• Commodities  |  DECEMBER 22, 2014 8:35 PM

    Iraq to boost oil output in 2015

    Story by
    www.bloomberg.com

    Iraq plans to boost its crude production to 4 million barrels a day next year as the Organisation of the Petroleum Exporting Countries (Opec) nations intend to defend their market share against other suppliers, Iraqi Oil Minister Adil Abdul Mahdi said.

     
  • Commodities & World Biz  |  DECEMBER 22, 2014 6:25 PM

    China buys record volume of Russian crude

    Story by
    www.bloomberg.com

    As oil’s slump threatens to plunge Russia into recession, President Vladimir Putin can at least rely on China to keep buying its crude.

     
  • Commodities  |  DECEMBER 22, 2014 6:23 PM

    Rubber market closes higher

    Story by
    www.bernama.com

    The Malaysian rubber market closed higher today amid the weakening ringgit, a dealer said.

     
  • Commodities & Featured and Exclusive  |  DECEMBER 22, 2014 4:46 PM

    Saudi ready to raise oil output if new clients emerge

    Story by
    www.reuters.com

    Asked if Saudi Arabia wanted to maintain a market share of 9.7 million barrels per day, Ali Al-Naimi told the newspaper: "Yes, unless a new client comes along and then we may increase it."

     
  • Commodities  |  DECEMBER 22, 2014 2:19 PM

    Palm export tax waiver extended to cut reserves

    Story by
    www.bloomberg.com

    Palm oil exports from Malaysia, the world’s largest producer after Indonesia, will remain duty-free for a sixth month, as the government seeks to boost shipments and reduce inventories to support prices.

     
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