| LATEST NEWS | At 6 pm, the ringgit traded mostly higher against major currencies, flat vs US dollar at 3.9630/9670 | Global supply crisisl: Assurance of adequate supply of basic necessities one of three main strategies to protect the people - DPM Fadillah | World entering second wave of global supply crisis, namely disruptions in the supply of oil and gas-based goods - DPM Fadillah | Global supply crisis: Gov’t takes early action to ensure the people remain protected in facing second wave - DPM Fadillah | Ops Tiris records seizures worth RM263.41 million involving 6,773 cases until April 23 -- KPDN DG | |
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).
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.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, March 3 (Bernama) -- Malaysia is in an extremely advantageous position as one of the world’s top palm oil exporters, continuing to supply edible oils to countries which are grappling with rising food prices and fertiliser supply disruptions due to the closure of the Strait of Hormuz.
KUALA LUMPUR, April 2 (Bernama) -- The ringgit closed easier against the US dollar today after gaining ground yesterday, with market sentiment remaining cautious amid President Trump’s unpredictable stance on the US-Iran conflict, leading to constant changes in risk appetite among traders and investors.
KUALA LUMPUR, April 2 (Bernama) -- Malaysia’s petroleum supply remains stable and sufficient, and the government has prepared contingency plans to ensure continued supply under any circumstances, said Deputy Prime Minister Datuk Seri Fadillah Yusof.
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) -- Diesel prices are rising faster than petrol due to structural supply constraints, sustained industrial demand and limited flexibility in refining systems, according to energy research firm Rystad Energy.
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.
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.
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.
KUALA LUMPUR, April 1 (Bernama) -- Glove manufacturers with higher exposure to natural latex (NL) gloves could benefit temporarily amid the West Asia conflict as customers seek cheaper substitutes for nitrile butadiene rubber (NBR) gloves.
