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The ringgit opened slightly lower against the US dollar on reduced demand amid weaker oil prices. Brent was quoted near US$56.26 per barrel, and a dealer cited doubts over the impact of planned OPEC production cuts.
Weaker crude and a softer ringgit weigh on Malaysian palm oil economics and biodiesel demand sentiment, a modest bearish signal for palm-based feed inputs.
malaysiakini.comBernamaDec 19, 2018Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
