Bali. The Indonesian palm oil industry welcomes the European Union's decision to postpone its deforestation regulation by a year, now set for enforcement on Dec. 31, 2025. The delay offers time for ...
NUSA DUA, Indonesia :Indonesia's chief economic minister said on Thursday he is confident palm oil production can be increased in coming years to meet the country's rising demand for biofuel.
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India's vegetable oil imports are estimated to decline further in the 2024-25 season to 15 million metric tons, as favourable weather will likely boost domestic production, an industry group said.
The real-time price of Brent crude oil is at $71.97 per barrel, and the price of WTI crude oil is at $68.17 per barrel. Oil prices are customarily quoted in dollars (USD) around the world, not only in ...