Oil slips as Middle East crude exports rise, G7 to release stocks
SINGAPORE: Oil prices slipped on Monday as rising crude exports from the Middle East and a release of oil stocks from Group of Seven nations are adding to supplies despite ongoing concerns about further damage to Gulf oil infrastructure amid the Iran war.
Gold trading set for a move
KUALA LUMPUR: Gold futures on Bursa Malaysia Derivatives are likely to trade between US$4,100 and US$4,300 per troy ounce this week, with the precious metal expected to remain highly sensitive to United States economic data and broader monetary policy expectations.
Gold steadies before US payrolls data, set for second weekly loss
Gold steadied on Friday but remained on track for a second straight weekly decline, pressured by a firmer US dollar and elevated Treasury yields, as investors awaited key US payrolls data for clues on the Federal Reserve's policy path.
Oil jumps 4% on China fuel halt, US troop deployment
Oil prices jumped on Thursday and settled up more than US$4 a barrel, after a report said the US was sending more troops and carriers to the Middle East and China suspended oil products exports, stoking fears that global fuel shortages could worsen.
Super El Nino is set to turn sugar glut into deficit
El Nino is hitting the world's biggest sugar producers, exposing the crop's acute vulnerability to the climate phenomenon but also providing an early glimpse of broader threats to farmers and global food inflation.
Russia steps up sunflower oil exports to China
Russia's sunflower oil exports to China are set to double in the new marketing year, but at discounted prices, a leading Russian exporter has said, as war has damaged the country's port infrastructure and disrupted shipments to top buyer India.
Gold firms as softer US inflation dims October Fed hike bets
GOLD rose on Thursday after a softer-than-expected US inflation report tempered expectations for a Federal Reserve rate hike this month, with markets looking to upcoming jobs data for further policy signals.
Palm oil prices seen capped by Malaysian stocks despite El Niño outlook, top analyst says
MUMBAI: Malaysian palm oil prices are likely to remain between 4,500 and 5,000 ringgit a metric ton through December, as higher stocks weigh on prices despite expectations of lower production next year due to El Niño, a top analyst said on Thursday.
Oil rises on stalled US-Iran talks, tight fuel markets
Oil prices rose by about US$1 a barrel on Wednesday, and logged steep monthly gains, on stalled US-Iran peace talks and tightening US fuel markets.
PETRONAS exploring ways to produce cheaper advanced sustainable fuel - Downstream CEO
KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) is exploring ways to make its advanced sustainable fuel (ASF) more economical while maintaining its performance. As development continues alongside changes to Formula One's (F1) power unit regulations.
