مشرق وسطیٰ حملے: خام تیل مہنگا، پام آئل میں مزید کمی

Malaysian palm oil futures fell for a second session, pressured by profit-taking despite El Niño concerns. Meanwhile, crude oil prices surged over $1, marking their fourth straight session of gains, driven by heightened worries over supply disruptions following renewed attacks across the Middle East. Stronger crude makes palm oil more attractive for biodiesel, but profit-taking dominated. This rise in crude oil prices, fueled by geopolitical risk, could contribute to imported inflation and potentially pressure the Pakistani Rupee, indirectly influencing local gold prices.

بحوالہ / Source: www.brecorder.com