World oil prices continued their record-breaking run Thursday, reaching a fresh intra-day peak near 124 dollars a barrel despite a larger-than-expected rise in US crude stocks.
Brent North Sea crude for June delivery was 11 cents higher at 122.43 dollars a barrel.
In London on Wednesday the contract touched an all-time peak of 122.70 dollars, before settling […]

A few aid shipments had arrived in Myanmar’s main city by Thursday, but the planeloads of supplies and heavy equipment needed to help millions of cyclone victims remain largely stranded outside the country.
entire families were wiped out In a dramatic development, the ruling junta agreed to accept US emergency aid after last weekend’s cyclone, allowing […]

Rice Gains for Fifth Day on
Myanmar
 Cyclone, Increased Demand
By Jae Hur and Rattaphol Onsanit
 May 8 (Bloomberg) — Rice gained for a fifth day after a cyclone in Myanmar flooded 5,000 square kilometers (1,930 square miles) of farmland, and Malaysia began imports from Thailand.
Rice futures, which touched a record last month, rose as much as 3.5 percent […]