Diversified Supply Shields Malaysia From Immediate Oil Disruptions -- MPRC

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).

Ringgit Eases Versus US Dollar On Cautious Sentiment Amid Worries Over Oil Supply

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 12 (Bernama) -- The ringgit ended lower against the US dollar at the close on Thursday on concerns over oil supply disruptions amid the war in Iran.

Trump Says Oil Reserves Release Will Push Prices Down

WASHINGTON, March 12 (Bernama-dpa) -- US President Donald Trump said he will release strategic oil reserves to stabilise rapidly rising prices, adding that the reserves would be replenished afterwards, German Press Agency (dpa) reported.

Bursa Malaysia Opens Lower As Geopolitical Risks Persist

By Zufazlin Baharuddin

KUALA LUMPUR, March 12 (Bernama) -- Bursa Malaysia opened lower on Thursday, weighed down by softer Wall Street performance amid ongoing US-Iran tensions, while crude oil prices remained elevated.

Ringgit Extends Gains At Opening As Oil Prices Stabilise

KUALA LUMPUR, March 12 (Bernama) -- The ringgit extended gains against the US dollar and other currencies at Thursday’s opening, supported by stabilising oil prices following the International Energy Agency’s (IEA) decision to release additional supply into the market, an economist said.

Ringgit Ends Higher Vs US Dollar And Other Major Currencies 

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 11 (Bernama) -- The ringgit strengthened against the US dollar, other major currencies, and ASEAN peers at Wednesday’s close following news that the International Energy Agency (IEA) has proposed releasing oil reserves, which could help stabilise global crude oil prices.

Bursa Malaysia Ends Higher On Improved Sentiment Over Potential Strategic Oil Reserve Release

KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia extended its upward trend to close higher on Wednesday, supported by improved market sentiment following reports of a potential release of strategic oil reserves aimed at easing the recent surge in global energy prices, said an analyst.

Crude Oil Retreats From US$100 Per Barrel As G7 Signals Readiness To Release Emergency Reserves

By Siti Radziah Hamzah

KUALA LUMPUR, March 10 (Bernama) -- Oil prices retreated from their highest level since 2022 to below US$100 per barrel on Tuesday after the Group of Seven (G7) signalled its readiness to release emergency reserves, easing some of the market anxiety triggered by the escalating conflict between the United States and Iran. 

Malaysia Expresses Strong Commitment To Energy Security In London Summit

From Salawaty Supardi

LONDON, April 26 (Bernama) -- Malaysia has expressed its strong commitment to energy security and a just, resilient energy transition, in line with global aspirations to achieve a clean, sustainable, and inclusive energy future at the two-day Summit on the Future of Energy Security in London, United Kingdom.

Fadillah Joins Ministerial Plenary Session On The Future Of Energy Security Summit

From Salawaty Supardi

LONDON, April 25 (Bernama) -- Deputy Prime Minister Datuk Seri Fadillah Yusof participated in a ministerial plenary on the second day of the Future of Energy Security Summit at Lancaster House here on Friday.

Fadillah Leads Malaysia's Delegation To Summit On Future Of Energy Security

From Salawaty Supardi

LONDON, APRIL 24 (Bernama) -- Deputy Prime Minister Datuk Seri Fadillah Yusof will lead Malaysia’s delegation to the two-day Summit on the Future of Energy Security in London that kicks off Thursday, April 24.

DPM Fadillah Pays Courtesy Call On Turkiye Vice President

From Salawaty Supardi

ANKARA, April 22 (Bernama) -- Deputy Prime Minister Datuk Seri Fadillah Yusof began his official working visit to Turkiye by paying a courtesy call on Turkiye Vice President Cevdet Yilmaz at the Presidential Complex here on Tuesday.