Wednesday, April 23, 2025

Oil Futures News

Palm prices rise on bargain-buying; stronger Ringgit and economic uncertainty limit gains

Malaysian palm futures gained on Tuesday, after six sessions of consecutive losses. Supported by bargain-buying, the gains were limited, however, by a stronger Ringgit and economic uncertainty. The…

VEGOILS - Buy more bargains, but the ringgit is stronger; economic uncertainty limits gains

The price of palm oil in Malaysia rose on Tuesday. This was due to bargain-buying, but the stronger ringgit, as well as economic uncertainty, limited gains. At midday, the benchmark palm oil contract…

Palm oil falls on firmer Ringgit, weaker soyoil and crude oil

Malaysian palm futures continued to fall on Monday, for the sixth consecutive session. The market was weighed down by a weaker ringgit, a decline in crude oil, and the weakness of soyoil. Concerns about U.S.

Palm oil falls due to weaker soyoil and a firmer Ringgit

Malaysian palm futures declined on Monday for a sixth consecutive session as a result of a weaker ringgit, a decline in crude oil, and the weakness of soyoil. Concerns about U.S. trade tariffs also contributed to the drop.

Palm trades lower than Chicago soyoil amid concerns about economic headwind

Malaysian palm futures continued to fall on Monday as they tracked the weakness of rival soyoil on the Chicago market. Meanwhile, escalating U.S. China trade tensions despite a suspension of tariffs…

Palm trades lower and is set to suffer a second weekly loss

The Malaysian palm futures contract reversed its morning gains as it sought new directions. It is now heading towards a second weekly loss. By midday, the benchmark June palm-oil contract traded on…

US EIA warns that tariffs and trade uncertainties will lower oil demand

The U.S. Energy Information Administration's (EIA's) monthly short-term Energy Outlook report on Thursday said that recent developments in global trade policies are expected to reduce global oil and fuel consumption growth through 2026.

Palmetto prices end higher in Dalian and rising inventories

Malaysian palm oils futures rose on Thursday, wiping out the losses of the previous session. They were supported by strong rival oils in Dalian, and data from Malaysian Palm Oil Board, which showed an increase in March inventories.

Malaysian palm oil surpasses rival edible oils

Malaysian palm futures rose on Thursday, erasing the losses of last session, and tracking stronger competing edible oils. Data from the Malaysian Palm Oil Board showed an increase in inventories for March.

Palm oil ends lower than rival oils as tariff wars cause anxiety

Malaysian palm futures ended lower on Wednesday. They erased last session's gains. This was due to the decline of rival edible oils traded in Dalian and Chicago, and the growing economic anxiety over tariff wars.

Palm oil trades lower than rival oils amid fears of tariff wars

Malaysian palm futures continued to lose on Wednesday. They erased last session's gains. This was due to the competition from edible oils traded in Dalian and Chicago, and the growing economic anxiety over tariff wars.

Palm oil is gaining to follow Chicago soyoils and crude oil higher

Malaysian palm oils futures climbed slightly higher on Tuesday after three sessions of losses. They mirrored the movement in crude oil, Chicago soyoil and other commodities, but concerns over high Malaysian stocks of palm oil capped gains.

Palm oil is gaining to follow Chicago soyoils and crude oil higher

The price of Malaysian palm oils futures rose on Tuesday. This ended a three-session losing streak, boosted by the strength of crude oil, Chicago soyoil and a weaker Ringgit. By midday, the benchmark…

US EIA delays short-term outlook report amid oil market downturn

Energy Information Administration (EIA) in the United States announced on Monday that it will delay publication of its "Short-Term Energy Outlook Report" (STEO), amid a drop in oil prices nearing four…

Palm extends its losses as soyoil and crude oil prices fall

Malaysian palm futures dropped to a 10-week-low on Monday. Pressured by lower soyoil prices and crude oil, fears of a trade war arose from China's retaliatory duties on U.S. products. The benchmark…

VEGOILS-Palm falls tracking weaker soyoil, crude oil prices

Malaysian palm futures declined on Monday for the third consecutive session. They were weighed down on lower soyoil prices and crude oil, while China's retaliatory duties on U.S. products raised fears of an international trade war.

As Trump tariffs cause demand concerns, refining stocks plummet to levels not seen in two years.

Investors were rattled by fears about a slowdown in oil and fuel consumption and a decline in refining margins after President Trump announced new tariffs. According to LSEG data, the market capitalization…

Palm oil falls as fears over Trump's tariffs weigh on crude and soyoil

The price of Malaysian palm oil futures fell on Friday due to the weaker Chicago crude oil and soyoil prices. This was a result of President Donald Trump’s reciprocal tariffs, which increased uncertainty in global trade.

Palm oil prices fall as Trump tariffs cause profit booking

Malaysian palm futures fell on Thursday, ending a four session rally. Profit-taking was a factor in the decline, following President Donald Trump’s tariffs against trade partners. At the close, the…

Palm prices fall as Trump tariffs lead to profit booking

Malaysian palm futures fell on Thursday after a four session rally. Profit-taking was blamed for the decline, following President Donald Trump’s tariffs against trade partners. At midday, the benchmark…

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