O&G-related Stocks Rise As Iran Signals Hormuz Will Remain Closed
KUALA LUMPUR, March 13 (Bernama) -- Oil and gas-related stocks opened higher after Iran’s new supreme leader indicated the Strait of Hormuz would stay closed.
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KUALA LUMPUR, March 13 (Bernama) -- Oil and gas-related stocks opened higher after Iran’s new supreme leader indicated the Strait of Hormuz would stay closed.
KUALA LUMPUR, March 12 (Bernama) -- Oil and gas-related stocks were trading higher at the open after crude oil prices surged following tanker attacks in Iraqi waters amid the US-Iran conflict.
By Zufazlin Baharuddin
KUALA LUMPUR, March 10 (Bernama) -- Bursa Malaysia opened higher on Tuesday, tracking Wall Street’s rebound after US President Donald Trump signalled that the conflict with Iran could end soon.
KUALA LUMPUR, March 9 (Bernama) -- Bursa Malaysia opened lower on Monday, tracking weaker Wall Street performance overnight as sentiment was dented by a spike in crude oil prices, with Brent crude hovering above US$105 per barrel.
KUALA LUMPUR, Dec 11 (Bernama) -- The oil and gas (O&G) sector is expected to record a 6.4 per cent quarter-on-quarter (q-o-q) earnings increase in the fourth quarter of 2025 (4Q 2025), said CIMB Securities Sdn Bhd.
KUALA LUMPUR, Aug 20 (Bernama) -- Dialog Group Bhd’s net profit for the financial year ended June 30, 2025 (FY2025) slid to RM303.83 million compared to RM575.03 million recorded in FY2024.
KUALA LUMPUR, July 30 (Bernama) -- Pengerang Terminals (Two) Sdn Bhd (PT2SB) will expand and develop a storage capacity of about 272,000 cubic metres, involving a total investment of about US$330 million (RM1.4 billion), including costs associated with shared facilities at the terminal.
KUALA LUMPUR, May 16 (Bernama) -- Research houses are positive on Dialog Group Bhd’s long-term ventures in the upstream and midstream segments despite its lower net profit for the third quarter ended March 31, 2025 (3Q FY2025).
KUALA LUMPUR, Feb 18 (Bernama) -- Bursa Malaysia’s main index pared its earlier losses to end at its intraday high on Tuesday, driven by late buying in heavyweights and in line with most regional markets.
KUALA LUMPUR, Feb 18 (Bernama) -- Bursa Malaysia finished the morning session lower as selling was seen in selected heavyweights led by Malayan Banking Bhd and Petronas Chemicals Group Bhd.
KUALA LUMPUR, Feb 17 (Bernama) -- Bursa Malaysia was weighed down by continuous selling in selected heavyweights at midday, led by the financial services and utilities sectors.