Unlike digitally savvy banking and retail industries, oil and natural gas businesses are latecomers to digitization. With large capital investments in complex industrial operations, firms in latecomer industries are seeking ways to cut costs and become responsive to market demands. Executives in oil and natural gas companies are facing unprecedented pressure to cut costs due to market turbulenc...

This paper examines the forward pricing efficiency of the local crude palm oil (CPO) futures market. In an efficient market, the relevant signal to be used by -the producers, traders and processors is simply the futures price. The forward pricing efficiency is measured in terms of the forecasting ability of Malaysian crude palm oil futures price on physical price. The relative predictive power ...

United States power in Persian Gulf has risen since the end of Second World War. Dividing U.S. presence in the Region into the Cold war and post-Cold war era, the principle policy in first period was narrowing the impact of Soviet Union in the Region and in latter, Access to Persian Gulf region’s oil and controlling the major threats which can disrupt the flow of oil to global energy market. Fo...

Since several years there has been a demand for food products free of palm oil, noticeable in the Western European market. Alternatives based on liquid oils, fully hydrogenated fats, and exotic fats like shea and sal etc., have been developed by the research groups of several specialty oils and fats suppliers. This article describes the advantages and disadvantages of those products and compare...