Oil tankers are ships designed for transporting bulk oil and/or its derivative products. Tanker ships can be either crude tankers that transport unrefined crude oil or product tankers that ...

Benchmark palm oil prices will average 4,350 ringgit ($972.07) a metric ton this year, up 5.4% from 2024, according to a median estimate of 11 traders, analysts and industry participants.

SHAH ALAM, Jan 7 — Four individuals were injured while three others escaped unhurt after a palm oil tanker skidded and hit a multi-purpose vehicle and a car, causing them to all catch fire in Pasir ...

Indonesian President Prabowo Subianto has called for the expansion of oil palm plantations, saying any criticism that this will cause deforestation is nonsense because oil palms are trees too.

MUMBAI, Jan 16 (Reuters) - India's palm oil imports are set to plunge to a near five-year low in January, hit by negative refining margins as the tropical oil's premium over rivals drives buyers ...

President Prabowo Subianto has called for tighter security to protect Indonesia’s palm oil plantations, saying the commodity is being targeted by foreign countries. “They really need our palm ...

Copyright 2025 The Associated Press. All Rights Reserved. In this photo taken from video released by Russian Emergency Ministry Press Service on Friday, Jan. 17, 2025 ...

SHAH ALAM: Four individuals were injured while three others escaped unhurt after a palm oil tanker skidded and hit a multi-purpose vehicle and a car, causing them to all catch fire in Pasir ...

India consumes 23 to 25 million tonnes of edible oil a year. Of that, nearly 8-10 million tonnes is Palm oil. 90% of this palm oil is consumed as food. About 15 to 16 million tonnes of edible consumed ...

The country had seized the oil tanker on December 26 as it was suspected of damaging the Finnish-Estonian Estlink 2 power line and the telecommunications cables. The Eagle S tanker was carrying ...

The mandate aims to increase palm oil blending in biodiesel to 40%. State energy firm Pertamina awaits official decrees for implementation. Palm oil prices surged nearly 20% this year on reduced ...