The Ministry of Commerce has banned palm oil exports to increase emergency stocks, while requesting cooperation from retail stores to maintain the price of bottled palm oil. Commerce Minister ...

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KUALA LUMPUR, Oct 25 — Palm oil prices in Malaysia surged to their highest levels since July 2022, with Bursa Malaysia’s third-month crude palm oil futures closing at RM4,486 per tonne on Wednesday ...

ndustry players have voiced concern that President Prabowo Subianto’s plan to mandate a 50 percent palm oil blend in biodiesel (B50) threatens Indonesia’s crude palm oil (CPO) exports ...

Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...

Facing criticism from Western markets over dwindling populations of orangutans, Malayan tigers and elephants, Malaysia is looking for expanding its palm oil trade with India and other Asian and ...

What is the current oil price today? WTI futures traded at $69.97 per barrel, as of 9 a.m. ET. Year to date, WTI prices are down by 4.72%. Brent futures traded at $73.97/bbl, an increase of 0.16% ...

This collaboration is part of the National Mission on Edible Oils and Oil Palm, a broader initiative aimed at increasing domestic palm oil production across India. As per the agreement ...

Israel then invaded southern Lebanon, and the Biden administration urged restraint as the Israeli government reportedly weighed a retaliatory attack on Iran’s oil fields. In sum, the past few ...