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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) -- Bursa Malaysia closed marginally lower on Friday, as cautious sentiment persisted, with investors remaining on the sidelines amid ongoing conflicts in West Asia, said an analyst.
KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia settled marginally higher at midday, amid mixed performance in regional markets due to uncertainty over the outcome of the West Asia crisis.
KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia rose in early trade Friday as investors assessed risks from the ongoing conflict in West Asia.
KUALA LUMPUR, April 2 (Bernama) -- Bursa Malaysia reversed yesterday's gains to close lower on Thursday, with the key index settling off its lows, as optimism over a swift end to the West Asia conflict faded sharply following US President Donald Trump's speech this morning, which fuelled global risk-off sentiment.
KUALA LUMPUR, April 2 (Bernama) -- Bursa Malaysia stayed in negative territory at midday in tandem with regional peers, given that global conditions remain uncertain as conflicting narratives continue to cloud prospects for a resolution to the West Asia conflict.
KUALA LUMPUR, April 2 (Bernama) -- Bursa Malaysia opened higher on Thursday, buoyed by rising optimism that the West Asia conflict could ease soon, said an analyst.
KUALA LUMPUR, April 1 (Bernama) -- Petroliam Nasional Bhd’s (Petronas) planning is assisting the government in providing sufficient oil and gas supplies at least until May, said Prime Minister Datuk Seri Anwar Ibrahim.
By Karina Imran
KUALA LUMPUR, April 1 (Bernama) -- Bursa Malaysia closed higher on Wednesday, with the key index rising 1.10 per cent, in line with firm gains across regional markets following a strong rally on Wall Street overnight, said an analyst.
KUALA LUMPUR, April 1 (Bernama) -- Bursa Malaysia ended the morning trading session higher, in tandem with regional peers, amid persistent buying in heavyweight stocks, led by banking counters.
