Home / oil price / The Guardian said : The Trump bump for shares is dented – but watch where the oil price goes

The Guardian said : The Trump bump for shares is dented – but watch where the oil price goes

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The price of oil could make Australian households a few hundred dollars richer by year’s end — here’s why

The price of oil could make Australian households a few hundred dollars richer by year's end — here's why

The price of oil could make Australian households a few hundred dollars richer by year’s end — here’s whyPostedThe household budget — it can be about as exciting as pulling teeth, especially if money’s tight.
The oil price moved up late last year and reached a peak in January.
In mid-January, the price of crude oil rose to between $US55 and $US58 per barrel.
As expected, crude oil prices came tumbling back down, to about $US50 per barrel.
The price of crude oil is now between $US48 and $US51 per barrel.

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Malaysian palm oil price nears two-week peak on slower production, soyoil gains - Business News

Palm oil production typically rises in March from February.
KUALA LUMPUR: Malaysian palm oil futures hit a near two-week high on Wednesday, marking a second straight day of gains amid an uncertain production outlook and forecasts for a soyoil rally.
Malaysian palm oil exports fell between March 1 and March 20 compared with a month ago.
Also supporting palm oil were expectations for a rise in soyoil prices after 2017 U.S. biofuel requirements came into effect.
Palm oil prices are also affected by movements in related vegetable oils.

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