Frackers Are Finally Ready to Drill. Trump Won't -2-

0249 GMT - Palm oil prices fall in Asian trading, weighed by reports that the U.S. and Iran are working on a memorandum of understanding that would lay out a framework for talks to end the war. That could lead to a decline in oil prices, weighing on biofuel economics and reducing demand for palm oil as a biodiesel feedstock, PhillipCapital says in a note. It pegs resistance at 4,680 ringgit a ton and support at 4,434 ringgit a ton. The Bursa Malaysia Derivatives contract for July delivery is down 31 ringgit at 4,548 ringgit a ton. ([e-mail])

Write to Barcelona Editors at [e-mail]

(END) Dow Jones Newswires

05-07-26 1124ET