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Indonesia palm oil export curbs, biodiesel plans to hit world vegoil supplies

By Naveen Thukral and Bernadette Christina SINGAPORE/JAKARTA (Reuters) -A move by top palm oil exporter Indonesia to restrict shipments and boost domestic biodiesel consumption is set to squeeze global vegetable oil supplies already undercut by lower output in Southeast Asia and Latin America. Edible oil buyers, including price-sensitive consumers in South Asia and Africa, will …

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Singapore 2022 bunker fuel sales dip 4.3% y/y to 47.9 million tonnes

By Jeslyn Lerh SINGAPORE (Reuters) -Sales of marine fuel in Singapore, including sales of liquefied natural gas and biofuels, fell 4.3% year-on-year to 47.9 million tonnes in 2022, official data showed on Friday. Total bunker sales in the world’s largest bunkering hub eased as macroeconomic headwinds weighed on overall ship refuelling demand in Singapore, industry …

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Why Malaysia is considering a ban on palm oil exports to the European Union

By Mei Mei Chu KUALA LUMPUR (Reuters) -Malaysia, the world’s second-largest palm oil producer, on Thursday said it might stop palm exports to the European Union after the bloc imposed additional import restrictions on the edible oil due to concerns over deforestation. WHAT IS THE DISAGREEMENT ABOUT? Malaysia and Indonesia have for years been at …

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In tribute to rights leader King, Biden invokes ‘battle for the soul of this nation’

By Steve Holland ATLANTA, Ga. (Reuters) -President Joe Biden told Americans to look towards Martin Luther King Jr.’s life for lessons on repairing their divisions, extremism and injustice, as he become the first sitting U.S. president to speak at a Sunday service in the civil rights leader’s church in Atlanta. Marking Monday’s national holiday celebrating …

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Santos to be removed from U.S. Congress if he broke campaign finance laws -Comer

WASHINGTON (Reuters) – U.S. Representative George Santos, who lied about much of his resume and life story, will be removed from Congress if found to have broken campaign finance laws, fellow Republican and House Oversight Committee Chairman James Comer said on Sunday. “He’s a bad guy,” Comer said on CNN’s “State of the Union” program. …

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