By K NAVEEN PRABU
KUALA LUMPUR, June 16 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives ended higher today, tracking stronger soybean oil prices on the Chicago Board of Trade (CBOT) and a surge in crude oil prices.
KUALA LUMPUR, June 16 (Bernama) -- The Kuala Lumpur rubber market ended higher today, in line with gains in regional rubber futures markets.
KUALA LUMPUR, June 16 (Bernama) -- Global oil prices are surging in anticipation of a supply shock due to the escalating conflict around the Strait of Hormuz, according to Petroliam Nasional Bhd (Petronas).
KUALA LUMPUR, June 16 (Bernama) -- Bursa Malaysia opened lower on Monday, extending last week’s downtrend, weighed down by the broadly lower Wall Street performance amid the intensified conflict in the Middle East between Israel and Iran, said an analyst.
By Harizah Hanim Mohamed
KUALA LUMPUR, June 14 (Bernama) -- Bursa Malaysia’s key index is set to move between 1,500 and 1,530 next week, as markets remain under pressure amid concerns over Washington’s planned unilateral tariff letters and escalating tensions following Israel’s strike on Iran.
By Zufazlin Baharuddin
KUALA LUMPUR, June 14 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives is expected to trade higher next week, tracking the rise of rival oils such as soybean and crude.
By Zufazlin Baharuddin & K Naveen Prabu
KUALA LUMPUR, June 13 (Bernama) -- The crude palm oil (CPO) futures contract ended mostly higher today, supported by stronger crude oil prices amid escalating tensions in the Middle East.
KUALA LUMPUR, June 13 (Bernama) -- Israel’s military strike on Iran earlier today sent oil prices sharply higher, pushing up the Bursa Malaysia Energy Index by 2.01 per cent to 740.76 points from 726.13 points at yesterday’s close.
KUALA LUMPUR, June 11 (Bernama) -- The retail prices of RON97 and RON95 petrol throughout the country will remain unchanged at RM3.07 and RM2.05 per litre respectively, from June 12 to 18.
KUALA LUMPUR, June 6 (Bernama) -- Crude oil prices are expected to remain under pressure and could fall below US$65 per barrel (pb) due to persistent oversupply and weaker demand projections, according to MIDF Amanah Investment Bank Bhd (MIDF Research).
KUALA LUMPUR, June 6 (Bernama) -- Petroliam Nasional Bhd (Petronas) is cutting 10 per cent of its workforce to cope with challenging operating conditions, particularly due to falling crude prices.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, June 5 (Bernama) -- The Malaysian rubber market closed lower today amid mixed regional rubber futures market performance, as the ringgit strengthened slightly against the US dollar, a dealer said.
