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* S&P 500 energy index up 1.4%, tracking higher oil prices O/R * Prices hover near two-week highs as attacks on Saudi Arabia overshadow prospects of higher supply from fresh Russian diesel exports and a Russia-Ukraine ceasefire on energy targets * Brent crude futures up 1.8% at $106.6 a barrel, after touching its highe
Market talk cites bargain hunting and expects El Nino could tighten the global palm oil balance in 2027, while elevated Malaysian inventories may weigh near-term CPO prices.
Palm oil rises in early Asian trading, supported by expectations of tighter global vegetable-oil supplies. El Nino risks and tightening supply are likely to further support crude palm oil prices, CIMB Securities analyst Ivy Ng Lee Fang says in a report. However, weaker export demand could limit gai…
Diamondback Energy gains as oil prices surge, boosting energy stocks. FANG shares increase in value.