India meets nearly two-thirds of its vegetable oil demand through imports, with palm oil mainly bought from Indonesia, Malaysia and Thailand, while soyoil and sunflower oil imported from Argentina, ...

Crude oil futures closed Friday at their lowest settlement price this year, with both WTI and Brent benchmarks tumbling more than $2/bbl, fueled by near-term supply concerns and expectations that ...

GOLDMAN Sachs said on Friday (Feb 21) a proposed 10 per cent US oil tariff could cost foreign producers US$10 billion per year, as Canadian and Latin American heavy crudes remain reliant on US ...

The National Oil Spill Detection and Response Agency has reported an oil spill from Shell’s underwater pipeline in Obololi, Southern Ijaw Local Government area of Bayelsa State.This is as it commenced ...

Western sanctions on some oil producers, like Iran, Russia and Venezuela, have caused a growing number of oil tankers to “go ...

OIL prices settled down more than US$2 a barrel on Friday (Feb 21), posting a weekly decline as investors grappled with a ...

A number of decisions are pending … that could drive the oil price in one direction or the other,” one analyst noted.

Data from shipping analytics firm Kpler suggests Iran is offloading more crude from its floating storage off the coast of ...

Scott Varilek, Kooima Kooima Varilek, says corn and soybeans fell heading into the weekend on profit taking and technical selling, plus lower crude oil and a higher dollar.

Oil fell to the lowest closing price this year after the breach of a key technical level accelerated losses driven by the ...

A Russia-Ukraine peace deal could cut crude prices by $10 per barrel, but the real impact will be felt elsewhere ...

Crude futures were edging lower in early trade but are still poised for weekly gains of more than 1.5% on rising supply ...