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There are 291 news based on search keyword " petroleum"

Profit-taking Drags Bursa Malaysia To Close Mixed Despite Upbeat Regional Markets

By Anas Abu Hassan and Danni Haizal Danial Donald

KUALA LUMPUR, June 24 (Bernama) -- Bursa Malaysia closed mixed today with the benchmark index slipping 0.15 per cent due to profit-taking in selected blue chips, despite improving sentiment in key regional market performance, an analyst said.

Malaysia's May 2025 Inflation At 1.2 Pct Lowest In 51 Months - DOSM

KUALA LUMPUR, June 24 (Bernama) -- Malaysia registered an inflation rate of 1.2 per cent in May 2025, the lowest in 51 months, with the Consumer Price Index (CPI) at 134.4 versus 132.8 a year ago, according to the Statistics Department Malaysia (DOSM).

FBM KLCI Marginally Lower At Midday

KUALA LUMPUR, June 24 (Bernama) -- The FTSE Bursa Malaysia KLCI (FBM KLCI) continued to ease at the end of the morning trading session today, weighed down by persistent selling in selected heavyweights, coupled with declining oil prices amidst the ongoing tension in the Middle East.

Malaysia Can Be Springboard For Pakistan’s Exports To Gain Foothold Into ASEAN -- Business Official

By Rosemarie Khoo Mohd Sani and Mikhail Raj Abdullah

KUALA LUMPUR, June 24 (Bernama) -- Malaysia can serve as a springboard for Pakistani exports to penetrate the broader ASEAN market, a move that will also help Islamabad rectify its persistent trade deficit with Putrajaya.

Bursa Malaysia Opens Marginally Lower

KUALA LUMPUR, June 24 (Bernama) -- Bursa Malaysia opened marginally lower on Tuesday as cautious sentiment persisted despite Wall Street’s upbeat overnight performance, while investors reassessed ongoing global geopolitical risks, an analyst said.

Malaysia-Taiwan Trade Surges 36.8 Pct To RM92.77 Bln In First Five Months Of 2025

KUALA LUMPUR, June 23 (Bernama) -- Malaysia-Taiwan trade has flourished with bilateral trade surging by 36.8 per cent to RM92.77 billion in the first five months of this year, said Malaysia External Trade Development Corporation (MATRADE).

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.

Bursa Malaysia Slips In Early Trade Amid Rising Geopolitical Risk

KUALA LUMPUR, June 23 (Bernama) -- Bursa Malaysia trended lower in early trade today as investors turned wary amid heightened geopolitical tensions in the Middle East, an analyst said.

Petronas Unveils P-ETA To Accelerate Energy Industry Workforce Development

KUALA LUMPUR, June 16 (Bernama) -- Petroliam Nasional Bhd (Petronas) and its partners have launched the Petronas Energy Transition Academy (P-ETA) at the Energy Asia 2025 conference here today. 

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.

Strait Of Hormuz A Concern, But Oil Industry Remains Stable – PM Anwar

KUALA LUMPUR, June 16 -- The Israel-Iran conflict will not necessarily hurt the oil industry or price mechanisms of the commodity, said Prime Minister Datuk Seri Anwar Ibrahim.

Bursa Malaysia Opens Lower Amid Intensified Conflict In Middle East

KUALA LUMPUR, June 16 (Bernama) -- Bursa Malaysia opened lower on Monday, extending last week’s downtrend, weighed down by the broadly lower Wall Street performance amid the intensified conflict in the Middle East between Israel and Iran, said an analyst.