8d ago
KUALA LUMPUR, April 3 (Bernama) -- Refiners are expected to reduce operating runs as decisions are driven by hedgable economics rather than directional market views, said independent research and energy intelligence company Rystad Energy.
8d ago
KUALA LUMPUR, April 2 (Bernama) -- Diesel prices are rising faster than petrol due to structural supply constraints, sustained industrial demand and limited flexibility in refining systems, according to energy research firm Rystad Energy.
10d ago
KUALA LUMPUR, March 31 (Bernama) -- Global oil prices could remain elevated if the West Asia conflict escalates further in the absence of a ceasefire, independent research and energy intelligence company Rystad Energy said today.
11d ago
KUALA LUMPUR, March 31 (Bernama) -- Global fertiliser and ammonia trade could be disrupted as the sale of 15 per cent of global ammonia, and 21 per cent of urea -- a high-nitrogen fertiliser -- is tied to West Asian exporters potentially impacted by the closure of the Strait of Hormuz, according to Rystad Energy.
22d ago
KUALA LUMPUR, March 19 (Bernama) -- Oil prices could hit US$120 (US$1=RM3.93) per barrel if Iranian authorities act on their implied threat to strike on five facilities across Saudi Arabia, the United Arab Emirates (UAE) and Qatar, with Asia bearing the brunt given its dependence on Qatari volumes, according to an analyst.
28d ago
KUALA LUMPUR, March 14 (Bernama) -- A prolonged conflict between the United States (US) and Iran could slash West Asia crude oil output by as much as 70 per cent in a worst-case scenario, energy research firm Rystad Energy said.
29d ago
KUALA LUMPUR, March 12 (Bernama) -- The continued closure of the Strait of Hormuz following the United States (US)-Iran military escalation is pushing Gulf countries’ oil inventories toward maximum capacity, posing serious operational challenges for refiners across the region.
1m ago
KUALA LUMPUR, March 3 (Bernama) -- Rystad Energy expects the current supply shock to have a limited long-term impact on global gas and liquefied natural gas (LNG) markets, despite an over 52 per cent surge at Europe’s benchmark Title Transfer Facility on March 2, 2026.
1m ago
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.
1m ago
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.
1m 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.