| LATEST NEWS | Gov't continues to maintain RON95 price through BUDI95 despite increasingly burdensome financial pressures - PM Anwar | Six Malaysian vessels safely pass through the Strait of Hormuz, ensuring fuel supply is under control for April and May - PM Anwar | Medicine supply will remain stable until June thanks to government and industry stockpiles - Dzulkefly | Corporate manipulation: PDRM will seek cooperation of foreign authorities to trace witnesses if necessary - Inspector-General of Police | Corporate manipulation: PDRM to seek cooperation from foreign authorities to trace witnesses, if necessary - IGP | |
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 Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 3 (Bernama) -- The surge in global oil prices following the conflict in West Asia does not necessarily lead to extraordinary profits, as cost increases also occur across the entire energy value chain, said Petroliam Nasional Bhd (Petronas).
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, April 3 (Bernama) – Petroliam Nasional Bhd (Petronas) has shortened its downstream planning horizon from three months to 45 days to address global energy supply uncertainties.
KUALA LUMPUR, April 3 (Bernama) -- Tan Sri Mohd Hassan Marican has been appointed as the chairman of the Crisis Management Task Force (PPPK) under the National Economic Action Council (MTEN) to coordinate the government's efforts to address the global energy crisis following the conflict in West Asia.
KUALA LUMPUR, April 3 (Bernama) -- The Malaysia External Trade Development Corp (MATRADE) is stepping up efforts to strengthen bilateral trade between Malaysia and Uzbekistan, positioning the Central Asian nation as a strategic gateway to the broader regional market.
KUALA LUMPUR, April 3 (Bernama) -- The ringgit rebounded to the 4.02 level against the US dollar at the close today, as the Iran-Oman energy transit talks eased concerns over supply disruptions.
KUALA LUMPUR, April 3 (Bernama) -- Refiners are expected to reduce operating runs as decisions are driven by hedgable economics rather than directional market views, said independent research and energy intelligence company Rystad Energy.
KUALA LUMPUR, April 3 (Bernama) -- Malaysian youths are redefining what work and enterprise can look like in the digital age through content creation, livestreaming, affiliate marketing and digital entrepreneurship on TikTok and TikTok Shop.
KUALA LUMPUR, April 4 (Bernama) -- Any consideration to introduce additional support or initiatives must be well structured, implemented in phases, and activated when necessary for the people’s well-being, according to Tengku Datuk Seri Zafrul Abdul Aziz.
KUALA LUMPUR, April 2 (Bernama) —Malaysia Aviation Group (MAG) has secured sufficient fuel supply to sustain operations as per current fuel contract, despite growing concern over shortages and rising oil prices globally.
By Zufazlin Baharuddin
KUALA LUMPUR, April 2 (Bernama) -- The ringgit opened higher against the US dollar and major currencies on Thursday, supported by optimism that geopolitical tensions may be easing, although the broader market tone remains guarded.
