Tag: crude oil
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Palm rises on stronger rivals, crude oil
KUALA LUMPUR, July 8 : Malaysian palm oil futures climbed on Wednesday, tracking gains in rival edible oils and as crude oil prices rose on fresh U.S.-Iran tensions.The benchmark palm oil contract for September delivery on the Bursa Malaysia Derivatives Exchange gained 21 ringgit, or 0.46 per cent, to 4,568
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CNA Explains: Crude oil prices have fallen. Will petrol prices follow?
Motorists should not expect to pay pre-conflict prices at the pump anytime soon, analysts say.
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Asian stocks fluctuate after Wall Street sell-off, crude holds losses on peace talks
HONG KONG: Asian equities fluctuated on Tuesday (Jun 23) following a tech-led sell-off on Wall Street as investors again questioned a long-running AI-fuelled boom, while crude largely held losses that came on the back of positive US-Iran talks.While Washington and Tehran flagged
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Trump says US will seize Iran’s Kharg Island and other oil terminals
Trump’s social media post comes after the US and Iran traded strikes for a third day, pushing the region closer to the resumption of a full-scale war.
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Hormuz block sparks ‘never seen before’ disruption: Shell CEO
More than 10 per cent of global oil production has been removed from the market since the start of the Middle East war, Shell CEO Wael Sawan told a summit of top business leaders.
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China a ‘very big problem’ for EU sanctions against Russia: O’Sullivan
Exclusive: As the bloc readies its 21st sanction package against Russia for the country’s ongoing invasion of Ukraine, the EU Sanctions Envoy David O’Sullivan revealed to Euronews that Beijing remains a “very big problem” for the efficacy of measures. #EuropeToday
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