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There are 195 news based on search keyword " oil prices"

CPO Futures End Mixed Amid Higher Vegetable Oil Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Dec 24 (Bernama) -- The crude palm oil (CPO) futures contract on Bursa Malaysia Derivatives reversed earlier losses to close mixed, following a volatile trading session, said Fastmarkets Palm Oil Analytics senior analyst Sathia Varqa.

Rise In Oil Prices Lifts Ringgit Higher At Close

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Dec 24 (Bernama) -- The ringgit maintained its upward trajectory to close higher against the US dollar and major currencies, mainly lifted by rising oil prices.

Rubber Market Ends Mixed, In Line With Regional Futures

KUALA LUMPUR, Dec 24 (Bernama) -- The local rubber market closed mixed on Tuesday, in tandem with regional rubber futures markets.

Malaysia’s November PPI Records Slower Decrease of 0.4 pct -- DOSM

KUALA LUMPUR, Dec 24 (Bernama) -- Malaysia’s Producer Price Index (PPI) declined by 0.4 per cent in November 2024, a slower decrease compared to the 2.4 per cent drop in October 2024, mainly due to the continued contraction in the mining sector, according to the Department of Statistics Malaysia (DOSM).

Ringgit Stages Strong Rebound To End Losing Streak Against US Dollar

By Siti Radziah Hamzah

KUALA LUMPUR, Dec 23 (Bernama) -- The ringgit staged a strong rebound to end higher against the greenback on Monday as rising commodity prices and a softer US inflation reading helped the local currency snap a recent run of losses against the American dollar.

Local Rubber Market Closes Lower, In Tandem With Regional Downtrend

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Dec 23 (Bernama) -- The local rubber market closed lower on Monday, in tandem with the downtrend in regional rubber futures markets, a dealer said.

Rubber Market To Stay Volatile Next Week Amid Weather Woes, Global Uncertainty

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 21 (Bernama) -- The rubber market is expected to remain volatile next week, with potential for higher prices due to adverse weather conditions in major producing countries and a global shortage of natural rubber stocks, said the Malaysian Rubber Glove Manufacturers Association (Margma).

CPO Market Declines For Fifth Day Amid Weak Exports, Soybean Oil Pressure

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Dec 20 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended their decline for the fifth consecutive day, pressured by concerns over weak exports, said palm oil trader David Ng.

Palm Oil Market Faces Uncertainties Amid Weather Challenges, Supply Constraints

KUALA LUMPUR, Dec 20 (Bernama) -- Malaysian Rating Corporation Bhd (MARC Ratings) anticipates the palm oil market to continue to face significant uncertainties heading into 2025, with supply-side challenges exacerbated by adverse weather conditions and a slower replanting pace.

CPO Futures Close Mostly Lower In Sync With Weaker Soybean Oil Prices

By Nur Athirah Mohd Shaharuddin

KUALA LUMPUR, Dec 19 (Bernama) -- Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives ended mostly lower on Thursday in line with the weaker soybean oil performance on the Chicago Board of Trade (CBOT), said palm oil trader David Ng.

Rubber Market Ends Mixed Amid Regional Downtrend

KUALA LUMPUR, Dec 19 (Bernama) -- The rubber market closed mixed on Thursday amid the downtrend in regional rubber markets, a dealer said.

Buoyant Year For Port Operators, Shipping Industry But Challenges Persist

By Harizah Hanim Mohamed

KUALA LUMPUR, Dec 18 (Bernama) -- It has been a strong year for ports in Malaysia as operators pushed ahead with capital-intensive infrastructure upgrading works and rode on the wave of e-commerce growth as well as rising global trade to maintain their competitiveness.