Latest News for: Oil sales


Malaysia not impacted by Indonesia's lifting of palm oil exports ban

Malaysian National News Agency 25 May 2022
Malaysia not impacted by Indonesia's lifting of palm oil exports ban ... PEKAN, May 24 (Bernama) -- Indonesia's move to lift its palm oil exports ban yesterday ...

U.S. Treasury official heads to India to discuss Russian oil purchases

Reuters 25 May 2022
sanctions, the Treasury Department said, as Washington seeks to keep India's purchases of Russian oil from rising ... Tariffs and price caps on Russian oil as well as putting proceeds from Russian oil sales into escrow accounts that its oil sellers could tap only for certain purchases have been under consideration.

India To Limit Sugar Exports In Risk To Global Food Prices | Mint

Live Mint 25 May 2022
India will restrict sugar exports as a precautionary measure to safeguard its own food supplies, another act of protectionism after banning wheat sales just over a week ago.  ... Other recent measures by governments in Asia include Indonesia’s ban on palm oil exports and Malaysia halting chicken sales abroad. .

Microbial Biosurfactants Market To Grow At 3.9% As Popularity Of Dual Action Shampoo Increases'

MENA FN 25 May 2022
(MENAFN - PR Newswire) Usage of Microbial Biosurfactants in Enhanced Oil Recovery to Push Sales Past US$ 24.3 Mn by 2032 Fact.MR's in-depth analysis on the global microbial biosurfactants market ... .

Indonesia to swap subsidy for price caps on raw materials to ensure cooking oil supply

Reuters 24 May 2022
Indonesia allowed the resumption of exports of crude palm oil and its derivatives from Monday but will implement a policy of obligatory domestic sales at a certain price level, known as a domestic market obligation (DMO), to secure the supply of the vegetable oil at home.
photo: AP / Mikhail Metzel
The Kremlin wall, towers and cathedrals are reflected on a nameboard of state-owned oil company Rosneft's headquarters, Moscow, Thursday, Dec. 23, 2004. President Vladimir Putin on Thursday strongly defended the purchase of Yukos oil assets by a state-owned company, saying the state was protecting its interests in moving to get control of the one of the biggest production facilities in Russia. In an apparently secret deal, the state-owned Rosneft oil company bought BaikalFinansGroup, the obscure company that purchased Yukos' most important production unit in an auction Sunday. The Yuganskneftegaz subsidiary was sold for US$9.3 billion (euro7 billion), half of what foreign auditors say it was worth.

Russia's biggest oil company has slashed its production levels as sanctions bite, report says

Business Insider 24 May 2022
Russian oil production dropped from February to mid-May, according to Bloomberg figures ... oil from the country ... Despite sanctions and falls in oil production since the war began, Russia is still bringing in plenty of money through its energy sales, thanks to higher oil prices.

India Considers Tax Cut On Soybean And Sunflower Oil To Cool Prices | Mint

Live Mint 24 May 2022
India has already scrapped base import levies on most cooking oils, including palm oil and soybean oil, and imposed inventory limits to prevent hoarding ... Added to that was concern about production levels in Malaysia, and a recent surprise move by Indonesia to temporarily ban palm oil exports, before replacing it with a domestic sales quota.


Resource World 24 May 2022
With oil this week hitting US$114 a barrel before dropping to $112, and U.S ... Conversely, his administration recently cancelled the remaining offshore oil and gas lease sales for the year, including a planned sale in Alaska’s Cook Inlet and two in the Gulf of Mexico ... oil prices.

Centre considering tax cut on soybean and sunflower oil to cool pricesThe extra levy is ...

Deccan Herald 24 May 2022
India's palm oil imports seen muted even as Indonesia lifts export ban ... Added to that was concern about production levels in Malaysia, and a recent surprise move by Indonesia to temporarily ban palm oil exports, before replacing it with a domestic sales quota ... edible oil. Sunflower oil.

US to Draw 40Mln Barrels From Strategic Oil Reserve Under Plan to Cut Price - ...

Urdu Point 24 May 2022
"(The) additional Notice of Sale of up to 40.1 million barrels of crude oil from the Strategic Petroleum Reserve (SPR) is part of President Biden's announcement on March 31, 2022, to release one million barrels of crude oil a day for six months," the Department of Energy said in a statement.

Eagle Cement profits dip on higher costs

Manila Bulletin 24 May 2022
Eagle Cement said it generated net sales of ... Operating expenses increased by 42 percent largely due to higher freight costs attributable to sales volume growth and spike in oil prices, increase in warehousing expenses and higher spending in advertising and promotions expenses.

Polish PM Flips His Lid Over Norway’s Profitmaking on Energy Reserves

The Liberty Beacon 24 May 2022
First, Alex Christoforou of The Duran team, commenting on the bizarre situation over Polish PM, Mateusz Morawiecki, harshly criticizing Norway for basically being able to make money on its OWN oil and gas sales.

BC-BOT Table,1st Ld

SCNOW Morning News 24 May 2022
CHICAGO (AP) — Noon trading on the Chicago Board of Trade Tue... OpenHighLowNoonChg. WHEAT. 5,000 bu minimum; cents per bushel ... Est. sales 79,352.Mon.'s sales 70,813 ... CORN ... Est. sales 238,072.Mon.'s sales 186,880 ... OATS ... sales 618.Mon.'s sales 185 ... sales 99,561.Mon.'s sales 171,431 ... SOYBEAN OIL ... sales 55,190.Mon.'s sales 72,514 ... sales 42,096.Mon.'s sales 83,216.

India to limit sugar exports in further risk to global food prices

South China Morning Post 24 May 2022
The world’s biggest sugar exporter after Brazil is set to restrict exports to safeguard its own food supplies, a week after banning wheat sales; joins Indonesia’s ban on palm oil exports and Malaysia’s chicken sales ... .

Healthy cooperation

Fort Wayne Journal Gazette 24 May 2022
You've probably seen TV commercials, social media influencers and print ads peddling good health through vitamins, herbs, oils and amino acids.

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