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Oil Price Surge Driven Not Only By Supply And Demand But Also Shipping Costs, Insurance Premiums - 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).

Malaysia Airlines Launches Shenzen, Changsa Routes Starting July 2026

KUALA LUMPUR, April 3 (Bernama) -- Malaysia Airlines Bhd is expanding its network with the launch of new routes to Shenzhen and Changsha, China, starting July 2026.

National Petroleum Supply Remains Stable, Govt Prepared With Contingency Plans - DPM Fadillah

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.

Global Diesel Prices Surge Amid Supply Constraints, Robust Demand - Rystad Energy  

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.

Three More Airlines To Boost Malaysia’s Global Connectivity, Expand Reach Into Asia And Africa

SEPANG, March 31 (Bernama) -- Three additional airlines are expected to enhance Malaysia’s global air connectivity and provide access to new growth markets in Asia and Africa.

Qionghai Showcased As Free Trade Hub At Boao Exhibition

KUALA LUMPUR, March 31 (Bernama) -- The "Boao: Where the World Meets, Qionghai: Where Free Trade Thrives" City Exhibition, held at Boao’s Dongyu Island Cultural Park, showcased policies and culture through immersive, sensory experiences enabled by innovative technology and design.

Rubber Market Seen Trending Higher Next Week On Stronger Demand

By K. Naveen Prabu

KUALA LUMPUR, March 28 (Bernama) -- The rubber market is expected to trend higher next week, supported by stronger demand for the commodity amid supply disruptions in the global synthetic rubber segment, according to the Malaysian Rubber Glove Manufacturers Association (MARGMA).

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.

Brace For Prolonged Oil Market Pressure Despite Easing West Asia Conflict, Says Economist

KUALA LUMPUR, March 26 (Bernama) -- Malaysians are advised to prepare for a prolonged period of pressure in the oil market even if the conflict in West Asia eases in the near term.

Carta Expands Asia Network With New Hong Kong Hub

KUALA LUMPUR, March 26 (Bernama) -- Carta, the world’s first fully interconnected system for private capital, has announced the opening of its Hong Kong office.

MTTSL Targets RM652.5 Mln IPO, Largest Logistics Listing Since Westports

KUALA LUMPUR, March 26 (Bernama) – MTT Shipping and Logistics Bhd (MTTSL), a container liner shipping operator, plans to raise RM652.5 million through the public issue of 633.5 million new ordinary shares.

Ranhill SAJ, Yes To Boost Broadband Subscription With Water Voucher In Johor

JOHOR BAHRU, March 25 (Bernama) -- Ranhill SAJ has partnered with Yes to offer Johor households a RM10.50 monthly voucher credited to their water bill for six months through selected broadband subscriptions, in a move to ease living costs while enhancing digital connectivity across the state.