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Crude Oil - EIA: crude oil prices to decline
Persistent withdrawals from global oil inventories have led to increases in crude oil prices, but the EIA forecasts that global oil markets will begin to balance through 2023, leading to a drop in ...
Venezuela resumes crude exports after nine months
Venezuela's state-run PDVSA will begin exporting diluted crude oil (DCO) this week after a nine-month stoppage, it was reported in Caracas. The last time PDVSA shipped diluted crude to Asia was in ...
Iraq: Gunmen attack cars belonging to Chinese oil firm, wound two Sudanese
Gunmen in Iraq opened fire on Wednesday on two vehicles belonging to Chinese oil giant Sinopec, wounding two Sudanese guards working for the company, a security source said. The attack took place in ...
MPOB: Crude palm oil price to average at RM3,800 a tonne in 2022 on improved production
The crude palm oil (CPO) price is expected to average at RM3,800 per tonne in 2022 on improved palm oil production, in line with the performance of other major vegetable oils prices amid the recovery ...
Crude oil price hits $85 a barrel
Brent crude futures, the global benchmark, rose 1.66% to $85.11 a barrel by 19.06 GMT+1, while West Texas Intermediate (WTI) crude futures increased 2.25 per cent to $83.05 a barrel.