BANGKOK, Feb 22 (Reuters) - The world’s top producers of natural rubber said in a joint statement on Friday they will curb exports by up to 300,000 tonnes in a bid to prop up global prices for the commodity.
SYDNEY (Reuters) - Oil prices rose on Monday as Washington and China appeared to edge closer to a trade deal, dampening fears over the outlook for global economic growth.
JOINT COMMUNIQUE/MEDIA RELEASE
SPECIAL MINISTERIAL COMMITTEE MEETING (MCM) 2019
INTERNATIONAL TRIPARTITE RUBBER COUNCIL
- Three Ministers from the main natural rubber (NR) producing countries, namely Thailand, Indonesia and Malaysia, attended the Special Ministerial Committee Meeting of the International Tripartite Rubber Council (ITRC) on 22 February 2019. The Meeting was hosted by Thailand as the largest producer of NR at Mandarin Oriental Hotel, Bangkok.
SINGAPORE (Reuters) - Oil prices reversed earlier falls on Friday, lifted by OPEC’s ongoing supply cuts and hopes that Washington and Beijing may soon end their trade dispute.
TOKYO (Reuters) - Higher U.S. bond yields underpinned the dollar on Friday, while its Australian counterpart steadied after its recent sharp slide on upbeat central bank comments and easing concerns about China’s ban on Australian coal imports.
SINGAPORE (Reuters) - Oil prices fell on Friday after the United States reported its crude output hit a record 12 million barrels per day (bpd), undermining efforts by Middle East-dominated producer club OPEC to withhold supply and tighten global markets.