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There are 805 news based on search keyword "crude oil"

Malaysia’s EV Adoption May Accelerate On Firmer Crude Oil Prices -- CIMB Securities

KUALA LUMPUR, March 27 (Bernama) -- Malaysia’s transition towards electric vehicles (EVs) could accelerate due to elevated crude oil prices, particularly among buyers in the premium internal combustion engine segment, according to CIMB Securities Sdn Bhd.

Subsidies Under RON95, BUDI Diesel Hit RM4 Bln Monthly - MOF

PUTRAJAYA, March 26 (Bernama) -- The government is bearing petrol and diesel subsidies estimated at up to RM4 billion a month under the implementation of the BUDI MADANI RON95 (BUDI95) and BUDI Diesel programmes, following the rise in global crude oil prices.

CPO Futures Close Higher On Firmer Crude Oil, Soybean Oil Prices

By K. Naveen Prabu

KUALA LUMPUR, March 26 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed higher today, tracking higher crude oil prices amid the escalation of conflict in West Asia, a trader said.

Move To Adjust BUDI95 Quota Temporarily A Reasonable Step To Reduce Subsidy Payout, Govt Spending

By Mikhail Raj Abdullah

KUALA LUMPUR, March 26 (Bernama) -- Malaysians should accept the government’s temporary adjustment of the monthly subsidised BUDI95 quota to 200 litres from 300 litres per month effective April, as a reasonable step to reduce fuel subsidy spending and one that is necessary due to escalating crude oil prices.

European Stocks Close On Strong Note On Hopes Of US-Iran Peace Deal

FRANKFURT, March 26 (Bernama-dpa-AFX) -- European stocks closed on a strong note on Wednesday, as the mood turned a bit bullish amid some hopes of a de-escalation in tensions in West Asia, dpa-AFX reported. 

Bursa Malaysia Opens Higher, Retreats On Volatile Sentiment

KUALA LUMPUR, March 26 (Bernama) -- Bursa Malaysia opened higher but pared its gains thereafter despite a positive overnight performance on Wall Street, with investor sentiment expected to remain volatile in the near term.

Ringgit Opens Higher Versus Greenback For Third Consecutive Day

By Danni Haizal Danial Donald

KUALA LUMPUR, March 26 (Bernama) -- The ringgit extended its upward momentum, opening higher against the US dollar for a third consecutive day on Thursday, as market sentiment continued to hinge on prospects of a ceasefire between the United States and Iran.

CPO Futures Close Lower Amid Weaker Crude Oil, Soybean Oil Prices

By K. Naveen Prabu

KUALA LUMPUR, March 25 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives closed lower today, tracking weaker crude oil prices amid easing US-Iran conflict, a trader said.

Kuala Lumpur Rubber Market Higher On Regional Peers' Gains, Tightening Supply

By K. Naveen Prabu

KUALA LUMPUR, March 25 (Bernama) -- The Kuala Lumpur rubber market ended higher today, extending its upward trend amid gains in regional rubber futures, a trader said.

Markets In Dire Need Of Credible Signalling From Trump - Economists

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, March 24 (Bernama) -- Global markets, including the stock and currency markets in Malaysia, urgently require clear and consistent signals from United States President Donald Trump to achieve a sustained de-escalation of the conflict in West Asia and restore stability, said economists.

Bursa Malaysia Ends Lower As West Asia De-escalation Hopes Fade

By Durratul Ain Ahmad Fuad

KUALA LUMPUR, March 24 (Bernama) -- Bursa Malaysia gave up early gains to end lower today as risk appetite waned as fading hopes of de-escalation in the West Asia conflict weighed on sentiment.

Rubber Market Ends Higher On Stronger Oil, Synthetic Rubber Prices

By K. Naveen Prabu

KUALA LUMPUR, March 24 (Bernama) -- The Kuala Lumpur rubber market ended higher today, supported by stronger crude oil prices, a trader sa