Published: Aug 19, 2021
Crude futures extended the longest slide in five months after a surprise increase in U.S. gasoline inventories that signaled fuel demand may be under threat as Covid-19s delta variant menaces the economic recovery.
Published: May 07, 2020
U.S. equities climbed, with the Nasdaq Composite Index briefly turning positive for the year, as investors sift through the latest company earnings and data showing another surge in the number of out-of-work Americans. Oil jumped.
Published: Mar 13, 2020
The price of crude oil continued to fall due to the Covid-19 situation, while US President Donald Trump has prohibited people from European countries from visiting the US for 30 days, as a measure to tackle the virus, Thaioil informed on Friday (March 13).
Published: Feb 17, 2020
Last month India, a large palm oil customer, stopped buying from Malaysia. The decision caused fluctuation in the world oil palm market as Indonesia switched to penetrate the Indian oil market instead. As for Malaysia, it is accelerating reach into markets that Jakarta used to lead while India is seeking use of other types of oil instead of palm oil.
Published: Jan 14, 2020
Energy Minister Sontirat Sontijirawong said today (January 14) that the price of palm oil has increased at a satisfactory rate and operations related to it were to manage palm oil stocks while controlling the price so it does not to reach an unproper rate.