There are 1812 news based on search keyword " oil"

Bursa Malaysia Extends Rally For Fourth Session On Institutional Buying

By Siti Noor Afera Abu

KUALA LUMPUR, Dec 23 (Bernama) -- Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) continued its upward momentum for a fourth consecutive session, underpinned by ongoing support from domestic institutional investors. 

Rubber Market Ends Mixed On Uneven Regional Futures

KUALA LUMPUR, Dec 23 (Bernama) -- The Kuala Lumpur rubber market closed mixed on Tuesday, tracking uneven regional futures amid softer crude oil prices and a slightly stronger ringgit against the US dollar, a dealer said.

FBM KLCI Opens Lower On Profit-taking Despite Firmer Broader Market

KUALA LUMPUR, Dec 23 (Bernama) -- Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened lower today as investors took profits following yesterday’s solid performance, while the broader market remained on a firmer footing, tracking positive overnight cues from Wall Street.

CPO Futures End Higher On Stronger Export Demand

KUALA LUMPUR, Dec 22 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed higher on stronger export demand, mainly due to the recent price weakness, a trader said.

Rubber Market Up On Steady Oil Prices, Supply Shortages

KUALA LUMPUR, Dec 22 (Bernama) -- The Kuala Lumpur rubber market closed higher on Monday, driven by steady crude oil prices and concerns over natural rubber supply shortages due to adverse weather in major producer, Thailand, a dealer said.

Ringgit Asia’s Best-performing Currency This Year, On Track To Strengthen Further In 2026 – Economists

By Siti Radziah Hamzah

KUALA LUMPUR, Dec 22 (Bernama) – The ringgit was Asia’s best-performing currency this year against its regional peers, with its gains underpinned by strong economic fundamentals and buoyant exports, while interest rate cuts by the United States Federal Reserve (Fed) provided pivotal support to the local currency.

Rubber Market Expected To Edge Higher Next Week On Supply Concerns

By K. Naveen Prabu

KUALA LUMPUR, Dec 20 (Bernama) -- The rubber market is expected to edge higher next week amid supply concerns stemming from persistent heavy rainfall in rubber-producing districts in Thailand and Malaysia, said industry expert Denis Low.   

CPO Futures To Trade With Bearish Bias Next Week Amid Rising Stock Levels

By K. Naveen Prabu

KUALA LUMPUR, Dec 20 (Bernama) -- The crude palm oil (CPO) futures are expected to trade with a bearish bias next week, weighed down by rising stock levels.

CPO Futures End Lower On Rising Stocks, Weak Demand

By K. Naveen Prabu

KUALA LUMPUR, Dec 19 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives closed lower today due to rising stock levels.

SumiSaujana To Expand Into Indonesia With Wet Gas Sulphuric Acid Facility 

From Zufazlin Baharuddin

JAKARTA, Dec 19 (Bernama) -- SumiSaujana Group Bhd (SumiSaujana) plans to expand its footprint into Indonesia after wholly owned subsidiary SumiSaujana TCM Chemicals Sdn Bhd (SSTCM) entered into a memorandum of understanding (MoU) to jointly explore the development of a wet gas sulphuric acid (WSA) facility at PT Kilang Pertamina Internasional’s (KPI) refinery units in Indonesia.

Kuala Lumpur Rubber Market Ends Lower On Weaker Regional Futures, Softer Crude Oil

KUALA LUMPUR, Dec 19 (Bernama) -- The Kuala Lumpur rubber market closed lower today following declines in regional rubber futures and softer crude oil prices, said a dealer.

Bursa Malaysia Hits Nearly 15-Month High On Improved Year-end Sentiment

By Danni Haizal Danial Donald

KUALA LUMPUR, Dec 19 (Bernama) -- Bursa Malaysia ended the week sharply higher, climbing to an almost 15-month high and surpassing its previous peak of 1,660.09 recorded on Sept 27, 2024, as domestic sentiment improved ahead of year-end portfolio flows.