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There are 2043 news based on search keyword " oil "

Bursa Malaysia Opens Higher, Tracking Wall Street Gains Despite Rising Crude Oil

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 18 (Bernama) -- Bursa Malaysia opened higher on Wednesday, in line with Wall Street’s gains overnight, despite volatility in crude oil prices, which remained above the US$100 mark.  

CPO Futures Close Lower On Weaker Soybean Oil, Stronger Ringgit

KUALA LUMPUR, March 17 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower on Tuesday, following a sharp selldown in the Chicago Board of Trade's (CBOT) soybean oil market.

OCBC Revises Brent Forecast Higher, Expects Prices Around US$100 Through Mid-year

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.

Fiscal Reforms Give Govt Room To Manoeuvre Amid West Asia Conflict -- OCBC Research

KUALA LUMPUR, March 17 (Bernama) — The government's commitment to fiscal policy reforms over the past few years is bearing fruit, affording it room to adopt a wait-and-see approach amid the conflict in West Asia, according to OCBC Research Group.

Kuala Lumpur Rubber Market Stays Mixed, Tracking Regional Futures

KUALA LUMPUR, March 17 (Bernama) -- The Kuala Lumpur rubber market extended its mixed performance for the third consecutive trading day on Tuesday, tracking regional rubber futures, a trader said.

Domestic Sectors Hold Resilient Amid Oil Volatility - Maybank IB

KUALA LUMPUR, March 17 (Bernama) -- Malaysia’s domestic sectors are expected to remain resilient despite near-term market jitters, Maybank Investment Bank Bhd (Maybank IB) said.

Funds May Favour Commodity Exporters Like Malaysia Amid West Asia Uncertainties - Economist

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.

Megah Port Management, Labuan Port Authority Ink Agreements To Boost Port Operations

KUALA LUMPUR, March 17 (Bernama) -- Megah Port Management Sdn Bhd (MPM) and the Labuan Port Authority (LPA) today signed the operation, facility and management continuation agreement and the leasing agreement aimed at further strengthening port operations and maritime services on this duty-free island.

Panasonic Explores Investment In Palm Biomass-based MDF In Malaysia

KUALA LUMPUR, March 17 (Bernama) – Manufacturer of housing equipment and construction material, Panasonic Housing Solutions Co Ltd, is exploring investment opportunities for its palm biomass-based panels product, medium-density fibreboard (MDF).

Bursa Malaysia Opens Higher, Tracking Wall Street Gains

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.

Ringgit Opens Firmer Versus US Dollar On Improved Sentiment

KUALA LUMPUR, March 17 (Bernama) -- The ringgit opened higher against the US dollar today, buoyed by improved global sentiment as market participants reacted positively to developments in the oil market.

Ringgit Ends Higher Against US Dollar, Other Major Currencies Amid Stable Regional Sentiment

By Danni Haizal Danial Donald

KUALA LUMPUR, March 16 (Bernama) -- The ringgit ended higher against the US dollar and other major currencies at the close on Monday, as the market reflected stabilising regional and global risk sentiment, which pushed the greenback to marginal softness amid easing safe-haven demand.