There are 37 news based on search keyword " opec"

Rubber Market Ends Lower On Mixed Regional Futures, Stronger Ringgit

By K. Naveen Prabu

KUALA LUMPUR, Aug 4 (Bernama) -- The Malaysian rubber market finished lower today, dragged down by the mixed trend in the regional rubber futures market and a stronger ringgit against the US dollar, a dealer said. 

SMR 20 Ends Higher On Concerns Over Natural Rubber Supply

By K.Naveen Prabu

KUALA LUMPUR, July 8 (Bernama) -- Standard Malaysian Rubber 20 (SMR 20) closed higher today over concerns about natural rubber (NR) supply and optimism over increased automobile demand, a dealer said.

Rubber Market Ends Lower, Tracks Regional Losses And Oil Decline

By K. Naveen Prabu

KUALA LUMPUR, July 7 (Bernama) -- The Malaysian rubber market closed lower on Monday, tracking losses in regional rubber futures and a decline in crude oil prices, a dealer said.

Ringgit Opens Higher Vs US Dollar Ahead Of BNM Policy Meeting

KUALA LUMPUR, July 7 (Bernama) -- The ringgit opened higher against the US dollar on Monday with anticipation of a possible overnight policy rate (OPR) cut by Bank Negara Malaysia’s (BNM) monetary policy committee (MPC) meeting on July 9, 2025, said an analyst.

Rubber Market Ends Mixed Amid Supply Concerns, Trade Uncertainty

UALA LUMPUR, July 4 (Bernama) -- The Malaysian rubber market ended mixed today amid concerns over natural rubber shortages due to inclement weather in major producing countries, with gains capped by falling oil prices and global trade uncertainty, a dealer said.

Ringgit Opens Stronger As US Dollar Weakens Further

KUALA LUMPUR, July 1 (Bernama) -- The ringgit extended its upward trend at Tuesday’s open, buoyed by persistent weakness in the US dollar.

Crude Oil May Climb To US$85 Per Barrel On Geopolitical Risks, Says Analysts

KUALA LUMPUR, June 23 (Bernama) -- Crude oil prices are expected to rise towards US$85 per barrel in the near term, driven by supply-side risks stemming from recent geopolitical developments, according to CIMB Securities Sdn Bhd.

OPEC To Continue Investing In Fossil Fuels Despite Growing Sustainability And Energy Transition Initiatives

KUALA LUMPUR, June 16 (Bernama) -- The Organisation of the Petroleum Exporting Countries (OPEC) will continue to invest in fossil fuel production, despite the growing momentum behind sustainability initiatives and the global energy transition.

Petronas To Cut 10 Pct Of Its Workforce – Tengku Muhammad Taufik

KUALA LUMPUR, June 6 (Bernama) -- Petroliam Nasional Bhd (Petronas) is cutting 10 per cent of its workforce to cope with challenging operating conditions, particularly due to falling crude prices.

Malaysia's Palm Oil Inventory Set To Rise 15 Pct In May 2025 - CIMB Securities

KUALA LUMPUR, May 14 (Bernama) -- Malaysian palm oil stocks are expected to rise 15 per cent month-on-month (m-o-m) in May 2025 to 2.15 million tonnes, driven by higher output, according to CIMB Securities Sdn Bhd. 

Bursa Malaysia Ends Morning Session Higher On Stronger Sentiment

KUALA LUMPUR, March 25 (Bernama) -- Bursa Malaysia ended the morning session higher, buoyed by renewed buying in heavyweight banking and telecommunications stocks amid improved market sentiment.