Tag: Oil
India’ edible oil imports hit 4-year low, dealers say
BY RAJENDRA JADHAV
KUALA LUMPUR- India’s edible oil imports in February plunged to their lowest level in four years due to a fall in soyoil...
OPEC+ to proceed with planned output hike
LONDON- OPEC+ has decided to proceed with a planned April oil output increase, the group said on Monday, a move that follows US President...
Oil benchmarks slide
BEIJING/SINGAPORE- Oil prices extended losses on Tuesday following reports that OPEC+ will proceed with a planned output increase in April while markets braced for...
Oil benchmarks recover
SINGAPORE- Oil rose on Monday as upbeat manufacturing data from China, the world’s biggest crude importer, led to renewed optimism for fuel demand, although...
S. Arabia may lower crude prices for Asia
SINGAPORE- Top oil exporter Saudi Arabia may slightly cut its crude prices for Asian buyers in April, tracking the marginal decline in benchmark prices...
