How electric vehicles are accelerating the end of the oil age
Growing sales of electric vehicles in recent years have led forecasters to speed their projections for when global oil use will peak.
Sat Dec 09 2023
Malaysia supports OPEC's call for global oil market stability
Malaysia remains steadfast in its commitment to support OPEC in its proactive efforts to maintain the stability of the global oil market.
Fri Aug 26 2022
Worst deemed over for oil and gas industry
A continued recovery in global oil demand depends in part on effective pandemic management around the world.
Thu Feb 11 2021
Gov't caps RON95 petrol at RM2.05 per litre, diesel at RM2.15 per litre
The government has decided to cap the retail prices of RON95 petrol and diesel at RM2.05 and RM2.15 per litre respectively, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
Wed Feb 10 2021
Malaysia's Petronas targets net zero emissions by 2050
Many investors have pushed global oil majors to do more to combat climate change.
Thu Nov 05 2020
Malaysia to set up economic panel to combat fall in oil prices, virus outbreak
Malaysia's cabinet has agreed to set up an economic action council to tackle serious issues affecting the economy, such as a drop in global oil prices and a coronavirus outbreak.
Wed Mar 11 2020
Inflation to ease given the decline in global oil prices, says Johari
Malaysia's inflation, which recorded the fastest growth in eight years in February, is expected to ease given the decline in global oil prices.
Mon Mar 27 2017
Oil price recovery fires hope for Malaysian economy
The recovery in global oil prices is expected to benefit Malaysian economy as it will lead to domino effect across other sectors and commodity.
Tue Feb 07 2017
IRBM collects more than RM114 bln in direct taxes for 2016
The amount collected is also less than the RM115 billion targeted for the year following the weak economy, as well as fall in global oil prices.
Mon Jan 16 2017
'RON95, diesel prices likely to go up in January'
The retail price of RON95 and diesel were set according to the average prices of the fuel in the world market for a month, as well as being influenced by the ringgit's movement against US dollar.
Fri Dec 30 2016
Thousands of jobless Asians stranded in Saudi
"Some of them have nothing to eat and have to go through the garbage for food."
Tue Aug 02 2016
Oil price concerns drag Bursa Malaysia lower in early trade
Weak sentiment following the fall in global oil prices, pushed share prices on Bursa Malaysia to open marginally lower this morning.
Tue Jul 26 2016
Oil prices rebound on weaker dollar, bargain-buying
Oil prices rebounded in Asia Thursday, thanks to a weak dollar and bargain-hunting a day after the commodity sank to fresh two-month lows.
Thu Jul 14 2016
Global oil supply glut to 'shrink dramatically' this year: IEA
A global oil glut that has sent prices tumbling is set to "shrink dramatically" later this year, as wildfires have disrupted Canada's output and demand in India soars, the International Energy Agency.
Tue May 17 2016
Economists optimistic oil price to sustain at US$35-US$45 per barrel
This is based on encouraging demand despite major producing countries failing to agree on an output cap.
Mon Apr 18 2016