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Oil rises on views OPEC+ may pause supply addition amid Omicron fearsTOKYO : Oil prices rose on Thursday, reversing the previous day's losses, on expectations OPEC+ may pause supply additions amid growing concern the spread of the Omicron coronavirus variant could weigh on the global economy and fuel demand. U.S. West Texas Intermediate (WTI) crude futures gained 48 cents,
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
OPEC+ weighs output policy as Omicron fears hammer pricesLONDON : OPEC and its allies will decide on Thursday whether to release more oil into the market or restrain supply amid big gyrations in crude prices, a U.S. release from oil reserves and fears over the new Omicron coronavirus variant.Brent oil prices tumbled to around US$70 a barrel, down from October's Omicron? Why did they skip Nu and Xi?
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Oil rises on views OPEC+ may pause supply addition amid Omicron fearsTOKYO : Oil prices rose on Thursday, reversing the previous day's losses, on expectations OPEC+ may pause supply additions amid growing concern the spread of the Omicron coronavirus variant could weigh on the global economy and fuel demand. U.S. West Texas Intermediate (WTI) crude futures gained 48 cents,
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
OPEC+ weighs output policy as Omicron fears hammer pricesLONDON : OPEC and its allies will decide on Thursday whether to release more oil into the market or restrain supply amid big gyrations in crude prices, a U.S. release from oil reserves and fears over the new Omicron coronavirus variant.Brent oil prices tumbled to around US$70 a barrel, down from October's Omicron? Why did they skip Nu and Xi?
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Top buyer India to favour Malaysian palm oil as Indonesian prices rise -assocJAKARTA : India is likely to buy more Malaysian palm oil after export levies imposed by top producer Indonesia hit record highs in the past year, B.V. Mehta, executive director of India's Solvent Extractors' Association, said on Thursday. Indonesia had imposed higher export and levies in the past year, ma Mahathir Mohamad is not in power so no need to worry about.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Top buyer India to favour Malaysian palm oil as Indonesian prices rise: AssociationJAKARTA: India is likely to buy more Malaysian palm oil after export levies imposed by top producer Indonesia hit record highs in the past year, BV Mehta, executive director of India\u0027s Solvent Extractors\u0027 Association, said on Thursday (Dec 2). Indonesia had imposed higher export and levies in the
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »