"Keystone XL would increase domestic oil prices. Again, this comes not from environmental activists but the Keystone XL pipeline company itself. According to documents produced by TransCanada, the company notes that because new pipeline capacity would allow Midwestern oil reserves to be drained and shipped, the Keystone XL pipeline would have the effect of increasing domestic oil prices in the United States, especially in the Midwest"
Crude palm oil futures traded higher on MCX as traders created fresh positions amid pick-up in domestic demand and restricted supplies from major producing belts. Besides, lower palm oil production in Malaysia, the second largest palm oil producer, in the first half of this year due to the lingering effects of the El-Nino weather pattern too supported crude palm oil prices uptrend. https://www.satcodirect.com/commodity-home.aspx