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Malaysian palm oil futures extended recent declines, hovering near MYR 4,600 per tonne to notch their lowest level since mid-July, pressured by weaker soyoil prices and sluggish exports. Cargo surveyors Intertek Testing Services and AmSpec Agri Malaysia reported that Malaysian palm oil product exports fell 17.1%-28.8%
NEW DELHI, Sept 24 (Reuters) — Asia's naphtha prices rose on Thursday, in line with crude oil benchmarks, as supplies from the Middle East remained scarce, traders said. The price for first-half November cargo rose by $11.50 to about $927 per metric ton. The crack for naphtha declined to about $131 per ton over Brent c
BEIJING, Sept 20 (Reuters) — China's crude oil imports from Russia stood at 11.2 million metric tons in August, or 2.64 million barrels per day (bpd), up 41% from a year earlier and 23% from July. Imports from Malaysia, the largest transshipment hub for sanctioned Iranian oil, reached 2.6 million tons, or 620,000 bpd,
Energy disruptions from an escalating Middle East conflict spilled into the world’s largest market for imported crude. Oil prices in China hit record highs Wednesday, as energy disruptions from an escalating Middle East conflict spilled into the world’s largest market for imported crude. China has helped keep oil price
China’s Crude Oil Imports Surge
US June CPI Key For Fed Inflation And Policy Outlook - Fed Hike Bets Mount Ahead Of US Inflation Data, Warsh Testimony - Fed Waller: May Need To Raise Rates To Tame Core Inflation - US Completes Strikes Against Iran While Tehran Targets Gulf Neighbours - Trump Reinstates Iran Blockade, US To Charge 20% On Hormuz Cargo