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(Update with midday break prices, add trader's comment) JAKARTA, Oct 14 (Reuters) — Malaysian palm oil futures rose for a third consecutive session on Wednesday, buoyed by stronger crude oil prices and gains in rival edible oils on the Dalian market. The benchmark palm oil contract for December delivery on the Bursa Ma
Oil prices climbed after two vessels were struck in the Strait of Hormuz. Iranian officials told Reuters Tehran was deploying new tactics to target ships.
US lawmakers say Trump-Putin fuel deal may breach Russian energy import ban OPEC+ says freight, insurance costs exceed one-third of commodity value OPEC cuts yearly oil demand growth forecast to 400,000 bpd By Anjana Anil Oct 12 (Reuters) — Oil prices edged lower on Tuesday after climbing by nearly $2 a barrel in the p
US Central Command says that commercial maritime traffic through the Strait of Hormuz increased on Saturday, even as Iran announced the closure of the vital waterway. Safe passage remained intact, with 55 merchant ships transiting the Strait, US Central Command said in an X post on Saturday. The vessels moved more than