Miri Oil And Gas Hub To Boost Industry Ecosystem - Abang Johari

MIRI, April 25 (Bernama) -- The Sarawak state government is proposing the development of oil and gas-based support services to strengthen the state’s upstream and downstream ecosystem.

Gold Futures Likely To Remain Cautious Next Week Amid West Asia War, Rising Crude Prices

By Siti Noor Afera Abu

KUALA LUMPUR, April 25 (Bernama) -- Gold futures are expected to remain cautious in the near term as the lack of positive development in the war in West Asia has resulted in crude oil prices gradually climbing.

CPO Futures Expected To Trade Lower On Profit-taking Next Week

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, April 25 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives are expected to trend lower next week amid profit-taking, a trader said.

CPO Futures End Higher, Tracking Rally In Energy Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, April 24 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed moderately higher today, tracking gains in energy prices,

Gold Futures End Week Lower, Tracking COMEX Performance

KUALA LUMPUR, April 24 (Bernama) -- Gold futures on Bursa Malaysia Derivatives extended their losing streak to Friday, closing the week lower in line with the US COMEX market as elevated oil prices stoked concerns among traders.

Global Plastic Supply Disrupted, Govt Steps Up Efforts To Secure Additional Sources - Fadillah

KUALA LUMPUR, April 24 (Bernama) -- Global plastic supply is currently being affected by disruptions to oil and gas production, as well as uncertainties in the Strait of Hormuz, said Deputy Prime Minister Datuk Seri Fadillah Yusof.

Stronger Collaboration Key To Boost Malaysia’s OGSE Resilience Amid Global Uncertainty

By Karina Imran

KUALA LUMPUR, April 24 (Bernama) -- Malaysia’s energy security continues to be underpinned by a resilient ecosystem involving multiple stakeholders, particularly oil and gas services and equipment (OGSE) players that remain a crucial component of the industry’s value chain.

National Biodiesel Programme Gradually Expanding To B20 -- KPK

KUALA LUMPUR, April 24 (Bernama) -- Malaysia is progressively expanding its National Biodiesel Programme from B10 to B20 for the land transport sector, increasing the biodiesel blend, supported by strong industry readiness, the Ministry of Plantation and Commodities (KPK) said.

CPO Prices To Remain Above RM4,500 Per Tonne On Biodiesel Expansion - MPOC

KUALA LUMPUR, April 24 (Bernama) - The Malaysian Palm Oil Council (MPOC) anticipates crude palm oil (CPO) prices to remain supported at RM4,500 per tonne in the near term, backed by stronger biodiesel economics, elevated crude oil prices, and a possible onset of El Niño.

Bursa Malaysia Opens Higher On Industrial, Utilities Stocks Support

By Abdul Hamid A Rahman

KUALA LUMPUR, April 24 (Bernama) -- Bursa Malaysia opened higher on Friday, lifted by buying in heavyweight stocks led by industrial products and utilities counters, despite weaker overnight performance on Wall Street.

Ringgit Rises Against Greenback, Major Currencies On Strong March Trade Data

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, April 24 (Bernama) -- The ringgit edged higher against the US dollar and other major currencies in early trade on Friday, supported by resilient Malaysia trade data for March.

CPO Futures End Lower As Market Takes Breather After Three-day Rally

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, April 23 (Bernama) – Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower, taking a breather on Thursday after posting three consecutive days of strong gains.