|Day's range||64.02 - 64.35|
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets. FUNDAMENTALS * Malaysian palm oil futures slumped to a three-week low on Wednesday evening as a ...
Jan 18 (Reuters) - Shenwu Environmental Technology Co Ltd : * SAYS IT SIGNS MOU WITH TIAN POH'S UNIT POH GOLDEN GER RESOURCES ON COAL GASIFICATION PROJECTS Source text in Chinese: http://bit.ly/2FNv9Ru ...
Investing.com - US crude oil inventories fell 5.121 million barrels last week, the American Petroleum Institute said Wednesday, a greater drop than expected.
Oil majors are divided on whether Iraq is a profitable destination for producing crude, with Shell leaving the country while Chevron looks to return
The American Petroleum Institute reported Wednesday that U.S. crude supplies dropped by 5.1 million barrels for the week ended Jan. 12, according to sources. However, the API data, which was released a ...
A new estimate from the U.S. government projects a big uptick in U.S. oil production from shale next month.
Investing.com – Crude oil prices settle higher as positive commentary concerning the OPEC-led pact strengthen investor expectations that the oil cartel would continue with output cuts.
Schlumberger, the world’s largest oilfield services company, is set to begin the earnings season for the industry by releasing its December quarter and full year 2017 financial performance on January 19.
Congo Republic plans to join the OPEC oil cartel, the government said, as the former French colony presses ahead with projects that could help it become the third-largest oil producer in sub-Saharan Africa. "The Republic of Congo has decided to accede to the Organization of the Petroleum Exporting Countries (OPEC)," the statement dated Jan. 11 but sent out to journalists on Wednesday. Congo's oil sector was badly hurt by the global dip in prices and a slowdown in its own output since 2014, but it has been rejuvenated by new projects scheduled to boost output by a quarter to 350,000 barrels per day (bpd) this year.
Investing.com - Natural gas futures bounced back on Wednesday, re-approaching their highest level in around two months as investors speculated this week’s supply report will show another hefty drop as cold weather boosts demand.
The Niger Delta Avengers threatened on Wednesday to unleash the deadliest round of attacks on Nigeria’s oil sector ‘’in a few days time’’
Investing.com - Crude oil prices remained under pressure on Wednesday, although they were still hovering within close distance of recent multi-year highs, as investors remained cautious ahead of the weekly U.S. supply report due on Thursday.
Investing.com – Industrial production in the U.S. rose much more than expected in December, bolstering optimism over the health of the economy, although manufacturing output was weaker than forecast, official data showed on Wednesday.
Cloud Peak Energy (CLD) has secured a long-term coal supply agreement, which will boost its export opportunity amid the difficult domestic coal demand scenario.
Increasing application of industrial gases in manufacturing, transportation, healthcare, food and beverages, and metal fabrication industries is beneficial for Praxair (PX).