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Palm Oil Posts Biggest Drop in a Month as Crude Erases War Gains
Palm oil prices fell by the largest margin in a month as crude oil prices erased gains attributed to the war. The decline in palm oil follows a significant drop in crude oil markets.
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Adjacent reporting
- Gas prices sink as oil set for 20% drop — largest one-month decline since 2020
- Brent oil price posts biggest monthly loss in six years as market counts on a U.S.-Iran deal
- U.S. oil prices fall back to preconflict levels as physical flow through the Strait of Hormuz improves
- Stocks fall and oil prices gain after Trump warns the Iran ‘clock is ticking’