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There are 30 news based on search keyword " opec"

BMI Maintains Brent Price Forecast At US$68 Per Barrel For 2025

KUALA LUMPUR, Oct 10 (Bernama) -- BMI, a unit of Fitch Solutions, has maintained its Brent crude price forecast at an annual average of US$68 per barrel for 2025 and US$67 per barrel for 2026, down from US$80 per barrel in 2024.(US$1 = RM4.21).

Oil Prices Up 2nd Day After Modest OPEC+ Hike, But Gains Limited

WASHINGTON, Oct 7 (Bernama-Sputnik/RIA Novosti) -- Crude prices managed to stay higher for a second straight session on Monday, after the largest oil producers in OPEC+ announced a smaller-than-expected output hike for November.

Brent Holds Above US$70 On Geopolitical Risk Premium - Rystad

KUALA LUMPUR, Sept 29 (Bernama) -- Energy markets opened the week on a firm footing, with Brent crude oil holding above US$70 (US$1=RM4.21) a barrel, supported by a sizeable geopolitical risk premium, Rystad Energy said.

OPEC Fund Approves Over US$1 Bln For Global Sustainable Development Projects

KUALA LUMPUR, Sept 22 (Bernama) -- The OPEC Fund for International Development (the OPEC Fund) has approved over US$1 billion in new development financing during the third quarter of 2025, as announced following its 193rd Governing Board meeting. (US$1=RM4.20)

Rubber Market Ends Lower, Mirroring Weaker Regional Markets

KUALA LUMPUR, Sept 4 (Bernama) -- The Malaysian rubber market ended lower on Thursday, tracking losses in regional rubber futures markets, with sentiment being clouded by uncertainty over the US interest rate moves and persistent geopolitical crisis.

Rubber Market Ends Lower On Mixed Regional Futures, Stronger Ringgit

By K. Naveen Prabu

KUALA LUMPUR, Aug 4 (Bernama) -- The Malaysian rubber market finished lower today, dragged down by the mixed trend in the regional rubber futures market and a stronger ringgit against the US dollar, a dealer said. 

SMR 20 Ends Higher On Concerns Over Natural Rubber Supply

By K.Naveen Prabu

KUALA LUMPUR, July 8 (Bernama) -- Standard Malaysian Rubber 20 (SMR 20) closed higher today over concerns about natural rubber (NR) supply and optimism over increased automobile demand, a dealer said.

Rubber Market Ends Lower, Tracks Regional Losses And Oil Decline

By K. Naveen Prabu

KUALA LUMPUR, July 7 (Bernama) -- The Malaysian rubber market closed lower on Monday, tracking losses in regional rubber futures and a decline in crude oil prices, a dealer said.

Ringgit Opens Higher Vs US Dollar Ahead Of BNM Policy Meeting

KUALA LUMPUR, July 7 (Bernama) -- The ringgit opened higher against the US dollar on Monday with anticipation of a possible overnight policy rate (OPR) cut by Bank Negara Malaysia’s (BNM) monetary policy committee (MPC) meeting on July 9, 2025, said an analyst.

Rubber Market Ends Mixed Amid Supply Concerns, Trade Uncertainty

UALA LUMPUR, July 4 (Bernama) -- The Malaysian rubber market ended mixed today amid concerns over natural rubber shortages due to inclement weather in major producing countries, with gains capped by falling oil prices and global trade uncertainty, a dealer said.

Ringgit Opens Stronger As US Dollar Weakens Further

KUALA LUMPUR, July 1 (Bernama) -- The ringgit extended its upward trend at Tuesday’s open, buoyed by persistent weakness in the US dollar.

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.