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KUALA LUMPUR: Key Asian markets including Bursa Malaysia fell on Tuesday as growing worries about the spread of the coronavirus from China to several countries spooked investors.
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday March 29.
SINGAPORE: Oil prices kicked off the week's trading with losses as concerns of a sharp economic slowdown outweighed supply disruptions from OPEC's production cutbacks and U.S. sanctions on Iran and Venezuela.
SINGAPORE/KUALA LUMPUR: Malaysian palm oil futures charted a third consecutive week of declines on Friday evening on concerns over demand from top buyers China and India, though prices reversed some losses to end the trading day slightly higher.
NEW YORK: Oil futures rallied about 2 percent on Wednesday as U.S. crude inventories unexpectedly fell and an official forecast of crude oil supply growth from the world's top producer was revised lower
SINGAPORE: Oil prices edged up on Monday after Saudi oil minister Khalid al-Falih said an end to OPEC-led supply cuts was unlikely before June, while a report showed U.S. drilling activity fell for a third straight week.
KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday March 8.
KUALA LUMPUR: Malaysian palm oil futures fell over 1 percent on Thursday, charting a second straight session of declines, on weaker related edible oils and bearish market outlook on palm prices and inventory levels.
NEW YORK: Crude oil futures were mixed on Wednesday after U.S. government data showed an unexpectedly sharp build in crude inventories, though a third straight drop in gasoline stocks supported prices.
NEW YORK: Oil prices held near flat on Tuesday as the market wavered on expectations that the United States and China would reach a trade agreement as early as this month while awaiting U.S. government crude inventory data.