Stocks sink, oil surges on reports of Middle East attacks
Asian shares and bond yields sank while safe-haven currencies, gold and crude oil jumped after reports of a sharp escalation in Middle East
Fri Apr 19 2024
Putin bans Russian oil exports to countries that implement price cap
Some analysts have said that the cap will have little immediate impact on the oil revenues that Moscow is currently earning.
Wed Dec 28 2022
Ringgit appreciates vs US dollar in early trade
Stephen Innes said the steadier crude oil prices earlier this week have also provided support for the local note.
Thu Nov 24 2022
CPO prices to range higher at RM5,000-RM5,500 a tonne in Q4 - Zuraida
This is due to the resumption of Indonesia's palm oil export levy beginning Sept 1, and the expected decline in palm oil production in Q4.
Mon Jul 25 2022
Russia is China's top oil supplier for 2nd month, Saudi volumes tumble - Data
Imports of Russian oil totalled 7.29 million tonnes, up nearly 10 pct from a year ago.
Wed Jul 20 2022
China's May oil imports from Russia soar 55 pct to a record, surpass Saudi supply
Imports from Malaysia more than doubled in May yr/yr.
Mon Jun 20 2022
Govt has enough money to continue fuel subsidy, says Tengku Zafrul
The government still has sufficient funds to continue to provide fuel subsidies to the people despite rising global crude oil prices.
Fri Jun 10 2022
EU agrees Russia oil embargo, gives Hungary exemptions; Zelenskiy vows more sanctions
Russian analysts and traders said the phasing-in of the embargo gave Moscow time to find new customers in Asia.
Wed Jun 01 2022
Subsidies may touch RM71 bln in 2022, inflation contained, says Finance Minister
Malaysia is expected to fork out higher total subsidies in 2022 to the tune of RM71 billion, while petrol subsidies alone will touch RM30 billion amid the rise in crude oil prices.
Thu May 26 2022
Capital A to be profitable next year, says CEO
Fernandes said the high crude oil price is not an issue at the moment as demand for air travel is robust.
Fri Apr 08 2022
Govt's plan to expedite 'Borneonisation' process among focus of Dewan Rakyat Thursday
Focus will also be on the govt's planning to review fuel prices at the pump as the price of crude oil increased to US$95 per barrel.
Thu Mar 24 2022
Soaring oil prices gives govt room to continue fuel subsidies - Mustapa
The soaring world crude oil prices currently give some room to the government to continue providing fuel subsidies, says Datuk Seri Mustapa Mohamed.
Sun Mar 06 2022
Malaysia says won't allow Russia-flagged tanker sanctioned by US at port
Linda, a Russian-flagged crude oil tanker targeted by US sanctions, will not be allowed to call at Malaysia's Kuala Linggi port.
Tue Mar 01 2022
Inflation rate expected to be at 2.1 pct in 2022
The inflation rate is forecast to record 2.1 per cent in 2022, following better economic prospects and stable crude oil prices.
Fri Oct 29 2021
Strong commodities performance boosts Ringgit
The ringgit opened higher on Thursday, buoyed by the positive sentiment following the strong commodities performance.
Thu Oct 21 2021