KUALA LUMPUR, March 19 (Bernama) -- Oil prices could hit US$120 (US$1=RM3.93) per barrel if Iranian authorities act on their implied threat to strike on five facilities across Saudi Arabia, the United Arab Emirates (UAE) and Qatar, with Asia bearing the brunt given its dependence on Qatari volumes, according to an analyst.
KUALA LUMPUR, March 19 (Bernama) -- Bursa Malaysia opened lower on Thursday, with the benchmark index tracking overnight weakness on Wall Street.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 18 (Bernama) -- Bursa Malaysia ended higher today, in line with upbeat regional market performance and supported by the strong debut of Sunway Healthcare.
KUALA LUMPUR, March 18 (Bernama) -- Bursa Malaysia remained higher at midday in sync with upbeat regional market performance.
KUALA LUMPUR, March 17 (Bernama) -- Bursa Malaysia stayed higher at midday in line with the upbeat regional market performance, supported by continued buying interest in selected heavyweights led by the financial services as well as industrial products and services sectors.
KUALA LUMPUR, March 17 (Bernama) -- Bursa Malaysia opened higher on Tuesday, buoyed by Wall Street gains and supported by broad-based buying across regional markets.
By Samirul Ariff
Public discussion about energy often begins with a simple question: how much oil does a country possess? Yet this question, while intuitive, can be misleading. The real determinant of energy security is not merely the quantity of hydrocarbons beneath the ground, but the institutions and systems that govern their extraction, transport and distribution. Malaysia’s experience illustrates this principle clearly.
KUALA LUMPUR, March 14 (Bernama) -- Malaysia’s oil supply remains stable, cushioned by diversified crude and product sourcing, as well as deepwater storage and terminal infrastructure at the Pengerang Integrated Petroleum Complex (PIPC).
KUALA LUMPUR, March 13 (Bernama) -- Oil and gas-related stocks opened higher after Iran’s new supreme leader indicated the Strait of Hormuz would stay closed.
KUALA LUMPUR, March 13 (Bernama) -- Bursa Malaysia opened lower on Friday, tracking overnight losses on Wall Street after Iran’s new supreme leader signalled the Strait of Hormuz would remain closed.
KUALA LUMPUR, March 12 (Bernama) -- The continued closure of the Strait of Hormuz following the United States (US)-Iran military escalation is pushing Gulf countries’ oil inventories toward maximum capacity, posing serious operational challenges for refiners across the region.
KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia stayed lower at mid-afternoon, weighed by continuous selling in selected heavyweights led by financial services as well as telecommunications and media counters.
