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KUALA LUMPUR: The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is likely to trade in a profit-taking mode of between RM2,020 and RM2,080 per tonne next week, said a dealer.
CHICAGO: A U.S.-China trade deal appeared elusive on Friday after Chinese officials unexpectedly cancelled a visit to farms in Montana and Nebraska amid two days of ongoing talks in Washington.
NEW YORK: Oil prices eased on Friday on renewed concern over the U.S.-China trade war, but futures still posted weekly gains, with Brent marking its biggest weekly increase since January, after an attack on Saudi Arabia's energy industry last weekend.
NEW YORK: Wall Street dropped on Friday, and also finished the week lower, after a Chinese agriculture delegation canceled a planned visit to Montana, dampening optimism about U.S.-China trade talks
Renewable energy seems to be the buzzword these days. Everybody have a view on renewable energy, whether it is solar, bio-diesel or hydro. They all seem to think that it is good that Malaysia is talking about renewable energy in a big way.
JAKARTA: Wildfires, smoke and drought are inflicting an increasingly painful toll on Indonesian agriculture, hurting everything from oil palm plantations to rubber trees and rice fields.
HOUSTON: Brent crude oil prices rose more than 1% on Thursday on fears of longer-than-expected supply shortfalls following Saturday's attacks on a key Saudi Arabian oilprocessing facility and escalating tensions in the Middle East.
SINGAPORE: The dollar found broad support on Thursday after the U.S. Federal Reserve cut interest rates, as expected, but offered mixed signals about future easing, while weak employment figures hit the Australian currency.
KUALA LUMPUR: Blue chips extended their decline in early Thursday trade in the absence of strong fund leads for investors but tech-related stocks offered some glimpse of opportunity.
NEW YORK: Oil prices retreated about 2% on Wednesday, extending the previous day's declines after Saudi Arabia said it would quickly restore full production following last weekend's attacks on its facilities and as U.S. crude stockpiles rose unexpectedly.