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KUALA LUMPUR, March 17 (Bernama) -- OCBC Group Research has revised its Brent crude oil forecast higher, expecting prices to remain elevated at around US$100 per barrel through mid-year before easing towards US$70 per barrel by early 2027 amid ongoing supply disruptions.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, March 17 (Bernama) -- Heightened geopolitical uncertainty surrounding developments in the Strait of Hormuz could influence global capital flows, with commodity-exporting economies such as Malaysia potentially better positioned amid rising energy prices.
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.
KUALA LUMPUR, March 14 (Bernama) -- A prolonged conflict between the United States (US) and Iran could slash West Asia crude oil output by as much as 70 per cent in a worst-case scenario, energy research firm Rystad Energy said.
KUALA LUMPUR, March 13 (Bernama) -- Continued tensions in the Middle East will have impact on economic security and stability, the livelihoods of millions of people in the region, and hinder economic progress in ASEAN, according to a joint statement by the ASEAN Economic Ministers.
JASIN, March 13 (Bernama) -- Malaysia has continued to show positive economic performance despite global uncertainty, according to the Department of Statistics Malaysia (DOSM) chief statistician Datuk Seri Dr Mohd Uzir Mahidin.
KUALA LUMPUR, March 13 (Bernama) -- Gold prices may decline temporarily as investors sell liquid assets to raise US dollar funding, similar to trends seen during the global financial crisis and the early phase of the COVID-19 shock, according to an analyst.
KUALA LUMPUR, March 13 (Bernama) -- Rakuten Trade has revised its forecast for the FTSE Bursa Malaysia KLCI (FBM KLCI) slightly lower at 1,800 for 2026 from 1,810 previously in view of the overhanging uncertainty.
KUALA LUMPUR, March 12 (Bernama) -- Malaysian businesses should consider diversifying into “adjacent operations”, including equities and other activities closely related to their core businesses, so that they can leverage their current expertise while mitigating risks.
KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia’s benchmark index reversed earlier losses to end at its intraday high on Thursday, staging a late rebound during the final hour of trading.
KUALA LUMPUR, March 12 (Bernama) -- Airlines feel “pretty powerless” at present amid escalating geopolitical tensions and volatile fuel prices, with little visibility on how the unfolding West Asia conflict will affect the aviation industry, said Tony Fernandes.
