Tag Archives: Oil

Stocks Struggle To Advance As Surprise China Rate Cut Sends Oil Tumbling

Stocks struggle as China rate cut sends oil tumbling Global shares struggled to advance on Monday while investors digested news of an unexpected cut in Chinese interest rates as data pointed to faltering growth in the world’s second largest economy, sending oil prices nearly 2 per cent lower. Weaker US stock index futures also weighed… Read More »

Indian State Bets Big On Oil Palm To Cut $19 Billion Vegetable Oil Imports

Indian state bets big on oil palm to cut $19 billion vegoil imports Pullarao Daravathu and thousands of fellow farmers from Telangana in India’s south are busy planting oil palms as their home state aims to add more area under the controversial crop within four years than the entire country has in decades. Telangana is… Read More »