Oil hits five-month high above $71
LONDON, Apr 09 (Reuters): Oil hit a five-month high above $71 a barrel on Tuesday, supported by concern that violence in Libya could further tighten supply already squeezed by OPEC cuts and US sanctions on Iran and Venezuela.Supply curbs led by the Organisation of the Petroleum Exporting Countries (OPEC) have...
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China to review anti-dumping tariffs on US distillers grains
BEIJING, Apr 09 (Reuters): China's Ministry of Commerce is set to review its anti-dumping tariffs on imports from the United States (US) of distillers grains (DDGS), an animal feed ingredient, according to a document issued by the China Alcoholic Drinks Association.The document - dated April 8 and issued to member...
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Indonesia, Malaysia send protest letter to EU on palm oil curbs
JAKARTA/BRUSSELS, Apr 09 (Reuters): The leaders of Indonesia and Malaysia, the world's two biggest palm oil producers, sent a letter of objection to the European Union (EU) criticising its decision to no longer consider palm oil as a green fuel and threatening the bloc's ties with the countries.Last month, the...
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Gold holds near one-week high
BENGALURU, Apr 9 (Reuters): Gold edged up Tuesday to hold near its highest in more than a week, supported by a retreating dollar and by increased buying by central banks.Spot gold was up 0.4 per cent at $1,301.64 per ounce, at 0958 GMT. It touched its highest since March 28...
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