Elevated Crude Oil Prices Will Result In Some Mixed Outcomes - Petronas

By Nor Baizura Basri

KUALA LUMPUR, March 11 (Bernama) -- Petronas said the elevated crude oil prices resulting from the US-Iran conflict are expected to produce some mixed outcomes for the company.

CPO Futures End Higher On Firmer Crude Oil Prices

By Danni Haizal Danial Donald

KUALA LUMPUR, March 11 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives finished higher on Wednesday, mainly supported by firmer crude oil prices.

Govt Maintains Targeted Fuel Subsidies, RON95 Remains At RM1.99 Per Litre - MOF

KUALA LUMPUR, March 11 (Bernama) --  The MADANI Government is maintaining the price of RON95 fuel under the BUDI95 initiative at RM1.99 per litre, even though the pump prices of RON95 petrol and diesel have increased following the rise in global oil prices.

Gold Futures End Lower Amid Oil Price Recovery, Stronger Dollar

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 11 (Bernama) -- Gold futures on Bursa Malaysia Derivatives closed lower on Wednesday, as the US dollar strengthened and oil prices rebounded, said an analyst.

Ringgit Ends Higher Vs US Dollar And Other Major Currencies 

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, March 11 (Bernama) -- The ringgit strengthened against the US dollar, other major currencies, and ASEAN peers at Wednesday’s close following news that the International Energy Agency (IEA) has proposed releasing oil reserves, which could help stabilise global crude oil prices.

Bursa Malaysia Ends Higher On Improved Sentiment Over Potential Strategic Oil Reserve Release

KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia extended its upward trend to close higher on Wednesday, supported by improved market sentiment following reports of a potential release of strategic oil reserves aimed at easing the recent surge in global energy prices, said an analyst.

CPO Prices Seen Averaging RM4,100-RM4,200 Per Tonne In 2026

KUALA LUMPUR, March 11 (Bernama) -- Crude palm oil (CPO) prices are projected to average between RM4,100 and RM4,200 per tonne in 2026, supported by firmer crude oil prices that could improve biodiesel economics and support Indonesia’s potential B50 mandate.

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. 

Bursa Malaysia Opens Marginally Lower After Volatile Wall Street Session

By Zufazlin Baharuddin

KUALA LUMPUR, March 11 (Bernama) -- Bursa Malaysia opened marginally lower on Wednesday, tracking weaker performance on Wall Street, where all three major US indices ended well below their intraday highs after a volatile session.

Ringgit Opens Flat Vs US Dollar, Firmer Against Other Majors

KUALA LUMPUR, March 11 (Bernama) -- The ringgit opened firmer against a basket of major currencies but was flat against the US dollar on Wednesday, supported by resilient domestic economic data amid heightened geopolitical tensions and mixed global signals.

Investors Should Diversify Portfolios Amid Oil Price Volatility - Asia School Of Business CEO

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.

CPO Futures Close Lower On Crude Oil Decline

By Danni Haizal Danial Donald

KUALA LUMPUR, March 10 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives pared yesterday’s gains to close lower on Tuesday.