Tag: Oil Imports
Malaysia’s palm oil stocks slide 6.56% in Feb
For the smallholder farmers and plantation workers who form the backbone of Malaysia’s palm oil industry, February’s latest stockpile figures bring a mixed picture of...
Crude oil prices stay muted in 1H amid altered oil flows...
The ongoing conflict in Ukraine has left a lasting impact on the lives of individuals and communities, with the war altering crude oil flows and...
Europe bans Russian diesel, other oil products over Ukraine
For millions of people in Europe, the recent ban on Russian diesel and other refined oil products is more than just a news headline -...
Boustead Plantations expects continued volatility in palm oil prices
For plantation workers and their families in Malaysia and Indonesia, the coming months may bring fresh uncertainty. Boustead Plantations Bhd, a major player in the...
European inflation soars to a record 7.5% on fuel, food costs.
LONDON: Inflation in Europe soared to another record, according to new EU figures released in a fresh sign. That rising energy prices fueled by...
Poland to end Russian oil imports; Germany warns on gas.
Poland moves to halt Russian oil imports by year's end, signaling EU's growing resolve to reduce energy dependence. Germany urges conservation as energy security becomes critical amid ongoing conflict.
World Bank official says war-driven oil price hikes to slash growth...
WASHINGTON: Persistent high oil prices prompted by Russia's invasion of Ukraine could cut a full percentage point off the growth of large oil-importing developing...
Biden bans Russian oil, warns of higher prices at US pumps.
President Joe Biden banned all Russian oil imports, delivering a "powerful blow" to Russia's economy while warning Americans of potential fuel price increases in support of Ukraine's defense.
