ReutersIndia cuts import tax on wheat, crude palm oil, refined oilsReutersThe import duty on crude palm oil and refined edible oils have been reduced to 7.5 and 15 percent respectively, the order posted on a government website, showed. India, the world&#39 …

MarketWatchOil futures rally on fresh hopes for a production freezeMarketWatchCrude climbed on Monday on hopes that low prices will drive major oil producers to reconsider a collective production freeze in a bid to boost the market. On the New York Mercant …

Palm oil buyers hold off mending ties with Malaysia plantation giantReutersKUALA LUMPUR, Aug 15 Leading global buyers of palm oil are holding off on mending business ties with Malaysian plantation giant IOI Group despite an industry watchdog's decision …

ReutersBig palm oil's pledge to preserve forests vexes IndonesiaReutersMajor palm oil companies were invited to a series of meetings at the economics ministry last week, where officials expressed concern the pledges the plantation companies made are ca …

Oil Will Rally to $50, Then Plunge to $20, Market Watcher PredictsBarron'sLast week's price volatility in crude oil prompted a Reuters analyst to opine that the action “should convince even the most die-hard believers [that] the oil futures market is n …