Palm snaps four-session rally due to high stock prices
Malaysian palm futures ended a four session rally on Monday. They were weighed down by increased inventories but kept in check by expectations of declining?production and firmer demand. By the close, the benchmark palm oil contract…
The head of the car association says that demand for lithium batteries in China will fall by early 2026.
The secretary general of China's passenger vehicle association stated on Sunday that the demand for Chinese lithium batteries is likely to fall in early 2026, due to a predicted drop?in domestic sales of electric vehicles and a slowdown in battery exports.
Oil Prices Fall on Looming Supply Glut
Oil prices fell by more than $1 a barrel on Friday as investors weighed a looming global supply glut, while also keeping an eye on a potential Ukraine peace deal ahead of talks this weekend between Ukrainian President Volodymyr Zelenskiy and U.S.
US Natural Gas Futures Rise as Forecasts Predict Colder Weather
U.S. natural gas futures rose on Friday in thin-volume trading and were on track for a weekly gain, ending a two-week losing streak, as forecasts pointed to colder weather and increased demand in the weeks ahead.Front-month gas…
Palm oil gains weekly, reaches two-week peak on Dalian strength
Malaysian palm oils futures reached their highest level in two weeks on Friday, and recorded their first weekly increase?in three as Dalian oil boosted the?market. The benchmark March palm oil contract on Bursa Derivatives Exchange rose 50 ringgit or 1.24% to 4…
Ministry says that the technical problem at Iraq's Khor Mor Gas Field is causing a drop in power supply to Kurdistan.
The Kurdish Ministry of Electricity announced on Thursday that the electricity supply in Kurdistan had dropped by 1,000 megawatts because of a "technical problem" at the Khor Mor gas fields, one of the largest in the Kurdish Region.
Democratic Governors ask Trump Administration to lift the freeze on offshore Wind Projects
Four Democratic Governors wrote to U.S. Interior Secretary Doug Burgum wrote to the Trump Administration on Wednesday, requesting that it lift the halt placed on 'five offshore wind project on the U.S. East Coast. On Monday,…
Asia Spot LNG Prices Rise with South Korean Demand
Asian spot liquefied natural gas prices edged up this week as forecasts for colder weather boosted demand in South Korea, but overall weak buying in China left prices down 34% since the start of 2025.The average LNG price for…
London's FTSE 100 ends lower in a shortened Christmas Eve Session
Investors trimmed positions in pharma giants AstraZeneca & GSK in a shortened Christmas Eve session. The UK's blue chip FTSE 100 'closed down' 0.2% and moved sideways after hitting a 5-week high last 'week, following the Bank of England rate cut of 25 basis points.
Engineers say that Iraq's gas supply from Iran, which was halted for a while, is expected to resume within a week.
An?engineer from the?electricity ministry said on Wednesday that Iraq's gas supply from Iran should resume within a few days. The electricity ministry announced on Tuesday that gas flow from Iran has been stopped due to the shutting…
FTSE 100 ticks down in shortened Christmas Eve Session
The FTSE 100 dipped on Wednesday as gains in homebuilders were offset by losses in healthcare during a shortened Christmas Eve session. The UK blue-chip FTSE 100 fell?0.1% to 0936 GMT. It has been trading in a sideways fashion…
Palm oil prices remain stable as ringgit and rival oil are firmer.
Malaysian palm futures were little altered on Wednesday, ahead of the Christmas holidays. A strong ringgit offset higher soyoil prices and crude oil. At the midday break, the benchmark palm oil contract on the Bursa Derivatives exchange for delivery in?March?
S&P closes at record high as growth stocks surge
U.S. stock prices rose on Tuesday, and the S&P 500 closed at a record high. A flurry economic data including a reading for economic growth drove bond yields up and elevated "growth names". Commerce Department reported that gross…
Baker Hughes reports that US drillers have added oil and gas rigs to their fleet for the first time in 3 weeks.
Energy services firm Baker Hughes said that U.S. firms added oil and gas rigs this week for the first time in 3 weeks. The number of oil and gas rigs, a good indicator of future production, increased by three in the week ending December 23.
US Natural Gas Futures Rise Alongside LNG Export Demand
U.S. natural gas futures rose 4% on Tuesday, boosted by record gas flows to liquefied natural gas export plants and forecasts for more demand than previously expected over the next two weeks.Front-month gas futures for January…
Palm prices rise by more than 1% as soyoil prices firm up
Malaysian palm-oil futures rose more than 1% on Tuesday, for the second session in a row, thanks to higher soyoil prices. The benchmark palm-oil contract for?March delivery at the Bursa Derivatives Exchange rose 51 ringgit or 1.28% to 4,036 Ringgit ($994.09) per metric ton.
Indonesia allocates 15,65 million kilolitres for biodiesel in 2026
An official from the Indonesia Energy and Mineral Resources Ministry told us on Tuesday that the Ministry had signed a decree allowing it to allocate 15.65 million kilograms of palm biodiesel in order to meet its fuel blend mandate by 2026.
Palm prices rise for second consecutive session due to firmer soyoil Prices
The price of palm oil in Malaysia rose for the second consecutive session on Tuesday. This was due to higher soyoil costs and a stronger demand from China. By midday, the benchmark palm oil contract on the Bursa Derivatives Exchange for delivery in?March?
Wall Street Journal, December 23,
These are the most popular stories from the Wall Street Journal. The Wall Street Journal has not verified these stories, and cannot vouch for the accuracy of their content. Trump's administration has suspended the leases for?five?
Equinor has announced that it will comply with the stop-work order issued by the US Department of Energy for offshore wind projects
OSLO, December 22 - Norwegian Energy Group Equinor announced?on Sunday that it was complying?with a?stopwork order issued by the U.S. regarding its Empire Wind 1 off shore wind project and engaging authorities. On Monday, the U.S.