2019, may be caught in the web of US sanctions against Venezuela.
KUALA LUMPUR: CGS-CIMB Equities Research estimates that 19 of AET’s crude tankers, being 18.4% of its capacity days in 4Q19F, may be caught in the web of US sanctions against Venezuela.
KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trend lower next week on profit-taking after buying activity persisted this week with the exception of Friday, said a dealer.
Malaysian palm oil futures ended lower on Friday after five days of gains following news that India is considering restricting imports from Malaysia.
SINGAPORE: A supertanker owned by a subsidiary of COSCO Shipping Tanker (Dalian), under U.S. sanctions for allegedly transporting Iranian oil, has docked in Singapore to discharge Middle East crude, shipping data on Refinitiv Eikon showed on Thursday.
SINGAPORE: Malaysian palm oil futures rose for a fifth consecutive session on Thursday, buoyed by last-minute buying ahead of September data from the Palm Oil Board.