Stock Market & Investment News
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Palm oil leads historic vegoil rally as demand outpaces supply
FORT COLLINS, Colorado: Global vegetable oil supplies have tightened in the last couple of years even as the pandemic slowed the demand growth rate, and that has had the most profound price impact on palm oil, the most widely used vegetable oil. Read full story
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Wall St posts gains after choppy session, energy index hits multi-year peak
NEW YORK: All three Wall Street benchmarks advanced on Tuesday and the energy index closed at a multi-year high, although seesaw trading reflected investor uncertainty about how to play the current market Read full story
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Oil price rises after draw in US stocks, eyes on OPEC+ decision (Update)
TOKYO: Oil prices rose on Wednesday towards last week’s seven-year highs after data showing a fall in U.S. crude stocks underlined solid demand, but investors remained cautious ahead of an OPEC+ meeting due later in the day. Read full story