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Brent futures gained $1.78, or 3.3%, to settle at $55.79 per barrel, while U.S. West Texas Intermediate (WTI) crude gained $1.23, or 2.5%, to settle at $51.17.

Indonesian Ambassador Iwan Suyudhie Amri has said that his country and Pakistan are enjoying good bilateral trade ties.

With Malaysia posting its worst economic growth rate since the Global Financial Crisis a decade ago, the outlook for the first quarter of 2020 (1Q20) has turned more cautious amid the worsening coronavirus (Covid-19) outbreak that may further dampen the economy.

US President Donald Trump will undertake his first official visit to India on February 24 and 25 with stops in New Delhi and Ahmedabad. He will be accompanied by first lady Melania Trump.

Indonesia exported a record 36.18 million tonnes of crude palm oil (CPO) and its products last year, from 34.71 million tonnes in 2018, according to data from the Indonesia Palm Oil Association (GAPKI).

The move could put pressure on Indian refiners as imports from Nepal were allowed at zero duty under a regional treaty. It will also help Nepal, as refined palm oil and palmolein are its largest export earners

Federal Minister for Economic Affairs, Hammad Azhar has stressed that his team remains committed to complete Pakistan's Financial Action Task Force (FATF) Action Plan, as the intergovernmental organization, reviews Pakistan's measures at the meeting that begins on February 16.

Crude palm oil (CPO) supply for the first quarter of 2020 (1Q20) is expected to remain tight amid falling stocks and weaker production, analysts said.

The Malaysian plantation sector kick-starts the year with inventories falling a fifth straight month amid tighter production and slowdown in demand from the world’s top two buyers due to an unfavourable trade policy imposed by India, while mounting concerns of the Wuhan virus spread have held up deliveries of agricultural products from the cargoes

Malaysian palm oil futures fell for a fourth straight session on Wednesday on falling exports amid rising coronavirus-led deaths in China, although lower January stockpiles limited losses

We maintain our rating after meeting FGV Holdings Bhd’s management. The biggest upside to its earnings could come from a rerating of MSM Malaysia Holdings Bhd’s earnings, should it manage to negotiate higher selling prices of its refined sugar in Malaysia.

Malaysia aims to increase the palm oil export to Pakistan to 60 percent from the current 22 percent after Islamabad sounded interest to import more palm oil from the country