Oil prices slide after Kazakhstan defiance on high crude output

LONDON, April 23 (Reuters): Oil prices lost about 1% on Wednesday after Kazakhstan struck a defiant tone about its rising oil output, erasing earlier gains on the back of US sanctions against Iran, falling US crude stocks and President Donald Trump softening his tone on China.Brent crude futures were down...

Palm oil demand from China and India may rise

KUALA LUMPUR, Apr 23 (Reuters): Palm oil demand from top global buyers China and India is expected to increase as the vegetable oil is now reasonably priced compared to its rivals, the Malaysian Palm Oil Council (MPOC) said on Tuesday.Palm oil is now considered "reasonably priced" at 3,900 ringgit ($889)...