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Yuan Appreciation May Boost Palm Oil Shipments, Growers Predict
April 9 (Bloomberg) -- A decision by China to allow its currency to appreciate may help to boost exports of palm oil from Indonesia to the worlds fastest growing major economy by more than a fifth, according to a producers association.
Oil and gas leases put on hold in Mont., Dakotas
Federal land managers are suspending an April 13 sale of 91,000 acres of oil and gas leases in Montana and the Dakotas until they can study how oil field activities contribute to climate change.
Oil Gains on Economic Recovery Optimism After U.S. Retail Sales
April 9 (Bloomberg) -- Crude oil rose for the first time in three days as concerns over a Greek default subsided and better- than-estimated retail sales in the U.S. bolstered optimism of a global economic recovery and increased fuel demand.
Oil Gains on Economic Recovery Optimism After U.S. Retail Sales
April 9 (Bloomberg) -- Crude oil rose for the first time in three days as concerns over a Greek default subsided and better- than-estimated retail sales in the U.S. bolstered optimism of a global economic recovery and increased fuel demand.
Oil prices down on fears of soft demand
Oil prices fell on Thursday, dropping further away from recent 18-month highs amid concerns of softening demand and growing US crude inventories.