| LATEST NEWS | Malaysia is not immune to global energy supply disruptions -- PM | The govt has taken steps to manage volatility, balancing adequate supply with cost-of-living pressures -- PM | Malaysia must accelerate a decisive shift towards sustainable, diversified and cost-effective energy sources -- PM Anwar | Energy, infrastructure disruptions are causing immediate humanitarian crisis and unsettling markets, affecting global supply chains and economies -- PM Anwar | Global energy disruptions will raise prices and reverberate across production, supply chains and cost of living worldwide -- PM Anwar | |
KUALA LUMPUR, April 7 (Bernama) -- The ringgit opened little changed against the US dollar but strengthened against major currencies on Tuesday, as market sentiment remained cautious ahead of US President Donald Trump’s deadline on the reopening of the Strait of Hormuz.
By Abdul Hamid A Rahman
KUALA LUMPUR, April 6 (Bernama) -- The ringgit closed marginally higher against the US dollar today as optimism over a potential West Asia ceasefire improved risk appetite.
By Siti Radziah Hamzah
KUALA LUMPUR, April 6 (Bernama) -- Bursa Malaysia ended lower on Monday, with the benchmark index retreating by 0.86 per cent as concerns over escalating tensions in West Asia intensified.
At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 14.67 points to 1,680.83 from Friday’s close of 1,695.50.
KUALA LUMPUR, April 6 (Bernama) -- Bursa Malaysia finished the morning session lower as continued volatility in global conditions was seen in the near term after US President Donald Trump gave Iran a 48-hour deadline to reopen the Strait of Hormuz.
KUALA LUMPUR, April 6 (Bernama) -- Bursa Malaysia opened lower on Monday, as sentiment was pressured by escalating tensions in West Asia and persistent geopolitical uncertainty.
KUALA LUMPUR, April 6 (Bernama) -- The ringgit opened firmer against the US dollar and other major currencies on Monday, supported by a softer greenback amid lingering geopolitical tensions in West Asia.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 3 (Bernama) – Malaysia has a relatively sufficient crude oil supply compared with other ASEAN countries, said national oil and gas company Petroliam Nasional Bhd (Petronas).
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, April 3 (Bernama) -- The surge in global crude oil prices to as high as US$120 (US$1 = RM4.02) per barrel following the conflict in West Asia is not purely driven by supply and demand, but is also influenced by geopolitical factors, shipping costs, and insurance premiums, according to Petroliam Nasional Bhd (Petronas).
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 3 (Bernama) -- Malaysia is in an extremely advantageous position as one of the world’s top palm oil exporters, continuing to supply edible oils to countries which are grappling with rising food prices and fertiliser supply disruptions due to the closure of the Strait of Hormuz.
KUALA LUMPUR, April 2 (Bernama) -- Malaysia’s petroleum supply remains stable and sufficient, and the government has prepared contingency plans to ensure continued supply under any circumstances, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
KUALA LUMPUR, April 2 (Bernama) -- Bursa Malaysia reversed yesterday's gains to close lower on Thursday, with the key index settling off its lows, as optimism over a swift end to the West Asia conflict faded sharply following US President Donald Trump's speech this morning, which fuelled global risk-off sentiment.
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.
