|Day's range||67.04 - 68.42|
* Weaker ringgit limits palm declines -trader * Market sentiment weak on slow demand -trader (Updates with closing prices) By Emily Chow KUALA LUMPUR, July 17 (Reuters) - Malaysian palm oil futures edged ...
July 17 (Reuters) - Shanxi Coal International Energy Group Co Ltd: * SAYS IT PLANS TO SET UP ENVIRONMENTAL ENERGY JV WITH REGISTERED CAPITAL OF 100 MILLION YUAN ($14.96 million) IN ZHEJIANG PROVINCE Source ...
The NZD/USD has formed an inverted Head and Shoulders pattern, and we can see a breakout above the neckline (blue). 0.6790-0.6805 is the POC zone, and the price could bounce from the zone on another retest. However, a break above 0.6839 might initiate a new bullish move towards 0.6900. As long as the pair is above 0.6729, bulls should be safe.
Oil prices have declined sharply the past week as the Sino-U.S. trade war intensifies and were hovering below $72 per barrel on Tuesday, not far from their lowest since mid-April. "Production disruptions and large supply shifts driven by U.S. political decisions are the drivers of this new fundamental volatility, with demand remaining robust so far," the bank said in a note dated Monday. The administration of U.S. President Donald Trump is pushing countries to cut all imports of Iranian oil from November as it reimposes sanctions over Tehran's nuclear programme.
Investing.com – Oil prices rebounded on Tuesday after plunging more than 4% in the previous session as U.S. Treasury Secretary Steven Mnuchin said the U.S. is considering waivers on Iran sanctions for some crude importers.
* Palm oil flat at the midday break * Market sentiment overall weak on slow demand - trader * Palm oil to retest support at 2,148 rgt/T By Emily Chow KUALA LUMPUR, July 17 (Reuters) - Malaysian palm oil ...
Silver markets have done very little during the day on Monday, dancing around the $15.75 level. This market looks to be very choppy in this region, and I think that it makes a lot of sense because when you look at the longer-term charts, we are beginning to hit major support levels.
Domestic unrest in the form of demonstrations and strikes, is threatening OPEC’s second largest oil producer, and another major outage could have a devastating impact on oil markets
Investing.com – WTI crude oil prices settled sharply lower Monday, pressured by expectations for an increase in supplies after U.S. Treasury Secretary Steve Mnuchin said some crude importers may receive waivers to continue buying supplies from Iran.
As we saw in the previous part of this series, Southwestern Energy’s (SWN) stock price had decreased ~2% from July 9 to July 13. Natural gas (BOIL) prices fell almost 4%. So SWN’s stock price outperformed natural gas prices last week. In this part of our series, we’ll look at the correlation between SWN’s stock and natural gas prices.
Papua New Guinea’s natural gas reserves were once the envy of the world, but now the small country faces more hardships than success stories
Investing.com - Oil prices fell more than 3% to below $68 on Monday as the U.S. Treasury Secretary Steven Mnuchin suggested that certain exceptions could be made for countries importing oil from Iran.
On July 6–13, the ETFs that track US crude oil futures reported lower performance metrics. The United States Oil ETF (USO) fell 3.3%, the United States 12-Month Oil ETF (USL) fell 1.4%, and the ProShares Ultra Bloomberg Crude Oil ETF (UCO) fell 5.5%.
Oil prices took a hit on Monday morning amid reports that Saudi Arabia is preparing to pump record amounts of crude, offering additional cargoes to customers in Asia
Iran's oil minister told his Saudi Arabian counterpart that last month's OPEC supply pact does not give member countries the right to raise oil production above their targets, according to a letter reported by Iran's news agency Shana. "Member countries committed themselves to reach a production adjustment conformity level of 100 percent, as of July 1, 2018," Bijan Zanganeh wrote in a letter sent to Saudi Energy Minister Khalid al-Falih, according to Shana.
In Q2 2018, analysts expect Encana’s (ECA) operating cash flow to rise ~93% YoY (year-over-year) to ~$422 million from ~$218 million, and by ~11% sequentially from ~$381 million. The rise is expected due to its production being forecast to increase during the quarter and higher crude oil prices.
* Palm charts first gain in five sessions * Market also up on retracement after previous declines - trader (Updates with closing prices, comments) By Emily Chow KUALA LUMPUR, July 16 (Reuters) - Malaysian ...
July 16 (Reuters) - Sarawak Oil Palms Bhd: * JUNE FFB PRODUCTION 105,318 MT, CRUDE PALM OIL PRODUCTION 31,156 MT, PALM KERNEL PRODUCTION 6,212 MT Source: https://bit.ly/2uqohW8 Further company coverage:...
July 16 (Reuters) - Henan Shenhuo Coal & Power Co Ltd : * SAYS ITS XUEHU COAL MINE HAS RESUMED PRODUCTION ON JULY 16 AFTER IMPROVING ON SAFETY MEASURES FOLLOWING AN ACCIDENT IN APRIL Source text in Chinese: ...
* June palm oil imports drop 41 pct to 487,147 T * India hikes import tax on soyoil, sunflower oil * Palm imports to rise from July, sunflower to drop-traders (Adds quotes, details) By Rajendra Jadhav ...
NEW DELHI (Reuters) - India's oil ministry is in favour of a ban on the import of petroleum coke, the government's lawyer told the Supreme Court on Monday.
Investing.com – Oil prices edged lower on Monday as traders awaited the outcome of the first offcial dialogue between U.S. President Donald Trump and Russian President Vladimir Putin summit in Helsinki later in the day.
July 16 (Reuters) - Riverview Rubber Estates Bhd: * JUNE GROUP FRESH FRUIT BUNCHES OF OIL PALMS PRODUCTION 4,317.11 METRIC TONNES Source text: ( http://bit.ly/2yOzmnu ) Further company coverage:
* Palm in line for first gain in five sessions * Market also up on retracement after previous declines - trader By Emily Chow KUALA LUMPUR, July 16 (Reuters) - Malaysian palm oil futures rose nearly 1 ...
KUALA LUMPUR, July 16 (Reuters) - Exports of Malaysian palm oil products during July 1 to 15 fell 2.7 percent to 486,609 tonnes from 500,197 tonnes shipped during June 1 to 15, said inspection company ...