JAKARTA: The oil price war between Saudi Arabia and Russia can be a mixed blessing for Indonesia. Saudi Arabia started the current price war with Russia by slashing its selling prices and pledging to boost supply amid falling demand due to the Covid-19 outbreak.
The sharp drop was led by palm oil, the dominant component of the index. International palm oil quotations fell by 12 percent month-on-month on higher than expected output in Malaysia, a temporary drop in Indian import demand and fears of a slowdown in global demand following the outbreak of COVID-19. Soy, sunflower and rapeseed oil prices ...
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Get PriceInvestment bank Goldman Sachs warns for a very, very tight oil market as demand continues to be strong and OPEC’s spare capacity runs thin
Get Price[Washington] President Donald Trump and his Russian counterpart Vladimir Putin discussed plunging oil prices and the coronavirus pandemic Monday, the Kremlin said, as Trump said Moscow is pressing for an end to US sanctions. Read more at The Business Times.
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Get PricePalm oil's constant war. Share this story. Whatsapp. Facebook. Twitter. Instead, we are now concerned about low prices and the difficulty in recruiting harvesting labour. Palm oil smallholders are affected by the depressed palm oil pricing. New Straits Times Press
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Get Priceday top of 2,058 rgt/T * Ringgit gained slightly around noon * Market al...
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Get PriceWorldwide crude oil prices will average $43.30 a barrel for 2020 and $55.36/b in 2021. That's according to the Short-term Energy Outlook by the U.S. Energy Information Administration. The price estimate plummeted from last month's prediction of $61/b.
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Get PriceOil price war confirms what investors feared about Saudi Aramco Global Capital (Press Release) 17:49. Builder Of Controversial Keystone XL Pipeline Says It's Moving Forward NPR 17:48. In the last half-hour. Should we give up palm oil in beauty products?
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Get PriceIndonesia’s gross domestic product (GDP) is expected to grow by only 4.9 percent this year and further decline to 4.7 percent in 2020 — the slowest pace since 2016's fourth quarter — as weak
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Get PriceWASHINGTON, April 15, 2025 Starting with the May 10 issue, the following changes will be made to the World Agricultural Supply and Demand Estimates Report (WASDE):. Price range forecasts will be eliminated in favor of single price points for all crops and livestock. The international Supply and Use tables for Crops will include an aggregate value for “World less China,” representing
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