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Business

Malaysian palm oil/Vegoils: Market factors to watch Friday March 29

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday March 29.

Business

Oil prices slide on concerns of sharp economic slowdown

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.

Business

Malaysian palm oil price charts 3rd weekly loss on demand woes

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.

Business

Oil price up after US crude stock draw, supply growth seen easing

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

Business

Oil price rises as Opec's output cuts set to continue

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.

Business

Malaysian palm oil/Vegoils: Market factors to watch Friday March 8

KUALA LUMPUR: The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets on Friday March 8.

Business

Malaysian palm oil price falls 1% on weaker edible oils, bearish outlook

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.

Business

Oil prices end mixed after US crude stocks build sharply

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.

Business

Oil price little changed as market awaits US-China trade deal

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.