Oil jumps 4% on Mideast tensions, hurricane disruptions
Oil prices settled 4% higher on Thursday on revived concerns about the ongoing war in the Middle East and growing supply disruptions due to a hurricane approaching the US Gulf Coast.
Gold pauses decline after two-month low as traders weigh US Fed move
GOLD prices steadied on Thursday after sliding to a two-month low in the previous session, as investors assessed the likelihood of another US Federal Reserve interest rate hike before year-end.
Oil rises as Middle East supply concerns persist amid shipping attacks
PERTH: Oil prices rose on Thursday on persistent worries about supply from the key Middle East producing region amid an increase in attacks on shipping in the Gulf and the Strait of Hormuz, while the US cut output as a hurricane menaced offshore production.
Oil slips as IEA speeds up stock release
Oil prices settled lower on Wednesday following a choppy session after the International Energy Agency agreed to speed up a release of oil stocks and prioritise diesel in a bid to curb record-high fuel prices as the Iran war squeezes global supplies.
CPO resilient
Crude palm oil (CPO) production is expected to experience only a slight decline moving into 2027 despite the prevailing El Nino weather pattern, avoiding the severe production shortfalls anticipated in Indonesia.
Malaysia has potential to exceed 2026 palm oil production target, says Noraini
KUALA LUMPUR: Malaysia is on track to exceed its palm oil production target for 2026, following encouraging production performance, said Minister of Plantation and Commodities Datuk Seri Dr Noraini Ahmad.
Oil prices rise as storms and air strikes threaten supply
PERTH: Oil prices rose on Wednesday as the market weighed supply constraints from a storm heading for US oil-producing regions and attacks by Yemen's Iran-backed Houthis on Saudi Arabia against increased supplies of Middle East crude.
Oil steady amid supply risks, rising Mideast exports
Oil prices were little changed on Tuesday after recovering earlier losses, as the market weighed increases in Middle Eastern crude exports and a planned Group of Seven release of emergency diesel and crude stockpiles against supply concerns related to attacks by Yemen's Iran-backed Houthis.
The best oil palm is the one we can harvest
AS a plant breeder by training, I know the seductive power of a beautiful number. I also left plant breeding with one lesson firmly planted in me: breeding demands extraordinary patience.
Persistent oil surge fuels inflation concerns
LONDON: Hundred-dollar oil is hard to leave behind. The amount of crude flowing from the Middle East has almost returned to levels last seen before the United States and Israel attacked Iran, triggering one of the biggest supply disruptions in history.
