Venezuela, Trump and Oil Output
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Palm oil rose as investors hoped for a rebound in Malaysian shipments and further production declines, although swelling stockpiles in the world’s second-largest grower capped gains.
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Reliance denies Russian oil cargo claims, calls Bloomberg report 'blatantly untrue'
Reliance Industries has denied a Bloomberg report claiming Russian oil shipments were heading to its Jamnagar refinery, calling it false. RIL said it has not received Russian crude in recent weeks. The dispute comes amid US tariff threats.