Crude Palm Oil Weekly Report – 4 April 2015 April 7, 2015 // 3 Comments Malaysian palm oil futures climbed higher on Friday to 2,192, as volume remained low and Easter holidays in some countries [...]
Goldman Sachs on oil: US needs to cut, not OPEC April 7, 2015 // 3 Comments The onus for restoring the oil price back to an equilibrium lies squarely on the shoulders of countries like the U.S. and [...]
Indonesia to Impose Palm Oil Export Levy to Subsidize Biofuel April 7, 2015 // 1 Comment Indonesia, the world’s biggest palm oil producer, will impose export levies to fund biodiesel subsidies, replanting, [...]
Palm oil to test resistance at 2,218 ringgit April 7, 2015 // 3 Comments SINGAPORE – Palm oil is expected to test a resistance at 2,218 ringgit per tonne, a break above which will lead to a [...]
The U.S. oil boom is moving to a level not seen in 45 years April 6, 2015 // 4 Comments SAN FRANCISCO – U.S. oil production is on track to reach an annual all-time high by September of this year, according [...]
Oil Prices Plunge 4% After US, Iran Reach Preliminary Nuclear Deal April 6, 2015 // 1 Comment Oil prices plunged more than 4 % Thursday after the U.S. and other world powers announced a preliminary agreement to [...]
Nuclear deal means more Iran oil – just not this year April 6, 2015 // 2 Comments A framework accord to curb Iran’s nuclear program forged on Thursday could eventually allow Tehran to reclaim lost [...]
OPEC oil export revenues down 11% from 2013 April 3, 2015 // 3 Comments OPEC countries earned USUS$730 billion from oil exports in 2014, according to the Energy Information Administration. [...]
U.S. oil rig count cull eases, approaches low point April 3, 2015 // 2 Comments Two weeks of thin declines in the U.S. rig count have raised expectations that drilling activity is nearing a pivotal level [...]
Oil may strengthen, then fall on Iran deal: Gartman April 3, 2015 // 1 Comment There may actually be strength in the oil market before the final deal with Iran is reached, investor Dennis Gartman told [...]