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Boustead Plantations expects continued volatility in palm oil prices

KUALA LUMPUR: Boustead Plantations Bhd stated that due to high stock levels in Malaysia and Indonesia, palm oil prices are projected to...

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...

Poland to end Russian oil imports; Germany warns on gas.

WARSAW, Poland: Poland announced steps to end all Russian oil imports by year’s end. While Germany issued a warning about natural gas...

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...

Biden bans Russian oil, warns of higher prices at US pumps.

WASHINGTON:  President Joe Biden announced that the U.S. will ban all Russian oil imports. Toughening the toll on Russia’s economy in retaliation...