Berita Arkib

Oil closed at the lowest level since mid-December amid receding concerns that the U.S.-Iran conflict would significantly escalate.

Crude oil was up 0.61 per cent to Rs 4,286 while natural gas edged 1.64 per cent higher to Rs 155.20. Silver was down 0.96 per cent to Rs 46,935 and gold fell 0.28 per cent to Rs 39,997.

Crude oil prices on Thursday rose by Rs 9 to Rs 4,269 per barrel as speculators created fresh positions amid positive global trends. Analysts said raising of bets by participants kept crude prices higher in futures trade here.

The B20 biodiesel programme has begun in Langkawi, Kedah, for the transportation sector beginning Jan 1, 2020, said Primary Industries Minister Teresa Kok

Palm oil fruits are seen at an African palm oil plantation in Guatemala in September. Palm oil prices have a heavy influence on world oilseed markets and palm oil futures are now trading at their highest levels in three years.

Oil Palm Growers Association of Nigeria (OPGAN) has expressed concern over the low quality of palm oil produced in the country due to lack of processing machines.

CGS-CIMB Equities Research sees oil and gas (O&G) and plantation companies as potential winners if crude oil prices stay elevated, while airline, shipping, rubber gloves and petrochemical companies may be impacted due to higher operating costs

The apex body for Micro, Small and Medium Enterprise (MSME) associations in the country, FISME, has suggested Finance Minister Nirmala Sitharaman to set up a national mechanism connecting governments at the state and centre for seamless feedback and grievance redressal.

Malaysian palm oil futures ended lower on Wednesday, weighed down by fears of lower imports from India and Iran’s attack on US-led forces in Iraq, but fears of a shortfall in supply limited losses

Japan hopes Thailand will reach a decision soon to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Japan's foreign ministry sa

In the next five years, economic diplomacy will be strengthened through special assignments given by President Joko Widodo to Deputy Foreign Minister Mahendra Siregar, as well as concrete assignments to Indonesian representatives in other countries

Singapore’s extensive free trade agreement (FTA) network provides enhanced market access, certainty and confidence for Singapore companies to venture overseas