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NEW YORK: Oil prices gained more than 2% on Friday as supply outages in Libya and expected shutdowns in Norway outweighed expectations that an economic slowdown could dent demand. Brent …
Read MoreTOKYO: Oil prices fell on Friday, extending the previous day’s plunge, as lingering fears of a recession weighed on sentiment, putting the benchmarks on track for their third straight weekly …
Read MoreNEW YORK: Oil prices sank around 3% yesterday as Opec+ confirmed it would only increase output in August as much as previously announced despite tight global supplies, but left the …
Read MoreNEW YORK: Oil prices sank around 3% on Thursday as OPEC+ confirmed it would only increase output in August as much as previously announced despite tight global supplies, but left …
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KUALA LUMPUR: The government through the Malaysian Palm Oil Board (MPOB) today issued a letter of reminder to palm oil manufacturers following the cessation of operations after the sharp fall …
Read MoreKUALA LUMPUR: The government through the Malaysian Palm Oil Board (MPOB) today issued a letter of reminder to palm oil manufacturers following the cessation of operations after the sharp fall …
Read MoreNEW YORK: Oil prices slid about 2% yesterday as a rise in US petrol and distillate inventories and worries about slower economic growth around the world offset ongoing concerns about …
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NEW YORK: Oil prices settled higher for a third day yesterday as major producers Saudi Arabia and the United Arab Emirates (UAE) looked unlikely to be able to boost output …
Read MoreSINGAPORE: Oil prices fell on Wednesday, taking a break after gaining for three sessions, as concerns about the global economy weighed while tight supply curbed losses. Brent crude futures for …
Read MoreLONDON: Global shares were higher on Tuesday while oil prices firmed following China’s decision to ease some quarantine requirements for international arrivals that raised hopes for stronger growth and a …
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