The International Monetary Fund (IMF) has predicted that Kuwait’s economy will remain in a recession due to the ongoing OPEC+ oil production cuts. “The economy is projected to remain in ...
and high U.S. oil production. The Organization of the Petroleum Exporting Countries and other countries in a broader OPEC+ group have been curtailing production. They could extend oil production ...
South Korea bought 30,000 tons of U.S. bean oil ahead of the open, but bean oil was down on product spread adjustments with bean meal. Ahead of the Statistics Canada crop production report Thursday ..
The ICE Futures canola market was stronger on Thursday, finding support from Statistics Canada’s updated production estimates. StatCan lowered its call on the 2024/25 canola crop by 1.1 million tonnes ...
Corn and wheat end higher ... spillover from the collapse in the soybean oil market and rains in the extended forecasts for soybean production areas of South America, even dry areas of Argentina.