7d ago
KUALA LUMPUR, April 28 (Bernama) -- Global crude oil prices rose in a knee-jerk reaction following news that the United Arab Emirates (UAE) has left the Organisation of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance.
27d ago
KUALA LUMPUR, April 9 (Bernama) -- Oil prices rebounded towards US$100 per barrel amid lingering uncertainty over the two-week United States-Iran ceasefire and Iran’s renewed closure of the Strait of Hormuz following Israeli strikes on Lebanon.
27d ago
By Kisho Kumari Sucedaram
KUALA LUMPUR, April 9 (Bernama) -- Rising fuel prices can precipitate a structural shakeout in the airline industry via consolidation, as well as signal the demise of weak and badly run airlines, an aviation analyst warned today.
1m ago
By Harizah Hanim Mohamed
KUALA LUMPUR, April 4 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade cautiously next week, as markets anticipate that central banks will maintain aggressively hawkish stance due to rising energy-driven inflation.
1m ago
By Danni Haizal Danial Donald
KUALA LUMPUR, March 24 (Bernama) -- The ringgit opened higher against the US dollar on Tuesday as global risk sentiment improved after US President Donald Trump signalled a de-escalation in the West Asia conflict.
1m ago
KUALA LUMPUR, March 18 (Bernama) -- Gold futures on Bursa Malaysia Derivatives slipped at the close today as markets await the decision from the United States Federal Open Market Committee (FOMC) meeting today, coupled with losses in the US COMEX gold market,
1m ago
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, March 16 (Bernama) -- Bursa Malaysia opened lower on Monday, tracking overnight losses on Wall Street amid rising crude oil prices.
1m ago
By R.Ratcharathan
GEORGE TOWN, March 13 (Bernama) -- Set to reshape the future of public transport in Penang, Light Rail Transit (LRT) Mutiara Line aims to link the island’s busy corridors through a fast and efficient light rail network.
2m ago
By K. Naveen Prabu
KUALA LUMPUR, March 3 (Bernama) -- Crude oil prices may head towards the US$90-US$100 per barrel level following the disruption at Saudi Arabian state-owned oil giant Saudi Aramco’s Ras Tanura plant, analysts say.
2m ago
KUALA LUMPUR, March 2 (Bernama) -- Bursa Malaysia ended broadly lower on Monday as risk sentiment deteriorated sharply following renewed escalation in the Middle East conflict, triggering a widespread regional equity sell-off.
2m ago
KUALA LUMPUR, March 2 (Bernama) -- The United States-Iran conflict could result in Brent crude prices posting a “knee-jerk” move of US$15-US$20 per barrel (bbl) (US$1=RM3.89) from the latest close, potentially lifting it towards the US$90 bbl level, said Public Investment Bank Bhd (Public IB).
2m ago
KUALA LUMPUR, March 1 (Bernama) -- Brent crude oil could jump by around US$20 on Monday as risk premiums are rapidly repriced unless clear and credible signals of de-escalation emerge over the weekend following the US-Israel attack on Iran, research and energy intelligence company Rystad Energy said today.