Oil prices fall on signs of progress in US-Iran talks
LONDON, Apr 21 (Reuters): Oil prices fell more than 2% on Monday on signs of progress in talks between the U.S. and Iran while investors remained concerned about economic headwinds from tariffs which could curb demand for fuel.Brent crude futures slipped $1.54, or 2.3%, to $66.42 a barrel by 1230...
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Saudi Aramco signs development deal with China's EV giant BYD
DUBAI, April 21 (Reuters): Saudi oil giant Aramco signed a joint development agreement with Chinese electric vehicle (EV) manufacturer BYD to explore collaboration in the development of new energy vehicle technologies, Aramco said on Monday.The agreement, signed by Aramco unit Saudi Aramco Technologies Company (SATC), aims to enhance vehicle efficiency...
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Hyundai, Posco to cooperate on US steel plant
SEOUL, Apr 21 (Reuters): South Korea's Hyundai Motor Group said on Monday that it has signed a memorandum of understanding with Posco Holdings for cooperation on its planned US steel plant.Posco will make an equity investment in Hyundai Motor Group's steel factory project in Louisiana, the group said in a...
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Palm oil slumps on firmer ringgit
KUALA LUMPUR, Apr 21 (Reuters): Malaysian palm oil futures extended losses on Monday for the sixth straight session, as weakness in soyoil and crude oil and a stronger ringgit weighed on the market, with US tariff concerns also fuelling the downturn.The benchmark palm oil contract for July delivery on the...
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