Carian mengenai topik low-oil

A bust-up between Arab powers has dealt a blow to supercarriers already hurt by low oil prices and laptop bans, exposing the sensitivity of Gulf hubs to regional uncertainty.

Malaysia's 2017 federal budget points to further stability in public finances, despite another decline in revenue from the oil and gas sector.

ExxonMobil reported Friday that second-quarter earnings plunged nearly 60 percent due to low oil prices and weak refining margins.

Qatar Airways said its net profit for the year ending March 31 rose sharply because of low oil prices and a cut in expenditure.

The deepening oil price slump will intensify pressure on banks globally, with those in major net oil exporting countries most exposed to credit risks in the near term.

In the midst of consumers enjoying low oil prices, those working in the oil and gas sector have been suffering a silent sorrow.

In the short term, a negative shock to the world economy and the financial markets will probably be the main effect of the oil collapse. But only in the short term.

The ringgit opened lower against the US dollar today, reversing yesterday's trend on weaker demand due to renewed concerns over low oil prices.

However, as uncertainties lingered for the Malaysian economy in 2016, further downward pressure on the ringgit may persist due to low oil and commodity prices in the short-term.

Petronas is bracing for challenging times ahead with its pre-tax profit in the second quarter dented by 47 per cent and with no reprieve from the low oil prices seen in the near future.

Low oil prices at present should spur innovation, said Prime Minister Datuk Seri Najib Razak in urging renewable energy companies to invest in improving production methods.