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KUALA LUMPUR, March 2 (Bernama) -- The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) latest decision to increase its crude oil production target by 206,000 barrels per day (bpd) for April is a signal that the grouping is prepared to use spare capacity if needed.
PUTRAJAYA, March 1 (Bernama) -- The government will try to maintain the price of RON95 petrol for Malaysians at the current level of RM1.99 per litre despite global market uncertainty due to the conflict in the Middle East, said Prime Minister Datuk Seri Anwar Ibrahim.
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.
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.
KUALA LUMPUR, Sept 18 (Bernama) -- Oil prices are set to gain support from the United States (US) Federal Reserve’s (Fed) latest rate cut, which is expected to lift global demand sentiment, according to independent energy research company, Rystad Energy.
KUALA LUMPUR, Sept 10 (Bernama) -- Oil prices jumped following news that Doha, the capital of Qatar, was attacked by Israel, which claimed responsibility for targeting Hamas leaders.
KUALA LUMPUR, April 16 (Bernama) -- Asian liquefied natural gas (LNG) prices fell this week, prompting opportunistic buying from some Asian importers, said Rystad Energy senior analyst Masanori Odaka today.
KUALA LUMPUR, Feb 3 (Bernama) -- There is room for the Organisation of the Petroleum Exporting Countries and its allies (OPEC+) to bring back an average of 5.8 million barrels per day (bpd) of extra crude oil in the event of significant supply disruptions from Canada and Mexico, assuming a similar level of utilisation in the past, according to Rystad Energy.
KUALA LUMPUR, Nov 6 (Bernama) -- RHB Investment Bank Bhd has maintained Malaysia’s 2025 gross domestic product (GDP) growth forecast at 5.0 per cent based on global assumptions for a Goldilocks backdrop following Donald Trump’s victory in the United States (US) presidential elections.
