KUALA LUMPUR: Affin Hwang Investment Bank Bhd has launched Malaysia’s first crude palm oil futures structured warrant on Bursa Malaysia. The investment bank said it is optimistic about its ...

The export tax structure starts at 3% for crude palm oil in a 2,250 to 2,400 ringgit-per-ton range. The maximum tax rate is set at 10% when prices exceed 4,050 ringgit a ton. - Reuters ...

The sanctions, the biggest against Russia’s oil shipping sector since the invasion of Ukraine in February 2022, will impact India, given that Russia is its biggest source market for crude oil.

(Reuters) -Oil prices rose more than 2% on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply disruptions caused by new U.S. sanctions on Russia, while a Gaza ...

Oil prices rose more than 2 per cent on Wednesday, supported by a large draw in U.S. crude stockpiles and potential supply disruptions caused by new U.S. sanctions on Russia, while a Gaza ...

Discussions on a term deal for crude oil purchases from Russia have ground to a halt in the wake of the latest sanctions on Russia, sources in the Ministry of Petroleum said. A joint front of ...

Crude oil prices moved higher today, after the U.S. Energy Information Administration reported an inventory dip of 2 million barrels for the second week of the year. The change estimated by the ...

In the latest development, the Federal High Court in Port Harcourt has granted an order to arrest and detain the crude oil cargo on board the Floating Production Storage and Offloading (FPSO ...

Palm oil's market share fell to 42 per cent in December 2024, while refined oils, including soybean and sunflower oil, captured 58 per cent of imports. Crude palm oil imports plunged 47.32 per cent to ...

The sanctions, announced on January 10, target major Russian oil producers Gazprom Neft and Surgutneftegas, alongside 183 oil tankers involved in transporting Russian crude. The goal is clear ...

A man has been caught on a Ring camera video setting a palm tree on fire in Los Angeles, where wildfires continue to burn. The video shows a man in a hoodie lighting a low-hanging palm frond in ...