Oil ticks lower as Russia diesel supply prospects counter Gulf supply risks
OIL prices edged lower on Tuesday after climbing by nearly $2 a barrel in the previous session, as traders assessed supply risks from attacks on Saudi Arabia while weighing the prospect of additional diesel supplies from Russia.
Malaysia's total palm oil stocks surge 24.54% to 3.51mil tonnes in Sept
KUALA LUMPUR: Malaysia's total palm oil stocks rose by 691,835 tonnes, or 24.54 per cent, to 3.51 million tonnes in September this year from 2.8 million tonnes a month earlier, according to the Malaysian Palm Oil Board (MPOB).
Oil falls on hopes Russia-Ukraine energy ceasefire will boost supplies
SINGAPORE: Oil prices slipped on Monday on expectations of more Russian supplies after US President Donald Trump said Ukraine and Russia had agreed to halt attacks on each other's energy facilities following a US diesel-supply deal with Moscow.
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.
