Oil Price Shocks, Inflation and the Fragility of the Global Economy
By Dr Phar Kim Beng
Few economic indicators shape global stability as decisively as the price of oil.
| LATEST NEWS | Global energy crisis: Smart meter users advised to switch to Time-of-Use tariff, save 5-10 per cent with lower rates - Energy Commission | Consumers with monthly electricity consumption of 1,000 kWh and below are eligible to receive Energy Efficiency Incentive - Energy Commission | Nearly 9.2 million consumers in Peninsular Malaysia enjoy the Energy Efficiency Incentive, totalling RM2.8 billion, since its introduction - Energy Commission | Global energy crisis: Electricity generation costs controlled through diversification of energy sources, automatic fuel adjustment (AFA) mechanism - Energy Commission | Global energy crisis: Domestic consumers with monthly usage of 600 kWh and below exempted from AFA cost adjustments - ST | |
By Dr Phar Kim Beng
Few economic indicators shape global stability as decisively as the price of oil.
By Muhammad Fawwaz Thaqif Nor Afandi
KUALA LUMPUR, March 10 (Bernama) -- Investors should diversify their portfolios and consider shifting towards low-risk, higher-quality investments during periods of uncertainty caused by volatile oil prices, according to Asia School of Business chief executive officer and president Prof Joseph Cherian.
KUALA LUMPUR, March 7 (Bernama) -- Malaysia can capitalise on the large-scale oil supply disruption caused by the conflict in the Middle East by positioning itself as a viable and more reliable energy supplier to customers in Asia, said commentator and scholar in the field of maritime and oil and gas, Nazery Khalid.
KUALA LUMPUR, March 5 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) is taking proactive steps to cushion the impact of escalating geopolitical conflicts in West Asia, by activating a comprehensive mitigation framework to support Malaysian exporters navigating maritime blockades, surging logistics costs and supply chain disruptions.
KUALA LUMPUR, March 5 (Bernama) -- Prolonged conflict in the Middle East could sustain a price floor for crude oil through 2026, lending underlying support to palm oil prices and reinforcing firmer trends across the global edible oils market.
KUALA LUMPUR, March 3 (Bernama) -- A temporary closure or restriction of the Strait of Hormuz could sharply tighten supply, pushing up global crude oil and liquefied natural gas (LNG) prices, Economy Minister Akmal Nasrullah Nasir said.
KUALA LUMPUR, Feb 24 (Bernama) -- Malaysia, which is largely an export-oriented nation, must not rely solely on tariff adjustments to boost its competitiveness but also diversify its export base, said economist Nadia Jalil.
KUALA LUMPUR, Feb 16 (Bernama) -- The Employees Provident Fund (EPF) is expected to deliver a dividend rate of between 6.3 per cent and 6.5 per cent for 2025, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
KUALA LUMPUR, Feb 11 (Bernama) -- Bentley Music Group Bhd (BMGB) is expected to expand its retail network into East Malaysia by the end of this year.
KUALA LUMPUR, Feb 10 (Bernama) -- India has emerged as a standout performer in Khazanah Nasional Bhd’s portfolio over the past decade, delivering around double the productivity returns and underpinning the sovereign wealth fund’s decision to remain overweight in the country, while China remains a key market.
KUALA LUMPUR, Feb 10 (Bernama) -- Khazanah Nasional Bhd reported a resilient performance for the year ended Dec 31, 2025, with net assets of RM105 billion and a 5.2 per cent return for the financial year 2025, underpinned by disciplined portfolio management and long-term value creation.
SINGAPORE, Feb 5 (Bernama) -- SGX Group (Singapore Exchange) today posted its strongest half-year result, with net profit rising 11.6 per cent to S$357.1 million during the first half of financial year 2026 ended Dec 31, 2025 (1H FY2026), compared to S$320.1 million (S$1 = RM3.09) recorded in the same preceding period.