Bousso: New oil quotas system to spur spending with ROI-OPEC+
The changes OPEC+ makes to its oil production quotas will likely trigger a wave upstream investment among members, especially in low-cost Gulf producers. This will reduce concerns about long-term shortages of supply. The Organization of the Petroleum…
Bousso: New oil quotas system to spur spending with ROI-OPEC+
The changes OPEC+ makes to its oil production quotas will likely trigger a wave upstream investment among its members, especially in low-cost Gulf producers. This will reduce concerns about long-term shortages of supply. OPEC+ (Organization of the…
Palm oil rises as Chicago soyoil and crude oil strengthen
The price of Malaysian palm oils futures increased on Tuesday as a result of higher Chicago crude oil and soyoil prices. A weaker ringgit was also a factor. By midday, the benchmark palm oil contract on Bursa Derivatives Exchange for February delivery had gained 38 ringgit or 0.93% to 4…
Palm oil prices rise before the Dalian trading stoppage
The Globex electronic trading system was down on Friday, and all Bursa Malaysia derivatives were affected. The benchmark palm-oil contract for February delivery at the Bursa Derivatives exchange gained 22 ringgit or 0.54% to 4,112 Ringgit ($995.88).
Dalian's strength and VEGOILS extends its advantage over Malaysian weather concerns
Malaysian palm futures rose for the second session in a row on Thursday. This was due to production concerns caused by adverse weather conditions and the tracking strength of rival Dalian edible oil. The benchmark palm-oil contract for February…
VEGOILS - Palm extends its gain over Malaysia weather concerns and Dalian strength
Malaysian palm futures rose on Thursday for the second session in a row, boosted by concerns about production due to bad weather and the strength of rival Dalian edible oil. By midday, the benchmark palm oil contract on Bursa Malaysia's Derivatives…
Malaysia palm oil exports from China fell by almost 29% in October
Malaysian palm oil exports fell by nearly 29% to China in the first ten months of 2025. This was announced on Thursday by the plantation and commodities Minister. In his opening remarks at a industry dialogue, Johari Abdul-Ghani stated that the decline is indicative of deeper challenges…
Palm snaps a four-day losing streak in Chicago soyoil strength
The market recovered after four consecutive sessions of losses on Wednesday, as the Chicago soyoil price and Dalian palm oils prices rose. At closing, the benchmark palm oil contract on Bursa Derivatives Exchange for February delivery gained 32 ringgit (0.8%)…
Palm tracks Chicago soyoil to break four-day losing streak
The price of Malaysian palm oils futures increased on Wednesday, after four consecutive sessions of declines. This was due to higher prices for Chicago soyoil as well as Dalian palm oil. By midday, the benchmark palm oil contract on Bursa Derivatives…
What might Maduro have to offer Trump? What could Maduro offer Trump in potential talks?
Venezuelan President Nicolas Maduro is in a position to use crude oil cargoes that Venezuela sells mainly to China as a bargaining tool if Venezuela decides to negotiate with the United States. The Trump administration has increased its military…
BB Energy, a Houston-based trader, has parted ways with several Houston traders as part of a major reorganization.
Sources familiar with the situation said that commodities trader BB Energy laid off more than a dozen employees from its Houston office and parted ways with some oil traders as part of a major restructuring. A spokesperson for BB Energy confirmed…
Commodities trader BB Energy lays some Houston traders off in major reorganization
Sources familiar with the situation said that BB Energy, a commodities trader, has cut over a dozen employees from its Houston office. This includes oil traders. The move is part of a major restructuring. A spokesperson for BB Energy confirmed that…
Palm drops by over 2% and posts a weekly loss due to weak demand and a strong ringgit
The price of Malaysian palm oils futures fell by more than 2 percent on Friday. This erased earlier gains and led to a loss for the week, due to weak demand, as well as a strong ringgit. At the close, the benchmark contract for palm oil delivery…
Palm oil reaches almost a three-week high due to strong soyoil
Supported by higher soyoil, Malaysian palm oil prices rose for the fifth straight session to close at their highest level in nearly three weeks. The benchmark contract for palm oil delivery in January on the Bursa Derivatives Exchange rose 17 ringgit (0.4%) to 4,226 Ringgit ($1,018.80).
Palm oil rises with stronger Chicago soyoil
The price of palm oil in Malaysia rose for the fourth consecutive session on Tuesday. This was due to higher soyoil futures prices in Chicago after China bought American soybeans. At midday, the benchmark palm oil contract on Bursa Derivatives Exchange…
Palm extends its gains as it faces Indonesian output risks and a softer ringgit
Malaysian palm futures rose for the third consecutive session on Monday, thanks to a weaker ringgit as well as bullish predictions from industry analysts. At midday, the benchmark palm oil contract on Bursa Derivatives Exchange for January delivery gained 13 ringgit or 0.31% to 4…
Palmetto set to decline for fifth week on weak November demand and elevated stocks
Malaysian palm futures fell on Friday. The market is now poised to experience a fifth consecutive weekly decline due to the weak demand for palm oil in November. A stronger ringgit, along with the expectation of higher inventories, are all contributing factors.
Palmetto closes slightly higher, despite increasing production and India demand concerns
Malaysian palm futures ended Thursday on a higher note, despite increasing production expectations and concerns about demand from India, the country's largest buyer. At the close, the benchmark contract for palm oil delivery in January on Bursa Derivatives Exchange rose by 2 ringgits, or 0.05%.
Palm oil prices fall on expectations of rising supply and a weaker Dalian palm oil
The price of Malaysian palm oil futures fell on Thursday, as the market was impacted by rising production expectations and the weaker Dalian palm oil. By midday, the benchmark palm oil contract on Bursa Malaysia's Derivatives exchange for January delivery had fallen 4 ringgit (0.1%)…
Palm ends two-day gains with firmer Ringgit
The market for Malaysian palm oils futures ended two sessions of gains in a row on Wednesday as the ringgit strengthened, making the commodity more costly to buyers who hold foreign currencies. At the close, the benchmark contract for palm oil delivery…