Palm climbs on stronger oil rivals, signs of export recovery
Malaysian palm oils futures rose by more than 1% Wednesday after falling the previous session. This was due to stronger competitor oils and improved export demand from India and China. At midday, the benchmark palm oil contract for?March delivery…
Oil Prices Surge Ahead of Possible Iranian Supply Disruptions
Oil prices surged by about 3% on Tuesday as the prospect of disruptions to Iranian crude exports overshadowed possible increased supply from Venezuela.Brent futures LCOc1 jumped $1.88, or 2.9%, to $65.75 a barrel by 11:07 a.m. EST (1607 GMT), hovering around a three-month high. U.S.
Palm slips due to uncertainty about Indonesia's B50 mandate
The price of Malaysian palm oils reversed its gains on Tuesday to close lower, despite the fact that stronger competitor?oils, and positive cargo surveyor data, capped the?decline. At the close, the benchmark March palm oil contract on Bursa Derivatives Exchange fell 27 ringgit or 0.66% to 4…
Palm prices are little changed, traders say
Malaysian palm futures were mostly flat on Monday, as traders assessed the demand and supply data from the palm oil board. By midday, the benchmark palm 'oil contract on the Bursa Malaysia Derivatives Exchange for March delivery had gained 3 ringgit (0.07%) to 4,039 Ringgit ($993.85) per metric ton.
Malaysian palm oil set to gain weekly on rival oils with Indonesia levied plan
Malaysian palm oils futures were up for a third session on Friday, and they are expected to rise weekly. This is due to the strength of rival edible oils on the Dalian and Chicago Exchanges as well as Indonesia's plans to increase its palm oil export tax.
VEGOILS - Palm rises again for a second meeting on Indonesia's plan to raise the levy
The price of Malaysian palm oils futures increased for the second session in a row on Thursday. This was largely due to Indonesia's plans to increase?palm export levies, but pressure from rising stock expectations?limited gains. The benchmark palm…
Oil Edges Lower as US Reaches Import Deal with Venezuela
Oil extended declines on Wednesday as investors digested statements from President Donald Trump that the U.S. had reached a deal to import up to $2 billion worth of Venezuelan crude, a move that would lift supplies to the world's largest oil consumer.Brent crude futures were down 40 cents…
Palm oil futures are up on the back of gains in rival oils and ringgit weakness
The price of Malaysian palm oils futures rose on Wednesday as a result of the strength of soyoil in Dalian and Chicago. Weakness?in ringgit also added to support. By midday, the benchmark contract for?palm?oil delivery in March on the Bursa Derivatives Exchange had gained 14 ringgit or 0.35% to 4…
ROI-Trump's Venezuela oil grab revives 'petrodollar' debate: McGeever
The arrest and capture of Venezuelan president Nicolas Maduro by the United States on Saturday was likely motivated by many factors, but one that has been little discussed is the White House's concern about the declining global prominence of "petrodollar".
Palm oil falls on stronger Ringgit, but rivals make up losses
The price of Malaysian palm oil futures fell on Tuesday, as the strength in edible oils at the Dalian commodity exchange was outweighed by the firmer ringgit. Meanwhile, market participants were awaiting data from the Palm Oil Board that will be released next week.
Palm oil falls on stronger Ringgit, but rivals make up losses
Malaysian palm futures fell on Tuesday, as the weaker ringgit overshadowed 'the strength of rival edible oils from Dalian and Chicago. Market participants were waiting for further information to be released by the Malaysian Palm Oil Board next week.
Palm oil prices rise on the back of a weaker ringgit
Malaysian palm futures edged higher on Monday, after two straight sessions of losses. A weaker ringgit made the vegetable oil more affordable for holders of foreign currencies. By midday, the benchmark palm oil contract on Bursa Derivatives Exchange for March delivery gained 8 ringgit (0.2%)…
Oil Prices Fall After Biggest Annual Loss Since 2020
Oil prices dipped on their first trading day of 2026 after registering their biggest annual loss since 2020 as investors weighed oversupply concerns against geopolitical risks, including the war in Ukraine and Venezuela exports.Brent crude futures lost 55 cents to $60.29 a barrel by 11:16 a.m.
Palm oil to end with a nearly 9% decline by 2025
Malaysian palm futures ended lower on Wednesday, as participants in the market booked profits before?the New Year holidays. The volatile year was rounded off with a 9% loss due to geopolitical uncertainty and tariff concerns. The benchmark March…
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 on Bursa Derivatives…
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.
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 4,087 Ringgit ($1,010.38) per metric ton.
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?
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.
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?